Home / News / ART hits $300 billion, rethinks operating model The megafund has reshuffled its executive team and seen several key departures as it hits $300 billion in funds under management and embarks on a restructure of its operational model. Australian Retirement Trust (ART) has shot past $300 billion in funds under management and
‘Once-in-a-decade’ events are becoming more and more common, but avoiding them altogether is just one way of protecting portfolios. ART is building new capabilities to absorb their impact – and come back from them even stronger. In investing, most risk management frameworks are laser focussed on robustness: the extent to which a portfolio is exposed
Watch on YouTube hereArt Basel’s ‘Meet the collectors’ film series celebrates today’s most inspiring patrons In 2018, Louis Norval, a South African property investor and art collector, founded the Norval Foundation in Cape Town to address a lack of political and economic support for the arts in South Africa. The non-profit occupies a 20,000-square-foot plot
Inigo Philbrick Stuart C. Wilson/Getty Images Trying twice to remove a Banksy artwork from a private property, selling a Paula Rego for cash-in-hand in a Lisbon hotel room, and settling deals in the hundreds of thousands based onlyon the veracity of an iPhone photo. These are just some of the details in an upcoming bookby
Elon Musk’s Diverse Investments: The Billionaire’s Secret Weapon Elon Musk’s financial success has been nothing short of extraordinary, especially as he thrives while other sectors of the economy struggle. What’s his secret weapon? Musk hasn’t kept this secret to himself; he’s been hinting at it since late last year. However, amid the chaos of the
Artwork on wall by Gala Porras-Kim. Photography by Benedikt Frank. Image courtesy of Catherine Petitgas. Contemporary Latin American art has a profound advocate in Catherine Petitgas, a former Wall Street analyst whose creative passions forced a sharp career shift. Encouraged by her family to pursue a burgeoning interest in art, Petitgas embarked on an educational
Masterworks is a platform that allows you to buy and sell fractional shares of artwork. You’ve probably seen the headlines of some fine artwork selling at auction fro $100 million or more? Or what about the story of some guy finding a painting at a garage sale and it ended up being worth millions? You
These Millennial collectors are not only purchasing art for the first time, but they are doing so with the long-term view of building world-class collections that can grow over time, in both cultural and financial value. “This is a global trend but young Singaporeans are showing a leading initiative in this movement,” observed Art Works
Art Shreya Ajmani Much like the country’s economy, India’s art market is growing—fast. Recent years have seen an influx of new collectors, galleries, institutions, and art fairs, which, taken together, are actively fostering a burgeoning contemporary art scene. Much of this growth is illustrated by the country’s auction houses, which saw total turnover surge from
Cosmetics investor and megacollector Ron Perelman sold off nearly $1bn worth of his famed art collection over a two-year period in order to pay down debt after Revlon stock plunged during the early days of the Covid-19 pandemic, recently unsealed court filings show. Perelman, the company’s longtime boss, had used his shares as collateral for