[ad_1] Australian Retirement Trust has seen the cycle of in- and out-sourcing around the world and doesn’t want to be part of the same ‘pattern’. But even very large super funds have to think hard about their service providers, with counterparty risk emerging around similarly large managers. Australian Retirement Trust (ART) might be the country’s
[ad_1] With a varying but undeniable frequency, works of art — sooner or later — make headlines when gavels are banged at auctions. As demonstrated by the most expensive piece up for grabs so far in 2023, it’s clear that art — in addition to being beautiful — can be very profitable if the stars
[ad_1] Elon’s diverse investments have generated him billions, even as entire sectors of the economy crumble. What’s his secret weapon? Elon’s actually been giving the secret away since late last year. Most people just missed it. It’s understandable, there was a lot going on; the invasion of Ukraine had just begun, fuel prices were starting
[ad_1] Lee Woo-hwan’s painting/ Courtesy of Yeolmae Company By KTimes Lee Yeon-hee, a 38-year-old office worker, has distinguished herself among her friends as an art investor. Her foray into the art world started in 2019 with Damien Hirst’s “A Dream” and Lee has since expanded her portfolio to encompass works by acclaimed artists such as
[ad_1] Jack Slomka September 18th, 2024 – 9:34 PM AI is probably the most controversial issue in gaming this year. The only thing that might come close is the mass shutdowns and layoffs that have been sweeping the industry
[ad_1] The past year has been one of more transformation than usually occurs in the art world in any given twelve-month span. The cooler market can only account for some of the sweeping change—though “it is a correction, but not a collapse,” according to Christie’s CEO Guillaume Cerutti, as quoted in the Financial Times. This
[ad_1] Calvin Lucyshyn, who operated Winchester Galleries, has been charged with one count of fraud over $5,000 An Oak Bay art dealer is facing a fraud charge two years after Saanich police seized around 1,100 pieces of art worth tens of millions of dollars. Police alleged at the time the dealer was taking art from
[ad_1] Republican James Comer has issued a statement claiming that Hunter Biden, the son of U.S. President Joe Biden, was aware of the identities of buyers of his artworks, according to statements made by his gallerist. If true, this contradicts an alleged White House ethics agreement that was widely reported when Biden debuted his newfound
[ad_1] Doha, Qatar: Alford Hughes, Qatar’s only prime international real estate office, has announced the release of the second edition of the Global Investor Guide in collaboration with Qatari Artist Abdulaziz Yousef, popularly known as ‘Temsa7’. Building on the success of its previous collaboration with Qatari artist, Bouthayna Al Muftah, for the inaugural edition, Alford
[ad_1] Art can inspire awe and appreciation—but it can also appreciate in value or provide protection against inflation. Christophe Spaenjers, an associate professor of finance in the Leeds School of Business, studies real assets, including art, and has found that artworks can be a better way to preserve purchasing power than traditional investments like bonds.