[ad_1] When Michael Findlay arrived in New York in 1968, as an aspiring art dealer aged 23, there was no such thing as an “art market”. The word wasn’t used at all. “The market meant a grocery store.” Today the art market is a glittering international pageant, an endless parade of art fairs, openings, biennales,
[ad_1] The first warning that there might be something wrong with the Andy Warhols that a family of art collectors had been buying through a Miami gallery came last December. When the family decided to sell some of the works, it said in a lawsuit filed Thursday, Christie’s, the auction house, questioned their authenticity. The
[ad_1] Australia’s second largest superannuation fund, Australian Retirement Trust, has hit a set of milestones in recent months. It opened its first overseas office in London, surpassed A$300 billion ($204 billion; €183 billion) in funds under management and grew to more than 2.4 million members. These achievements have prompted the fund to reflect on plans
[ad_1] For Isaac Sultan Cohen, art collecting was always more than just a hobby. In his world, art collecting is an emotional pursuit to which he is intimately connected, reflecting his passion for modern and contemporary art. Based in Miami, a city internationally known for a colourful art scene, and hosting the internationally renowned Art
[ad_1] Sotheby’s opened an office in Dubai in March of 2017 to serve as its headquarters in the region. Courtesy Sotheby’s There has been a lot of buzz about the French-Israeli entrepreneur, art collector and majority owner Patrick Drahi potentially taking Sotheby’s back to the public market or accepting offers from other investors to rebalance
[ad_1] 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
[ad_1] ‘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
[ad_1] 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
[ad_1] 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
[ad_1] 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