[ad_1] Austrian billionaire Klemens Hallmann is being forced to sell his 32 percent stake in Niclas Castello’s $23 million gold cube sculpture amid bankruptcy proceedings. The 400-pound, 24-karat artwork went viral after a 2022 Central Park debut and was tied to the launch of a crypto token and NFT platform. Originally described as “not for
[ad_1] On October 30, Singapore-based art investment firm Art Works, which also runs a gallery and advisory, abruptly ceased operations and entered liquidation, as confirmed by public records. The sudden closure has left staff unpaid and artists uncertain about the status of their artworks, which remain in the company’s possession. Incorporated in 2011 as Art
[ad_1] The project, a 50-50 joint venture between the ISPT Core Fund and ART, via a mandate with ISPT, is located within the growing Camperdown Health, Education and Research Precinct (CHERP), strategically positioned between the Royal Prince Alfred Hospital and the University of Sydney, the pair said in a statement on Thursday. The new development
[ad_1] Vincent, currently ART’s chief operating officer, will step into the new role from 1 October 2025, the fund confirmed. She has been part of the executive committee for the past two years and has previously held senior leadership roles at Westpac, NAB, and Macquarie. ART chair Andrew Fraser said Vincent was a “natural choice”,
[ad_1] Australian Retirement Trust (ART) has announced the appointment of Darryl Burke as chief risk officer, effective 17 March 2025. ART confirmed that, as CRO, Burke will lead the fund’s risk and compliance business area. “The risk and compliance team plays a critical role in driving ART’s world-class governance capability by assessing risk and guiding
[ad_1] The collector who paid $1.7 million for Roy Lichtenstein’s Nurse in 1995 watched it sell for $95.4 million twenty years later. That’s not luck. That’s understanding how certain works transform from purchases into dynasty-building assets. Pop art has outperformed the S&P 500 over three decades, but the difference between spectacular returns and expensive wallpaper
[ad_1] Swiss art dealer Yves Bouvier has filed a sweeping motion in federal court in Manhattan, as part of an effort to recover 91 artworks worth an estimated $100 million that he says he rightfully owns. Bouvier is asking for judicial authorities to compel at least 15 banks and financial companies, along with two major
[ad_1] The combination of decentralized finance (DeFi) and the creative economy has dramatically reshaped India’s digital world by 2026. As blockchain technology becomes more advanced and widely adopted, NFT Art Finance has grown from a niche market into a recognized financial asset class. Today, it gives Indian investors and artists a solid structure for building
[ad_1] Australian Retirement Trust (ART) has released its Net Zero 2050 Roadmap, which follows the commitment it adopted shortly after the fund’s merger in 2022 to have a net zero greenhouse gas emissions investment portfolio by 2050. ART’s head of sustainable investments, Nicole Bradford, said: “As one of Australia’s largest superannuation funds, Australian Retirement Trust’s
[ad_1] Gaurav Kapadia has deliberately avoided publicity throughout his career in investing, which makes this conversation a rare window into how he thinks. He now runs XN, a firm built around concentrated bets on a small number of companies with long holding periods. However, his education in judgment began much earlier, in a two-family house