Searching for the next Picasso, Pollock or Hockney to invest in? We select the 15 best artists around today. According to Picasso, it took him four years to paint like Raphael but a lifetime to learn how to paint like a child. An untrained eye cast over ‘Nude, Green Leaves and Bust’ might wonder how
The top 45 museums in the US hold endowments of more than $40bn in aggregate. Like most investors, they generally invest in public equities, and it is reasonable to assume at least a portion of their allocations are in an index fund, such as the S&P 500. Unfortunately, that means our museums are invested in
I’ve been raising funds for a building project: not a hospital, not a school, but an arts centre. It’s not an easy sell at the best of times but add in a pandemic and the fact that I’m in Africa and, according to the current rules of financial engagement, art is the very lowest of
Tony Hetherington is Financial Mail on Sunday’s ace investigator, fighting readers corners, revealing the truth that lies behind closed doors and winning victories for those who have been left out-of-pocket. Find out how to contact him below. K.P. writes: I am sending you details of the Global Art Gallery investment company. Can you tell me
In the 1987 movie “Wall Street”, Michael Douglas played the role of Gordon Gekko, a high-powered and ruthless corporate raider. Charlie Sheen portrayed Bud Fox, an up-and-coming Wall Street stockbroker who eventually became one of Gordon Gekko’s stock traders. There’s a scene in the movie where Gekko talked about his painting by Spanish painter, Joan
Non-fungible tokens, or NFTs, have been a hot investment theme the past couple of years. Although various uses for these cryptocurrency-based assets are still being developed, art investing has emerged as an early winner for NFT utility. Traditional art investing is largely the realm of the super wealthy, but NFTs have opened the door for
The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US The most impactful, thoroughly modern art collection in the world does not sit in some industrialist’s private collection, nor in the great museums of New York. Instead, the masterpieces
And join committees! It’s relatively inexpensive as a young collector. All these museums have youth groups with particular prices for those under 40 and they hold lots of events for those groups, because they are cultivating the future collectors. When you meet an artist, ask them, “Who are the artists you would recommend that I
In a 4 to 1 vote, the Board of Collier County Commissioners approved grant awards to 17 arts and cultural organizations during September’s Board Council meeting. The approval of $750,000 in funding represents less than 2% of the overall revenues the county receives annually from the tourist taxes, commonly referred to as the bed tax.
Investing in multimillion-dollar paintings usually requires having a sizable amount of capital. Privately-held startup Masterworks is set out to change that. Masterworks is making the world of art a little less exclusive by offering everyday investors the chance to own a fraction of these high-priced investments with a much smaller amount of money. Through the