Art has been bought, sold, passed down and fought over for centuries. But is it a legitimate asset class in the same way that stocks and bonds are? The short answer is yes, but with some critical ...
The recent Christie’s auction of “The Collection of Peggy and David Rockefeller” set a record high for the most valuable private collection sold at auction at $833 million. “The vigorous buying this ...
Art has always been an asset but until recently, art funds were not particularly popular. “Despite the potential for strong returns and low correlation to the stock market, global art funds have been ...
Art World Infamy is a special series from the team behind The Art Angle, investigating the scandals and schemes that have rocked the art world. In the first chapter, told over four episodes, senior ...
Wealthy individuals have been collecting art practically since art was invented. However, treating art as an investment is a more recent phenomenon. According to Deloitte, the global value of ...
How many asset classes are there? An asset class is a group of investments with similar financial characteristics. As a result, they react similarly to market events. Asset classes are the building ...
Art can be a confusing property to own. Do you buy a work of art for what it is or the potential to appreciate in value? If a wealthy family owns a sizable collection of artworks passed down from ...
A week ago, at Sotheby’s in New York, Maurizio Cattelan’s solid gold toilet hammered for $10m, a smidge over its gold spot price of $9.8m. A case, then, of an artwork literally being worth its weight ...
The digital revolution has ushered in numerous advancements across various sectors, with one of the most significant developments in recent years being the emergence of blockchain technology and its ...
Art is a legitimate but illiquid asset class offering diversification and enjoyment. Only top-quality works drive returns, making access and research essential. NFTs and digital art remain volatile ...
Isabel O’Brien is an experienced business journalist who specializes in private equity, infrastructure, and financial misconduct. Vikki Velasquez is a researcher and writer who has managed, ...