USEFUL INFORMATION - Investing in Art
We are all aware that you should only buy the art you like, that all investments “can go down as well as up ” etc. So far as investing in fine art is concerned, however, recent research by Barclays Capital and The Economist Magazine indicates that the sector has:
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Outperformed both equities and property in generating higher yields over both the short and long term |
| Emerged as a viable and attractive asset class |
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“…an advantage over other hard assets because it can be enjoyed, and confers status or ‘wall power’” |
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Art as an investment is set to grow in acceptance in the coming years |
ART INDICES
Collectors Guide 2008, Christie's/Forbes.com, 7 December 2007 (US Sales Only)
ARTICLES
We list below some articles, which we have selected relatively at random, to give you an indication of current investment thinking. We update this list from time to time:
THE FINANCIAL TIMES, 29 January 2008
Corporate art spending reaches record high
Banks and companies are spending record amounts on the arts, music and theatre as they seek to boost their brand, motivate workers and develop links with the cultural world … (more)
NEW YORK SUN, 13 August 2007
Seeking A Hedge For Art
... A few art market indexes already exist. The best known is the Mei/ Moses Fine Art Index — actually a group of indexes in the categories of ... (more)
THE FINANCIAL TIMES, 13 July 2007
Investing in the art market
Art has emerged as a serious alternative asset class in the past few years, in spite of the disdain of art lovers and the scepticism of many dealers and collectors … (more)
THE SUNDAY TIMES, 16 July 2006
Master the art of profiting from pictures
Private banks are helping wealthy investors to make new fortunes in the booming art market … (more)
TIMES ONLINE, 17 April 2006
Is it just art, or is it investment?
People are turning to paintings to give a lift to their new homes and in the hope that they will be able to reap future dividends … (more)
MONEYWEEK, 10 March 2006
How to start investing in art
Maastricht’s International Fine Art and Antiques Fair offers exclusive opportunities to buy old masters – but given that the more you pay, the lower your return, it’s worth doing your homework to uncover the kind of art most likely to hold its value … (more)
THE NEW YORKER, 17 October 2005
Cash for Canvas
In 1904, André Level, a French financier, persuaded twelve other investors to contribute … (more)
MONEYWEEK, 27 May 2005
Beware the perils of dabbling in contemporary art
Early in May each year, the art world descends on New York for two weeks of auctions. These are the most important dates in the art calendar and what happens at them generally sets the tone for the rest of the year. Deborah Brewster in the FT asks what was the message this year? … (more)
FORBES.COM, 12 April 2004
Art Appreciation
According to academic studies, fine art has been a better investment than the S&P 500 over the last 50 years. So why aren't there more art investment funds? … (more)
THE INDEPENDENT, 15 January 2005
Art by (rising) numbers: Britons turn avid collectors
By cutting prices for their works and making more art accessible, exhibitors and artists are enjoying a renaissance in art-buying by the general public, rather than just the rich … (more)
THE OBSERVER, 7 March 2004
Why it's safe to splash out on watercolours again
Anyone for Victorian watercolours? Don't curl your lip. It's time to divert your gaze from flashy Bratby oils and Lichtenstein prints and discover why ... (more)
FORBES.COM, 24 December 2001
Give 'Em Shelter
Bad news is good news for art collectors--and sellers. And so it's been for a very long time … (more)
INVESTMENT INTERNATIONAL
Higher Interest Investments
Stick something else in your portfolio instead of boring old stocks and shares… (more)
INVESTMENT INTERNATIONAL
Can art and wine beat the markets?
Alternative investments may be well worth considering for a balanced portfolio. Should you find a home in your portfolio for art and wine? … (more)
MONEY EXTRA
Art for investment’s sake – Do you know what you like?
Many of us continuously scour the internet or read the City pages and money sections of the newspapers in desperate hope that they will unravel the confusing world that can be the stock market. You may read for pure inspiration and investment ideas. This tactic can work for some but for others it does not. The result - frustration - what to invest in? … (more)
THE WEALTH COLLECTION
To have to hold
Collecting art is no longer just about individual taste or the status of owning a well known cultural artefact, it is now a serious investment in its own right. Leading art adviser Richard Thompson offers some advice on how to play the market … (more)