August 6, 2024
Art Investment

Investment prospects in art and culture

Creativity emerged in the mid-20th century and gained prominence in policy discussions in the late 1950s. In the 1990s, economists and policymakers viewed economic activities through the lens of creativity, leading to the term “creative industries.” Cultural industries, like dance, music, film, and visual arts, are crucial for economic growth and employment, contributing to Sustainable

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Art Investment

DR. DMITRI MERINSON ON THE ART INVESTMENT MARKET

    AMSTERDAM, NETHERLANDS, August 11, 2023 /24-7PressRelease/ — Dr. Dmitri Merinson (www.dmitrimerinsoneconomicresearch.com) points that this unique market is characterized by its fusion of creativity and finance. The value of art is influenced by a myriad of factors, including the artist’s reputation, historical significance, rarity of the piece, and current market demand. Investing in renowned artists or

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Art Investment

Art Tops Luxury Investment Index

Art tops the Knight Frank Luxury Investment Index with 12-month growth of 30% as measured by AMR’s All Art index but auction results so far this year suggest growth has peaked.  “The auction season’s spring sales are the first measure of market confidence and recent results suggest growth is already starting to slow,” said AMR’s Sebastien

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Art Investment

Art market recovery paints uplifting picture for luxury investments

A strong art market led to ‘credible’ returns for Knight Frank’s Luxury Investments Index. Last May, Andy Warhol’s painting of Marylin Monroe (pictured) sold at a Christie’s auction in New York for a record-breaking $195 million / Image: ANGELA WEISS/AFP via Getty High sales figures for artworks are driving solid investment returns for UHNWs, according

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Art Investment

Ultra-rich investors are pulling back from $1M+ artworks

Ultra-high-net-worth art collectors are pulling back, according to a new report conducted during the summer by Art Basel and UBS. Of roughly 2,800 collectors surveyed, those who commonly buy artworks priced at $1 million or more fell from 12% in 2021 to 4% in 2022, a nearly 67% decline. The median expenditure on art and antiques actually

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Art Investment

Expert Insights from an Art Concierge

This is the first of a two-part guide to art investment presented by Artelier, a UK-based art consultancy that specializes in curating art for luxury residences, yachts, aircraft, hotels and corporations. Art holds a unique place in the world of investments. Financially, art is an excellent way to diversify your portfolio—a practice that can help

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Art Investment

The allegations against Lizzo challenge the artist’s brand of positivity and fans’ investment in it

A week before the damning lawsuit filed by three of Lizzo‘s former dancers went public, a video capturing an audience interaction from her Sydney, Australia concert was posted to TikTok. It shows the “Good As Hell” singer as we know her, talking to a young fan identified as Munroe as she holds aloft a sign reading,

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Art Investment

How To Invest in Tokenized Fine Art

In an ever-evolving financial landscape, investing in art has proven to be a solid strategy for many. As the art world embraces a new paradigm of digitization, the allure of tokenized art is growing for collectors and investors. So, how do you invest in tokenized art? This guide offers a step-by-step breakdown of the process,

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Art Investment

Art, investment and Hotel B – The Upcoming

Interview with Susana de la Puente: Art, investment and Hotel B 3rd August 2023 Susana de la Puente is an investment banker for Latin America who is currently focused on investing in startups and new technology-based business projects, as well as projects related to hospitality and gastronomy. Moreover, her greatest passion is art. Among her

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Art Investment

What Collectors Need to Know about Storing Their Art

Art Market Lucy Howie Installation view of “Storage Wars” at The Hole, 2023. Photo by Z. Fred Chen. Courtesy of the artists and The Hole. The value of fine art storage cannot be underestimated when it comes to protecting the value of your collection. From conservation and climate control to transportation and insurance, proper fine

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