August 5, 2024
Art Investment

Alice L. Walton Foundation, Ford Foundation, Mellon Foundation, and Pilot House Philanthropy announce investments for more diverse leadership in art museums

Art institutions receive over $11M to develop new leadership and curatorial positions to increase racial equity in the sector NEW YORK, NY – (May 3, 2023) Today, four national funding partners, Alice L. Walton Foundation, Ford Foundation, Mellon Foundation, and Pilot House Philanthropy announced the Leadership in Art Museums (LAM) initiative. Over the next five

Read More
Art Investment

Is it the right choice?

Art has long been considered a valuable asset class for investors, with the potential for high returns and unique physical and aesthetic qualities. While the art market has seen its share of ups and downs, it remains an attractive option for those seeking alternative investments. One company at the forefront of investing in art is

Read More
Art Investment

The Future of Art Investment

Technology is revolutionizing the art world, presenting investors with novel opportunities and challenges. The emergence of fractional shares of fine art and NFTs has created a unique intersection of art and technology, prompting many to question which investment option holds greater promise.  Here, we delve into the world of art investments to better understand the

Read More
Art Investment

Is art a good investment?

WHEN it comes to investing, diversification is an important pillar. It’s all about investing in a range of assets and not keeping all your eggs in one basket. But have you ever considered putting your money into art? Art is a ‘collectible’ – meaning it’s simply an asset that people collect. It can be either physical

Read More
Art Investment

The Financial Industry’s Ties with the Art World Are Getting Tighter

Editor’s Note: This story originally appeared in On Balance, the ARTnews newsletter about the art market and beyond. Sign up here to receive it every Wednesday. With the major May auctions around the corner, the Art Business Conference has landed in New York for the first time since before the pandemic with a full slate of panels that examine the state

Read More
Art Investment

The Financial Industry’s Ties with the Art World Are Getting Tighter – ARTnews.com

Courtesy Arkive. Editor’s Note: This story originally appeared in On Balance, the ARTnews newsletter about the art market and beyond. Sign up here to receive it every Wednesday. With the major May auctions around the corner, the Art Business Conference has landed in New York for the first time since before the pandemic with a full slate of panels that examine

Read More
Art Investment

Avoiding Taxes on the Sale or Gifting of Art

with wow word. Face close-up. Comic vector illustration on pop art background. getty I recently had a conversation with Irena Tarsis, the Founder and Managing Director of the Center for Art Law, an independent public charity that is dedicated to writing, gathering, and sharing legal and visual arts information for the benefit of artists, students,

Read More
Art Investment

Sculpture Trail in Augusta on display along Savannah Riverwalk, continued investment in public art on display | North Augusta, CSRA News

New art is prominently on display in downtown Augusta for all to view. The Augusta Sculpture Trail, a public art trail located along the Savannah River, added new art that was unveiled after a ribbon cutting on April 21. The art trail is funded by the Greater Augusta Arts Council. “This is a new

Read More
Art Investment

Succession & Billionaire Art Investments

Update, April 2023, (Succession spoilers ahead): All of the drama in the fourth episode of Succession‘s final season swirls around a piece of paper. Discovered in Logan’s private safe while “friends and family” have gathered in his Fifth Avenue palace to grieve the fallen patriarch, it appears to be a list of last wishes, some

Read More
Art Investment

Focus: Ferrari fever? Classic cars roar into investment funds

Rise of classic cars beats wine, watches and art – index 1962 Ferrari fetches $48 mln, 1955 Mercedes-Benz $149 mln Asset managers offer funds focused on vintage vehicles Electrification to turn collector cars into ‘cult objects’ MILAN, April 15 (Reuters) – In 1977, a Ferrari owner offloaded his 1962 250 GTO because his wife complained

Read More