For 15 years, Scott Lynn has been collecting midcentury artists. His collection of abstract expressionists includes Jackson Pollock, but he has a particular soft spot for Clyfford Still, one of the lesser-known artists in that movement. Although Mr. Lynn has seen his collection appreciate rapidly, he realized the asset class was too expensive for most
Art can inspire awe and appreciation—but it can also appreciate in value or provide protection against inflation. Christophe Spaenjers, an associate professor of finance in the Leeds School of Business, studies real assets, including art, and has found that artworks can be a better way to preserve purchasing power than traditional investments like bonds. However,
Credit: U.S. National Science Foundation The U.S. National Science Foundation today announced the first-ever Accelerating Research Translation (ART) investment — more than $100 million to 18 teams at academic institutions across the nation. NSF’s investment will enable academic institutions to accelerate the pace and scale of translational research that will grow the nation’s economy. “NSF
Artist Simran K S Lamba’s paints with a material that is commonplace and not thought of as ‘art’: Coal tar. “My association with tar and allied media started in 2006 when I was waterproofing the terrace of our house and I stumbled across the latent potential that was in this industrial agent,” he says. “Everyday
Join Shailendra Bhatnagar, Editor (Markets), BTTV, for an illuminating session titled ‘The Cult of Equity Investing.’ This engaging discussion brings together industry stalwarts Vijay Kedia, Managing Director of Kedia Securities; Nilesh Shah, MD & CEO of Kotak Mahindra AMC and Vijay Chandok, MD & CEO of ICICI Securities. Together, they delve deep into the intriguing
FLORENCE, S.C. — A state-of-the-art electric vehicle battery manufacturer AESC has announced the company will be investing $850 million to expand operations in Florence County. The expansion comes as the company enters a multi-year partnership with BMW and is expected to create 450 new jobs in the Florence area. AESC will be producing battery
Cole Burston/Getty Images It’s no surprise that Drake would be the person to invest nearly $100 million in the revival of an abandoned amusement park. The reimagined park, “Luna Luna: Forgotten Fantasy,” was named after the original André Heller creation, Luna Luna, that debuted in Hamburg, Germany in 1987. Heller commissioned art from Jean-Michel Basquiat,
Dare Art-Alade, popularly known as Darey, has reflected on the soaring success of Afrobeats music genre on the global stage, saying he’s happy and worried about the attention the genre is currently attracting globally. The acclaimed singer expressed both joy and concern, stating, “I am really happy and proud, but I am also concerned because
If you have a lot of storage space, your attic and garage may be stuffed with old furniture, books, and other items you’ve held onto over the years. At first glance, it may just seem like nothing more than a pile of junk. But if you rummage through carefully, there may be a chance that
Two decades ago, Artuto Cifuentes, a Chilean financier, used his quantitative skills to parse financial derivatives with great effect: long before 2008, he warned that a financial crisis loomed (influencing my own journalism). Now, however, Cifuentes has another mission: he is redeploying his skills to analyse art, exploring issues such as the relative return and