Future Returns: Art Funds Draw Few Investors, But Some Are Worth a Look
Artemundi is highlighted as a successful case study in the Barron’s article on the benefits of art funds. Abby Schultz writes, “Closed-end funds require a specific end date at which investors will realize a potential return. The Artemundi Global Fund has been a model for success of this structure. Spanning 2010 to 2015, the Artemundi fund’s diversified portfolio of fine art delivered a 17% average annual return.” As an alternative asset with a low stock market correlation and year on year value stability, art funds are are a great way to diversify a portfolio. When managed by an experienced firm like Artemundi, investment in art funds can deliver strong yields while at the same time offering a hedge against market and currency fluctuations.