LEADING THE FIELD IN ART INVESTMENT MANAGEMENT
ABOUT ART AS AN ASSET
Art has been mostly known as a valuable asset for its long-term appreciation and estate planning advantages. But there are others: portability, low maintenance costs, and the intellectual, emotional and social prestige components that no other investments have. For example, the lack of regulation in the art market presents arbitrage opportunities and its global nature offers different currencies in which to operate. One of its most commonly alleged disadvantages -its lack of liquidity- is (together with the uniqueness of each picture), commensurate and necessary to the maintenance of its value in the vast majority of cases. To illustrate, albeit comparatively, how the lack of liquidity may be a positive aspect rather than a negative one, art has been historically “armored” against collective panic affecting the stock markets.
THE GROUP’S PAST PERFORMANCE:
Accumulated Assets Under Management
$211 million USCy
Book Value (initial)
$500 per share USCy
Book Value (final)
$983.55 USCy per share
“Art is made to disturb. Science reassures. There is only one valuable thing in art: the thing you cannot explain.”
Georges Braque, 1957