The Canvas Of Wealth: Navigating The Evolving Landscape Of Art Investment In 2024
In an era of economic uncertainty and market volatility, high-net-worth individuals (HNWIs) are increasingly turning their attention to alternative investments. Among these, the art market stands out as a compelling option, offering not just potential financial returns but also the allure of owning pieces of cultural significance. However, as we delve into 2024, the landscape […]
Your Money Is Safe in Art”: How the Times-Sotheby Index Transformed the Art Market
In 1967, Geraldine Norman was tasked with leading an editorial collaboration between the London Times and Sotheby’s. The project galvanized the conceptualization of art as an investment asset. Peter Wilson presiding over the Goldschmidt sale at Sotheby’s, October 15, 1958. For maximum drama, Wilson limited the sale to seven star lots. Guests included Kirk Douglas, Somerset Maugham, […]
Art market boom during WWII with Drouot House as case study
During World War II, the art market experienced a massive boom in occupied countries. Its discretion, the inflation-proof character, the absence of market interventions and the possibility to resell artworks abroad, have been named as the reasons to explain why investing in artworks was, and has continued to be, one of the most interesting and […]
Art leads 2023 Luxury Investment Index
Art once again tops the Knight Frank Luxury Investment Index (KFLII) in Q2, as growth starts to slow or reverse for some other asset classes tracked by the index The update for Q2 comes from the Luxury Investments report from The Wealth Report Series, giving high-net-worth-individuals a guide to investments of passion. The Knight Frank Luxury Investment Index (KFLII), […]
