Art Finance

Financialisation of the art world bad news for many artists

There is no doubt that the art world is becoming increasingly financialised – but is this happening to the detriment of the lesser-known artists? Lisa Karczewski, an attorney with law firm Fox Rothschild, says that while the price of some artists’ work is soaring as a result of financialisation of …

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Art FinanceArt Lending

Olyvia Kwok: “Knowing the trends and getting it right”

When Olyvia Kwok was just 22 years old she decided to buy a Chinese scroll painting at an auction for $33,000. She was convinced that the auction house had not catalogued it correctly it. She was certain it was older and could be sold for more. Kwok was correct and …

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Art Finance

Art as an Asset Class: Tom Hainlin, Ascent Private Capital Management

It’s difficult to look at art as an asset class and then compare it to other assets. At least that is the view of Tom Hainlin, national investment strategist at Ascent Private Capital Management. Hainlin follows the trends of the art world from an investment perspective. Offering advice to his …

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Art FinanceArt Lending

Fine Art Partners: Art financing for Galleries & Dealers

Run by Loretta Würtenberger and Daniel Tümpel a husband and wife team, Berlin based Fine Art Partners sets out to act as a partner providing acquisition financing to galleries and dealers. We asked Daniel Tümpel one half of the team about Fine Art Partners and how they fit into the …

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Art FinanceArt Funds

Art Funds Survey 2015

If you take the Peau d l’or as the first, 2014 was the 110th anniversary of art funds. But there was no party. In June 2014, Deloitte and ArtTactic – in their words -“conservatively estimated” that there were 72 art funds in operation. Of the 72 funds it identified, some …

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Art FinanceArt Insurance

Art as collateral: getting the insurance right

As the value of individual artworks in private collections increases, more collectors are seeking to release some of the value held in their art collections by using their art as collateral for loans. “People that have substantial collections also tend to have substantial wealth in other areas – generally they …

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Art FinanceArt Lending

Thomas González Art Loans: Financing dealers and collectors

Based in Berlin and established in 2009, Thomas González Art Loans lends to dealers and collectors wanting to invest in art. We asked founder Thomas González, about his company and the state of the art market. Why should someone use art financing? Thomas González Art Loans offer art loans as …

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Art FinanceArt Lending

ArtAssure offering art finance to auction sellers

ArtAssure, the specialist art financier, has launched a marketing campaign for prospective sellers in 2015 auction sales who are looking for finance. It is offering to advance sellers up to 50% of the loan to value of the collection’s auction estimate. ArtAssure will offer interest of between 10% and 15% …

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Art FinanceArt Funds

Enrique Liberman: what to look for in an art fund

When deciding which art fund to invest in, pay close attention to the background, connections and personality of the fund manager, advises Enrique Liberman, president of the Art Fund Association and chair of the Art Law + Art Funds practice group at Bowles Liberman & Newman LLP. “The fund manager …

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Art Finance

Auction guarantees: a safe bet?

A prominent feature of the art market in 2015 is the trend for auction price guarantees. A growing number of third party investors are finding that they can profit by either directly offering such guarantees or raising capital in the form of a fund that enables them to offer such …

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