Fine Art: The Alternative Investment Asset
Great Art is a Great Investment
Fine Art: The Alternative Investment Asset
Get Stable and High-Yield Returns by Investing in Art
Vue de l’asile et de la Chapelle de Saint-Rémy (1889)
Vincent van Gogh (1853 – 1890)
In 1963, art dealer Francis Taylor bought this “had to have no matter what” painting at auction for his daughter Elizabeth for $260,000. The painting remained in Elizabeth Taylor’s living room from 1963 until her death in 2011, after which it was auctioned for $16,000,000. In 2018, it was sold at auction for $39,687,500. According to Christie’s description, “This is the only one not painted from within the confines of thee private hospital.” Unlike his previous canvases, however, which had been rendered indoors, he painted this view of the chapel en plein air, an asylum attendant keeping watch on the artist while he worked.”
ArtVestment’s vision and objectives are to build, manage and curate great fine art investment portfolios that will stand the test of time for generations. Fine Art is a Recognized Alternative Asset for Portfolio Diversification
- Wealth management firms today recognize fine art as an important alternative asset for diversification.
- Investing in fine art requires unique expertise, global knowledge and contacts, and much more.
- Investing in rare art should integrate with generational wealth preservation and transfer planning.
In times of financial turbulence, investment-grade fine art can be a shelter from the storm.
The ArtVestment strategy of long-term hold for store of value and appreciation is a historically proven inflation hedge strategy. A collection of 2000 works acquired over a 6-year period and held for 16 years generated a 13.1% return per year when liquidated.
Listen to Leading Financial and Fine Art Experts Discuss Art as an Alternative Asset
Financial institutions, such as UBS, Citibank, Deloitte, and others, closely follow the global fine art market that in 2022 generated over $67 billion in sales revenues.
In the global public auction market, the rarest, most in-demand works of art sell in the US$ 1 million and up category. They account for only 1.2% of all global auction sales but represent over 60% of annual sale revenues.
Data source: 2022 Art Basel and UBS Report.
© Art Economics (2022)
ArtVestment Shareholders Will Benefit From Proven Fine Art Investment, Management, and Curation Expertise That Will Enhance Asset Appreciation and Long-Term Store of Value
ArtVestment’s world-class Fine Art Team is led by Steven P. Murphy, Christie’s CEO (2010 -2014). Steven is supported by his team of fine art experts, managerial and legal associates at his art advisory firm Murphy & Partners (MAP); HQ’d in London with offices in New York and Houston.
During Steven’s tenure, Christie’s become the number-one auction house in the world, launched in China, and enjoyed its three most profitable years in its history. Under an exclusive fund advisory arrangement, MAP will develop with ArtVestment asset investment strategies, plus manage all aspects of asset acquisition, portfolio management and curation, and investor reporting.