Art
New Art Investment Journal Launched
UK-based Fine Art Wealth Management has launched a quarterly journal covering the art investment business, which it claims represents a ground-breaking move in the publication field designed to capture the continued interest in the sector.
The first publication, Art Fund Tracker, features articles by such prominent art investment figures as Neville Tuli, founder and chairman of Osian’s Connoisseurs of Art Private Ltd, Philip Hoffman, chief executive of the Fine Art Fund Group, and Andrew Littlejohn, managing partner of Meridian Art Partners.
Although not immune to the global financial crisis, art investment, so its advocates argue, has traditionally been a good diversifier of risk, provided a strong hedge against inflation and shown a weak correlation with global stock markets. The art market, despite recent developments in providing more price data – such as the US-based Mei Moses Art Index – is still relatively opaque and inefficient, providing opportunities for investors to unearth lucrative opportunities.