Alt Investments
UBS Gets the Art Bug

UBS is to show its considerable art collection, which includes works by artists from Andy Warhol and Lucian Freud to Andreas Gursky and Thom...
UBS is to show its considerable art collection, which includes works by artists from Andy Warhol and Lucian Freud to Andreas Gursky and Thomas Struth, at a major exhibition at New York’s Museum of Modern Art. The show will feature around 70 works including 44 pieces that UBS has donated or promised to the New York museum. MoMa has agreed to send the UBS show on an international tour, which is likely to include London, Paris and Berlin, according to sources close to the bank. UBS chairman Marcel Ospel is a major collector of modern and contemporary art. The bank does not disclose the value of its art collection, but the art publication ARTnews values it at around $150 million.