Press article: More than we bargained for and not at all what we expectedDr Iain Robertson reports on latest events in the international art marketDOWNLOAD |
Deloitte's and Maastricht University's excellent second symposium on art markets, held in London this October, brought together that eclectivc group of pundits, analysts, data crunchers, academics and technicians that are the opinion leaders and, one might even say, new market makers of this $60 billion industry.
It was comforting to learn that the newly branded "passion" investments appear to have performed well. The Art Photography Fund has shown a return of 11,3% over the past two and half years with 40 works sold and, the Fine Art Fund a whopping 30% over the five years on its main funds, which are now closed.
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