You can rent out your art and generate income returns of up to 9% per year rather than just relying on the potential increase in value.
The global art market is currently estimated to be worth USD$100bn, which is larger than music, film or games.
Growing demand for high quality luxury goods combined with improved accessibility, means the market is constantly developing.*
More wealthy individuals are increasing their spending on art, particularly for contemporary works that are seen as strong investments.
New clients at Christies represented 30% of all buyers last year and Sotheby’s said one third of its customers in 2014 were new.**
A set and forget asset that allows you to enjoy the finer things in life.
Diversify your portfolio with Fine Art.
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Fine art collecting and investing is not new, however a recent development in this sector has been the lucrative art rental market.
The benefits of which include:
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*Data based on the information reported by Artnet, The Economist, ArtTactic and AASD
**Bloomberg article “Christie’s, Sotheby’s Report Record Sales”