Share: Shattered sales records have become standard fare in recent years, so something extraordinary was afoot when even industry veterans did a double take last month. Christie’s sold a Picasso in New York for $179.4 million – the highest price paid for a single work of art at auction. That heady news capped a furious […]
Share:The Wall Street Journal in its August, 2006 edition pointed out that wealth managers are getting bullish on art. More and more managers and financial institutions are taking aggressive action to attract more customers and clients offering more services to help include art in their asset base. Private banks and brokerage firms are beefing up […]
Share:Stocks-hit investors cosy up to art4 Jul, 2008, 0146 hrs IST,Shailesh Menon, ET Bureau MUMBAI: Investors may not be willing to touch equities with a barge pole, but they still appear to be open to art as an alternative asset class. Contrary to popular belief, the ongoing bearish phase in the stock market has not […]
