Art collecting – a new investment avenue

DESTINY MAN | Yamkela Mdaka:

The Art & Finance Report 2014, compiled by Deloitte Luxembourg and art analysis platform ArtTactic, surveyed 35 private banks, 14 family offices, 90 art collectors and 122 art professionals, and found that over the years art has grown as a capital asset. “We see significant opportunities for innovation and change, from the growth of art as a capital asset, to new sources of market liquidity, to growing demand for art banking,” said Roger Dassen, global managing director at Deloitte Touche Tohmatsu Limited. “The world of art and finance will continue to converge for many years to come.”… Read more

Image: Artwork by Khehla Chepape Makgato