Art looks to be a rand hedge

Moneyweb | Hanna Ziady:

JOHANNESBURG – Art has not escaped the fall in asset prices globally, but it has historically proven to maintain its value during tough times, the Citadel Art Price Index (CAPI) finds. “The current decline in prices should therefore be seen as a great opportunity to buy art now,” says George Herman, Citadel head of South African portfolios… Read more

Image: Auction house Bonhams believes London is the world centre for the sale of South African art.

2018-10-23T18:01:40+00:00