The art market has been red hot for quite a while. It has been mostly fed by super-rich investment bankers who decided to spend their fortunes on contemporary art. With the financial world in turmoil because of the subprime crisis it is only a matter of time when the art market will also experience a downturn. The question is when? One indicator for a possible pop of the art market bubble is that financial conference advisers start to come up with a conference in London with the title “Investing in Art: A new alternative asset class” (by Euromoney). At that conference you can learn how volatile this asset class is. My bet: soon very volatile (as quantitative hedge-funds in August and November last year)!
Should you nevertheless be interested in the conference, learn more here: www.euromoneytraining.com/uk
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