As the finance industry moves towards viewing art as an asset, more collectors are looking to monetise their art and invest it in other interests.
Lending against an art collection allows for collectors to gain collateral without selling their works. Innovative art funds are also offering investors an opportunity to buy high-end art along with a complete art service solution. Our experts discuss the trends and advise on the financial benefits of this tangible asset.
Please take note that this session took place live during the 1AN Symposium at Art New York.
Annelien Bruins has worked within the international art world for more than 18 years and currently serves as CEO and senior art advisor at Tang Art Advisory. Recognizing her acute understanding of the art market and its many nuances, Spears Wealth Man-agement named Annelien Best Art Advisor in 2014 and 2015. Annelien is a member of the Estate Planning Council of New York City and a board member of the Foundation of the American Institute of Conservation. She has lectured at Christie’s Education, Sotheby’s Institute of Art and California College of the Arts and numerous financial in-stitutions. Annelien has written two other Ebooks: ‘Art, the New Asset Class’ and ‘How to become a successful artist in 7 steps’. She has been interviewed by CNBC, Thom-son Reuters, Barrons Asia, the Wall Street Journal, the Financial Times, Art + Auction, Investment Week and Private Asset Management. Access expert videos and contact details here!
A specialist in the intersection of fine art and technology, data analysis of the global art market, and collector behavior, Madelaine founded Arthena to bridge the gap between art advisors and the next generation of great collectors. Her expertise is honed from a multitude of art institutions such as the Peggy Guggenheim Collection, the Museum of Fine Arts in Boston, and the Smithsonian. At Harvard, Madelaine specialized in Museums under the guidance of Phillippe de Montebello, the Director Emeritus of the Metropolitan Museum of Art. In addition to founding Arthena, Madelaine is committed to fostering cross-industry collaboration by using her extensive experience as a strategic advisor for several art and technology ventures. She is a committee member of the American Alliance of Museums, American Association of Appraisers, and International Council of Museums.
Terence Doran is a Principal and the Head of Global Development at Art Capital Group. He has spent over a decade working in art finance with roles ranging from capital raising, to underwriting, and finally to his current position. Prior to ACG, he worked at Morgan Stanley and JP Morgan within their Fixed income divisions with a focus on debt structuring and sales.