Join our Investment in Art forum January 2018
We are holding an art investment forum at The Savoy, London, on the 15th January 2018 to explore the different forms of investing in art that helps to shape our cities.
Future Cities Forum will be looking at corporate investing in art as well as the drive for cities to build their brands through art collections. Deutsche Bank's famous collection includes artists from Anish Kapoor through to the Brazilian Modernist, Roberto Burle Marx (1909 - 1994) and is used to extend staff's interest in culture as well as contribute to health and wellbeing among employees.
Corporate investors, museum directors, councils, developers and architects will be taking part in the discussions. This is the third of our art-focussed forums which have included the Director of the V&A Museum, Tristram Hunt along with speakers from Phillips Art Auctioneers, Tate Modern, Stanhope PLC, Oxford City Council, Turner Contemporary and Zaha Hadid Architects. Find out the latest art investment trends and where future cities are looking to next to build their brands.
Back in July we showcased the latest Knight Frank Wealth Report which stated that sales in Constable for instance were up in preference to paintings by Matisse. Knight Frank takes an annual look at investments and builds a detailed picture of global investment trends.
Deloitte's Adriano Pucinati di Torcello, a current expert in international art investment reported some years ago that there had been 'growing recognition of art as an investment asset class by investors. People become more sophistocated in their financial and estate planning and they begin to view art as an investment...we live in an era strongly characterised by the globalisation of cultural activities, which creates an interest in art to unprecedented levels. All societies seek to reinforce their national and/or individual identities through the acquisition of artwork of their own place and time and new museums will continute to be built', Deloitte is at the centre of art investment offering services in tax and accounting for clients worldwide.
Today Adriano's predictions seem to have come true with banks such as BNY Mellon continuing to build a celebrated art collection through to - on a smaller and local level - Swindon Borough Council which has planned the creation of a 'destination museum' in the town displaying a group of important 20th century paintings by Graham Sutherland and modern artists.