Art funds hope to ride a market recovery
- November 15, 2009 17:41
Institutional investors are showing more interest in the world's oldest media: art. The entry of new art funds into the market certainly signifies this zeal for an unusual asset class. Following mulit-million dollar funds like the Fine Art Group, Emotional Assets Management and Research just launched a new fund focused on art, antiques and other collectibles (such as coins, stamps and rare books). It will begin to deploy its capital when it raises £15 million...