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November 11th, 2012

stock marketBerenberg Bank has opened a €50 million art fund with a minimum €100,000 investment. The fund plans to offer an alternative investment vehicle in a time of global economic insecurity. The fund, which will rely on museums and collectors to advise on acquisitions, offers a tangible asset. “…Independently of classic investments like shares, bonds or even real estate, an art investment can complete every well-structured portfolio,” said Berenberg Art Advice’s manager.Read the article via Bloomberg