Writer Melanie Gerlis summarizes her book Art as an Investment? in the Financial Times this week, which reports on the current interest in the art market by major banking and investment firms, and questions the assurances of its value and use in the market. While often compared favorably to other assets, analysis shows that it is not quite as ideal of a market as some would attest. She writes: “Equating a popular asset with a profitable asset is misleading. From an investment point of view, art seems to be a very fragile prospect.”
Read more at Financial Times
