More Investors Looking to Art Funds in Strong Market, WSJ Reports

March 9th, 2015

Andre Derain's Madame Matisse au kimono, via WSJThe Wall Street Journal notes a growing trend towards participation in art funds, where a group of investors pool money to buy art, and split the profits from the work’s sale years later.  This method of investing dates back to 1904, when Paris-based financier André Level pooled a group of investors to buy a selection of classic works by Picasso, Matisse and others, selling them several years later at a major mark-up. Read more at Wall Street Journal