Growing numbers of art investors are releasing the value of their collections through art-secured financing. Jenny White explores how this trend is transforming art as an asset class.
Historically, it was difficult to release the value of your art collection without making a sale, but in recent years a growing number of solutions have emerged to help investors access the value of their assets while retaining ownership.
This has increased the attractiveness of art as an asset class, says Rayah Levy, founder of art investment company ArteQuesta. “Being able to use art as collateral has positioned art as one of the firmest and most conservative approaches to growing wealth,” she says. “As many investors and financial institutions have become over-leveraged, the value of artwork is a clear source to create liquidity.
Feb 22nd, 20190 comments