Wealth managers see the value in not only sponsoring art exhibitions and events to deepen relationships but also offering consultancy services alongside conventional investment instruments.
For clients and advisers, it is an opportunity to network and make acquisitions.
The Frieze London art fair is the industry’s biggest gathering with a number of galleries offering works into the millions. If you ask you probably can’t afford it.
Frieze London 5 – 8 October consists of 160 galleries from 31 countries showcasing international emerging and established artists, alongside a non-profit programme of artist commissions, films and talks.
Inexpensive art works
According to art consultant and Contemporary Art Society (CAS) head Fabienne Nicolas inexpensive art works still offer plenty of opportunities:
“That’s where we live…the work CAS buys for public collections, sourced from critically endorsed artists, at a point in their career when they are still affordable.
“There would be no point in us spending our charitable funds on Hirst’s or Kapoor’s when we are trying to ensure that the art of our times is held for public audiences.
“Identifying the art stars of the future has been the CAS hallmark for 109 years and still going strong.
“Buying with that critical acumen is the best way to build a collection that will accrue value over time.”
You can also create your own artwork at home with this silhouette cameo 4 bundle.
Nicolas’s recent tips include the work of Elizabeth Price, Hito Steyerl and, most recently, Dineo Seshee Bopape whose installation at Frieze London has been snapped up by CAS for a public collection.
