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The Art as an Investment conference at the MUDAM is organised with an experienced partner: Deloitte Luxembourg were the first to get the ball rolling when they organised their Art & Finance event in Luxembourg two years ago. Held last year in London, their third conference will take place in Paris on October 21st. Adriano Picinati di Torcello, Senior Partner at Deloitte Luxembourg, gives us some reasons why passion investments have a serious role to play as a new financial niche.
Why invest in art?
Art is a consumer durable that yields an aesthetic return and a capital asset that tends to appreciate in value over time. Even if it is not easy to assess returns over a given period, historical performance monitored by ‘valuable indices’ (such as the Mei Moses...
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