How Art Became an Asset Class with Gilles Dyan of Gallery Group - #FII6 - Day 2
2FUTURE FLASH: THE ART AND FINANCE CONUNDRUM: SHEDDING LIGHT ON HOW ART HAS BECOME A BONA FINE ASSET CLASS I Future Investment Initiative 6th Edition
Art has long been perceived as the ultimate acquisition; it is perched atop Maslow’s hierarchy of needs. Now a 70-billion dollar industry, art has been democratized, slowly becoming an asset class of its own. While the industry has historically been difficult to navigate and understand for outsiders, technology and online platforms now allow greater transparency and other market analytics. Easier access to information has prompted strong interest in the market, and in turn generated a strong demand for ways to use art as a structured and regulated investment vehicle. Gilles Dyan, Chairman and Founder of Opera Gallery Group, explains how art is acquired and which financial products using art as their underlying asset are bought by individuals and institutions to diversify portfolios.
SPEAKER
● Gilles Dyan, Founder & Chairman, Opera Gallery Group