Art has shown long-term returns that rival bonds
By Pippa Stevens
Between 1985 and 2018 art market’s return in line with that of fixed income, according to a new report from Citi. Contemporary art returns an average 7.5%. Investment grade bonds returned 6.5%, while global high yield bonds averaged 8.1%. Art gaining traction as a way for investors to diversify portfolios. In 2018 the global art market topped $67 billion. Read Full Article…
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