Things to Know about Investing in Art Right Now

According to a study conducted by Art Market Research, recognized in the art market, in recent years the works of contemporary artists have achieved an average annual profitability of 12.4 percent.
Investment in art is a better option than investing in share market, as recession and fall in share pricess can make your investment fail. Here we talk about some of the benefits of investing in art.
• A study by Jiangping Mei and Michael Moses reveals that the Art Market  outperforms the fixed income market .
• Volatility in the prices of works of art is much lower in world crisis situations, which makes it a good option for those seeking a diversification that is not affected by common variables.
• Like the equity market, it works with long terms.
• It offers a good possibility to travelers who visit distant countries to intercede as intermediaries or cultural art managers to sell in their native countries.
• Evaluating the market is transcendental. The region that is spoken of makes the price of a work vary a lot, because of the different valuations of the technique, the movements and the time.
In case of loss there are issues that can save the situation, even so, it is unlikely if the collection proceeds a thorough and thorough study and investigation. For example, when there is a lack of dividends, it can be resolved by renting works to museums, galleries or events, without losing their property and less mortgaging it at a lower value than the acquisition price.
Contemporary art investment
Currently, there are 44 investment funds in the world. They dedicate themselves to acquire works of art and manage the resources emanating from them, even reaching 960 million dollars. This only data can demonstrate the way in which to diversify the way of investing and find in the art a niche and in its different techniques shelter obtains a greater solvency in times of crisis.
Some relegated tips that are valid:
• When purchasing art, an informed purchase must be made, above all, regarding the potential value that the piece experiences over time.
• Working with galleries guarantees a reliable source. They are the direct promoters with the owner of the work, therefore, frauds are prevented.
• The need for the work to retain a representation of an artist or condense an argument that runs through and transcends the artistic career of its author always gives more value to a work.
• The conservation of the work is transcendental. You have to look at the moment of the acquisition with great attention in every detail that compose it.
• The author must be someone who, if not recognized, must be validated by experts and art theorists who see in it a promise of the plastic arts.
Investment in art is, without a doubt, a different source of resources, operating with other times and independent of the regular factors that urge the market. Because it is also considered a source of access to history and the identity of the society that inspires them, its value does not lie in empirical elements of the daily life.
However, caution is always a premise at the time of deciding to invest and embark on the world of artistic acquisition, since intuition does not always play good passes and not enough of personal taste, to give profitability to an artistic piece. It is recommended that there be a previously completed study and an evaluation of resources, deadlines and finances to start the journey.
'Introducing investors to the concept of contemporary art appreciation and art lovers to the concept of art as a Global asset class.
Star Global is among a growing number of new investment vehicles trying to harness investor interest in assets not subject to the vagaries of the stock or bond markets. It is also a testament to the financial world's ability to commoditize, securitize, and trade just about anything.