HBS Event - Is art the next boom investment?

The Fleming Collection - entrance via Ely House, 37 Dover Street, London W1S 4NJ


Day:      Wednesday

Date:     23rd.February 2011

Time:    6.30  p.m. - 9.00 p.m. (presentation starts at 6.45 p.m.)
Venue
:  
The Fleming Collection - entrance via Ely House, 37 Dover Street, London W1S 4NJ

Tube:    Green Park  

Cost:     £25 for members; £32.50 for non-members and guests.

 

IS ART THE NEXT BOOM INVESTMENT?

A discussion with

Philip Hoffman, founder of the Fine Art Fund

at the London Gallery of the Fleming Collection,

followed by a curated visit of the exhibition Reflecting Glenfiddich: A selection of works from the Glenfiddich Artists in Residence collection


Since the end of World War II the value of art works has appreciated enormously. Due to increasing rarity caused by an expanding demand from museums and collectors, and dwindling supplies, quality works of art have proved to be a remarkable store of value. The attraction of art as an investment is that fine art provides an opportunity for portfolio diversification into an area that has historically provided high returns and shown a low correlation to other asset classes. Some investors, mostly high-net-worth or institutional ones, can invest in funds that buy and sell art. The Fine Art Fund Group, a London-based investment house, has $100 million under management and offers funds that specialize in areas such as fine art, Chinese art and Middle Eastern art. The firm may buy and hold work for one day or 10 years.

The Group was founded in 2001 by Philip Hoffman and was the first vehicle of its type to invest in art as a worldwide asset class. It now employs a team of 30 professionals and has representatives in London, Geneva, Lugano and Miami. 

Philip Hoffman - Founder and Chief Executive of The Fine Art Fund Group - is a regular speaker at the Credit Suisse Family Office Forum, the ING Art Conference and Euromoney Conferences, and frequently comments regarding the art market on Bloomberg TV, BBC radio, CNBC, CNN and Sky News. Previously, he spent over a decade working for Christie’s, which he joined from KPMG and at 33, he became the youngest member of the Christie’s International Management Board.  

The Fleming Collection


The Fleming Collection - www.flemingcollection.com: - are delighted to be part sponsors of this evening event, which will be hosted at their new gallery within Ely House, a Georgian town house designed by Sir Robert Taylor for the Bishop of Ely in 1772.

Following the talk by Philip Hoffman, guests will have the opportunity to enjoy drinks and an exhibition - Reflecting Glenfiddich: A selection of works from the Glenfiddich Artists in Residence Collection.  

Guests will arrive to Ely House, 37 Dover Street, London W1S 4NJ and depart from The Fleming Collection, 13 Berkeley Street, London W1J 8DU. The buildings are interlinking.

 Canapés and drinks will be served. Guests are welcome.

Please book on line at www.hbsa.org.uk . 

Alternatively contact Janet Talbut on admin@hbsa.org.uk / Tel: 01799 540089