Art Investing....

The Art Photography Fund, an open investment fund which notes in its portfolio works by Man Ray, Henri Cartier-Bresson and Ansel Adams in addition to emerging artists was launched in Mid-March of 2008 and uses the Comparative Auction Index (an art photography index) as its nearest benchmark. The Comparative Auction Index, which has returned 14% annualized since 1976 is a clear indicator of the potential for the ART Fund to achieve its targeted annual returns of 10-15%.

The Art Fund is overseen by three directors: Johannes Faber who in addition to establishing a gallery which specializes in classic modern photography is an appraiser and curator; Alexander Spuller, a Junio Director at the Gallery Johannes Fabe; and Friedrich Kiradi a Managing Partner at the Merit Group, which is the investment manager, fund administrator for the ART Fund.

The fund portfolio is invested 75% in classic modern photography, and 25% for investing in modern art, or other investment vehicles. Additionally, investors have the ability to borrow works from the fund’s stock to display in their offices. “This unique feature has attracted quite some interest, since clients can also enjoy an emotional yield by surrounding themselves with world-class pieces of a......................

Source:
http://www.opalesque.com/AMB2008/46415Art_Investing_ART_Photography_Fund.html


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