London Business School Regents Park London, NW1 4SA

KEYNOTE SPEAKER: Dr. Clare McAndrew - Author, "The Art Economy: An Investor's Guide to the Art Market"

CMcA1web.jpgDr. Clare Mc Andrew is an economist, investment analyst and published author. Clare completed her PhD in economics at Trinity College Dublin in 2001, where she also lectured and taught economics for four years. Clare then spent three years as the chief economist at Kusin & Company, a boutique investment banking firm in Dallas, Texas. During her time at Kusin, Clare researched and published the book entitled The Modern and Contemporary Art Market: A Study of the Global Resale Market. She has published several papers in academic journals on arts and economics, and previously wrote for the Financial Times and other US publications.

Since her return to Ireland in February 2005, Clare worked as the editor of The Investor magazine. She left the magazine in May 2006, when she was commissioned to write a book entitled The Art Economy: An Investor’s Guide to the Art Market, which was published in 2007. During this time Clare also pursued a portfolio career in the media including hosting Invest on City Channel, editing Who’s Who in Irish Business and Wealth magazine and writing and presenting on several other Irish and international media on economic and investment issues..

Clare founded her own company, Arts Economics, in 2005, which specializes in research and consulting services in the arts, media, and finance..

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AFTERNOON SPEAKER: Neville Tuli - Founder & Chairman, Osians-Connoisseurs of Art Pvt Ltd

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Educated as an economist & developmental theorist at LSE & St. Catherine’s College [University of Oxford], Tuli returned to India in 1995 after 25 years in the West, devoting his endeavors towards his vision to build a new holistic infrastructure for the Indian arts, culture & its education, which was also financially self-sufficient and built by a unique creative process. The steps taken towards this goal have been path breaking and varied but collectively focusing upon the need to cohere the intellectual, aesthetic and economic dimensions of development.   

Established in 2000 as a pioneering arts institution in India, Osian’s is at the heart of Neville Tuli’s vision of creating a new infrastructure and model for the Indian arts and culture, whereby a merit-conscious and financially self-sufficient infrastructure is put in place, independent of traditional patronage systems but grounded in its own ability to be a part of India’s developmental framework. With its Auction House, The Osian’s Art Fund & Wealth Management Services for Art Division (WMAS), the Centre for Archiving, Research & Documentation (CARD) and the Film House, Osian’s has established itself at the highest international standards as a unique cultural institution.

The Osian’s Auction House and WMAS are generating the finance to support and subsidize the Archive and Film House which is intensively occupied with documenting, preserving and disseminating the Indian and Asian artistic and cinematic heritage while creating knowledge bases for the study of these subjects.

The Osian’s Archive spanning five major areas is collectively the world’s most comprehensive textual and visual Archive focusing on C18-20th Engravings, Lithography & Maps on India, C19th British-India photography, Modern and Contemporary Indian Art, the popular arts [including Advertising, Toys, Puppets, Playing Cards, Political Propaganda, Crafts] and the publicity material and memorabilia of World Cinema.

Recently the Collection has taken major strides into building a significant presence in the art of the Indian miniature and the Nepali & Tibetan Thangka. Further, eclectic tangents are being taken into areas such as Japanese Samurai Armour and Dolls (Ningyo) of the C18-19th century, African Tribal masks, Polish Film Posters, among many other foci of the Osian’s Archive & Library Collection.

With Osian’s acquisition of Cinefan, the Asian Film Festival and Cinemaya, the Asian Film Journal, along with the merger of Aruna Vasudev’s team of experts into Osian’s under the umbrella of the Film House, the cinematic infrastructural base has widened significantly, complementing our vast archives. The next three years will see an intensive growth in this area of work as Osian’s moves into building The Osianama (previously called ‘Minerva’ cinema), a unique integrated Arts & Cinema Resource & entertainment Centre-cum-Museum. The institutional steps required for Osian’s to enter the arena of film financing and production are also moving forward rapidly.

Posted on Thursday, May 1, 2008 at 01:29PM by Registered CommenterArt Investment Conference at in | Comments Off

CLOSING REMARKS: Dr. Elroy Dimson - London Business School

Elroy%20Dimson.jpgElroy Dimson is the BGI Professor of Investment Management and a Faculty Governor of London Business School. Dr Dimson has held visiting positions at the Bank of England and at the Universities of Chicago and California (Berkeley). His research covers risk analysis, performance measurement, asset allocation, portfolio strategy and financial market history. With Paul Marsh and Mike Staunton, he wrote ‘Triumph of the Optimists’ (Princeton University Press, 2002), which presents and analyses over 100 years of stock market performance in each of 16 countries. In the US their research won the Roger Murray prize from the Institute for Quantitative Research in Finance. With Dr Shanta Acharya he authored 'Endowment Asset Management' (Oxford University Press, 2007), a study of the investment strategies followed by the universities of Oxford and Cambridge and by their constituent colleges. Dr Dimson has served on the boards of several investment organizations, pension funds and charitable endowments.

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MORNING SPEAKER: Anders Petterson, ArtTactic

Anders_Petterson.jpgAnders Petterson is a leading expert on art market research, with particular focus on the Western contemporary art markets, as well as Emerging Contemporary art markets in India, China, Russia and Middle-East. He is the Founder and Managing Director of ArtTactic.com, a web-based London-based art market research company set up in 2001. Prior to starting up ArtTactic, he worked in the capital markets division of JP Morgan in London. Anders Petterson is currently lecturing on art markets and art as an asset class at Sotheby's Institute in London and Singapore. He is a frequent commentator on the art market for Bloomberg TV, CNN and Wall Street Journal.

Posted on Thursday, May 1, 2008 at 01:27PM by Registered CommenterArt Investment Conference at in | Comments Off

MORNING SPEAKER: Randall Willette - Managing Director, Fine Art Wealth Management Ltd

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Randall Willette is the founder and Managing Director of Fine Art Wealth Management, the first investment consultancy dedicated exclusively to integrating art into portfolio strategy for wealth managers and their private clients.   Prior to establishing the Company in 2003, Randall was Executive Director and Head of Art Banking for UBS Wealth Management in London responsible for building its global art banking franchise in Europe and America.  Before joining UBS, Randall was a Managing Director in corporate finance with Citigroup in Europe. His credentials include over 18 years combined experience in investment banking, corporate finance, and private wealth management.

Recent article by Randall WilletteWill Distressed Art be the Next Opportunity for Investment Funds?

 

 

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THE SCIENCE PANEL Moderator: Jessica Knopp-Gwynne – Head of Strategy, Fine Art Wealth Management Ltd

 
FAWM%20header.jpgJessica Knopp-Gwynne is head of strategy and art fund intelligence for Fine Art Wealth Management responsible for developing art fund identification, assessment and selection services. After a period in wealth management with Moseley Capital Management in the U.S., she spent 14 years at Proctor & Gamble as a successful business leader for a range of consumer goods businesses spanning Western Europe, Eastern Europe and the United States.  Most recently, she founded a consulting practice focused on marketing and branding strategy for clients in a variety of industries and geographies.  Her credentials include a post-graduate degree in Fine and Decorative Art from Christie's Education in London as well as an MBA from the University of Virginia's Darden School.

Posted on Thursday, May 1, 2008 at 01:11PM by Registered CommenterArt Investment Conference at in | Comments Off

THE SCIENCE PANEL: Lord Gowrie, Chairman of the Board for The Fine Art Fund

PANELIST_lord_gowrie.jpg Lord Gowrie was educated at Eton and Balliol College, Oxford. After an academic career at Harvard and University College London, he held office in Edward Heath’s and Margaret Thatcher’s administrations. He was Minister for the Arts 1983-85. He left the Cabinet in 1985 to become Chairman of Sotheby’s in Europe 1985-1994. He was Chairman of the Arts Council of England 1994-98. He lives in London and Wales and is married to Adelheid von der Schulenburg.

Posted on Thursday, May 1, 2008 at 01:01PM by Registered CommenterArt Investment Conference at in | Comments Off

THE SCIENCE PANEL: Serge Tiroche - Founder of ArtPlus, Art Investment and Tradiing Company

Serge%20Tiroche.png Serge Tiroche was with Citigroup's Private Bank for the past 10 years, first as a Relationship Manager, then as Sales Manager and finally as Managing Director and Global Market Manager for Israel and Turkey. Serge is a Board Member of MutualArt Holdings, founder of the Artist Pension Trust and MutualArt.com. He also serves on the Board of Governors of the Tel-Aviv Museum of Art and the Board of Directors of the Batsheva Dance Company. In addition, Serge was intimately involved with the family's Art trading business and the establishment of “Tiroche Auction House”. Serge obtained a BA in International Business Administration and Modern Arts from The American University of Paris in 1992, and an MBA from INSEAD in 1997.

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THE SCIENCE PANEL: Jeremy Eckstein, Head Investment Strategist for Meridian Art Partners

Jeremy%20Eckstein1.jpgJeremy Eckstein became involved in the art market in 1979, when he joined Sotheby’s to support to the Trustees of the British Railways Pension Fund following their decision to invest part of their portfolio into art. As head of research he developed Sotheby’s Index of art prices, contributed regular columns to Barron’s (and later to Forbes) and created and wrote Sotheby’s own Art Market Bulletin.

He left Sotheby’s in 1990 to set up his own consultancy, working closely with individual dealers and independent advisors, developing solutions for investment clients. He undertakes the regular members’ surveys on behalf of the Society of London Art Dealers, and in 2005 he was commissioned by TEFAF to undertake research into the economic impact of art fairs (pub. 2006). In 2004/05 he was a member of the team of independent experts assembled by the Dutch bank, ABN Amro, to evaluate potential constituents for a fund of art funds initiative.

Mr. Eckstein now works with Meridian Art Partners, where he is responsible for formulating investment strategy, portfolio management and for spearheading all necessary research efforts. He also lectures on art and business for Sotheby’s Institute on their MA in Art Business course in London and Singapore, as well as for the IESA in Paris. He lives and works in London.

Posted on Thursday, May 1, 2008 at 12:58PM by Registered CommenterArt Investment Conference at | Comments Off

THE SCIENCE PANEL: Dr. Manuel Gerber - Managing Director, Prime Art Management Ltd

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Manuel Gerber, PhD MSc MA

Dr Gerber is the Managing Director of Prime Art Management Ltd., an econometrics-driven asset management and art market analytics company specialising in the primary market for emerging art and operating PRIME ART FUNDS. An experienced collector of European and American contemporary art, he pioneered quantitative research on primary art market economics at London Business School. Prior to co-founding PRIME, he was a Senior Lecturer at the University of Berne and an independent consultant for private sector and government clients in Europe, the US, the Middle East and Asia with special focus on advanced remote sensing solutions and general R&D. He holds a PhD (summa cum laude) in Near Eastern Archaeology and Ancient Near Eastern Languages from the University of Berne and an MSc (Sloan Fellowship) in Management and Business Administration from London Business School.

 

For more information about Prime Art Management Ltd, please visit:

http://www.primeartfunds.com/ 

Posted on Thursday, May 1, 2008 at 12:57PM by Registered CommenterArt Investment Conference at in | Comments Off
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