This is the first of a two-part guide to art investment presented by Artelier, a UK-based art consultancy that specializes in curating art for luxury residences, yachts, aircraft, hotels and corporations.
Art holds a unique place in the world of investments. Financially, art is an excellent way to diversify your portfolio—a practice that can help protect against downturns in any particular sector. Art is also one of few asset classes that consistently increases in value over time, has a tangible value and typically isn’t subject to the same market volatilities—making it a stable investment. The UBS Global Art Market 2023 report showed how the market grew strongly in 2021. Despite the far-reaching impacts of the pandemic on global markets, aggregate sales of art were estimated at $65.9 billion, representing a 31 percent increase on the previous year. Additionally, the art market itself is diverse, offering opportunities for both high-end and speculative investments.