The Morgan Stanley Art Resources Team Explains the Quirks of Art Auction Results
While the digitization of catalogs has streamlined auctions, the digitization of results data has led to some confusion.
Sarah McDaniel
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The Authorities Transforming Art as an Asset Class
By some estimates, the world’s private art collections are worth between $2 and $3 trillion, but the role of art in investment portfolios has tended to be ambiguous. As more collectors focus on financial gains, prominent innovators in and outside of finance are creating clarity and transforming art's place in the modern portfolio.
Q&A With Morgan Stanley’s Head of Art Resources Team: Art as an Asset Class
"It’s much easier to buy art than to sell it," Morgan Stanley's Sarah McDaniel tells Observer. "When you buy a work of art, the important thing is not the purchase, but to consider whether there’s a secondary market that can provide liquidity to get in and out."
