Art as an investment avenue has been considered an interesting and profitable alternative, but it is also extremely risky. These alternative investments' performance is alluring. Indices tracking the performance of high-class art have held up well in the recent economic slowdown, while...

This article examines the state of the facilities of the art market in Russia, the basic problems of investing in  art objects and recommendations for the improvement of the art market. Also in the paper investigates the characteristics of consumer behavior when purchasing art objects.

Although the market for Canadian paintings is now of substantial magnitude, with several works having recently been sold for well over a million dollars, it remains true that with very few exceptions, the works of Canadian painters are bought and sold only in Canada and seem to be held only by...

This chapter analyzes the risk and return characteristics of investments in artists from the Middle East and Northern Africa (MENA) region over the sample period 2000 to 2012. With hedonic regression modeling we create an annual index that is based on 3,544 paintings created by 663 MENA artists....

The art market has seen boom and bust during the last years and, despite the downturn, has received more attention from investors given the low interest environment following the financial crisis. However, participation has been reserved for a few investors and the hedging of exposures remains...

“Mine is a long and sad tale”, said the Mouse, turning to Alice and sighing. “It is a long tail certainly,” said Alice, looking down with wonder at the Mouse's tail; “but why do you call it sad?” And she kept on puzzling about it while the mouse was speaking … Financial risk...

Розглянуто основні характеристики фінансового лізингу як інструменту залучення інвестиційних ресурсів на підприємствах з метою визначення перспектив його...

We examine the impact of aging on wine prices and the performance of wine as a long-term investment, using a unique historical database for five long-established Bordeaux wines that we construct from auction and dealer prices. We estimate the life-cycle price patterns with a regression model...

In the present article Managed Future as alternative investment had been presented. Author made an attempt to present the genesis of this innovative section of financial transactions. Investment management professionals have been using managed futures for more than 30 years. More recently,...