Today’s Wall Street Journal had an article discussing funds set up to invest in art … the lede: “Art prices are dazzling collectors these days, but the market for investment funds that buy and sell art is looking gloomier than El Greco’s ‘View of Toledo.'” … “‘Art Funds’ Starved for Investors,” by Marcus Baram, page C1, August 22, 2005 (subscription required) … according to the article, the only fund performing well is the Fine Art Fund, based in London … whose CEO is a former executive of Christie’s, Philip Hoffman …
We wrote about Art as an Investment in July