art collection cultural relics investment popular interest in contemporary art fund
The real art collection cultural relics investment market appeared after 2005, and also in the contemporary art collection cultural relics fired up later. The first stage is the sale of paintings, so the gallery there; then the auction house breaking million, breaking the billion-price auction collection; then have private museums; now art collection cultural relics Fund was born. "But overall, this market is small and very immature." Wang Dongwei cautious.
As a German-American Arts and one of Kerry's investment partner, Jianping Mei to many years of study abroad experience in finance told the reporter that China's art collection cultural relics market and abroad are very different.
"The average art collection cultural relics fund closed in a foreign country of 8 to 10 years, but not in China, Minsheng Bank to fund only the 2-year closure period, our fund has just made a 3-year closure period The reason is that relatively large changes in monetary policy, China's investors are generally not the patience to wait for 8 years. "
Dong Yi said, art collection cultural relics investment to wait longer, the greater the benefits, "such as the works of Liu Xiaodong, our statistics, the growth in the past decade is 96.32 times the past 5 years increased by only 5 times, this is a big gap. "
For Wang Kai and Dong Yi, the other from the collections of the custody of a risk. Dong Yi said that China's lack of compliance with international standards of the art collection cultural relics custody, insurance center, this is a problem.
"The main problem is not art collection cultural relics price evaluation system, the insurance company is difficult to guarantee. For them too risky." Dong Yi said.
"Art collection cultural relics funds for the Chinese art collection cultural relics market norms, can not play a big role, because that is too small share, but whether it is on auction billion of high-profile auctions, or collectors of transactions between the warm, or the art collection cultural relics fund low-key attempts, are China's art collection cultural relics fully to the market of the performance. "Jianping Mei concluded.
"Today, the collection as an investment have been gradually reducing the threshold, perhaps soon, it is no longer just the rich game." Wangdong Wei said.
Minsheng Bank, whether or art collection cultural relics funds are very concerned about the category of art the same, which is now a bit less popular contemporary art.
In 2009, the "red coral 1" to beat the price of 4.7 million yuan into the famous painter Wang Yidong's painting "beautiful countryside." In autumn, take on, he bought 1.23 million yuan Liu Yi's "Chinese maid."
They recently released Art Directors Art Fund, the choice is the mainstream of Chinese contemporary artists, including 18 homes and seven oil paintings and ink, which in addition to Wu, Chen has died, the other is alive.
Dong Yi said that the selection of contemporary art for two reasons, first, China's current art collection cultural relics the overall market is chaotic, especially in the art collection cultural relics identification of areas, there is no uniform standard, Therefore, if the purchase of antiquities, to buy counterfeit risk is very great.
"In addition, the contemporary art collection cultural relics are at the stage of value has been seriously underestimated. Art collection cultural relics and stock markets have 'feng shui rotation' features, the contemporary art collection cultural relics recovery has begun, over two or three years should be better. "
Wang Kai channels they buy a more pluralistic collections, and some from auctions, some from galleries and collectors, Dong Yi and her team basically do not buy art auction.
"We usually buy from the gallery or the artist hand painting, we and the difference between an ordinary Tibetan family that we have an obligation to buy the works of appreciation." Dong Yi said.
Four months ago, German-American Art Peggy theme of World Expo in Shanghai organized a contemporary art museum exhibitions, "We chose artists participating in the exhibition, some of which are bought in advance that a good picture to show what the painting; some did not say good , but the painter agreed to sell us a picture of his. This exhibition is to provide a value-added services to artists. "
In addition, they also work well for the purchase of the artist himself, planning a series of exhibitions, seminars, and even invited foreign art critics to write reviews, paintings and artists I dig the depth value.
"This is part of our work." Dong Yi said, but they are after all fund companies, not brokers, so the general choice of the industry quite well-known painter.
And Wang Dongwei is that, even so, for contemporary art, the fund is also a powerful boost into force.
"Now China's art collection cultural relics market has broken down, the second of the contemporary artists are also very potential, even if a painting sold only 20 million, short term price increase to 30 million is not difficult , the operation of several auctions, or professional exhibition can be achieved. But a famous painting rose to 500 million from 400 million is not so easy, its price is relatively fixed. "
Wang Dongwei recalls of Chinese contemporary art in 2008, said the turbulence occurred, when the contemporary art collection cultural relics investment huge bubble, European and American investors to make a small fortune, and now the Chinese entrepreneurs to access disk, but to foreigners hot money drawn from India, Japan. Chinese contemporary art investment support will be no collapse, and perhaps some sort of relief fund to give contemporary art.
Concepts, preservation, liquidity
Wangdong Wei said that he himself employed in a large enterprise, do art funds, "Recently, many enterprises optimistic about this area." He said, there was a large state-owned enterprises and even the head of advice to him to do art collection cultural relics funds to do, "I suggested that he asked not to trip the water."
Industry complex, realized the difficulties, non-professionals can be shared, but do not do it --- it was his own proposal.
Wang Dongwei said, art collection cultural relics investment there are two areas of the standard, one long term product, price transparency, such as Chang's work, income is very stable, but not much room for added value; First, do short-term, to find a market potential of collections, the spring selling to buy the fall, the best form or long-term investment based, short-term to do some cross.
