Finance

Artmarket.com Analyzes the Launch of the Art Investment Fund FrenchArtFund Regulated by AMF

Published February 5, 2024

Artprice by Artmarket has acknowledged the launch of the FrenchArtFund, the first art investment fund regulated by France's Financial Markets Authority (AMF), as detailed in the exclusive coverage by Martine Robert and Anne-Sophie Vion in Les Échos. This development has generated significant interest and aligns with Artprice's long-held perspective on the convergence of art and financial markets.

The Genesis of FrenchArtFund

The founder of Inocap Gestion, Olivier Bourdelas, was interviewed to discuss the origins, process, and goals of the newly minted fund. With a 20-year history as a collector and already a patron to French cultural institutions, Bourdelas's endeavor creates a bridge between his professional expertise and personal passion for art.

Art as an Investment Option

According to Bourdelas, investing in art offers cultural, educational, and financial enrichment. Artmarket.com also supports the idea of art as an investment, showing its potential for high returns and low correlation to other markets. However, they emphasize the unique considerations of investing in art, such as the time taken to sell.

FrenchArtFund's Strategy

The fund will primarily focus on purchasing works from artists featured in the Artprice Top 500, opting for post-war and contemporary pieces valued between €150K and €500K. To minimize risks, the fund will concentrate on recognized artists represented by major galleries with a strong secondary market presence. The investment will also extend to emerging artists with significant potential.

The Art Market as a Safe Haven

Bourdelas sees art as a stable investment during economic turbulence, a sentiment supported by Artprice's reports that document the art market's resilience amid crises.

Art Market Growth and Potential

The number of affluent individuals investing in art is soaring, and contemporary art offers uniqueness and diversification for their portfolios. The art industry has also seen a museum boom, with approximately 750 new institutions opening annually.

The Role of Artprice100© and Investment Strategy

FrenchArtFund will integrate Artprice's Artprice100© index into its analytics to guide investment choices. The fund will invest 60% in art pieces, 30% in selected international companies operating in the art market, and maintain 10% in liquid assets for optimized fund liquidity.

Reflections by Artmarket.com Founder

The founder of Artprice and president of Artmarket.com, thierry Ehrmann, congratulated Bourdelas on the new fund, which concretizes their views on the art market's financialization and the growing interest from financial institutions. Ehrmann believes this move confirms France's rising influence in the global art market.

Conclusion

The launch of the FrenchArtFund marks a significant moment for both the art and finance sectors, promising innovative investment opportunities while enhancing France's position in the art investment landscape.

Artmarket, Investment, AMF