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Dabbling in the art market is not for the faint-hearted, especially if the primary motive is profit. There are, however, some basic principles that can be applied to help minimise the guesswork.
For 30 years, it’s all been about accumulation. But the Retirement Income Covenant has changed the game, and super funds are now having to give their members retirement solutions. Some are doing it better than others.
With almost $600 million worth of SMSF assets held in art – up 54 per cent since 2016 – the original alternative investment is seeing a significant resurgence in popularity.