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Julian Spalding says work by artists such as David Hockney could hang alongside old masters in bicentenary year

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These are the innovators in culture and finance who are transforming art's place in the modern portfolio.

Did you know that Monaco has been a muse for many a creative soul? Among the artists, poets, writers and dancers who flocked to the Principality over the years was Francis Bacon, who was the subject of a recent fascinating lecture at the Princess Grace Irish Library on the Rock.

Helen Toomer is a veteran in the creative and cultural industries, spanning 15 years in organising events, exhibitions and residencies.

Bottles from Château Pétrus and La Tâche form just a fraction of the collection of Taiwanese billionaire Pierre Chen, expected to achieve $50m

‘My daughter’s moving to Saffron Walden, away from all this,’ said the railway man at Stratford station, gesturing at the tower blocks overlooking the platform. ‘It’s like going back to the 1970s and ’80s.’ For the neo-romantics the pastoral mode was an escape from the grimness of everyday wartime reality Further back, in the case

Toomer was recently named director of the newly launched Photofairs, which will debut at New York's Javits Center, September 7–10.

The Fractional Art Market Keeps on Expanding