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'The Local Is the New Global': How Hauser and Wirth's New Menorca Outpost Offers Clues to the Future of the Art Market

'The Local Is the New Global': How Hauser and Wirth's New Menorca Outpost Offers Clues to the Future of the Art Market
artnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from artnet.com Daily Mail and Mail on Sunday newspapers.

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Collector and Entrepreneur Javier Lumbreras on the Ethics of Collecting Art and the Problem With Museum Boards


Collector and Entrepreneur Javier Lumbreras on the Ethics of Collecting Art and the Problem With Museum Boards
The founder of Artemundi discusses the important lines he draws between the works he personally collects and those he invests in.
Javier Lumbreras, collector and founder of Artemundi.
Spanish collector and entrepreneur Javier Lumbreras has strong feelings about the ethics of the art market. His company, Artemundi, which he founded in 1989, is an international fund manager that uses art as an alternative asset, focusing on established artists of past generations. (What Lumbreras does not want is to tamper with the careers of young artists.) ....

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Artemundi LLC: Artemundi Launches the Guernica V. Fund to Help Investors Diversify Portfolios and Navigate the Art Market Amid COVID-Related Financial Uncertainty


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WILMINGTON, DE / ACCESSWIRE / March 3, 2021 / Artemundi, a leading art fund manager with its affiliates having previously managed over US$1 billion in works of fine art and a firm commitment to increasing transparency in the market, has announced the launch of the Guernica V. Fund. This fund has been specifically designed to protect and grow wealth during the current health and economic crisis. The fund will allocate investment capital initially targeted at US$200 million towards the acquisition of a diversified portfolio of secondary-market museum-quality artworks with attractive short-term risk-return profiles.
The fund will invest in highly desirable works from the late 19th Century Impressionism, Post-Impressionism, and Modernism periods, as well as the Post-War and early Contemporary movements. ....

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