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As auctioneers and artists rush into NFTs, many collectors stay away

As auctioneers and artists rush into NFTs, many collectors stay away
The artist Michah Dowbak, who goes by the name Mad Dog Jones. Speculative buyers are flocking to crypto art while blue-chip collectors are holding back, fearing legal gray areas and copyright issues. Via Phillips via The New York Times.
by Zachary Small
(NYT NEWS SERVICE)
.- A handful of auctions this month testing the appetite for a type of investment known as NFTs seemed likely to prolong the nascent fad for ownership of works that exist only in the digital world. Missing from those transactions, however, were the blue-chip collectors who typically drive the art markets sales. ....

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C for craze, C for concern: Worry over quality, ownership & authenticity is driving art collectors away from NFTs

›C for craze, C for concern: Worry over quality, ownership & authenticity is driving art collectors away from NFTs
C for craze, C for concern: Worry over quality, ownership & authenticity is driving art collectors away from NFTs
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C for craze, C for concern: Worry over quality, ownership & authenticity is driving art collectors away from NFTsBy Zachary Small, New York Times
Last Updated: Apr 29, 2021, 06:22 PM IST
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Synopsis
Industry experts have observed a growing wedge between a new generation of digital speculators and an older school of art collectors.
Reuters
More than a dozen collectors interviewed said that NFTs raise copyright and other issues that sellers and buyers have not fully thought through. ....

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As Auctioneers and Artists Rush Into NFTs, Many Collectors Stay Away

As Auctioneers and Artists Rush Into NFTs, Many Collectors Stay Away
nytimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nytimes.com Daily Mail and Mail on Sunday newspapers.

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Liontrust assets almost double year-on-year to above GBP30 million

Liontrust assets almost double year-on-year to above GBP30 million | Financial News ....

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Liontrust takes first steps into closed-ended territory with sustainable trust launch

Liontrust takes first steps into closed-ended territory with sustainable trust launch
‘The investment trust sector has been relatively behind the curve in servicing the growing demand for ESG strategies’
Fund buyers have welcomed Liontrust’s first steps into the closed-ended space with the launch of a sustainable investment trust, but think the sector needs to catch up with servicing the growing demand for ESG strategies.
It comes after a bumper year in which Liontrust’s assets increased by 92% to hit £30.9bn at the end of March.
Sustainable investments account for more than £10bn of Liontrust’s assets under management and “continues to generate strong sales”, according to chief executive John Ions (pictured). ....

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