Information Session: Master Class Art Finance 2015

Two world-class institutions, the Van Gogh Museum and the TIAS Business
School join forces to provide a unique international master class program for Art Finance in China.

The art investment business is a growing and rapidly developing sector of the economy. The growth in the art fund industry, using art as collateral, the development of indexes and many online data sources, all provide a number of new services and products to the financial services industry. This two-day certified master class will give you the opportunity to learn about this creative new industry and how these changes will improve the way that you do business with your clients. Understanding the art investment market is an essential part of today’s service offering in wealth management and private banking.

Overview

The Master Class Art Finance offers financial professionals in Private and Wealth Management, and those working in the Arts industries, a unique overview of the products and financial services currently available in the art market. Understanding the valuation of fine art is important for insurance, portfolio management, and art-backed lending, as well as inheritance
estate planning purposes.

- What risks should be considered?

- How are the returns from investing and collecting measured from both a financial and an emotional point of view.

- How does fine art compare to other alternative assets, such as photography, prints, violins, wine and precious metals?

- What is today’s role and influence of world-class museums in the world of art finance?

Structure

This two-day master class is an interactive master class with theory, case studies and input from practitioners on the subject. Recent developments will be discussed and how this is impacting Private Banking and Wealth Management services. Practitioner oriented, with a roundtable dinner at an exclusive location, and including a visit to one of the world’s leading Art Fairs provide a unique setting in which to learn about the development in Art Business.

What will you learn?

Following this interactive two-day master class will give you the skills and expertise to give advice and consult on the art market industry, from a financial perspective. You will learn about art market industry, gain knowledge on the history, development, and range of alternative
types of exotic and emotional assets. Online data is now widely available to assess the value of art and artists over time. Which databases are available? How reliable is the data and the indexes constructed to follow changes in art prices? The development of financial products, funds specialising in fine art, the use of art as collateral and art derivatives are all
developments which are changing the shape and structure of the art market.

You will gain a thorough understanding of the tools and techniques currently available to estimate and interpret the risks and returns of art finance related products. Whether interested in investing in art for financial gain, or understanding the market and products on offer to meet clients’ needs, this course will provide you with the essential information and knowledge to help understand the mirage of products currently on offer. Through the use of lectures, cases and discussions, participants will be actively encouraged to engage in this new and exciting area of the economy.

Program Style

- The program is open to an exclusive group of 15-20 participants.

- The course will be held over 2 consecutive days.

- Included in the course is a roundtable evening dinner with a guest speaker from the Art Market Industry.

- A guided visit to an International Art Fair will take place during the afternoon of the second day of the course.

Why should you attend?

- Enhance your personal reputation through enhanced knowledge in a highly reputable, cultural area of expertise.

- Improve the advice you give and your conduct with clients.

- Become an expert on behavioural and financial aspects of trading and collecting fine art.

- Relationship building: Bringing you closer to your clients by understanding their personal and financial needs.

- Gain the competitive edge by increasing your knowledge in
this specialised and niche area of art-finance. 

Who should attend?

- Professionals with an undergraduate degree

- Senior investment staff

- Wealth Managers and Portfolio Managers

- Financial services professionals

- Family Offices

- Trustees

- Advisors, consultants, and art valuation experts

- Managers in the arts and entertainment industries 

Faculty

Dr. Rachel A. J. Pownall is a Professor in Art Finance at TIAS Business School and Maastricht University. She is an expert in the area of Art Finance and has published widely on the subject of Art as a Financial Investment, Art as Collateral, and Art Price Indices. She also teaches at Sotheby’s Institute of Art Business in London, and the Luxembourg School of Finance.

Dr. Adriaan Dönszelmann is the Managing Director of the Van Gogh Museum Amsterdam. He came to the museum in 2011, bringing extensive experience in many leading organisations both in the cultural and business field. His expertise is particularly on the business side like finance, governance, (cultural) brand management, commercial endeavors and (new) business development.

Certification

Upon successful completion of the course, participants will receive a certificate granted by the VGM-TIAS-Academy.

Practical Information about the Information Sessions

Hong Kong Session

Location: Residence of the Consul-General of the Netherlands, 24 Mount Cameron Road, The Peak Hong Kong

Date: 30 October 2014

Time: 18:30-21:30

Shanghai Session

Location: YuZ Museum, No. 35 Feng Gu Road, Xuhui District Shanghai

Date: 2 November 2014

Time: 14:00-17:00

Special thanks to the venue sponsors:

The Consul-General of the Netherlands in Hong Kong and YuZ Museum Shanghai.

The information sessions are free of charge. Drinks and
snack food will be provided.

Language: The information session is taught in English and Chinese translation will be provided for the session in Shanghai. Enquires and questions can also be addressed to Chinese-speaking staffs on-site.

Registration: Please contact Dr. Y. Wang, yijing.wang@tias.edu

(Please download the attached brochures in English and Chinese for more information.)