On the MICEX, was released one of the world's largest investment funds in the arts
Value of the assets the mutual fund "collection. Photoelectric effect "is 467 million dollars
last week at the MICEX were withdrawn shares closed fund artistic values, "Assembly. Photoelectric effect "(managed by MC" Agana "). The total assets of 467 million dollars, which makes the "Meeting" one of the largest art funds in the world. As the name implies, a fund specializing in photography. His collection includes over 295,000 original images.
Unlike other art funds, which raise funds and wealthy individuals to buy their work, "Assembly" received all of works from a group of Russian collectors whose names were not disclosed. The Fund will be 15 years during this period, images will display in museums around the world. Each year, 5-10 percent of the works will be auctioned. According to deputy general director UK "Agana" Ekaterina Alexandrova, return on investment is expected to be between 12 to 14 percent per annum. Asset Value - 498 809.83 rubles.
«Agana" hopes that the fund will attract major private and institutional investors. With good results, "Assembly" may come to the site of London and Luxembourg.
stock is very diverse collection of names, genres and periods. It includes rare Daguerreotypes of the XIX century works by Joseph-Philibert Girault de Pranzhe (Joseph-Philibert Girault de Prangey), images of "the first paparazzi", Sophia Loren personal photographer Tazio Sekkyaroli (Tazio Secchiaroli), the work of Henri Cartier-Bresson (Henri Cartier-Bresson ), Alexander Rodchenko and many other masters. In addition, assets include portraits of kings and images of the Great Patriotic War.
Works of art are increasingly being offered as an investment asset. Recall that in early 2011 "Art Exchange" was opened in Paris. Recently, London's The Fine Art Fund Group signed an agreement with the largest bank in the UAE, Emirates NBD, the agreement to provide its private clients with consulting services in the area of investment in art.
In Russia, there is another art-DFA - Atlanta-art ", which was released on the MICEX in early April. Its assets are estimated at 4.7 million dollars.
material was prepared by Julia Maksimova, AI
Sources : , artinvestment.ru
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