< br /> Stanislas Gokler, founder of the "Foundation art collection." Source: in Europe will soon be a new mutual fund that is going to buy works of art for $ 80 million. Venue - Luxembourg. His potential investors organizers promise an annual income of up to 12 percent. "Foundation Art Collection» (Art Collection Fund) for four years will focus on high quality products modernists, representatives of modern art and even the natives .... After six years of work before or sold privately or at public auction.

«The Fund is designed for those who would like to do investment in art, but do not have the time to autograph the creation of the collection. We will deal with training these people and make the world of art available to them, "- says the founder and director of the foundation, 43-year-old Stanislas Gokler (Stanislas Gokelaere) .

Investors have started to look around after the investment in traditional areas of financial markets and real estate no longer produce the proper income. However, some of the earlier funds, turned to art as an alternative investment destination , failed to give a solid profit to their shareholders. In 2009 specialists of the New York Art Market Research companies have failed to date to review the results of such funds, since some of them have not reached the planned level of capitalization.

Frenchman Stanislas Gokler, the former head of mergers and acquisitions in the brewing company InBev, is a respected collector of native art, works of the modernists and contemporary artists. Together with a team of organizers of the "Foundation Art Collection" includes former employees of Christie's Bernard Steyer (Bernard Steyaert ) and Florence de Boughton (Florence de Botton).

«We buy high quality art work cost from 100 thousand to 3.5 million euros. We will not buy trendy new products and let us to lesser known, but the tried and true names. All this in order to avoid market bubbles "- says Gokler. Works of abstract expressionists second line - such as Joan Mitchell and Arshile Gorky - specifies the founder of the fund as potential targets for investment.

works of the modernists and contemporary artists will be about 65 percent of the collection. All investors will be able to if you want to take the time and keep a product whose value corresponds to the proportion of their investments. The minimum contribution to the fund, which is scheduled to open in April 2012, will amount to half a million euros. Participants will need to pay 2 percent of the annual maintenance costs Fund, and will have to pay 20 percent of net income received by them.

According to unconfirmed reports, the fund has collected about 10 million euros - half the required amount to get started - from investors from Belgium, Switzerland, Luxembourg, Italy and the UK. Total capitalization outlined by the organizers should reach 60 million euros.

total volume of investment funds that invest in art, in the past year amounted to approximately 960 million dollars higher than that in 2010, when the amount invested in such funds of funds accounted for $ 760 million. These data, in December 2011 led by Deloitte Luxembourg and London ArtTactic. This investment direction until there is little in comparison with the securities market and hedge funds. < /p>

Institutional investors are not yet fully trust the investment in the arts: they are confused by the lack of liquidity and transparency of the art market, as well as its exposure to sharp fluctuations and high transaction costs. Some private investors are more optimistic about the this type of investment, especially in view of the sharp rise in prices for the work of several authors since the recession of 2009. For example, sales in the sector of modern art in 2011 totaled $ 1.7 billion, up 35 percent higher than last year.

«Climate for foundations are just as good as it was some time ago, - the founder of ArtTactic Anders Petterson (Anders Petterson). - More and more people are realizing that art - is a profitable investment for the facility of funds. Today, funds are part of the ecosystem, not the parasites. They allow shareholders to approach a certain style of life ».

According to Deloitte, in the first half of 2011, the art market appeared about 25 similar investment funds, and most of them - the Chinese, and one was opened, even in Brazil. In Russia, we have first mutual fund ...

Material Maria prepared Onuchina, AI

Sources : artinvestment.ru