Art Market Related Stocks Part 1
Did you know that you can still invest in the art market without ever buying a piece of art??. There are many businesses involved in art that have done very well from the increased interest in the art market. Some of these businesses are public companies which means that they are listed on a stock exchange and you can buy shares in these companies.
For those of you that are not comfortable investing in pieces of art but are willing to invest in the share market, you can get the best of both worlds by investing in companies involved in the art market. You don’t have to know anything about art to invest in the stock market so if you are still learning about art, this is an alternative well worth considering
The most well known publicly listed companies involved in the art market are:
Sotheby’s (BID) – listed on the New York Stock Exchange
Artnet AG (AYD) – listed on the Frankfurt Stock Exchange
Art Price S.A (PRC) – listed on the Paris Euronext Stock Exchange
Art’e S.p.A (ART) – listed on the Milan Stock Exchange
Art In Motion Income Fund (AIM-UN) – listed on the Toronto Stock Exchange
Finarte Casa D’Aste (FCD) – listed on the Milan and Berlin Stock Exchange
**Nicholas Forrest is an art market analyst, art critic and journalist based in Sydney, Australia. He is the founder of artmarketblog.com, writes the art column for the magazine Antiques and Collectables for Pleasure and Profit and contributes to many other publications.