ARTOPOLIE, A New Asset Class Set to Revolutionize the Way People Invest in Art
A new platform plans to solve this riddle, allowing investors to diversify their portfolios by investing in ownership shares of fine art, such as works by Pablo Picasso, Claude Monet, and the likes. ARTOPOLIE is creating a new asset class, one that unlike the current art market will be available to the average investor. You will no longer need to own $1 Million to buy fine art, instead with as little as $50.00 you can be one of the owners of a famous painting. ARTOPOLIE is democratizing access to fine art, a centuries old market that has been controlled by extravagant prices.
NEW YORK, April 1, 2019 /PRNewswire-PRWeb/ -- Market Size: U.S Stocks, $30 Trillion Yearly, Forex, $5.1 Trillion Daily, Real Estate, $7.4 Trillion Yearly, Art, $67.4 Billion, ARTOPOLIE, A NEW ASSET CLASS
A typical investor will own two major asset classes as a part of their investments, Stocks and Real Estate. Those who own a home are invested in the real estate market. Those who own a 401k most likely allocate their savings into stocks. If you took a flight to europe last summer and still have some Euros tucked away at home, then you are invested in the Forex Market. Most likely only a few of you went to an art gallery or an art auction and purchased art.
Investing in Art is much less common, but it can be just as profitable as investing in any other asset class. Investors who put money into art at the beginning of 2018 saw an average gain of 10.6% by the end of November, according to Art Market Research's Art 100 Index, the closest thing the industry has to a benchmark. During the same period, investors who put money into the S&P 500 lost 5.1%, based on estimates of total return. If you had exchanged your Dollars for Euros at the beginning of January, in November your Euros would get you 5.7% less Dollars. If you take a look at REIT (Real Estate Investment Trust) performance in 2018, it returned +2.6%. Why is it that so many people do not allocate a percentage of their investments into Art? One of the main issues are the prices, most investors are financially unable to purchase fine art. Studies show that 90% of the population have a net worth that is LESS than $1 Million while 50% ($33.7 Billion) of the transactions in the art market are GREATER than $1 Million.
A new platform plans to solve this riddle, allowing investors to diversify their portfolios by investing in ownership shares of fine art, such as works by Pablo Picasso, Claude Monet, and the likes. ARTOPOLIE is creating a new asset class, one that unlike the current art market will be available to the average investor. You will no longer need to own $1 Million to buy fine art, instead with as little as $50.00 you can be one of the owners of a famous painting. ARTOPOLIE is democratizing access to fine art, a centuries old market that has been controlled by extravagant prices.
According to the Art Market 2019 report prepared by Art Basel and UBS, the Art Market reached $67.4 Billion in 2018. ARTOPOLIE will bring a flood of new investors into the market by introducing fractional ownership in Art. Through ARTOPOLIE, Investing in Fine Art will be financially accessible to the average investor and will pave the way to a new asset class in the art market.
ARTOPOLIE was founded by Bruno Costa and Victor Costa. The brothers plan to make Art available to everyone, one share at a time.
SOURCE ARTOPOLIE
Share this article