Article taken from: s.chinadailyhk.com
Luo Weiteng and Sophie He report from Hong Kong. From left: Moderator DJ Clark; Andy Hei, founder and director of Fine Art Asia and Ink Asia Hong Kong; Johnny Hon, founder and chairman emeritus of Global Group International Holdings Ltd; and Robert Sleigh, senior director and managing director of operations at Sotheby’s Hong Kong attend the China Daily Asia Leadership Roundtable themed “Assessing Alternative Investments in Art and Wine” on Tuesday. […] Looking ahead, traditional areas of collecting for investment, be it paintings, contemporary art, modern art or impressionist art, will continue to go quite strong. At that point, it is a question of knowing the current market, knowing what the current worth might be and looking at a long term, rather than a short-term growth on that and appreciation of that,” Sleigh noted. […] ALSO READ: Dream collection on show Patience is crucial Adriano Picinati di Torcello, director of advisory and consulting of global art and finance coordinator at Deloitte Luxembourg, reminded investors that one of the risks when it comes to making investment in art and wine is illiquidity. […] While all of these changes may present opportunities, I would not recommend rushing in to buy art merely as an investment. It is important to discover your passion and what you really enjoy about artworks,” Hon stressed.
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