Art + InvestmentVIEW EVENT DETAILS
Thursday, 18th March, 12:30 p.m. - 1:15 p.m. IST
Art Basel and UBS’ annual global art report estimates worldwide art sales surpassed $64 billion in 2019, with the volume of transactions hitting a decade-high of 40.5 million. The report noted that millennial collectors were the most active buyers, auction sales made up 42% of the market, and art fairs were a central part of the market infrastructure. In 2020, the global art economy was met with unprecedented challenges in the wake of the Covid-19 pandemic. With art fairs and galleries being shut, the ecosystem was destabilised, and yet a mid-year report by UBS in 2020 found that online sales rose in the first part of the year and collectors remained active in the art market.
Now, as we transition into a new decade and are looking towards a post-pandemic art world, what changes can be expected of the art market? Can collecting be seen as an alternate form of asset investment? What are some key trends in collecting from the past that we can carry forward into the future? And what can be done to mitigate anticipated challenges in the commercial art world, particularly in South and Southeast Asia?
Join us as we take a closer look at some of these questions with Ishrat Kanga, Director, Specialist and Head of Sale, Modern and Contemporary South Asian Art, Sotheby’s London; Arvind Vijaymohan, CEO, Artery India; and Zain Masud, independent strategist and art advisor in a public discussion moderated by Rosalind Chin, Reporter, Bloomberg Television.
Click here to register for the programme.
This is the first programme of our series ART+, a three-part series of virtual conversations developed in partnership with Bloomberg. The series focuses on new and unique developments within the field of contemporary art and culture across Asia, with cultural practitioners, thought-leaders, artists, academics, and creative innovators. It looks at the relationship between art, investment, technology and community.
Ishrat Kanga, Director, Specialist and Head of Sale, Modern and Contemporary South Asian Art, Sotheby’s London
Ishrat Kanga joined Sotheby's in 2010 after graduating from Christie’s Education with a Master of Arts, specialising in Impressionist, Modern and Contemporary Art and Artworld Practice.
Prior to her Master's degree, she completed a Bachelor of Arts degree with a double major in Art History and Psychology at McGill University in Montreal, Canada. After gaining valuable experience by working in various departments across the company, including Impressionist and Modern Art, Contemporary Art, Old Master Paintings and Early British Pictures, she joined the Modern and Contemporary South Asian Art department in 2011. She has worked on several important collections including The Amaya Collection in 2013, which achieved $6.7 million and was the first single owner sale in the category to be held internationally since 2000. In 2017, Ms. Kanga completed her training as a Sotheby’s auctioneer and has taken several auctions since.
Arvind Vijaymohan, CEO, Artery India
Arvind Vijaymohan can best be described as an aesthete, with a pronounced disposition towards the cultural, sartorial and epicurean. In 2002, he established www.arteryindia.com, an art intelligence and sales advisory firm that manages the collecting interests of a select set of globally located UHNW Indian families. An avid global traveler, he writes actively on the gentlemen’s lifestyle domain and his resident field of Indian art in publications including Mint, and Hindustan Times, amongst others. An alumnus of St. Stephen's College, and IIMC, Arvind has oftentimes been referred to as a raging bon vivant.
Zain Masud, Independent Strategist and Art Advisor
Zain Masud, based in Dubai, consults cultural organisations on their strategies and development, as well as private individuals and foundations, building and curating collections of contemporary art. Her clients include FIAC in Paris, the Louvre Abu Dhabi, Gurr Johns London and Serendipity Art Foundation, Delhi amongst others. Zain has delivered strategies and workshops to Cromwell Place, Frieze Fairs and Cartier. Zain creates symposia for cultural organisations and delivers annual seminars on museums, institution building and their futures, lecturing at the École Supérieur des Affaires in Beirut.
From 2009-2014 she served as Art Dubai’s Assistant Fair Director, instrumental in developing the fair’s international positioning, content and its networks of galleries, institutions and patrons across the globe. From 2015-2016 Zain was International Director of India Art Fair in Delhi, India’s largest cultural initiative. Responsible for the strategy and redefinition of the fair across all departments; building new content, branding, and audiences, her tenure resulted in a more focused, quality property and MCH Group acquiring majority stakes in the company.
Born in Saudi Arabia in 1983, Zain was raised in London and holds a Masters in History of Art from the University of Oxford, and BA in History of Art from SOAS and UCL, London. She has lived and worked in Paris, Dubai, Moscow and New Delhi. Zain brings to her work unique experience and relationships across the art scenes of the Middle East, South Asia, Russia and China, as well as extensive networks within the Western art world.
Zain serves on Delfina Foundation’s board of Strategic Advisors.
Rosalind Chin, Reporter, Bloomberg Television
Rosalind Chin is a reporter for Bloomberg Television. Based in Hong Kong, she provides in-depth reports on business and current affairs across the Asia-Pacific region.
Rosalind has reported from the frontlines of major events across the region including the trial of Samsung’s J.Y. Lee, impeachment of South Korea’s former president Park Geun-hye, China’s National People’s Congress meetings, Hong Kong’s pro-democracy “Occupy” demonstrations and Art Basel Hong Kong.
An accomplished field producer, Rosalind oversaw Bloomberg Television’s exclusive interview with Indonesian president Joko Widodo in Medan, coverage of Malaysian elections and World Economic Forum meetings in Myanmar, Philippines, Thailand, and China. She was also a series producer of Bloomberg’s talk show series High Flyers.
Prior to Bloomberg Television, Rosalind held various roles with CNN, Reuters and the BBC World Service. Born and raised in London, she received her Masters in Pacific Asian Studies from London University’s School of Oriental & African Studies and undergraduate degree from the London School of Economics.
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