Art Investment Conference

The conference brings together a host of world renowned industry specialists

Mike Moses - Professor of Finance, Stern School of Business, University of New York. Co-founder of Beautiful Assets Advisors and co-author of the Mei-Moses Art Indices. Professor Moses most recent work has been focusing on art as an investment. Co-developer of the Mei Moses™ Fine Art Indices. This family of indices tracks the tenor of the art market going back to 1875. The research findings have been published in the American Economic Review, The Journal of Finance and won the best paper award in 2005 of The Journal of Investment Consulting. The resulting art indices can be compared to financial indices to investigate relative performance. The indices can also be used to undertake portfolio optimization studies that include art. The data can also be used to answer questions about the role of purchase price, artist quality, overpayment and overbidding, and holding period on returns. Ongoing research involves pricing the priceless, predicting success and failure in the New York auction market for Impressionist and Modern Paintings.

Randall James Willette – Managing Director, Fine Art Wealth Management Ltd.
Founder and Managing Director of Fine Art Wealth Management. Prior to establishing the Company in 2003 Randall was Executive Director and Head of Art Banking for UBS Wealth Management in London responsible for building its global art banking franchise in Europe and America. While there, he developed and implemented a global marketing strategy for UBS Art Banking integrating art assets into the Bank’s overall wealth management strategy for private clients. Before joining UBS, Randall was Managing Director in Corporate Finance with Citigroup. His credentials include over eighteen years combined experience in investment banking, structured finance, and private wealth management.

Keynote Speaker: Elroy Dimson Elroy Dimson is Professor of Finance and a Faculty Governor of London Business School. Dr Dimson has held visiting positions at the Bank of England and at the Universities of Chicago and California (Berkeley). His research covers risk analysis, performance measurement, asset allocation, portfolio strategy and financial market history. With Paul Marsh and Mike Staunton, he wrote ‘Triumph of the Optimists’ (Princeton University Press, 2002), which presents and analyses over 100 years of stock market performance in each of 16 countries. In the US their research won the Roger Murray prize from the Institute for Quantitative Research in Finance. With Dr Shanta Acharya he authored 'Endowment Asset Management' (Oxford University Press, 2007), a study of the investment strategies followed by the universities of Oxford and Cambridge and by their constituent colleges. Dr Dimson has served on the boards of several investment organizations, pension funds and charitable endowments.

	Bijan Khezri is the Chief Executive Officer and President of the Artist Pension Trust, and prominent collector of contemporary art from young emerging artists. After graduating from the Institute de Hautes Etudes Internationales, University of Geneva, in international economics, Khezri joined the equity capital markets group of BNP Paribas in London where he led the group's European technology sector. Mr. Khezri assumed board positions as Chairman, Chief Executive, and non-executive Director in publicly listed companies in the UK, the US and Germany. He co-found Saphire Finance LLP, an FSA authorised and regulated principal merchant banking partnership based in London. Mr. Khezri is active investor across Europe and the US in a variety of sectors. He is the Co-Founder of Enovation Resources; a Bermuda based oil & gas company with operations in the US Gulf of Mexico and the North Sea, acquiring a portfolio of distressed, dormant and high risk assets through the application of advanced geophysical technology.
	Rachel Campbell Dr. Rachel Campbell completed her Ph.D. on Risk Management in International Financial Markets at Erasmus University, Rotterdam in 2001. She currently works at the University of Maastricht and at Erasmus University as an Assistant Professor of Finance. Her work has been published in a number of leading Journals, including the Journal of International Money and Finance, Journal of Banking and Finance, Financial Analysts Journal, Journal of Portfolio Management, Journal of Risk, and Derivatives Weekly; and is forthcoming in The Journal of Empirical Finance, and The Journal of Alternative Investments.
	Anders Petterson is a leading expert on art market research, with particular focus on the contemporary art market. He is the Founder and Managing Director of ArtTactic.com, a web-based London-based art market research and advisory company set up in 2001. Previously worked in JP Morgan in the Investment Banking division, responsible for debt capital market products for Nordic banks and corporates. He has been working as an independent Research & Evaluation consultant for Arts & Business in London since 2002. Anders Petterson is currently lecturing on art markets at Sotheby’s Institute in London as part of the MA in Art Business.
	Sabrina Recoules is Art Investment Advisor, Société Générale Asset Management. Mrs Recoules has built her career at Société Générale between 1989 and 2002. After working for seven years in trading and structuring financial products, she shifted her focus to asset management. Between 1996 and 2002 Mrs Recoules created and developed SG Asset Management’s Product Creation department. Meanwhile, Mrs Recoules has structured a network of relationships within artistic and cultural circles, and has developed a keen understanding of how such networks operate. At Société Générale, Ms. Recoules will mediate between the art industry and the financial sector.
	Max Rutten is Investment Banker at Cohen & Co, LLC. Mr. Rutten was an art gallery owner and art portfolio advisor in Manhattan, before he started the Executive MBA program at the Said Business School at Oxford in 2005 where he focused on comparative studies in alternative asset classes, incl. art, real estate, hedge funds, private equity and others.
	HOPEWELL WOOD is the Marketing Director, The Fine Art Fund. Ms. Wood was educated at Vanderbilt University and received a M.A. in Post-War and Contemporary Art from Sotheby’s Institute in London. Following that, she worked for three years in the Old Masters department of Sotheby’s New York. She completed a M.B.A. at the Saïd Business School at The University of Oxford and is responsible for the marketing of The Fine Art Funds.
	Georgina Adam Georgina Adam is art market editor at The Art Newspaper and a member of AICA (International association of art critics).
	Joe La Placa Joe La Placa is the Director of artnet.com in the UK and Senior Correspondent for artnet’s popular online magazine. In the early 1980's he founded the Gallozzi-La Placa Gallery, one of the first contemporary art galleries in the Tribeca area in Manhattan, New York. The gallery was responsible for launching the careers of some of today's most recognized artists namely Jean Michael Basquiat and Keith Harring. Relocating to London in the late nineties, Mr. La Placa served as the Foreign Editor and principle Features writer for Art Review Magazine. His new endeavor, Eudaimonia Fine Arts, will continue Mr. La Placa’s long standing production of works of art by unknown artists exclusively on a project basis.
	Marc Spiegler Journalist Marc Spiegler has written extensively on the global artworld's controversies, networks and marketplaces, for publications such as The Art Newspaper, New York Magazine, ArtNews, Art Review, Monopol, The Independent and Neue Zürcher Zeitung. He is a co-founder of www.artworldsalon.com, which covers a wide range of art world topics, including: the economic shifts roiling its markets; the internationalization and expanding number of its players; the impact of technological developments; and the rapid changes in both the broader perception of the artworld and the artworld’s perception of itself. His articles are available at www.marcspiegler.com.