THE RISE OF ART AS AN ASSET CLASS
MAY 25, 2007 - LONDON BUSINESS SCHOOL
AGENDA
REGISTRATION &
COFFEE
08:30-09:00
Greetings Walid Salem – Conference Chair 09:00-09:05
Opening Speech 09:05-09:15
Keynote Speech 09:15-09:30
Keynote Speaker: Elroy Dimson, Professor of Finance and a
Faculty Governor of London Business School
SESSION ONE
09:30-10:45
TOPIC: 100 YEARS OF ART
MARKET PERFORMANCE
Speaker: Professor
Michael Moses, Stern School of Business, Co-founder Beautiful Asset Advisors
Key
Themes:
- Environment For
Rising Art Prices – Supply vs. Demand
- Creation of Art
Indices Comparable to Financial Indices
- Results on Return,
Risk, Correlation for All Art And Various Collecting Categories
COFFEE
BREAK 10:45 –11:05
SESSION
TWO
11:05-12:05
TOPIC:
DIVERSIFICATION BENEFITS OF ART
Speaker: Professor
Michael Moses, Stern School of Business, Co-founder Beautiful Asset Advisors
Key
Themes:
- General Portfolio
Allocation Studies
- Portfolio
Allocation With Existing Art Assets
- Financial Results
of” Invest and Hold” and buying the best
- Knowing How Much
to Pay For Superior Returns
- Do You Have To Be
An Art Expert To Prosper?
SESSION THREE -
PANEL DISCUSSION
12:05 - 01:05
Panel Chair: Professor Michael Moses, Stern School of Business
Key Themes:
§ Can You Forecast
Art Performance?
LUNCH
01:05 – 02:20
SESSION FOUR
02:20 – 03:05
TOPIC: ART AND WEALTH
MANAGEMENT STRATEGY
Speaker: Randall
Willette, Executive Director, Fine Art Wealth Management
Key themes:
- Global wealth and
the art market
- Integrating art
into wealth management strategy
- Art as an
alternative asset class
- Role of art
investment funds
- Art financing and
structured art solutions
- New opportunities
for wealth managers
COFFEE
BREAK 3:05 – 03:25
PANEL
DISCUSSION
03:25 – 05:00
Topic: WHAT LIES
AHEAD: WHAT IS THE FUTURE FOR ART AS AN ALTERNATIVE
INVESTMENT?
Panel Chair:
Randall Willette, Executive Director, Fine Art Wealth Management
Key themes:
- Is art a viable
asset class?
- Is there a role
for art in alternative investment strategy?
- What is the
future for art investment funds?
- Why are there so
few funds in the market?
- Is there a role
for private banks and investment managers to play?
- With art emerging
as an asset class, what is the future for structured products with art as the
underlying?
CLOSING
REMARKS - FOLLOWED BY
RECEPTION 05:00
- 05:15
