West Limerick woman Rosanne McDonnell is bringing the art world’s most prominent art business minds from the US, UK, Switzerland and Europe to Adare Manor on 18th June for Art Business Summit, Europe’s Leading Art Business Conference and Networking Event.
The Countess of Dunraven will officially open the event and speak about the living legacy of art and antiquities.
Delegates at the conference will include Irish art collectors along with tax, law and wealth management professionals who advise clients on how to invest in art.
As investors increasingly look to art instead of property, the Summit will offer insights into the international art market to assist business professionals in advising their clients. According to an index tracked by Artprice.com, art has delivered average annual returns of 8.9% since 2000.
Rosanne McDonnell explains, “Given the international nature of the market, art as an asset class is increasingly attractive to investors. And although the business of art may appear to be booming, the market can be volatile and is not without risk. Prudent collectors of art need to be equipped with the requisite knowledge to care for their collections and protect their legacy. When one does so, the rewards can be great.”
Art market advisors, lawyers and critics will travel from New York, London, Paris and Geneva for Art Business Summit to discuss the key issues in the global art market along with record breaking sales and their legacy, like the sale of the Amedeo Modigliani recently, and the key considerations collectors and their wealth managers need to make when looking at succession planning, inheritance and managing a collection.
Art Business Summit takes place at Adare Manor, Limerick on the 18th June 2018. Tickets, programme and more details can be found here.