Investing in art objects of financial institutions and banks

Abstract

Modern financial market is characterized by new approaches of investors to preservation and multiplication of their assets. The investors not just seek to save their cash but choose new areas of investment. They are often interested in aesthetic forms of investment, thus investment in hoarding objects, notably in collectibles, is gaining particular importance. Investment in art objects requires financial institutions and banks to serve the market. Modern financial institutions and banks are capable to render all the necessary range of services relating to art market to their clients. The studies show the prospects for further development of investment in art objects both in the world and in Russia.