Hints and tips:
...Marks is acting on his own advice this week with the opening of his first online exhibition: a show of works by Robert Gober, who represented the US in the Venice Biennale in 2001....
...Growth at Warburg Investment Management, which subsequently became Mercury, was driven by the trio of Milo Cripps, Nicholas McAndrew and Andrew Smithers....
...The industry will go back to relying on one set of figures, from McAndrew....
...It’s a gesture in the right direction and is a welcome example of the “vertical integration” recommended by art economist Clare McAndrew in this month’s art market report....
...Indeed, at that landmark November 15 auction, nine works valued at up to $70m didn’t sell, including paintings by market favourites Jean-Michel Basquiat and Robert Motherwell....
...By art economist Clare McAndrew’s estimate, it contracted by 11 per cent in 2016 to $56.6bn as political uncertainty and economic slowdown took their toll....
...Contributors include art economist Clare McAndrew and François Tajan, the deputy chairman of Artcurial auction house....
...Ms McAndrew’s report concluded that global art sales fell last year by 7 per cent to $63.8bn and sales in China dropped 23 per cent to $11.8bn....
...says Robert Read, head of art at the insurer Hiscox, introducing the firm’s fourth survey of the market for art sold on the internet....
...According to Robert Brooks, its chairman, the good result was down to selling many more lots for more than £1m – 32 of them, in fact, in 2013....
...Economist Clare McAndrew believes it has....
...McAndrew gives an estimate of global art market value as €46.1bn in 2011 – an increase of 63 per cent since the market crisis of 2009....
...McAndrew concurs: “People see art as a safe place to put their money,” she says....
...Osborne’s team deny that he is a neo-con, although he is very interested in US politics and tries to stay in touch with the likes of Robert Zoellick, Henry Kissinger and recently Dick Cheney....
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