DESPITE ECONOMIC UPHEAVAL, the art market has remained relatively resilient. In fact, art investors are now presented with plenty of opportunities to diversify their assets, naturally lowering risks. Troy Sadler, the managing director of Singapore-based art firm, Art Works, runs a multifaceted business that brings a highly curated mix of both fine and affordable art from some of the world’s most in-demand contemporary artists to art enthusiasts in the Asia-Pacific region.
What began in 2011 as a fine art gallery with an investment advisory arm has, since this year, diversified to include an online gallery offering access to a larger pool of artists. Also available is a dedicated Art Works Design team that delivers made-to-order art, sculpture, and furniture for small- to large-scale commercial projects. With more than 10 years of learning the ins and outs of supplying art in Asia and working alongside the likes of Lincoln Townley, Danny Minnick, and David Bromley, Sadler zeroes in on why art investment deserves closer attention today.
Why is art investment currently a good option to diversify an investment portfolio?
Troy Sadler (TS): The art market provides a superior option to diversify in times of economic uncertainty as it is largely insulated from the volatilities of the stock market. And despite the economic impact of the COVID-19 pandemic, the art market has remained relatively resilient.
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