“That insane market we started to see already in November, a lot of it was a preparation for an increase in inflation, knowing it was coming, preparing for it,” said Anita Heriot, the Fine Art Group’s president of the Americas, referring to the bellwether New York auctions. “People have a lot of liquidity and they need to put it into hard assets.”
Artnet’s Katya Kazakina speaks with Anita Heriot about inflation’s impact on the current art market.
Read the full article here.
“The focus is very much on the best of the best. Clients want the best blue diamond, the best wristwatch, the best impressionist picture, but the second rate is of no interest.” It isn’t, Hoffman says, “a case of digging deep into a particular artist. It’s more about having a well-known and ostentatious collection.”
Bloomberg’s James Tarmy gained valued insight from The Fine Art Group’s Philip Hoffman about the appetite for collecting in Asia.
To read the full article please click here.
Josh Baer of the Baer Faxt + sat down with Philip Hoffman, Founder and CEO of The Fine Art Group, and Anita Heriot, President of The Fine Art Group Americas, to discuss what makes the company unique.
Philip and Anita explain that what initially started, over 20 years ago, as a fund has grown to include five different verticals, allowing The Fine Art Group to provide unmatched services in the art industry.
Hoffman and Heriot speak broadly about the different aspects of the company and highlight specific projects they are currently working on.
See the below video to watch the interview.
Josh Baer sits down with Philip Hoffman, Founder and CEO of the Fine Art Group, and Anita Heriot, President of The Fine Art Group Americas, to discuss what makes their company unique. What initially started as a fund over twenty years ago has grown to include five different verticals allowing The Group to provide unmatched services in the art industry. From speaking broadly about the different aspects of the company to highlighting specific projects they are currently working on, check out the video to learn about working with The Fine Art Group.
FURTHER READING
- The Financial Times Recognizes Philip Hoffman & The Fine Art Group
- Philip Hoffman Quoted in Artnet News About the Sotheby’s Mo Ostin Collection and Modern Evening Auction Results
- Anita Heriot & Tiger21: Collecting Art as a Family
“The industry proved popular during the depths of the pandemic as ultra-wealthy individuals tapped art collections as a source of cash when other assets were frozen or plunging in value.”
Our CEO of Art Finance, Freya Stewart, and Bloomberg journalist Harriet Habergham discuss the increasing use of art finance, and the current appetite amongst investors for debt products backed by art.
Please read the full article here.
“Our in-house art experts have years of experience in fine art valuation, which means we are able to assess the suitability of potential collateral accurately and quickly. The more difficult artworks for lending purposes are particularly atypical examples by an artist, or those which are outsized.”
Founder and CEO Philip Hoffman spoke to Andrew Shirley and The Wealth report, Knight Frank’s global thought-leadership publication for its UHNWI clients and their advisors.
Together, they discussed art as an investment, and how it is used as an asset to borrow against by clients across the globe looking to release meaningful capital from their own collections of art and jewellery.
To learn more about borrowing against art and the loan process here at The Fine Art Group, please click on the link below.
https://www.knightfrank.com/research/article/2021-08-02-fine-art-as-an-investment
Anita Heriot, President of the Americas for The Fine Art Group, was interviewed by journalist Katya Kazakina for Artnet News’ latest article, “Why the Biggest Blue-Chip Art Collectors in the World Are Suddenly Pumping Hundreds of Millions of Dollars Into Baseball Cards.”
Read More on Artnet.com
Read the Full Artnet Article
Art can be the glue that binds a family and can create a lasting financial legacy. Anita Heriot, President of the America’s, shares her art collection journey with one Tiger21 family.
“Since the pandemic, we have seen increased demand as people want to retain more personal liquidity. It makes sense to offer the service to buyers at auction as well as on the private market.” -Freya Stewart
Our CEO of Art Finance Freya Stewart speaks to Melanie Gerlis at the Financial Times to discuss purchase financing and its role in the art market. Freya highlights the benefits of purchase financing, particularly in regards to the upcoming London auctions.
To read the article in full and learn more about the qualifying works for financing from The Fine Art Group please click here.
Our CEO and Founder Philip Hoffman appeared on this week’s episode of the ArtTactic Podcast. Philip discusses his decision to acquire Pall Mall Art Advisors during a trend of consolidation within the broader art market and uncertainty of the pandemic. He also shares his views on the current landscape of the art market, from what collectors are looking for and the importance of appraisals to a discussion on the impact of Covid-19.
To listen to the podcast in full and learn more about where valuable opportunities in the art market lie, please click here.
I am delighted to announce that Pall Mall Art Advisors has been acquired by the London based company, The Fine Art Group. Over its 20-year history, The Fine Art Group, founded by Philip Hoffman, has established itself as a powerful presence in the global art market, evolving from its origin as The Fine Art Fund into a comprehensive art services group spanning art advisory, art secured lending, art agency, art investment and valuations. The Fine Art Group serves the upper end of the art market and offers unrivaled in-house expertise in fine art and jewelry.
This merger cements our position as the market leading independent art services group for every stage of the art collecting cycle. The sale makes perfect sense as we continue to focus on expanding our services and global footprint. Both companies share the same guiding principles of providing transparent and independent white glove service to exceed our clients’ expectations. Like Pall Mall Art Advisors, The Fine Art Group has a strong commitment to developing long-standing client relationships and meeting their evolving needs in a changing market.
We plan to consolidate our brand to be represented under The Fine Art Group name, which will be rolled out over the next few months. My colleagues and I look forward to connecting with you soon to discuss in greater detail this exciting news and the extension of specialty services it offers you.
Anita Heriot
President, the Americas, The Fine Art Group
Read more about the merger on Artnet.com.
