Angus Murray (June 2nd, 2009)
In this exclusive ArtTactic Podcast Insider Q&A, we’re joined by Angus Murray, founder and managing principal of Castlestone Management. In the episode, Murray goes into detail about his newly launched art investment fund, Collection of Modern Art. Murray begins by elaborating on his beliefs of art as a legitimate, real asset as well as comparing its performance to other assets. Murray then shares with us the overall investment philosophy of the fund including what kind of artists they will invest in and the reasons behind these purchasing decisions. Also, Murray explains the structure of the fund in length, including why he chose to set up the fund as a regulated, open-ended mutual fund as well as the reasons behind the low minimum investment entry level. Lastly, Murray speculates on the future direction of both the art market and the niche art investment fund industry. (click image for permalink)
