In this edition of the ArtTactic Podcast, Javier Lumbreras, Founder and CEO of the art investment fund Artemundi Global Fund, returns to the podcast to update us on his art fund. In addition to a fund update, Javier discusses some significant changes in their allocation of funds to different art market segments based on the state of the art market. Then, he provides his thoughts on the extent to which the art market will be impacted by this weakening economy. Finally, Javier elaborates on the presence of substantial transaction costs within the art market and why he believes such fees will decline in the future.
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