Skip to main navigation menu Skip to main content Skip to site footer
Economia e diritto del terziario - Open Access - Dal 2018 non è più pubblicata da FrancoAngeli

Articoli

No. 1 (2017): Economia e diritto del terziario

x

Submitted
settembre 7, 2017
Published
2017-09-07

Abstract

Art banking is defined in literature as a branch of the banking industry specialising in art-related contracts, advice, services and activities provided by financial intermediaries to end users with a view to recognising art assets as a stable, durable part of customers’ wealth by suggesting, on a case by case basis, asset management solutions aimed at optimising and safeguarding the sustainability of art investments, with time horizons and approaches best suited to unlock future liquidity from art collections. For banks’ art advisory not to be confined to a mere exercise of contractual clauses, it is essential that these ancillary services be provided by a specialist capable of interpreting and anticipating the customer’s real needs, in the shared pursuit of the best-suited set of solutions and advisory services for the specificities of the customer’s asset portfolio.
This is the role played by the Art Relationship Manager who must, first and foremost, be a problem solver capable of structuring and providing customer-specific solutions, moving away from a mere financial product-driven approach to a customer-centered focus, with consulting services aimed at combining the customer’s asset management requirements with passion investments, be it in art or top real estate. This article is specifically intended to describe the dynamics of art banking as driven by the most advanced financial institutions. While continuing to take due account of the limits and opportunities of today’s market environment, the article identifies possible future developments which are expected to foster the demand for financial operators increasingly qualified in the arts and financial products featuring an increasingly higher content of art.

References

  1. Candela, G. e Scorcu, A. E., Economia delle arti, Bologna, Zanichelli, 2004.
  2. Candela, G. e Scorcu, A. E., Il prezzo dei dipinti. Proposta per un numero indice delle aggiudicazioni d’asta, Bologna, CLUEB, 1994.
  3. Candela, G. e Scorcu, A. E., Il prezzo dei dipinti, CLUEB, Bologna, 1997.
  4. Candela, G. e Benini, M., Produzione e circolazione dell’informazione nel mercato dell’arte, CLUEB, Bologna, 1997.
  5. Candela, G. e Scorcu, A. E., Economia delle arti, Bologna, Zanichelli, 2004.
  6. Capgemini, World Wealth Report 2016, disponibile on-line su www.worldwealthreport.com.
  7. De Angeli, S., Il Private banking in Italia. Aspetti tecnici e profili organizzativi, Milano, Vita e Pensiero, 2008.
  8. Deloitte, Art & Finance, Luxembourg&ArtTactic, Report 2016.
  9. Figini, P., La valutazione dell’investimento in arte: il caso dell’arte etnica. In M. Biordi, G. Candela, L’arte etnica tra cultura e mercato, Milano, Skira, 2007.
  10. MacAndrew, C., Tefaf Art Market report, 2015.
  11. Mascio, A., La consulenza finanziaria. Regolamentazione, modelli di servizio e pianificazione finanziaria, Milano, EGEA, 2011.
  12. Mei, J. e Moses, M., Art as an investment and the Underperformance of Master-pieces, in «American Economic Review», 82, 5, dicembre, 2002 oppure sul sito http://www.artasanasset.com.
  13. Musile Tanzi, P., Manuale del private banker, Milano, EGEA, 2013.
  14. Omarini, A., Il business retail delle banche: sfide e opportunità da cogliere, in «Bancaria», 7-8, 2012.
  15. Oriani, M. e Zanaboni, B., Trattato di private banking e wealth management: esperienze nel mercato italiano, vol. 3., Milano, Hoepli, 2016.
  16. Ragazzoni, M. e Zanaboni, B., L’art advisory nel private banking. Opportunità e rischi dell’investimento in arte, AIPB Editrice, 2016.
  17. Reitlinger, G., The Economics of Taste, I: The Rise and Fall of the Picture Market, 1760-1963, London, Barrie and Rockliff, 1961.
  18. Ripa, P., Russo, S. e Nanna, M., Report sulle principali evidenze quali-quantitative del mercato artistico del 2015, in «Just Art», 2016.
  19. Stein, J. P., The Monetary Appreciation of Paintings, in «Journal of Political Econ-omy», 1977, 85, 5, pp. 1021-1035.
  20. Zorloni, A., L’arte della finanza. Il settore dell’arte come opportunità di investi-mento, in «Banca Impresa Società», 1., 2014.
  21. Zorloni, A. e Willette, R., Managing Art Wealth: Creating a Single Family Office which Preserves and Protects the Family Art Collection, «Journal of Wealth Management», 16, 2014.
  22. Zorloni, A., L’economia dell’arte contemporanea. Mercati, strategie e star system, Milano, FrancoAngeli, 2016.