Art proves to be a picture-perfect investment
As interest rates remain low and savers receive minimal returns from traditional products, they are turning to other forms of investment in order to make the most of their money.
Indeed, the price of contemporary art has risen in the first quarter of 2011; following a trend which has been in evidence for the last nine consecutive quarters and is expected to continue over the coming year.
With a particularly sharp increase for the three months from January to March, the sector is now achieving its greatest performance in over two years, suggesting that individuals are buying contemporary pieces as much for their investment potential as their beauty.
This trend is repeated across the whole of the art and antiques sector, with traditional pieces such as precious metals and jewellery leading the way.
