Top British Art Consultancy Targets Russian Collectors

The First Art Newspaper on the Net    Established in 1996 Sunday, May 5, 2024


Top British Art Consultancy Targets Russian Collectors
"Russia is a country of vast opportunities. I am convinced of the great potential of its art market as well as in the swift development of the Russian banking system," AMR's director Robin Duthy said in a statement.

By: Nastassia Astrasheuskaya



MOSCOW (REUTERS).- Top British art consulting firm Art Market Research (AMR) said on Monday it plans to offer its services in Russia, where growing investment interest in art and antiques presents a huge growth opportunity.

London-based AMR, which counts auction houses Christie's and Sotheby's as clients for its art indexes and market analysis, said it hopes to raise 500,000 euros ($706,700) by end of year and team up with Russian representative company Kollection.

"Russia is a country of vast opportunities. I am convinced of the great potential of its art market as well as in the swift development of the Russian banking system," AMR's director Robin Duthy said in a statement.

"I am certain there is a tremendous need for complex investment analysis in Russia's arts and antiques market."

AMR said it will target Russian financial institutions, investment consultancies, stock market players, private investors and individual collectors, Duthy said.

Russian banks have recently started to offer art consulting services in response to a growing appetite among the country's super-rich for collecting high-priced treasures.

While London alone hosts more than 2,000 antique houses, Russia currently has 400, art investment expert Natalia Legotina, the head of Kollection and the new representative of AMR in Russia, said.

The strong financial market in Russia and the growing sophistication of the country's super-rich have also attracted Europe's largest antiques association London-based LAPADA to enter the Russian market earlier this year.

(Reporting by Nastassia Astrasheuskaya; editing by Alissa de Carbonnel and Paul Casciato)










Today's News

June 28, 2011

Christie's to Sell Most Outstanding Group of Lucian Freud Drawings to Come to Auction

Museum of Fine Arts, Boston to Retain Ownership of Eglon van der Neer Painting

Exhibition at Musée du Quay Branly Offers the Opportunity to Discover the Guatemalan Maya

One of the Greatest Venetian View Paintings by Francesco Guardi to Lead Sotheby's Sale

Nationalmuseum in Stockholm Announces New Acquisition: Elizabeth I by Nicholas Hilliard

Record for a Sale of Old Master & 19th Century Paintings and Drawings at Sotheby's

A Portrait of Holland: The Dutch Landscape in Art Since 1850 at De Hallen Haarlem

Beijing Tax Authorities Seek Nearly $2 Million from Outspoken Chinese Artist Ai Weiwei

Hungarian Photographers in Frame in United Kingdom's Royal Academy of Arts Exhibition

2011 Käthe Kollwitz Prize Awarded to Canadian Artists Janet Cardiff and George Bures Miller

Martin Creed's Work No.1059, 2011 is the New Commission for the Scotsman Steps

Phillips de Pury & Company's June Contemporary Art Evening Sale Realizes $16,923,234

Early American Toys and Trains Raced Past their Estimates at Noel Barrett's Spring Sale

Brent Glass, Director of the National Museum of American History, Announces Retirement

Famous Margaret Thatcher Handbag Auctioned for $40,000 at Christie's in London

Exhibition of Four Single Colour Paintings by Stuart Cumberland at The Approach

French Archaeologists Unearth Hundreds of Large Inscribed Limestone Blocks in Egypt

Raw and Unapologetic: Kim Dorland's Portraits of Wife Lori at Mike Weiss Gallery

Nachume Miller vs Danny Miller: A Father and Son Exhibition at Benrimon Contemporary

Top British Art Consultancy Targets Russian Collectors

Michael Jackson Thriller Jacket Sells for $1.8 Million at Julien's Auctions

The Dress that Caught the Prince's Eye Goes on View to the Public

Sotheby's to Offer Absolutely Stunning Imperials from a Classic Bordeaux Collection

Exhibition of Artist Will Barnet on View at Amon Carter Museum of American Art

A Date with Diamonds at Bonhams & Butterfields Fall Salon Jewelry Auction

Desroches Noblecourt, French Egyptologist, Dies




Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 



Founder:
Ignacio Villarreal
(1941 - 2019)
Editor & Publisher: Jose Villarreal
Art Director: Juan José Sepúlveda Ramírez

Royalville Communications, Inc
produces:

ignaciovillarreal.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful