Can An Art Fund Beat The Stock Market?

When Bruce Taub looks at art, he sees dollar signs. And his new investment company is hoping that other high-rolling investors will see it that way, too, and diversify their personal portfolios to include works his company invests in. “The company will establish a series of art funds for clients looking to diversify their existing portfolios. The funds will buy art, both privately and at auction, that their consultants think is undervalued.” Investors won’t actually get to take the art home with them, since the fund would own the works. Instead, they’ll reap the financial rewards (if any) when and if the works are resold.