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Article: United States : Javier Lumbreras Launches First in Art Funds: Artemundi Global Fund.
- Article from:
- TendersInfo
- Article date:
- September 1, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: pinto03
Art remains the most undervalued investment in the market, over performing both the real estate and stock markets for more than 20 years.
In a climate with volatile markets, art promises attractive returns. While stocks can suffer double-digit losses in one day, the art market exhibits far more stability due to the limited supply of fine works of art. Equally important is the fact that art is the one investment that provides constant pleasure in both an aesthetic and emotional nature in conjunction with social recognition.
With a total maximum subscription of $225,000,000 - $150,000,000 Artemundi Global Fund, managed by fifth ...