What is the average return on art investments?
As a financial professional with an interest in alternative investments, I'm curious to delve deeper into the question of "What is the average return on art investments?" Art, as an asset class, has seen increasing interest from investors in recent years, yet its return patterns and performance metrics remain somewhat elusive. Understanding the average return on such investments is crucial for making informed decisions about portfolio allocation and risk management. Could you elaborate on the typical range of returns one might expect from investing in art, as well as the factors that influence these returns? Are there any reliable benchmarks or indices that track the performance of art investments over time?