Art2Bank

““The works are stepping stones around the space inside the head; hammocks on which you can sit to catch your breath ...Everything I do is based on my experience and feeling.”...”

Source: Margrét Blöndal

“Electricity as power is taken for granted by most people in the 21st century, at least in the West. We have tamed this strange and violent energy, and keep it in plugs in the ...”

Source: Paul Fryer

“The abstract paintings Tal R creates have many stories to tell..Inspiration sources include elements of music, comic-strips aesthetics, television and the graphic design of ol...”

Source: Tal R

“Presented as a statue, the body is a monument both to itself and to human thought. I use images of statues to represent the idea of the body as a monument to itself and our c...”

Source: Sue Vesely

Tate Modern, Bankside, London

The Tate Modern was created in the year 2000 from a disused power station in the heart of London. It displays the national collection of international modern art, which is defined as art since 1900. International painting pre-1900 is found at the National Gallery, and sculpture at the Victoria & Albert Museum. Tate Modern includes modern British art where it contributes to the story of modern art, so major modern British artists may be found at both Tate Modern and Tate Britain.

New Museum, The Bowery, New York

The New Museum of Contemporary Art was founded in 1977 by Marcia Tucker. It is the only museum in New York City exclusively devoted to presenting contemporary art from around the world. The New Museum has, during the past 5 years, exhibited artists from Argentina, Brazil, Bulgaria, Cameroon, China, Chile, Colombia, Cuba, Germany, Poland, Spain, South Africa, Turkey, and the United Kingdom among many other countries.

The Museum specializes in presenting the work of under-recognized artists, and has mounted ambitious surveys of important figures such as Ana Mendieta, William Kentridge, David Wojnarowicz, Paul McCarthy and Andrea Zittel before they received widespread public recognition. In 2003, the New Museum formed an affiliation with Rhizome, a leading online platform for global new media art.

Corporate acquisitions significant contribution to growth within the Contemporary art market...

Microsoft owns 4000+ works of art, according to CNN June 2007, their curator and New York gallery owner Michael Klein spend $1.2 million on acquisitions for the company last year alone. Other leading corporate collectors include UBS and the Progressive Corporation. Market leader, Deutsche Bank own 50,000+ works of art, valued at approximately £75 million. This can be seen as strong evidence of arts investment value to these corporations and to those wishing to invest in art. These serious collectors pour considerable investment into research of emerging artists and expert curatorship, so can become a useful guide to the new discerning investor on possible direction to take.

Although these corporations insist their investments are not specifically for financial gain, even in light of corporate tax incentives, the Mei/ Moses Indices of art's performance shows 20th century Impressionists and American Paintings to have consistently outperformed the S&P500, since 1950. A unique potential here of ever-increasing demand with a corresponding limited supply. Contemporary art is thought to have been even more lucrative when purchased wisely. These indices also show how art has a low correlation with the US stock market, thus having the ability to reduce risk, therefore having good potential for those investors wishing to diversify.

Patronage & Investment