Philip Hoffman Explains Fine Art as an Investment in The Wealth Report
“Our in-house art experts have years of experience in fine art valuation, which means we are able to assess the suitability of potential collateral accurately and quickly. The more difficult artworks for lending purposes are particularly atypical examples by an artist, or those which are outsized.”
Founder and CEO Philip Hoffman spoke to Andrew Shirley and The Wealth report, Knight Frank’s global thought-leadership publication for its UHNWI clients and their advisors.
Together, they discussed art as an investment, and how it is used as an asset to borrow against by clients across the globe looking to release meaningful capital from their own collections of art and jewellery.
To learn more about borrowing against art and the loan process here at The Fine Art Group, please click on the link below.
https://www.knightfrank.com/research/article/2021-08-02-fine-art-as-an-investment
