Freya Stewart speaks to Artnet News about the history of art-backed loans and their growing popularity since the 2008 financial crisis.
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Philip Hoffman speaks with Bloomberg about Art Basel Hong Kong 2023 and how Hong Kong remains the central hub of the art market in Asia.
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Patti Wong of Patti Wong & Associates speaks with The Financial Times about her role as an art advisor within Asia’s growing art market and her decision to partner with The Fine Art Group to provide her clients with more services, such as art financing.
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Freya Stewart speaks to The Art Newspaper about the rise of art-backed loans and The Fine Art Group’s role as a specialist lender.
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TOP LIST OF ART ADVISORS RECOGNIZES THE FINE ART GROUP
The Financial Times has published an article of “The Who’s Who of Art Advisors “, listing art advisory power players significant collectors should keep their eye on.
Philip Hoffman, CEO & Founder of The Fine Art Group, and his Art Advisory Team was named second on the Financial Times list, recognizing Philip and The Fine Art Group’s global reach with a team of almost 100, advising more than 300 families in 28 countries, including high-profile celebrities.
Also named is Patti Wong of Patti Wong & Associates, a new Hong Kong-based art advisory firm. The article highlights her 30+ years of experience and contacts from her time at Sotheby’s, previously developing the auction houses’ business and building some of the most significant collections in Asia. The Fine Art Group has recently expanded into Asia in a joint venture with Patti Wong & Associates.
Allan Schwartzman, founder of Schwartzman& was also included, The Financial Times dubbing him the “über-curator.” In March 2022, Schwartzman& and The Fine Art Group announced the beginning of their collaboration, leveraging their two firms’ complementary skills and resources to address the needs of an ever-changing market for both multigenerational and emerging collectors, in addition to artists and institutions.
Out of the ten advisors listed, three, including The Fine Art Group, Patti Wong & Associates, and Schwartzman& are aligned and collaborate, combining their top-tier staff and resources to create exciting opportunities for art collectors the world over and across all TFGs core services, including advisory, art finance, sales agency, investment, and appraisals.
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Katya Kazakina lists The Fine Art Group as a source of qualified advisors for “acquisitions, financing, and deaccessioning, among other services.”
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Barron’s covers the announcement of Patti Wong & Associates, a new Hong Kong-based advisory, and quotes Philip Hoffman, Founder and CEO of The Fine Art Group, about the joint venture between the companies.
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The Art Newspaper covers the launch of Patti Wong & Associates and its partnership with The Fine Art Group.
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Morgan Long, Managing Director of The Fine Art Group, spoke with Barron’s about shifting trends in the art market and the possible advantages of collecting the work of established artists that may currently not be in fashion.
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Philip Hoffman, Founder and CEO of The Fine Art Group, spoke with Bloomberg about the rising demand for fine art by the wealthy in relation to recent decisions by private financial institutions in Australia and New Zealand to sell company art collections.