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Whispering Gallery

By DT


Will art funds be the new hedge funds in our post-Lehman Brothers–Bernie Madoff world? In the aftermath of the economic meltdown, individuals lucky enough to have diversified their capital have commented on how well the value of art has held up compared to their stock portfolios, despite the downturn. The self-described “first real retail art fund,” launched this year by Castlestone Management in London, is now offering their “Collection of Modern Art,” which includes works by Yue Minjun and Liu Ye. Castlestone insists that they only invest for the long-term, and that

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