equity gilt study shows combining Art with equities provides good portfolio diversification
Art has an investment role as a diversifying asset, although optimum returns require it to be held for at least 35 years, according to research by Barclays Capital. The group's Equity Gilt Study 2005 showed the asset performs best in periods of above-trend inflation growth when it returns on average 9.23%, although it suffers when growth slows. Sreekala Kochugovindan, fixed income strategy analyst at the group, argued that combining art with equities, which prosper in high growth, low inflation environments, provides good portfolio diversification. But she warned: "In order to receive ...
To continue reading this article...
Join Investment Week for free
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes