Research On The Development And Evolution Of Art Investment Funds

The thesis traces back the foundation of the existence of the art investment fund.With the cases studies,it states the characteristics of each stage and discovers the nature and principle of art investment fund development.The nature of the art investment fund includes 3 aspects: economic,cultural and social status.They relate to each other and shows differently according to various social environment.Besides,the value chain of art investment funds decide 3 influential elements of the principles of art investment fund development.They are the value of arts asset,opportunity of investment,and the risk.The value achieving and increasing of arts asset is the core of art investment fund development.Meanwhile,art investment fund development is also influenced and restricted by the opportunity and the risk.It cannot be limited to pure or simple financial tool when people try to understand art investment fund,which involves cultural and social interactive relations.