Do you know your Lowry from your Hockney, or your Sickert from a Paul Henry? Whilst many of us might recognise the most famous artists, we would struggle to know if a painting is a good investment, or just a pretty picture to hang on a wall. To answer some of these questions Standard Bank’s Private Clients division is to host an Art Investment evening for its clients with Giles Peppiatt from Bonhams in London.
Do you know your Lowry from your Hockney, or your Sickert from a Paul Henry? Whilst many of us might recognise the most famous artists, we would struggle to know if a painting is a good investment, or just a pretty picture to hang on a wall. To answer some of these questions Standard Bank’s Private Clients division is to host an Art Investment evening for its clients with Giles Peppiatt from Bonhams in London.
There is a growing interest in alternative investments in the form of tangible assets such as stamps, coins, wine, vintage cars and art. Deon de Klerk, Head of Private Clients for Standard Bank said they are seeing a bigger appetite for more diversified portfolios: ‘High end collectibles are now more likely to be considered as investments. However, like all areas of serious investment, you have to know your market and you need expertise, that’s why we’ve asked Giles to talk to our clients and answer the question, is it an investment you make with the head or the heart, and what return can you expect from an art purchase – monetary or aesthetic?’
Giles is a Chartered Arts & Antiques Surveyor and has been with Bonhams since 1989. He is the world’s leading expert on South African art, and introduced the first ever London sale devoted to South African artists in 2007, which has established London as the global centre for South African art. Giles advises both institutional and private clients on their collections.