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LOOKING AT ART WITH A “CRITICAL FINANCIAL EYE”

THE ART MARKET

For Bruce Taub, life isn’t about imitating art, it’s about selling a stake in it. As the estimated $25 billion art economy draws a wider range of investors, Taub’s firm is readying the first US funds catering exclusively to them, Reuters reports. Fernwood Art Investments LLC, with offices in Boston, New York and Miami, will launch two funds in the second quarter. Besides buying and selling art in the same way equity funds invest in stocks, the firm will provide tools for investors to gauge pieces with a more critical financial eye.

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