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Stock impact report

Over Half Of Fine Art Collectors Have Purchased A Piece Online Sight Unseen, Reveals New Report By UBS Global Wealth Management

UBS Group AG Registered Ordinary Shares (UBS) 
Company Research Source: Business Wire
New UBS Investor Watch Pulse Report, “Art in Motion,” reveals insights on the behaviors and buying trends of U.S.-based high net worth collectors Key Findings: 58% of fine art collectors have bought a piece of art without ever having seen it in person—a percentage that has more than doubled from last year (26%) 84% of collectors are either always looking or opportunistically looking to add on to their collection with 58% planning to add to their collection in 2019 57% see the artist’s gender as a determining factor when purchasing art, with 70% expecting to purchase works by women in the next year MIAMI BEACH, Fla.--(BUSINESS WIRE)-- UBS Global Wealth Management released today a new report that unveils the majority of art collectors are going online and using social platforms to stay at the forefront of the art market year r Show less Read more
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