Portfolio
Art through the ages.
AGF’s asset diversification covers over 500 years, ranging from XV Century art to the art of the XXI Century.
Some 16% of the portfolio is dedicated to Old Master; 32% to late XIX Century and XX Century masterpieces inclusive of Impressionism, Post-Impressionism, and Modern; 20% is invested in Modern Latin-American art of the XX century; and 16% focuses on Post-War and Contemporary art from Europe and the US as well as from emerging markets such as China, Russia, and India. The remaining 16% is kept available for short-term opportunistic transactions. The latter allows the Fund Manager to act expeditiously to take advantage of unanticipated market opportunities.
It is anticipated that the final portfolio will boast between 150 and 200 works of art, from Claude Monet and Henri Matisse to leading modern artists of Latin American origin, such as Frida Kahlo, Wifredo Lam, Roberto Matta and Joaquin Torres-Garcia. We target smaller format paintings from which we can expect good financial returns. Collecting small ‘gems’ can pay off in a big way. This is a particularly timely strategy for today, as during periods of economic retrenchment, small, high quality paintings bring a proportionately greater return on capital. The reason? A combination of lower costs, reduced requirements for wall space and the feeling of intimacy that such paintings produce.