Art as an Investment Option

The validity of Islamic art as an investment

This paper investigates the validity of Islamic art as an investment product. We examine the current and future market potential, as well as, performing a hedonic regression analysis on London auction sales from 1998 to 2007. The main findings of the research are; Islamic art returns out performed both the equity and debt markets over the last 10 years; increases in oil prices have a positive e...

Art as an Investment: Risk and Return Characteristics of Chinese Contemporary Art by

Testing as an Investment

Software testing is an expensive and important task. Plenty of researches and industrial efforts have been invested on improving software testing techniques, including criteria, tools, etc. These studies can provide guidelines to select suitable test techniques for software engineers. However, in some engineering projects, business issues may be more important than technical ones, hence we need...

A study on investors’ attitude towards mutual funds as an investment option

In this paper, structure of mutual fund, operations of mutual fund, comparison between investment in mutual fund and bank and calculation of NAV etc. have been considered. In this paper, the impacts of various demographic factors on investors’ attitude towards mutual fund have been studied. For measuring various phenomena and analyzing the collected data effectively and efficiently for drawing ...

Art as an Investment and the Underperformance of Masterpieces: Evidence from 1875-2000

This paper constructs a new data set of repeated sales of artworks and estimates an annual index of art prices for the period 1875-2000. Contrary to earlier studies, we find art is comparable to government bonds as an investment, though it significantly under-performs stocks in the US. Art is also found to have lower volatility and lower correlation with other assets, making it more attractive ...