The Contemporary Art Market in Poland - Paintings

Abstract

Alternative investments are very popular among investors in the period of economic downturn. During the last period of time, the art market, especially the market of painting has became very popular segment of alternative investments. The extension of the investment portfolio of works of art leads to efficient portfolios curve shifts upwards. This fact means that the portfolios, which include works of art can bring higher returns with the same level of risk than investment portfolios without this group of assets. The paper presented the current prevailing trends in the Polish art market in the paintings as well as the factors determining the development of this market.

Keywords: Art banking, art investment, art market in Poland

JEL Classification: G24