National Post- In the face of a spectacular run-up in global markets, savvy investors are plunking down dollars in more unconventional assets. And, in some cases, they are using complex, perhaps daring and dangerous, methods to maximize their bucks.<\/p>\n
Take art, for example. Investing in this exotic and illiquid market is nothing new. But cobbling together an art hedge fund adds a new twist, and it is the exclusive domain of Art Trading Fund, an outfit halfway through a ?25-million ($53-million) fundraising drive. Roy Petley, an artist who counts the late Queen Mother among those who have bought his work, is on the five person team working on this new fund.<\/p>\n
Combine Mr. Petley’s art smarts with the calculating approach of a more traditional risk arbitrageur, Chris Carlson, and the art world has a new beast scouting galleries and trading derivatives to offset risk.<\/p>\n