The AMR post-war art 50 index focuses on 50 key artists of the post-war period whose work ranges from 1950-1980 period. It does not cover the more speculative contemporary market.
The new index is expected to mimic the performance of the Collection of Modern Art fund which invests specifically in post-war art from deceased or non-producing artists.
It will uses a database of art auction results going back to 1985 to analyse and report on historical and current trends within the post-war art genre.
Like AMR’s art 100 index which tracks the art market, the new launch will enable institutional and retail investors to gain exposure to the post-war genre of the art market in a similar way to an exchange traded fund.
Castlestone Management currently manages the Collection of Modern Art fund.
Senior art advisor Constanze Kubern says: “We are creating, in a sense, the world’s first passive art investment tracker fund, focusing on the post-war genre. We intend to hold representative pieces from all the artists listed in the index in order to mimic its performance. We hope that this will give investors more confidence that art, and our fund, is an investable, analysable asset class, just like any other.”