Snapshot from the conferenc... GAIM International is the worlds largest hedge fund conference. It has ... más GAIM International is the worlds largest hedge fund conference. It has been running for 15 years and regularly attracts over 300+ investors and 400+ asset managers. The 2010 conference takes place from 14 - 17 June at the Grimaldi Forum, Monaco.
In a showcase of unusual top performing funds, Philip Hoffman presented The Fund Art Fund as an alternative alternative.
Philip explained to the Spotlight Series, that investing in art is not as alternative as some might think. Some of the wealthiest families in the world have probably made more from their art investments that all their equities & bonds. Art is a great long-term value store, it outstrips inflation and is tax efficient. The Fine Art Fund has traded out every asset at an average IIR of 31%. And right now, there is a negative correlation between the art market and the equity markets where world record prices are being achieved at a time of economic austerity.