Banque Havilland has launched a new service designed to provide its clients with access to expert insight and guidance into the world of art. The service will cover the entire collection process from auction representation and acquisitions to collection management, divestment and art finance.
Venetia Lean, Director, Banque Havilland S.A. commenting on the new service: "With the current economic uncertainty we see art becoming increasingly viewed as a diversification tool. It provides investors with a ‘real’ asset and has a low correlation with traditional investments such as bonds and equities. Coupled with the development of Luxembourg as a centre for Art and Finance, with the new Freeport scheduled for Q3 2014, we feel that this new service offering will be highly relevant and of value to our clients."
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In order to provide an unparalleled level of service and expertise the Bank has partnered with the leading international art advisory firm, 1858 Ltd.
1858 Ltd., headquartered in London, provides an array of services to international institutions and private collectors. These services come in the form of discreet and confidential advice across all sectors of the art market including antiquities and collectibles, Old Masters, Impressionists, Modern and Contemporary.
Harvey Mendelson, Managing Director, 1858 Ltd. commented: "We are very pleased to be selected as Banque Havilland’s exclusive art advisory partner and privileged to provide their clients with discreet, independent and impartial art advisory services. Clients will benefit from our risk mitigation strategies and tailor-made solutions.
We very much look forward to working hand in hand with the Banque Havilland teams in Monaco, London and Luxembourg."
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