Art Collecting Today

In this special episode, journalist Anny Shaw investigates some of the most important findings from the Art Basel and UBS Art Market Report 2022. She speaks with Chief Economist of UBS Global Wealth Management Paul Donovan and collector Amitha Raman about the impacts of the current economic crises and Brexit on the art market and collecting habits, as well as the effects of globalization versus localization. “Online art fairs gave a lot of transparency,” Raman notes. “We were able to view a lot of work and understand pricing for a lot of artists in a very efficient way.” The three also address the ways in which buzzwords like ‘sustainability’ and ‘diversity’ have—or have not—been practically applied in the market sector. Plus, Shaw asks, what’s in store for 2023?