INVITATION to join the HK Business Network for a discussion on the joys and risks of building your Asian art collection with leading professionals
Is Art for beauty, for profit, or both? The art market has proved a resilient diversifier in stock and bond market downturns - yet remains volatile. As with all investments the trick is in selection and timing, but that is not the whole story.
We are privileged to have two renowned Asian art experts, Calvin Hui (co-founder of 3812 Gallery) and Colin Sheaf (former Deputy Chairman of Bonhams/ Chairman of the Percival David Foundation) to give us their insights into the selection and sale process, together with Holly Samuel of Forsters LLP, who will discuss the potential pitfalls faced by buyers and sellers.
This seminar aims to give you a holistic overview of the art market with Chinese characteristics, from sourcing the art, protecting your investment, through to the end game of selling or inheriting.
Date: Tuesday 21st February 2023
Time: 6 – 9pm (6.30-7.30pm seminar; 7.30-9pm networking canapés and drinks)
Venue: Mayfair location
This event is free to all HK Business Network members. Non-members may attend at a charge of £30 to be paid in advance.
Please register your interest with Fiona Duong at communications@hkas.org.uk indicating your full name, organisation and job title.
SPEAKER BIOS
Calvin Hui
Calvin Hui is an acclaimed cultural entrepreneur, art advisor, collector and curator based in Hong Kong. Recognised as one of the leading figures in the local art scene, he has been active in promoting modern and contemporary Chinese art over the years, with a focus on promoting ink art.
Calvin’s art business has been expanding rapidly and internationally in recent years: he founded 3812 Galleries in Hong Kong in 2011 and expanded to London in 2018; appointed as the Co-Chairman and Director of FINE ART ASIA from 2011 to 2017 and was the Founder and Director of INK ASIA from 2015 to 2017. In 2018, Calvin announced the establishment of INK NOW, the world’s first cultural brand specialising in the promotion of contemporary ink art. Hui was also appointed by Ms. Pansy Ho, Co-chairperson of MGM China Holding, as the art consultant and curator for building the Chairman’s Collection for the MGM Cotai project.
Holly Samuel
Holly is a Senior Associate in our Dispute Resolution team, and a member of Forsters’ cross-practice Art Group.
She advises on commercial disputes across a range of sectors and has particular experience in cases linked to personal/corporate insolvency and commercial fraud. Her art-related practice includes advising auction house, gallery and art brokerage clients on a wide variety of issues arising from the cross-border sale and export of high-value art; and/or their own corporate governance and risk management. She also advises artists and creators on the cross-border protection of copyright in their work, and issues arising from consignments, and private collectors regarding their ownership, consignment and sale of artwork.
Colin Sheaf
After 20 years in senior management positions, Colin Sheaf recently retired as deputy chairman and global head of Asian art at Bonhams to become an Asian art consultant with an emphasis on sourcing consignments. He remains an ambassador for the company.
Colin has spent five decades in the art world. Among his notable achievements has been helping to launch businesses in Hong Kong for both Christie’s and Bonhams, while the £24m Chinese art auction at Bonhams New Bond Street in November 2011 held under his leadership remains the highest total for an Asian art auction in Europe.
Colin is also the chairman of the Sir Percival David Foundation, one of the world’s finest private collection of imperial Chinese porcelain (currently on loan to the British Museum), and continues to lecture and write about Chinese art, handling charity auctions and advising friends and non-profit public institutions about art-related matters.
Patricia Boon (Moderator)
Patricia is a Partner in the Private Client department, working with high net worth individuals and families within and outside the UK, as well as with trust companies, family offices, and private banks. An expert in international tax and working with non-UK domiciled individuals, Patricia regularly travels to Asia, where she advises clients on family business succession and estate planning and family governance issues.
WITH GREAT THANKS TO FORSTERS, LLP