Art Tactic Podcast: Javier Lumbreras on successfully managing an art investment fund
In this week’s episode of the ArtTactic Podcast, Javier Lumbreras, CEO of Artemundi Management Limited, joins us to talk about his recently closed art investment fund as well as the art fund industry. First, Javier reflects on his first fund and shares with us his five golden rules for managing a successful art investment fund, a rarity in the art world. Then, Javier identifies some of the challenges and obstacles he faced when launching and managing the fund that he didn’t foresee. Also, he speculates as to why more art funds haven’t successfully launched in the art world given its appeal as an alternative asset. Lastly, given that the art market and macroeconomy have changed over the past five years, Javier details to what extent he will modify his strategy and approach for his second fund.