Why banks see opportunity in advising art collectors
After a long price correction in the art market, Bank of America is expanding its advisory services for collectors — and it's not alone.
After a long price correction in the art market, Bank of America is expanding its advisory services for collectors — and it's not alone.
Family offices—mini-investment firms set up by the super rich to manage their personal wealth—have poured more and more cash into direct lending, Preqin says.