SINGAPORE (Nikkei Markets) -- As alternative investments go, the market for fine arts has long been characterized as being both opaque and illiquid. But, according to participants and observers, the business is gaining depth, with the emergence of new collectors among wealthy millennials and women.
The trend, alongside changing tastes and the growth in online platforms, could reduce the influence of galleries as well as lower transaction costs and make prices more transparent for both artist and collector.
