Inside the Risks of Investing in Art

Once seen as a pure passion play, art has become deeply intertwined with finance, credit, and wealth planning. As prices fluctuate and liquidity tightens, collectors face new risks alongside opportunity. We speak with longtime collector and investor Peter Kraus, Citi art-finance head Fotini Xydas, Fine Art Group president Anita Heriot, and auction veteran Edward Dolman about how today’s art market works.