About
Clare McAndrew, founder of Arts Economics, will discuss her mid-year snapshot of the global art market for Art Basel and UBS with Penta senior writer Abby Schultz ahead of a landmark series of New York auctions including the sale of Paul Allen’s US$1 billion collection.



Presenters
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Abby Schultz
Senior Writer, Barron's Penta
Abby Schultz is a senior writer for Penta, a Barron’s Group publication for wealthy individuals and families covering wealth management and philanthropy, as well as trends in collecting and owning art and wine, among other luxury goods. She joined Barron’s in October 2014 as the Penta Wealth Management Editor for Barron’s Asia in Hong Kong.

Abby covered the credit markets and money management industry for Dow Jones newswires in New York before freelancing and consulting for several years mostly on personal finance and other business and financial topics. Before rejoining Dow Jones, she was an editor in Hong Kong at IFR Asia, a Thomson Reuters publication focused on the capital markets.
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Clare McAnrew
Founder, Arts Economics, Author of The Art Basel and UBS Survey of Global Collecting 2022 (due to be published Nov 3rd)
Arts Economics is a research and consulting firm focused exclusively on research and analysis of the fine and decorative art market for private and institutional clients. The company was founded by Clare McAndrew in 2005. Dr McAndrew is a cultural economist who specializes in the arts, antiques, and collectibles markets. She completed her PhD in economics at Trinity College Dublin in 2001, where she also lectured and taught economics for four years. In 2002, Clare joined US firm Kusin & Company, a boutique investment banking firm specializing in art investment, as chief economist. After three years in the United States, Clare returned to Europe in 2005, and continued her work in the art market in a private research and consulting capacity for a global client base. She set up Arts Economics in 2005 to focus her efforts on art market research and analysis and works with a network of private consultants and academic scholars in different regions around the world providing research and consulting services to the global art trade and financial sector.

The Art Basel and UBS Survey of Global Collecting 2022

This is an international survey of HNW collectors focusing on their spending, travel and trade within the art market in 2022. Written by Dr. Clare McAndrew, founder of Arts Economics, and based on a survey of over 2,700 collectors in 11 key global markets conducted in collaboration with UBS, the report examines the willingness of collectors to travel and attend events post-COVID, as well as their changing sentiment towards buying locally versus internationally. The report also profiles the composition of their collections in terms of gender, artist status, and other key variables; and examines the international trade in art across borders.
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