Mirabaud is a Swiss private bank that has been in operation for over 185 years. The bank is headquartered in Geneva and has offices in Zurich, London, Paris, Dubai, Montevideo, and Luxembourg. Mirabaud focuses on three main business areas: private banking, asset management, and investment banking. The artworld is one of the most important markets for the private banking sector.
In 2016, it launched an art advisory service with the aim of supporting its clients in their art collections. The service is led by Elisabeth Faure, who has over 25 years of experience in the art world. Faure and her team advise clients on building and managing their collections and art-related investments. The art advisory service is just one way in which it supports the art world. The bank is also a major sponsor of Art Basel, the world’s largest art fair. In addition, it has its own art collection, which includes works by Swiss artists such as Fischli & Weiss and Pipilotti Rist.
The art world is an important market for private banks like Mirabaud, but it is also a challenging one. The prices of artworks can be volatile, and the market is often opaque. That’s why it has made supporting the art world a key part of its business strategy. By investing in the art world, it is not only supporting its clients, but also helping to make the art world a more sustainable place.
According to Faure, “The art world is changing, and private banks need to change with it. We see more and more clients interested in investing in art to support the artists they love and the institutions they believe in. That’s why we’re focusing on making it a leader in art-related investments.” Also, “their goal is to help our clients build meaningful collections that will stand the test of time”. See this page for additional information.
Find more information about Mirabaud on https://www.jobup.ch/en/enterprises/2493-mirabaud-cie-sa/