
Art as an Alternative Asset Class
Art today, is defined by its relationship to wealth as never before. Prices of Artworks have been driven to unprecedented heights, as conventional boundaries within the Art world have rapidly collapsed. A recent example, being the record sale held by Sotheby’s, for Artworks produced by Englishman, Damien Hirst, which attained a record $200 million on the very eve of the bankruptcy of Lehman Brothers.
The changing role of the CFO and the finance function.
The search for today’s CFO is one heck of a challenge.
The role of the CFO is evolving such that it requires razor-sharp intelligence, the ability to deliver instantaneously and a whole lot of charming influence. It is safe to say that the CFO in under intense scrutiny, both internally and externally. Below are just some of the evolving requirements preoccupying CFOs in the current economic climate.