Signs of renewed confidence in the art market

Hedge fund manager puts on Sotheby's exhibition

There are signs that the art market is coming back to life, having has a tough 18 months. New research suggests that 70% of collectors are looking to buy.

The latest report from the Art Market Confidence Index, published by website Artprice, shows confidence in buying art has risen 28.3 points in the last six weeks, from a record low of -20 at the end of January, to 8.3 today.

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