ARTDAI Unveils New Art Market Indexes on Bloomberg and LSEG for Investors

ARTDAI Expands Accessibility to Art Market Data

In a groundbreaking move for investors and art professionals, ARTDAI has announced the launch of seven new collecting category indexes. This innovation enables the financial community to track the performance of various segments within the art market, an opportunity that was previously unavailable. By integrating its data offerings into platforms like Bloomberg Terminal and the London Stock Exchange Group (LSEG), ARTDAI aims to bring auction performance into a sphere that was traditionally dominated by conventional assets such as gold and the S&P 500.

The New Indexes: A Breakdown

The new indexes launched by ARTDAI include:
ARTKAAC – All Collecting Categories
ARTKAMP – American Art
ARTKBRP – British Art
ARTKIMP – Impressionist/Modern Art
ARTKLAP – Latin American Art
ARTKOMP – Old Masters
* ARTKPWC – Post-War Contemporary Art

These indexes serve as a foundation for financial institutions, service providers, and art professionals, offering them the tools to better understand market dynamics and performance across various art categories.

Leveraging Data for Informed Decisions

The creation of these indexes stems from ARTDAI's expansive database, which includes numerous global auction records. This extensive collection is crucial as it allows users to benchmark art performance not only against each other but also against traditional asset classes. With around 500 additional sub-category and artist-level indexes accessible through ARTDAI's platform, users can analyze growth rates within specific segments, such as Women Surrealist Artists versus Ultra-Contemporary collections.

Co-CEO Alican Arcasoy expressed pride in ARTDAI's approach to index creation, emphasizing the analytical precision that sets ARTDAI apart in a crowded market filled with various art indexes. He noted that ARTDAI's rigorous methodology provides institutional partners with the reliability they need.

Custom Index Construction for Unique Needs

In addition to their standard offerings, ARTDAI offers customized index construction. This flexibility enables clients to model specific art market trends or develop indexes that correspond to their unique collection compositions.

Founder and Co-CEO Jamie LaFleur highlighted this need for flexibility, stating, "Many artists defy traditional categorization. We've made it easier for our clients to navigate this complexity and tailor indexes that reflect their expertise and market perspective."

About ARTDAI

Founded in 2017, ARTDAI specializes in providing art market data and analytical tools to a diverse audience, including advisors, appraisers, collectors, and institutions. By merging real-time market data with advanced analytics, ARTDAI enhances the decision-making processes for its users, delivering essential insights into art investments.

With offices located in Newmarket and New York City, ARTDAI continues to position itself as a leader in the intersection of art and finance, revolutionizing how both industries interact and grow.