Money

Larry Fink: Contemporary art and luxury apartments are the new gold (GLD)

Published

April 23, 2015

A report from Bloomberg on Tuesday cites comments from Fink at a recent conference in Singapore where the executive said: “The two greatest stores of wealth internationally today is contemporary art … and I don’t mean that as a joke, I mean that as a serious asset class. And two, the other store of wealth today is apartments in Manhattan, apartments in Vancouver, in London.”..

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By Myles Udland

Journal Standard

In this article:Singapore, New York City, BlackRock, Finance, Economy of New York City

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