BT Money Hacks Podcast: Art investments outperformed S&P 500 over last 25 years

Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.

The art market consistently returns 7.6% to investors and contemporary art investments have outperformed the S&P 500 over the last 25 years. But investing in fine art carries big risks. Artwork does not generate any ongoing cash flows, like interest payments or dividends. So is art investing now a good hedge against inflation?