Top British Art Consultancy Targets Russian Collectors

By: Nastassia Astrasheuskaya
MOSCOW (REUTERS).- Top British art consulting firm Art Market Research (AMR) said on Monday it plans to offer its services in Russia, where growing investment interest in art and antiques presents a huge growth opportunity. London-based AMR, which counts auction houses Christie’s and Sotheby’s as clients for its art indexes and market analysis, said it hopes to raise 500,000 euros ($706,700) by end of year and team up with Russian representative company Kollection. “Russia is a country of vast opportunities. I am convinced of the great potential of its art market as well as in the swift development of the Russian banking system,” AMR’s director Robin Duthy said in a statement. “I am certain there is a tremendous need for complex investment analysis in Russia’s arts and antiques market.”