從國外藝術基金之經驗評估在台灣推行藝術基金之可行性

Abstract

近年來在歐美國家及亞洲出現許多藝術基金，對藝術有興趣之投資人藉此得將其投資標的多角化延伸至藝術領域。雖然藝術基金在西方國家已盛行多年，台灣尚未有藝術基金之成立，其原因包括台灣法令之限制及藝術品之公平評價方法或制度之欠缺等。鑑此，本論文分析歐美國家及中國大陸藝術基金之經驗，包括藝術基金之管理策略、架構、資產評價、風險、法律環境等，並進一步估在台灣推行藝術基金之可行性及提出建議方案，以利未來在修法後得以在國內逐步推動藝術基金。

There have been numerous art funds emerged in western countries as well as in Asia in recent years, through which investors interested in art have been able to diversify their investment portfolio into the art market. Even if art funds are quite popular in western countries, there is no official art fund set up in Taiwan due to various reasons, in particular, the strict laws in Taiwan and the lack of fair valuation approach or system to valuate art assets. This thesis is to study the art funds in foreign countries in terms of art fund management, strategy, structure, asset valuation, associated risks and legal environment, and further explore the feasibility of setting up art funds in Taiwan. Recommendations were also made in this study to facilitate the incubation of the infrastructure of art funds in Taiwan under a more relaxed legal environment in the future.