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MIAMI–(BUSINESS WIRE)–

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UBS, All-around Lead Partner of Art Basel for over 25 years, will bang off the aperture of Art Basel Miami Beach (December 6-9, 2018) with the absolution of a new report, analysis the attitudes and behaviors of US-based wealthy fine art collectors. According to the 2018 Art Basel and UBS All-around Art Bazaar Report, the U.S. connected to authority able as the arch bazaar for the world’s top 200 collectors, of whom 50% are based in the U.S. Moreover, 68% of all-around art dealers additionally cited the U.S. amid their top three best important client nationalities.

“Art Basel in Miami Beach sits at the antecedent of North America and Latin America and we accept had absurd absorption in the appearance from above our all-around accession association this year. With able abstracts and aplomb in the U.S. art market, Art Basel in Miami Beach is assured as a key destination for collectors,” said John Mathews, Head of Ultra High Net Worth Americas at UBS All-around Wealth Management.

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The UBS Lounge will affection a unique book on wallpaper, War of the Roses [Sound Graph], by painter and filmmaker Sarah Morris created abnormally for the show, as able-bodied as works by Morris from the UBS Art Collection, including a anew acquired painting, Precious Stone [Sound Graph], 2018. The UBS Lounge will additionally feature work by avant-garde masters Frank Stella and Howard Hodgkin.

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Works by all three artists will also be featured in the anew adapted antechamber of UBS’s Midtown New York address at 1285 Avenue of the Americas, to be completed in aboriginal 2019.

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In the accessible breadth of the fair, the UBS Art Studio will bless changeable mentorship in the art world. Additionally, UBS’s Project Entrepreneur will partner with Leche Lounge, founded by Stephanie Conduff, to action a mobile lactation apartment in the West Lobby that will be available to the public for the continuance of the fair. Project Entrepreneur is UBS’s flagship altruistic initiative which aims to access the activity of changeable founders, and is allotment of the firm’s all-embracing charge to active appear a added across-the-board mural for entrepreneurs.

In addition, UBS and Village Capital will host a appropriate altercation on across-the-board entrepreneurship on Saturday, December 8 in the UBS Lounge. The event will assemble a accumulation of early-stage startup investors, changeable founders, and business abutment organizations from Miami and beyond, for an important chat on how to level the arena acreage for underrepresented founders.

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To accompany with Art Basel in Miami Beach, UBS has surveyed the attitudes and behaviors of US-based wealthy fine art collectors, in a appropriate copy of its Investor Watch Pulse Report. The allegation will be released the anniversary of December 3. For added advice and to apprehend antecedent versions of the report, amuse visit: ubs.com/investorwatch

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www.ubs.com

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© UBS 2018. All rights reserved. The key attribute and UBS are amid the registered and unregistered trademarks of UBS.

View antecedent adaptation on businesswire.com: https://www.businesswire.com/news/home/20181127005128/en/

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