Asians, women show momentum and banks tumble in Art Review’s Power 100 2008

INFLUENCERS ART

Art Review monthly magazine has published its Power 100 list for 2008.  Produced annually since 2001 it is a ranking of the most influential participants in the art world and includes artists, gallerists, auctioneers and collectors.

Trends this year include

• Higher rankings and numbers for women in a market tradtionally dominated by men – Kathy Halbreich is first woman to appear on her own in the top 10. Ranked third, behind Hirst and gallerist Larry Gagosian, she is the newly appointed Associate Director of MoMA, New York.
• Tumbling influence of banks  – as the global credit contagion spreads, financial institutions take a tumble  with both UBS and Deutsche Bank, longtime key art sponsors, ranked 62 and 63 respectively in 2007, falling off the Power 100 in 2008. 
• Asian participants showing momentum or appearing for the first time.

Takashi Murakami (28), a superbrand not dissimilar to Damien Hirst’s model comes in at 61 places above his 2007 ranking for a year that saw a major exhibition of his work, including a Louis Vuitton store selling Murakami’s own branded products, travel across the US and draw record numbers of museum goers.

Ongoing artistic and financial strength in emerging markets has seen new listings for collectors Roman Abramovich and Dasha Zhukova (54) and a strong rise by Chinese artist Cai Guo-Qiang (69, from 99 in 2006), with first-time appearances by the Beijing-based Long March Project (93) and Delhi-based gallerist Peter Nagy (95).

 

Asian artists

• Takashi Murakami no 28 (Japanese) wiki site
• Ai Weiwei no 47 (Chinese)
• Cai Guo Qiang 69 (Chinese) wiki
• Subodh Gupta 92 (Indian)  pics
• The Long March Project 93 (Chinese) pics  site

 

Collectors from Asia

• Sheikh Mohammed bin Zayed al Nahyan no 30
• Roman Abromovich and Daria Zhukova no 54

Asia-based gallerists

• Peter Nagy Artkrush interview

Entrants are judged on the following four criteria, each of which carries a 25 percent weighting.

1. Influence on art development: entrants must exert influence over the type, style and shape of contemporary art being produced in the previous 12 months.

2. International influence: as the list is international, entrants must exert influence on a global scale rather than as big fish in small-to-medium ponds.

3. Financial clout: entrants are judged on the extent to which they have shaped, moulded or dominated the art market, whether as artists, dealers or collectors.

4. Activity within the last 12 months: entrants are judged on having actually done something during the period September 2007 to August 2008. It’s not enough to sit on your powerful behind.

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Western art advisors turn to Asian new media art for their corporate clients – International Herald Tribune

NEW MEDIA ART FROM SOUTH EAST ASIA FOR COLLECTORS

Fortune Cookie projects, an art consulting service with clients who include Clifford Chance, Hermes, UBS and Saatchi, plan to set up headquarters in Singapore this year and they are on the look out for Asian new-media artists whom they can introduce to the West.

“Chinese artists have been the flavor of the month for the last five years,” founder Rutkowski said. “That will not cool, but it will change a bit. International collectors that went in early have got their works and they won’t buy an artist that they got for $20,000 a few years back for $4 million now; if anything, they’re going to sell. So many are looking along the Silk Road, and there is a very strong interest in the Southeast Asian region.”

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UBS collecting video and global art, showing four decade survey National Art Museum Beijing to Nov 2008

CORPORATE COLLECTORS SHOW 

Moving Horizons: The UBS Art Collection 1960s to the present day, National Art Museum of China, Beijing, 29 September – 4 November 2008

 
The UBS Art Collection embodies four decades of collecting, from the 1970s to the present day. Most of the works from the 1960s-1980s were assembled for an American investment company, PaineWebber, which was acquired by UBS in 2000. These works joined the artworks that UBS had been collecting for its sites across Europe to form what is today The UBS Art Collection.

Change in collecting pattern: local to global

The Collection reflects the change in collecting from local to global, from a world in which most artists lived in the country where they were born and the art market was led by New York City, to a world in which artists migrate or divide their time between continents, and the art market has multiple centres across the globe. The Collection also reflects the change in visual arts practice from one that was prescribed by movements to one that is diverse and fluid.

1960s: pop art

This exhibition of approximately 150 works demonstrates these changes. Beginning with a large group of Pop Art prints and drawings by artists including Jasper Johns, Roy Lichtenstein, Robert Rauschenberg, Andy Warhol and Edward Ruscha, the exhibition then presents a group of prints and drawings by Minimalist artists such as Ellsworth Kelly and Frank Stella.

1970s: conceptual art

The 1970s ushered in a quieter conceptual aesthetic, represented in the exhibition by Vija Celmins and, although very different, Alighiero e Boetti. Here too is Chuck Close, who used a structure of grids and symbols in his multiple series of portraits.

1980s: explosion of figurate painting

Then came the explosion of highly expressive figurate painting in the 1980s. Reacting against the performance-based and ephemeral conceptual practice of the 70s, these paintings and drawings often contained personal metaphors to reflect the lives of their makers. In Italy Sandra Chia, Francesco Clemente, Enzo Cucchi and Mimmo Paladino were grouped under the banner of Transavantguardia. In Germany Neo-Expressionists such as Georg Baselitz had an influence on the younger sculptor Stephan Balkenhol, included here, and painters such as Eric Fischl, Susan Rothenberg, David Salle and Julian Schnabel received wide acclaim in the United States. The British artist Lucian Freud had consistently focused on figurative painting since the 1940s, but didn’t receive international attention until the 1980s, the decade marked by this “return to painting’. He is represented in the exhibition by both paintings and prints.

1990s: photography and YBAs

In the 1990s photography was a critical medium, used to record the physical world with apparent objectivity by artists such as Andreas Gursky, Thomas Ruff, Peter Fischli/David Weiss, Candida Höfer and Beat Streuli. The ’90s was also the decade of the much fêted ‘YBAs’, the group of young and savvy British artists represented here by Damien Hirst, Tracey Emin, Gary Hume and one of their mentors, Michael Craig-Martin.

2000 on: global diversity, migration and video

By 2000 thriving markets were by now established across the globe – from Mexico City to Mumbai, from Berlin to Shanghai. Biennials and triennials in Brisbane, Yokohama, Istanbul, Sarjah, São Paulo and Singapore, to name a few, had shifted and expanded loci of interest, and The UBS Art Collection now hopes to mirror this diversity and expand the possibilities for displaying art in its corporate environment with the acquisition of video in particular.

Navin Rawanchaikul

The final part of the exhibition includes large-scale photo-based installations by American artist Susan Hiller and Chinese artist Xu Zhen as well as videos by Chinese artists Qiu Anxiong and Cao Fei, as well as Chen Chieh-jen from Taipeii, Navin Rawanchaikul from Thailand, Adrian Paci from Albania and Oscar Muñoz from Colombia. Their work addresses political concerns pertinent to their own experiences, but relevant across the world, issues of rapid industrialization, migration, memories of painful pasts and hopes for brighter futures.

Joanne Bernstein, Curator, The UBS Art Collection, May 2008

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