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Art market defies credit crunch

Following release of the Capgemini-Merrill Lynch World Wealth Report on 24 June, CNBC looks at arts in the current volatile environment.

27 June 2008

Publication

A Monet water-lily painting sold for $80 million this week, a record for the artist. Jussi Pylkkanen, president of Christie’s Europe and Middle East, and Nick Tucker from Merrill Lynch.

To view the interview in full at CNBC.com, click here.

To download the 12th annual World Wealth Report, click here.

To read the press release on how the emerging markets are fuelling growth, click here.

To read the press release on increase of individuals joining the millionaires’ club, click here.

To read the press release on the rise of investments in luxury items, click here.

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