BREAKING: JPMorgan reports that luxury art financing has grown by 90% and outperformed the S&P 500. JPMorgan reports a 90% growth in its art financing portfolio over the past three years.

After a couple of years of decline, the luxury art market is making a comeback for high net worth investors, according to JPMorgan.
Alexandra Levitt Reach, senior lending specialist at JPMorgan Private Bank, told BI that her firm's art financing portfolio has grown by 90% in the last three years.
Furthermore, a recent report by Art Basel and UBS showed that public and private sales increased by 6% to $25 billion by 2025, breaking a two-year decline.