Overstone brings Real-Time Risk Analysis to Asia
Overstone is proud to announce Sophie Brown as part of the company’s International Team to support growing demand for the use of art as asset. Sophie will bring two decades of financial services experience to Overstone’s team, and will be responsible for developing new business relationships, promoting products & services across Asia.
Sophie began her career as a Chartered Accountant at PwC, before moving into M&A and debt structuring. Having served as Finance Director of several companies, Sophie brings an extensive network of HNWI, Family Offices and established financial institutions.
CEO Harco van den Oever had to comment, “We’re delighted to bring more focus to our global reach. Sophie is a wonderful addition to our team and there are lots of opportunities for collectors to capitalise on their collection.” Collections require in-depth knowledge to manage over time, from storage to acquisition. Overstone’s risk profiling products can give real-time access to the data of a collection and easy to understand reporting, with full service end-to end support for transactions.
Art has long been considered a passion investment, with 75% in private collections considered “dead” assets, unleveraged and amassing maintenance costs. In Asia particularly, art has been an attractive prospect for young collectors as a value-preserving asset, and risk management tools like Overstone’s offer a happy medium that supports the use of art as a financial asset.
“Asian wealth management is such an exciting space to be in. I’m thrilled to be working with such a bright team with such unique products,” Sophie Brown said of her appointment. Art assets incur legal and maintenance costs balanced against potential price appreciation, so understanding the full financial potential of an artwork is only the next level towards a holistic wealth management strategy.
To contact
Sophie Brown sbrown@overstoneassociates.com
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