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The new must-have piece of art is neither something that can be hung on your wall nor a digital print of a bored animal on a non-fungible token. The latest art trend is owning just a fraction of a seriously expensive piece of artwork (think Pablo Picasso or Andy Warhol) as a way of flexing your wealth and artistic grandeur.
This is less about appreciating brushstrokes and more about appreciating your net worth — you don’t receive anything physical to show for your money, unless you want to print off your ownership certificate.
European investors can purchase a minimum €50 (£43) fraction of a piece of art via the service Artemundi. On offer is a Picasso, a couple of Salvador Dalís, a Marc Chagall
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