Step 2: Rising prices for Russian artists - truth or myth?

On April 21 second discussion "Step 2: Rising prices for Russian artists - truth or myth?" was held. This time we deepened into the problem of price formation in the primary market and its subsequent dynamics. Among the invited experts were: Irina Stepanova, CEO of Sotheby's Russia, Sergey Popov, gallery owner and art historian,Vladimir Shabason, Strategy director of Myinvest investment art platform, and Andrey Cheglakov, the chairman of Board of Directors at "New Cloud Technologies", collector and philanthropist. The discussion was moderated by the Culture Editor at Forbes magazine, Yana Zhilyaeva.

What does the price for an art work consist of? What influences its further growth? Is it worth considering Russian contemporary art as an investment at all? And which financial institutions in Russia are already integrating art into investment portfolio?