Rolling Art Advisors: Classic Car Fund Seeks Investors Looking for Automotive Treasure

New York City, NY, September 2, 2015 (Newswire.com) - A new fund is trying to provide investors with greater access to an emerging asset class that boasts little correlation to volatile equity markets: Collectible cars.

Rolling Art Advisors is current in the market to raise a fund of $25-$50 million to acquire a portfolio of 8-12 limited production collectible sports cars which the firm contends will equate to automotive treasure. "We are really taking a page out of Larry Fink's book at Blackrock" says Marc Sharinn, co-founder of Rolling Art. Sharinn argues that classic cars are a high form of fine art sculpture and are great vehicles to store and grow wealth, especially in this persistently low rate environment.  

"Classic cars are just now rightfully being recognized as the new high art form, as they exemplify master craftsmanship, beautiful elements of design and engineering excellence. In relationship to the prices paid for paintings and less elaborate works of sculpture in today's market, we feel the classic car market is significantly undervalued."

Joshua Wekstein, Founder

Fink has recently stated that contemporary art is one of the greatest vehicles to store wealth today. Looking at the beautiful sheet metal work of the Shelby Cobra or the soft lines crafted out of carbon fiber composites by the likes of Pagani , it is not hard to argue that classic cars qualify as a form of contemporary fine art sculpture. 

Collectible cars as an asset class have long been favored for its lack of correlation with other markets, particularly equities. "The collectible car market moves in negative or near negative correlation to equity markets,” noted Rolling Art’s Joshua Wekstein, a manager and founder of the fund. “In this environment, who wouldn't want to reduce their portfolio's correlation to the volatility of the stock market?" 

Rolling Art co-founder and fund manager Marc Sharinn explained that some high-end collectible sports cars can sell for $5-$10 million dollars apiece, with a rare McLaren F1 selling at auction recently for over $13 million. "These cars come at a tremendous expense, making direct investments in the space nearly impossible for most. Our fund solves that problem by offering fractional ownership and expert outsourced management and promotion of ultra-rare assets "says Sharinn. 

The fund is focused on acquiring Marques possessing various desirable characteristics, such as being limited in number, having historical significance, or being highly innovative in terms of engineering or design. 

Like fine art, the prices of many high-end collector cars have risen sharply in the recent years, with the average value of German post-war cars nearly tripling since 2010, according to collectible car experts Hagerty. Between 1980 and 2011, classic cars in general have returned 12% compounded annually, according to Rolling Art.

Of course, such markets can overheat quickly, and the lack of liquidity can hurt as well as help. But this world is heavily dominated by the global 1%, which is generally better insulated against the ups and downs of economic cycles than your average investor making this fund worthy of consideration during volatile market periods, like now. 

Wantagh, NY-based Rolling Art LLC was formed in June of 2013 to establish proof of investment principle by acquiring several limited production high-end classic sports cars. No additional details about the fund were immediately available.

For more information contact:

Joshua Wekstein at:

[email protected]

Or Visit:

www.Fundable.com Keyword Rolling Art