Art Basel in Miami Beach: UBS Announces Plans for Monumental Sarah Morris Wall Painting at NYC Headquarters

Miami (ots/PRNewswire) -

- UBS will release new insights into US-based collectors' behaviors
and buying trends in a special Investor Watch Pulse Report
- UBS Lounge to feature abstract artworks by Sarah Morris, Frank
Stella and Howard Hodgkin from the UBS Art Collection

UBS, Global Lead Partner of Art Basel for over 25 years, will kick
off the opening of Art Basel Miami Beach (December 6-9, 2018) with
the release of a new report, surveying the attitudes and behaviors of
US-based wealthy fine art collectors. According to the 2018 Art Basel
and UBS Global Art Market Report, the U.S. continued to hold strong
as the leading market for the world's top 200 collectors, of whom 50%
are based in the U.S. Moreover, 68% of global art dealers also cited
the U.S. among their top three most important buyer nationalities.

"Art Basel in Miami Beach sits at the nexus of North America and
Latin America and we have had incredible interest in the show from
across our global collecting community this year. With strong figures
and confidence in the U.S. art market, Art Basel in Miami Beach is
assured as a key destination for collectors," said John Mathews, Head
of Ultra High Net Worth Americas at UBS Global Wealth Management.

The UBS Lounge will feature a unique wallpaper, War of the Roses
[Sound Graph], by painter and filmmaker Sarah Morris created
especially for the show, as well as works by Morris from the UBS Art
Collection, including a newly acquired painting, Precious Stone
[Sound Graph], 2018. The UBS Lounge will also feature work by
twentieth-century masters Frank Stella and Howard Hodgkin.

Works by all three artists will also be featured in the newly
renovated lobby of UBS's Midtown New York headquarters at 1285 Avenue
of the Americas, to be completed in early 2019.

In the public area of the fair, the UBS Art Studio will celebrate
female mentorship in the art world. Additionally, UBS's Project
Entrepreneur will partner with Leche Lounge, founded by Stephanie
Conduff, to offer a mobile lactation suite in the West Lobby that
will be available to the public for the duration of the fair. Project
Entrepreneur is UBS's flagship philanthropic initiative which aims
to increase the pipeline of female founders, and is part of the
firm's overall commitment to driving towards a more inclusive
landscape for entrepreneurs.

In addition, UBS and Village Capital will host a special
discussion on inclusive entrepreneurship on Saturday, December 8 in
the UBS Lounge. The event will convene a group of early-stage startup
investors, female founders, and business support organizations from
Miami and beyond, for an important dialogue on how to level the
playing field for underrepresented founders.

To coincide with Art Basel in Miami Beach, UBS has surveyed the
attitudes and behaviors of US-based wealthy fine art collectors, in a
special edition of its Investor Watch Pulse Report. The findings will
be released the week of December 3. For more information and to read
previous versions of the report, please visit: ubs.com/investorwatch
(http://ubs.com/investorwatch)

ots Originaltext: UBS Deutschland AG
Im Internet recherchierbar: http://www.presseportal.de

Contact:
Laura Hastings
+1-212-882-5705
Laura.hastings@ubs.com

Original-Content von: UBS Deutschland AG, übermittelt durch news aktuell