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CloseMarking the launch of the tenth edition of The Art Basel & UBS Global Art Market Report 2026 by Arts Economics, join a panel of experts for a data‑led discussion on the forces shaping the global art market.
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CloseClare McAndrew is a cultural economist who specializes in the arts, antiques and collectibles markets. She completed her PhD in economics at Trinity College Dublin in 2001, where she also lectured and taught economics for four years. In 2002, Clare joined US firm Kusin & Company, a boutique investment banking firm specializing in art investment, as chief economist. After three years in the United States, Clare returned to Europe in 2005, and continued her work in the art market in a private research and consulting capacity for a global client base. She set up Arts Economics in 2005 to focus her efforts on art market research and analysis, and works with a network of private consultants and academic scholars in different regions around the world providing research and consulting services to the global art trade and financial sector.
Noah Horowitz joined Art Basel as CEO in 2022, having previously held the post of Director Americas from 2015 to 2021. As CEO, he steers the overall vision and strategy for the world's leading Modern and contemporary art fair, continuously advancing and innovating its physical and digital platforms. Noah served as Worldwide Head of Gallery & Private Dealer Services at Sotheby's until September 2021, where he led the auction house's business strategy and relationships with the international dealer community. Previously, he held a four-year tenure as Executive Director of The Armory Show in New York, after directing the first-ever online-only fair, VIP Art Fair, from 2010 to 2011. He has a Ph.D. in art history from the Courtauld Institute of Art, London and is the author of Art of the Deal: Contemporary Art in a Global Financial Market (Princeton University Press, 2011). His writings and commentary on art and economics have appeared in publications including The New York Times, Financial Times, Texte zur Kunst, and The Art Newspaper, among others. Noah is a member of the Manhattan Chapter of The Young Presidents' Organization, and lives in New York City with his wife, Louise, and children, Sif and Leo.
Paul Donovan is Chief Economist of UBS Global Wealth Management. He joined UBS back in 1992 as an intern economist working in the investment bank. As Chief Economist he sits on the House View Investment Forum, and is a UBS Opinion Leader and a member of UBS Pride and the UBS Art Board. Paul has been actively involved in the UBS Nobel Perspectives program and is a supporter of the UBS Women in Economics program.
Paul has an MA in Philosophy, Politics and Economics from Oxford university and an MSc in Financial Economics from the University of London. He is an Honorary Fellow of St Anne’s College, Oxford (sitting on their investment committee and development board) and is a Fellow of the Royal Economic Society. He is a member of the research advisory board of Open for Business, was a commissioner on the Institute of Directors’ diversity commission, and sits as a member of the World Economic Forum’s Chief Economists’ Community and Global Future Council on growth.
Melanie Gerlis has been the art market correspondent for the Financial Times since 2016 and writes a dedicated weekly feature. She was previously Art Market Editor for The Art Newspaper (2007-2016), before which she was a financial communications adviser at Finsbury (1996-2005). Melanie has a BA in English Literature from Cambridge University and an MA in Art Business from Sotheby’s Institute of Art. Her books include Art as an Investment? (2014) and The Art Fair Story: A Rollercoaster Ride (2021).