UBS Art Collection "Factory - 50 years of art and consumer culture" exhibition opens in Taipei

UBS today announced that 19 selected world renowned contemporary art pieces of the UBS Art Collection will be exhibited in Taiwan for the first time, from 8 to 13 January 2014 at the BELLAVITA Art Gallery, Taipei.

Entitled "FACTORY – 50 YEARS OF ART AND CONSUMER CULTURE", the exhibition showcases major works by artists including Andy Warhol, Roy Lichtenstein, Ed Ruscha, and Taiwanese artist, Chen Chieh-Jen. Indeed, the exhibition takes its name from Chen Chieh-Jen's film "Factory" – a seminal Taiwanese work of recent years. The exhibition also features key Pop Art from the early 1960s in America, works by some of the most influential European artists of the 1980s and 1990s, as well as works from Asia's growing contemporary art scene.

“We are proud to present FACTORY – 50 YEARS OF ART AND CONSUMER CULTURE in Taiwan", said Dennis Chen, CEO of UBS Wealth Management, Taiwan.” UBS's support of contemporary art is an important part of our heritage and is firmly embedded in our DNA here in Taiwan.”

"We are very excited to be working with institutions like the KMFA (Kaohsiung City Museum of Fine Arts) and BELLAVITA. The exhibitions bring some of the most important works from the UBS Art Collection to a new audience," said Stephen McCoubrey, Curator of the UBS Art Collection.

FACTORY – 50 YEARS OF ART AND CONSUMER CULTURE will be open to public in BELLAVITA Art Gallery in Taipei from 8 to 13 January, and followed by a public exhibition in Kaohsiung, in collaboration with the KMFA to celebrate its 20th anniversary, for four months starting in late January.

Please see attached a selection of works exhibited in FACTORY – 50 YEARS OF ART AND CONSUMER CULTURE. 

Note: For the five (5) high resolution images of works provided by UBS, the legal, mandatory credit line for works approved by the artist as supplied for general press use must be reproduced in full and the images must not be cropped and over-written with text.

Edward Ruscha
Standard Station (Red)
1966
Lithograph
65.1 x 101.5
© Ed Ruscha. Courtesy of the artist
UBS Art Collection

Thukral and Tagra
Attractively Awful c
2009
Relief print, lithograph, screenprint, airbrush, hand cut and laser cut construction
102 x 76 cm
© Thukral and Tagra. Photo courtesy of the artists and Singapore Tyler Print Institute
UBS Art Collection

Note: The following images may be used only as part of direct reporting of the exhibition and on the basis of 'Fair Dealing'. The legal, mandatory credit line for works approved by the artist as supplied for general press use must also be reproduced in full and the images must not be cropped or over-written with text. For more information on 'Fair Dealing', please see http://www.dacs.org.uk/knowledge-base/factsheets/fair-dealing

Andy Warhol
Campbell’s Soup I (Tomato)
1968
Portfolio of 10 Prints
Each 88.9 x 58.7 cm
Image and Artwork
© 2014 The Andy Warhol Foundation for Visual Arts, Inc. / Artists Rights Society (ARS), New York and DACS, London.

Damien Hirst
Albumin, Human, Glycated
1992
Oil-based household gloss and synthetic polymer on canvas
210 x 290 cm
© Damien Hirst and Science Ltd. All rights reserved DACS 2014
UBS Art Collection

Wayne Thiebaud
Desserts
1961
Oil on canvas
61.3 x 76.5 cm
© Wayne Thiebaud/DACS, London/VAGA, New York 2013
UBS Art Collection

UBS AG

UBS draws on its 150-year heritage to serve private, institutional and corporate clients worldwide, as well as retail clients in Switzerland. Its business strategy is centered on its global wealth management businesses and its universal bank in Switzerland. Together with a clientfocused Investment Bank and a Global Asset Management business, UBS will expand its wealth management franchise and drive further growth across the Group. UBS is present in all major financial centers worldwide. It has offices in more than 50 countries, with about 35% of its employees working in the Americas, 36% in Switzerland, 17% in the rest of Europe, the Middle East and Africa and 12% in Asia Pacific. UBS employs about 61,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange.

UBS and Contemporary Art

UBS has a rich history of actively supporting cultural and artistic endeavors across the world, with a focus on promotion, collection and educational activities in the world of contemporary art. Longstanding commitments to the internationally renowned art fair Art Basel, UBS's collaboration with the prestigious Solomon R. Guggenheim Foundation launched in April 2012, the UBS Art Collection and the Swiss based UBS Art Competence Center offer a comprehensive and varied platform for UBS clients and art enthusiasts to participate in the art scene, and testify to the passion for contemporary art which UBS shares with its clients. UBS AG, News Release, 7 January 2014 Page 5 of 8

UBS Art Collection

UBS is itself an avid collector of contemporary art, boasting a significant collection of paintings, photographs, drawings, prints, video art and sculptures by talented artists from the 1960s onwards that is widely recognized as being one of the most important corporate contemporary art collections in the world. Not only do these works form an important part of UBS’s corporate identity, they also contribute to a rewarding experience for clients and employees alike in UBS locations. To underline its support for the arts, UBS regularly makes individual loans of works from its collection to museums around the world, thereby also making its collection available for the enjoyment of the wider public. In November 2012 UBS staged an exhibition from the collection at the Hong Kong Arts Centre looking at the globalisation of Pop Art, entitled Pop Sensation. Recent acquisitions include works by Indonesian star Christine Ay Tjoe, MadeIn from China, Singaporean Zhao Renhui and Hong Kong’s Wilson Shieh. Highlights from the collection are accessible online. Visit it a www.ubs.com/artcollection

Stephen McCoubrey
Curator of the UBS Art Collection

Stephen McCoubrey studied Fine Art Practice and Theory at Goldsmiths College, University of London. He subsequently joined UBS in 1999 aged 25 to manage the art collection for the Investment banking division, based in London. Over the subsequent years Stephen has achieved a wide variety of projects, acquiring many hundreds of works for the collection, and placing them in UBS's client and staff areas, initially for European offices and since 2006 also for the firm's offices in Asia. Stephen has also been curating and producing a wide range of external exhibitions since 2001, mainly from the UBS collection, most recently a new series of public exhibitions in the last 3 years, including shows in Rome, Jersey and Hong Kong, with a major exhibition of Drawings planned for March at Villa Reale in Milan and two exhibitions in Taiwan opening in January.

Dennis Chen
Head of Wealth Management, Taiwan

Dennis Chen is currently the Head of Wealth Management, Taiwan. He is responsible for managing the wealth management business, coordinating cross divisional opportunities, and building the UBS brand in Taiwan. He joined UBS in August 1999 as the Head of Marketing for Wealth Management in Taiwan and has been instrumental in helping UBS Wealth Management, Taiwan achieve strong growth over the years. Between 1985 and 1999, Dennis worked with Citibank in California and Taiwan.

UBS has a rich history of actively supporting cultural and artistic endeavors across the world, with a focus on exploring, translating and collecting activities in the world of contemporary art. Longstanding commitments to the internationally renowned art fairs Art Basel and Art Basel Miami Beach, our own UBS Art Collection and the Swiss based UBS Art Competence Center offer a comprehensive and varied platform for UBS clients and art enthusiasts to participate in the art scene, and testify to the passion for contemporary art which UBS shares with its clients.

Art sponsorship activities

UBS has an extensive art sponsorship portfolio, at the center of which are its collaboration with the prestigious Solomon R. Guggenheim Foundation launched in April 2012 and its long-term support for the premier international art fairs Art Basel, Art Basel Miami Beach and beginning in 2014 Art Basel Hong Kong.

Art Basel and its sister event Art Basel Miami Beach each feature between 250 – 300 leading galleries from North America, Latin America, Europe, Asia and Africa. Both annual events showcase works from more than 2,000 artists, ranging from the great masters of modern art to the latest generation of emerging stars.

The Solomon R. Guggenheim Foundation and UBS collaborate on the Guggenheim UBS MAP Global Art Initiative. This ambitious five-year long initiative seeks to identify and support a network of art, artists and curators from South and Southeast Asia; Latin America; and the Middle East and North Africa, in a comprehensive program involving curatorial residencies, acquisitions for the Guggenheim’s collection, international touring exhibitions, and far-reaching educational activities.

The UBS global art sponsorship activities are complemented by several regional platforms and partnerships. These include the Swiss Institute in New York, the Nouveau Musée National de Monaco, Wolfsberg Arts Forums and the Fondation Beyeler in Switzerland and the Art Gallery of New South Wales in Sydney. UBS has also sponsored numerous exhibitions at leading museums around the world.

UBS Art Collection

UBS is itself an avid collector of contemporary art, boasting a significant collection of paintings, photographs, drawings, prints, video art and sculptures by talented artists from the 1960s onwards that is widely recognized as being one of the most important corporate contemporary art collections in the world. Not only do these works form an important part of UBS’s corporate identity, they also contribute to a rewarding experience for clients and employees alike in UBS locations. To underline its support for the arts, UBS regularly makes individual loans of works from its collection to museums around the world, thereby also making its collection available for the enjoyment of the wider public.

UBS Art Competence Center

As a longtime art collector, UBS recognizes that buying, owning and selling art entails certain risk and calls for a certain level of expertise. With its in-depth know-how and experience, the UBS Art Competence Center supports clients with art analysis, art transactions, collection building and collection management as well as helps them to mitigate financial and reputational risks. To meet client’s personal needs, the support of the UBS Art Competence Center is fully integrated into the client’s overall financial planning.

UBS Arts Forum

The UBS Arts Forum is the ultimate client experience of contemporary art with internationally recognized authorities from all fields of the contemporary art scene, e.g. artists, art institutions and art market.

Topics covered have been e.g.:

• Collecting Art. The Art of Collecting
• Changing China: New Perspectives on Contemporary Art
• Art Houses, Art Structures, Art Institutions
• Global Players: Stakeholders in the Art World

Matt Mullican, Hans Ulrich Obrist, Francesca von Habsburg, Yuko Hasegawa and many others have contributed to this program series. Panel discussions, lectures and workshops account for a lively communication and open dialogue which make the program unique.