- UBS will present the inaugural Taipei Dangdai art fair in January 2019.
- Joining main organizer, ARTHQ, UBS’s partnership aims to nurture local contemporary art in Taiwan.
Taipei – 20 March 2018 – UBS today announced it will present the international art fair, Taipei Dangdai, which is organized by the founder of ARTHQ and ART HK, Magnus Renfrew. Launching in January 2019 at Taipei Nangang Exhibition Center, the fair will showcase contemporary art from Taiwan and across the region. The collaboration reflects UBS’s ongoing commitment to support art and culture in the communities in which it operates, and expands its sponsorship portfolio in Asia Pacific.
Dennis Chen, Country Head and Head of Wealth Management, UBS Taiwan, said: "We are proud to present the Taipei Dangdai art fair which has immense potential for the development of the local art market and Taipei’s cultural ecology. The growth in the number of art collectors in Taiwan over the past 10 years has been matched by the quality of local connoisseurship. From this new platform, we aim to support Taiwan’s creative scene, and at the same time, provide our clients with access to the most important galleries, dynamic artists, and artworks being produced in Taiwan today.”
Magnus Renfrew, founder of ARTHQ and ART HK, said: “We are thrilled to have the support of UBS as we launch Taipei Dangdai. UBS has a widely-recognized and longstanding commitment to art and culture and we look forward to working with them to build a transformative event for Taipei.”
UBS's support of Taipei Dangdai is a part of a comprehensive and global commitment to contemporary art which encompasses: the Guggenheim UBS MAP Global Art Initiative; a Global Lead Partnership with Art Basel; the UBS Art Collection and the UBS Art Competence Center; the Fondation Beyeler; and a range of regional art partnerships.
For Taipei Dangdai, UBS is planning a program of activity for clients, employees and the public. They include a UBS Junior Art Program and other educational activities throughout the event. A VIP lounge will be available for UBS clients and guests throughout the fair.
Taiwan boasts one of the most established collector bases in Asia with specialist art magazine, ArtAsiaPacific, acknowledging Taiwanese collectors as “amongst the most progressive in the region.” The country is home to a range of commercial galleries that represent both established and emerging artists, which regularly participate at international art fairs including Art Basel and Frieze. Taipei Dangdai will be a unique platform that will rely on a selection committee of leading gallerists based on peer review to guarantee international standard exhibition quality, VIP services, and visitor experience.
For media inquiries about UBS’s partnership with Taipei Dangdai:
Nana Lee, Sutton
+852 6063 9014
nana@suttonpr.com
For media inquiries about UBS:
Angel Yeung, Corporate Communications, UBS
+886 2 8722 7265 | +852 2971 6884 | +852 9725 0297
angel.yeung@ubs.com
Notes to editors:
About UBS
UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. The operational structure of the Group is comprised of our Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank. UBS’s strategy builds on the strengths of all of its businesses and focuses its efforts on areas in which it excels, while seeking to capitalize on the compelling growth prospects in the businesses and regions in which it operates, in order to generate attractive and sustainable returns for its shareholders. All of its businesses are capital-efficient and benefit from a strong competitive position in their targeted markets.
UBS is present in all major financial centers worldwide. It has offices in 52 countries, with about 34% of its employees working in the Americas, 34% in Switzerland, 18% in the rest of Europe, the Middle East and Africa and 14% in Asia Pacific. UBS Group AG employs approximately 61,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).
UBS has had a presence in Taiwan since 1988, and has offered wealth management solutions to high net worth individuals since 2000. In 2008, UBS WM Taiwan was granted licenses to open bank branches in Taichung and Kaohsiung. UBS Taiwan was named four years in a row Best Domestic Private Bank in Taiwan by Asian Private Banker from 2013-2016. In 2017, Private Banker International also named UBS Taiwan Best Private Bank in Taiwan (Foreign).
UBS and Contemporary Art
UBS has a long and substantial record of contemporary art patronage and holds one of the world’s largest and most important corporate art collections. The firm actively enables clients and audiences to participate in the international conversation about art and the global art market through its global lead partnership with Art Basel and the firm’s collaboration with the Solomon R. Guggenheim Museum on the Guggenheim UBS MAP Global Art Initiative. These activities are complemented by partnerships with fine art institutions including the Fondation Beyeler in Switzerland, Galleria d’Arte Moderna in Milan, the Nouveau Musée National de Monaco, the Louisiana Museum of Modern Art in Denmark, the Deichtorhallen in Hamburg, Museo del Palacio de Bellas Artes in Mexico City and the Art Gallery of New South Wales in Sydney, Australia. UBS provides its clients with insight into the art market and strategic guidance on managing art collections and legacy planning through the UBS Art Competence Center. The UBS Arts Forum convenes and connects exceptional people in the art world, providing thought leadership at the cutting edge of contemporary art. For more information about UBS’s commitment to contemporary art, visit ubs.com/art.
About Taipei Dangdai
Taipei Dangdai is a new international art fair that will open in Taipei, Taiwan in January 2019. Overseen by Magnus Renfrew as the fair director, Taipei Dangdai places a strong emphasis on galleries from Asia with a globally recognized selection committee and the support of an advisory committee of leading regional collectors. Taipei Dangdai will be a world-class art event, providing exhibitors the opportunity to broaden their collector base and giving international exposure to a growing number of artists and galleries from across Asia. The name of the fair captures this spirit, as dangdai in Mandarin means “the present moment.” Held annually, Taipei Dangdai will constitute an accurate and immediate survey of what is occurring in the contemporary Asian art world. The subtitle, Art & Ideas, highlights the two main focuses of the event: a leading international art fair and a convening of thought leaders from various fields. Programming will include an ambitious roster of multidisciplinary talks that address issues pertaining to and beyond the art world. The inaugural edition of the fair will bring together 80-100 exhibitors from Asia as well as strong selection of leading galleries from outside the region that have shown a continued commitment to showcasing their programs on the continent. In addition to a main exhibition section (Galleries), presenting leading galleries from Taiwan, Asia, and the rest of the world, Taipei Dangdai comprises three specialized sectors designed to highlight new galleries (Young Galleries Sector), spotlight artists through solo presentations (Solos sector), and feature works with accessible pricing (Salon sector). Taipei Dangdai is a joint venture between four of the world’s leading art event producers, organizers, and administrators: Single Market Events (Tim Etchells), Angus Montgomery Limited (Sandy Angus), Ramsay Fairs Limited (Will Ramsay), and ARTHQ / EVENTS Limited (Magnus Renfrew).