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Marina Perez Simão – Untitled, 2021

Asset value
23.700,00 €
Earning potential
24.9%
Splints left
474/474
Investment horizon in years
2-4
Return-to-Risk Assessment
8/10
Performance since release
+0.0%

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Main reasons to invest

  • Return Potential: An investment of €500 could reach an estimated value of €1,219 in 4 years.

  • Cost-to-Return Ratio: With just 3.7% annual total costs, your net profit could be 24.9% per year.

  • Rising Star: A compelling entry point of 35.2% post-fee discount, combined with the chance to own a poetic 2021 work where Marina Perez Simão’s signature language of light and fluid color comes to life as her global presence rises.

Description

Investment Case
Investment Thesis
 
Metric Value
Investment Horizon 2–4 Years (Target exit: 2028–2030)
Expected CAGR (Balanced) 24.9% p.a. after fees
Optimistic CAGR 27.2% p.a. after fees
Entry Basis 35.2% discount to market after fees
Sharpe Ratio 0.9
Value at Risk (VaR) 92.1% probability of exceeding initial investment after 4 years
Standard Deviation 31.0%
Number of Sales Points 20 main comparables
Risk Rating B+, Moderate to High (emerging artist, limited liquidity)
  • 2–4 Year Horizon: Planned exit between 2028 and 2030 to capture continued growth in Marina Perez Simao's international profile and expanding institutional recognition.
  • 24.9% Net ROI p.a. (Balanced): Based on a probability-weighted scenario reflecting the artist's strong gallery representation (Pace Gallery), growing museum presence, and rising demand for Latin American contemporary art.
  • 27.2% Net ROI p.a. (Optimistic): Reflects a stronger upside scenario supported by the artist's expanding exhibition history, scarcity of available works on the market, and increasing collector interest in works on paper as primary market prices rise.
  • 35.2% Discount to Market: Entry pricing represents a significant discount to current market value after fees, providing an attractive acquisition basis for this 2021 watercolour.
  • Auction Benchmark: The current auction record for a work on paper at this scale by Marina Perez Simao is £44,100, sold at Christie's London in 2024, providing an important market reference point for valuation.
  • Sharpe Ratio of 0.9: Indicates an attractive risk-adjusted return profile relative to expected appreciation, comparing favorably to the SMI's five-year Sharpe ratio of 0.6.
  • VaR 92.1%: Modelled probability that the asset value exceeds the initial investment after four years, demonstrating strong downside protection.
  • Standard Deviation (31.0%): Reflects moderate to high volatility typical for emerging artists with growing international profiles and limited transaction frequency.
  • 20 Main Comparables: The investment case is anchored by a robust dataset of comparable sales, providing reliable market validation for growth projections.
Category
Why Invest in This Category?
 
High-end collectible assets such as emerging contemporary art and culturally relevant collectibles benefit from strong global demand, limited supply, and increasing participation from international collectors. As alternative investments, they offer attractive diversification benefits and the potential for outsized returns, particularly when acquired at early stages of market recognition.
Asset Specifics
Why Invest in This Asset?
 

Marina Perez Simao's "Untitled, 2021" represents a compelling entry point into the work of an artist whose international profile is expanding rapidly. Represented by Pace Gallery and with institutional recognition across three continents, Perez Simao has established herself within the contemporary art market through a distinctive visual language rooted in color, light, and landscape-inspired abstraction.

Key Highlight
This watercolor on paper from 2021 captures a mature period in the artist's practice, when her signature style was fully resolved. With no works currently available on the market (Artsy & Artnet), scarcity is a defining characteristic, while the auction record for a comparable work on paper stands at £44,100 at Christie's London (2024).

Works on paper by established artists often become increasingly sought after as primary market prices rise, particularly when they clearly embody the core visual qualities for which the artist is recognized. This piece does exactly that: fluid chromatic bands, atmospheric layering, and spatial construction that define Perez Simao's practice are all present at an intimate, accessible scale.

The broader Latin American contemporary art market continues to attract institutional and collector attention, and Perez Simao sits at the center of that momentum. Her work is held in major public collections including the Pérez Art Museum Miami, Buffalo AKG, and Long Museum Shanghai, reinforcing sustained visibility and curatorial validation.

For investors, this asset combines institutional credibility, market scarcity, and disciplined entry pricing. Acquired significantly below verified comparables, it offers exposure to an artist with growing demand, representation by a top-tier gallery, and a proven auction track record in this format.

Summary
Conclusion
 
Untitled, 2021 combines Marina Perez Simao's refined artistic vision, growing institutional recognition, and strong gallery representation through Pace. As a mature work on paper from an artist with expanding international presence and rising Latin American market momentum, it offers compelling value. Its scarcity, aesthetic strength, and clear signature style make it an attractive long-term investment for discerning collectors.

Expert

OPERA GALLERY

Founded in Singapore in 1994, Opera Gallery has forged, over its 30 years, a network of 16 galleries worldwide including London, Paris, New York, Geneva, Hong Kong, and Seoul, establishing itself as one of the leading global players within the international art market. Headed by Gilles Dyan, Opera Gallery specialises in post-war French art, and in Modern and Contemporary European, American, and Asian art. In addition, the gallery represents international emerging artists such as Andy Denzler, Anthony James and Gustavo Nazareno. and more established contemporary artists such as Ron Arad, Manolo Valdés, and Anselm Reyle.

Additional details

Asset ID
77280071-46a9-48de-874e-93953004e823
Name
Untitled, 2021
Artist
Marina Perez Simão
Publication year
2021
Size
29.8 x 41.9cm
Number of editions
Unique
Signature
Yes | Direct from the artist
Material
Watercolour on paper

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