With all the exhibitions opening nowadays, Istanbul is becoming a veritable art city’

“I Chose Art”

When asked what means one can use for political action, German artist Joseph Beuys replied, “I chose art. ’’Now, an exhibition, ‘Joseph Beuys and His Students’, at the Sakip Sabana Museum (SSM) explains a lot. You have to take time to read all the panels if you want to understand… Accompanying Beuys in the exhibition, which brings together close to 350 drawings, photographs and prints, are his students, Peter Angermann, Lothar Baumgarten, Walter Dahn, Felix Droese, Imi Giese, Imi Knoebel, Katharina Sieverding and Norbert Tadeusz. Through 1 November.

“This Is Not A Retrospective!”

‘Site’ is not a retrospective even though it covers Sarkis’s 50-year career as an artist. The artist is royally annoyed if anybody says this. Hallmark of the exhibition, curated by Levent Qalikoglu, Chief Curator of Istanbul Modern, are materials that are open-ended, multi-layered and stubbornly unfinished… as well as Sarkis’s constantly re-created installations, works he has saved up and breathed life into over the years, the costumes, the sculptures, the stained glass and the neons… Head for Istanbul Modem to see this exhibition, which the artist is continuously renewing. Through 10 October.

When it comes to government bonds, on the other hand, the returns are less interesting. Mathias Bauer, head of Raiffeisen Capital Management: “Government bonds have long been classified as a safe haven for investment, but corporate papers are now preferable on risk grounds.” This is why Austria’s money experts in general are advising investors to alter their strategies. Franz Witt-Dorring, Head of UBS Austria: “Investors should not commit to any government bonds with a term longer than seven years, since such papers could come under pressure in the next 12 to 24 months.” Erste Bank expert Hollinger went on: “Investors should be reducing the average remaining term of their fixed-interest bonds held in security deposits. They should also consider shifting their fixed-interest securities into floaters.”

Private Banking Manager Ohswald: “Share funds which actively hedge the interest rate risk offer good opportunities. Investors should avoid funds which only display one index, however.”