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Art | Investment | Legacy
Canvas & Code


Transfer of Title vs Transfer of Vision: ADGM Foundations and Loans
Art is timeless, ownership is not. In a world where collectors are global, mobile, and strategic, legacy planning and art ownership structuring have evolved far beyond the Pang family’s 1950s dilemma. If you are still dwelling on the Nanjing Museum saga [1] from the previous article, it is worth examining more deeply donor intent and, in particular, whether the preservation of legacy can be realised without inadvertently losing control over it. Further, how can modern legal

Jiaxin Zhao
Feb 144 min read


On Donor Intent and Institutional Trust: Reflections on the Nanjing Museum Case
I have always considered the Nanjing Museum (the “ Museum ”) to be among the most underestimated cultural institutions in East Asia, with its immense collection spanning from the Paleolithic era to contemporary China, particularly rich in Ming and Qing imperial porcelain, all the more significant given its historical role as the former National Central Museum of the Republic of China (that is, before the communists won the civil war). In late 2025, however, the Museum made h

Jiaxin Zhao
Feb 57 min read
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