Artspace

Goldin+Senneby

M&A
With Stephen Bain (actor), Anna Heymowska (set designer), Johan Hjerpe (graphic designer), Paul Leong (investment banker), Jo Randerson (playwright) and Ybodon (computer scientist). 

21 March - 20 April, 2013

M&A Rehearsals with Stephen Bain concluded Saturday April 13
Public programme

Goldin+Senneby

Merger Prediction Strategy 
Goldin+Senneby with Paul Leong (investment banker), 2013
 
Goldin+Senneby’s project for New Zealand originates in Sweden, the home country of this artistic duo, around 1780, when mineralogist August Nordenskiöld was secretly employed by king Gustav III to pursue alchemical research. Nordenskiöld was attempting to produce gold, which in the king’s view was supposed to boost the country’s wealth and sustain a war against Russia. Nordenskiöld’s covert agenda however was to make his discoveries available to all; ultimately aiming to abolish the “tyranny of money” by making gold worthless.
 
A few centuries later, the experiment continues with Goldin+Senneby’s attempt to (re)stage August Nordenskiöld’s unfinished work on the financial markets of today. Combining the production of theatre with the development of algorithmic trading models, their work proposes a continuous interplay between these two modes of speculation. 
 
M&A (Mergers and Acquisitions) is the first of a new series of productions explicitly utilising the exhibition infrastructure as “laboratory” for developing algorithmic trading models. New York-based investment banker Paul Leong of Blackstone has developed a trading strategy especially for this exhibition, identifying early signs of mergers and acquisitions. Leong’s “Merger Prediction Strategy” has been algorithmically implemented by an anonymous computer scientist and will be tested for the first time. The strategy will start trading on the day of the opening of the exhibition at Artspace.
 
Goldin+Senneby have been working concurrently with New Zealand’s playwright Jo Randerson, who has been scripting a speculative scene for the gallery. The actor, Stephen Bain, will be rehearsing the script on a daily basis. The theatrical production is entirely dependent on the speculations’ financial performance. The rehearsals will continue as long as the trading budget lasts.
 
The project speculates on a variety of issues like the precariousness of labour in conjunction to the variations in funding both from private and public sources. It problematizes the relationship between the world of art and that of finance, against the backdrop of globalization and its local consequences.
 
Goldin+Senneby is a collaborative framework exploring juridical, financial and spatial constructs. Their projects often utilise the skills and expertise of selected specialists. Solo exhibitions include: I dispense, divide, assign, keep, hold, NAK, Aachen (2012); Standard Length of a Miracle, CAC, Vilnius (2011); The Decapitation of Money, Kadist, Paris (2010); Goldin+Senneby: Headless, The Power Plant, Toronto (2008). Group exhibitions include: The Deep of the Modern, Manifesta 9, Genk (2012); The End of Money, Witte de With, Rotterdam (2011); The Moderna Exhibition, Moderna Museet, Stockholm (2010); In living contact, 28th Bienal de Sao Paulo (2008).
 
The exhibition M&A is presented in partnership with the Dunedin Public Art Gallery.
 
 
Talk by Campbell Jones VIDEO
Should finance capital be afraid of art?
Thursday, April 11, 6-8 pm
 
Campbell Jones, Associate Professor of Sociology at The University of Auckland, and a specialist in the analysis of capitalism and its cultural forms will give a lecture in the gallery. 
He is currently researching various aspects of the social, political and philosophical consequences of finance, and teaches a senior undergraduate course called Fantasies of Finance
His most recent book is Can the Market Speak? (London: Zero, 2013).
 
Reading Group 
"Mimesis of the Hardened and Alienated”. Is Art more like riding a bicycle or selling a bicycle? Or is it the bicycle?
Wednesdays April 3-10-17, 5- 7pm
 
Aindriu Macfehin, a PhD candidate at Elam as well as a Graduate Teaching Assistant, part of the Critical Theory Group at Auckland University will lead a Reading Group alongside M&A.
 
Free to attend, no sign-up required.
 
Talk by Jo Randerson and Stephen Bain VIDEO
Saturday 20 April, 2pm
 
Playwright Jo Randerson and actor Stephen Bain will discuss their involvement in M&A. 
Stephen will run through the script in a final rehearsal before the talk.