The history of funds, and ahead of that, barter, goes for thousands of years, so you are going to only locate a handful of high points here!
Robin Hood came to life in 2012 when Askeli and a team of artists and essential academics joined forces at the University of Aalto outside Helsinki in Finland. The fund was envisaged as a piece of ‘economic overall performance art’ and the team went out to raise money from scraggly freelance workers and other lowly chancers. They somehow managed to gather over €500 000. By financial sector standards that is a pretty tiny quantity of money – a lot of funds have billions below management – but it was adequate to make the university management really nervous. You guys are artists, not financial traders. Management wanted the project to cease.
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