Alphaville: Subprime crisis wrecking your investments? No value in equities? How about Madonna's bustier? Or John Lennon's bathrobe?

Alternative "art" investments are gathering interest as the credit crunch and slowing economies wreak havoc on traditional investments, writes Bloomberg: "Madonna souvenirs and vintage guitars are the latest alternative assets to attract interest from structured investment funds. Marquee Capital Ltd and Anchorage Capital Partners Ltd are London-based companies planning to start the first investment funds devoted to rock and pop mementos."