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Fine wine hits the right spot.
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Investment Adviser
- Article date:
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March 27, 2006
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Copyright informationCOPYRIGHT 2006 FT Business. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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While investing in fine wine is not a new concept, it is only recently that IFAs have been happy to include it as part of their standard range of investment choices. And given the exceptional rates of return -" some as high as 90 per cent over the last six years -" this comes as no surprise.
Investing in alternative markets is becoming ever more popular as people become more knowledgeable and confident in diversifying their portfolios. Contrary to popular belief, the fine wine market is stable, resilient and well established. Given the intricacies of this global market (as with all investments) it is no good just taking a punt on a particular vintage or brand. This makes ...
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