Fine Wine Investment News
October was an astounding month for the Fine Wine industry, going from strength to strength in a bull market. The industry leading benchmark, Liv-Ex 100, rose 2.2% in October, as there was demand for Bordeaux’s top domains. The market has steadily increased for the past 17 months, meaning it is the longest upward trend since it was created 20 years ago.
The Liv-Ex 1000 also set another record in October, rising 2.1%. It’s 11th month of executive gains, proving the Fine Wine industry is the best luxury investment. The Champagne 50 rocketed last month, increasing 7.6%, a huge return for investors. The demand for Krug 2008 was at a high, hence the cool return.
By the end of October, the number of wines traded on the market had surpassed last year’s full year (record) number climbing to 10,798 (as measured by LWIN11s). The diversity of trade was also reflected in the market share numbers. Another reason why Fine Wine is a top long-term investment.
Popular wine critic Jane Anson released her brand new website in October. She released a launch report covering the top 100 Bordeaux 2018 wines. Across the board, She gave four wines a 100-point score, there were – Château Palmer, Château Mouton-Rothschild, Château Ausone and Château Beauséjour Duffau-Lagarrosse. The former two have risen significantly since release.
To conclude, there is no doubt that the Fine Wine industry has had a perfect month of gains. In comparison to popular markets such as the FTSE 100 and Gold, the Liv-Ex 100 and 1000 are outplaying these mainstream investments, proven by the YTD statistics.
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