and what it means to you
January 2017 – Past performance and 2017 predictions. Happy New Year! Diversification in a fine wine investments portfolio We have spent quite a lot of time over the last 12 months talking about the benefits of diversification in the fine wine investments process. While this is generally a good rule of thumb for any investment […]
07.12.16 Beyond Bordeaux Over the last couple of weeks we have seen the market in index terms continue to consolidate. At times like this the leadership will tend to rotate, and sure enough the outperformers since mid-November have come from a broader front. We note that many of these are back vintages from the 80s […]
29.11.2016 – Wine Market Update. One of the less attractive aspects of investing is referred to by psychologists as “loss-aversion syndrome”. In lay terms, we dislike our losers far more than we like our winners. So let’s make a big noise about enjoying a winner. On 11th November in the Drinks business article entitled “What […]
Black Friday in the world of fine wine investments Most people’s inboxes this week will be filling up with reminders about the unspeakable Black Friday frenzy whose argy-bargy will be populating the news screens at the end of the week as one black eye follows another. Unfortunately, we don’t have a Black Friday fine wine […]
India: The fine wine investments market of the future Regular readers will know that every three months or so for over 2 years now, Amphora has sent executives out to India, to spread the fine wine investments message. Last week, we were lucky enough to be able to spend a day at the delightful Sula […]
At Amphora, when we are sent fine wine investment portfolios for an audit that contain La La’s to La Mouline, La Turque and La Landonne fine wines, they are often accompanied with the with the observation: “I wish I hadn’t wasted money on those La La’s”, or words to that effect. It’s tempting to think that […]
The arrival of Opus One 2013 at La Place on Monday morning is a timely reminder that the fine wine investments market isn’t all about Bordeaux. Much as trading may be dominated by the Bordelais producers, and in particular five ‘first growth’ wines, there’s still plenty of room in the market for some plucky outsiders. […]
We were very interested to see this headline over the weekend: “Hedge funds pile up record bets against sterling”. Without going too deeply into the arguments, these denizens of Mayfair seem to think that the economy is going to struggle post Brexit and that interest rates are due to stay low for some time. As […]
The fine wine market shows no signs of letting up, and although the end of last week saw a slight fall in index terms, as this week has begun we have seen nothing but rising bids, with offers “leaving the building” a bit sharpish. It felt like a firmer market to start the week, and […]
There was an interesting article on the Liv-ex blog recently highlighting precisely the sort of thing we have been emphasising at Amphora over the last few years. The article can be viewed here: Five years from market peak: a divided picture Not only do markets of any depth never move up or down in a […]
There is always a suspicion that it is the lower cost wines that lead the way off the bottom after a long consolidation, but the Right Bank wines’ performance since the referendum vote gives the lie to that. In recent weeks we have looked at Left Bank wines’ performance to try and find leaders and […]
A few more days into the post referendum era and while much of the political landscape is shifting dramatically, stock markets are holding their nerve, just, and sterling continues its subsidence, with the fine wine market marching serenely on. Those last two elements are linked, of course, and we are yet to learn whether the […]