and what it means to you
Hard on the back of a visit to Taiwan and Japan, we have just completed a few days in India. The company has had a presence in Mumbai for over a year and it is always astonishing how eye-wateringly wealthy so many Indians are. Although the population is well over 1.3 billion the middle-class as […]
At the end of January we highlighted the importance of currencies in considerations about investments generally, and fine wine in particular, as the secondary market is denominated in Sterling. In the same note we referred to the importance of Japan to the fine wine trade, and last week we sent two directors to Japan and Taiwan […]
So, we’ve got this Gold thing happening again. You can always rely on a gold bug to trumpet the precious metal’s attractions when it seems to be hitting the fan in other asset classes. Financial pages are awash with headlines about gold being the best performing asset year to date. But what, if any, are […]
With the launch of Krug 2002, the secondary Champagne market had a four-fold jump on Liv-ex last week. But what about the potential of it and other Champagnes for long-term fine wine investments? At APM we see a lot of fine wine portfolios which are conspicuously absent of exposure to Champagne, a situation thrown into […]
Last week we pointed out that Mouton 2000 had enjoyed a stellar performance, such a performance, indeed, as might have been expected in the Chinese “Year of the Ram”. In a note to clients this time last year Amphora highlighted the attractions of Mouton arising from the Chinese zodiac and, somewhat less tongue-in-cheek, for the 2005s […]
One of the interesting aspects of the fine wine market over the course of the last few years is the seemingly obvious change of leadership, from Bordeaux to both Burgundy, and the ‘Rest of the World’ From a position of trading domination back in 2011, has Bordeaux simply become “another player in the market” in […]
One of the idiosyncrasies of the fine wine investments market, as opposed to most other globally traded markets which are denominated in US dollars, is that it is traded in pounds sterling. This dates back to when the first Berry brother was a lad, and simply results from the fact that London has maintained its […]
Diversification in the wine market. It has been quite unusual over the last few years to see the fine wine investment indices outperforming other financial markets, so I suppose we can forgive certain commentators for pointing out that someone with a fine wine investment portfolio is getting a rather better night’s sleep than someone exposed […]
Tempting as it may be for fine wine investors to get excited about last week’s trading on the Liv-ex 50, it’s probably worth reflecting that this isn’t usual for January. In fact, over the last 5 years, January has been a positive month on this index each year bar 2014, usually attributed to the proximity […]
Felicitations at the dawn of 2016! It is at this time of year that everyone prognosticates about what the year will bring for the fine wine investments market. So, rather than doing that, and in the absence of a crystal ball, we thought it would be better just to remind everyone that from an investment […]
Wine investment news and US interest rates. On Wednesday Janet Yellen put on her red Santa Claus outfit and from under her white beard produced the long-awaited 25 basis points, or 0.25% to you and me. So why is this a present? There has been an awful lot of guff written over the last 12 […]
Rising sun, falling Yen. We have just returned from a week in Tokyo and Taipei, as APM continues to boldly take the fine wine investment proposition further into foreign parts. Tokyo represented the first foray for some time into a developed economy beyond Europe, given that we have been focusing our recent international energies on […]