Opportunity beckons in developing world
Demand rather than supply remains the key for fine wine investors.
and what it means to you
Demand rather than supply remains the key for fine wine investors.
Target. Virgin. China Telecom. Wordpress. All enormous companies that now accept Bitcoins as payment for their products and services. With over $6 billion worth of the crypto currency now in circulation and governments around the world acknowledging its validity, Amphora Portfolio Management (APM) is proud to become the first wine investment firm in the UK to accept payment in Bitcoins for its Wine Portfolio Management business.
An Interview with Dan Scott, research analyst with Credit Suisse.
Earlier this month economic data emerged from China from an export and manufacturing perspective which seem to have allayed many fears of a significant slowdown in the Middle Kingdom
What I like about investing in Fine Wine is that there is a market place, awash with variety and, more often than not, decent volume (although I accept that this can dry up at times).
China’s richest have continued to get richer in 2013, but several wine and spirits companies have warned that consumer demand for premium drinks is more sluggish than expected.
Last month economic data emerged from China from an export and manufacturing perspective which seem to have allayed many fears of a significant slowdown in the Middle Kingdom. It is always unwise to read too much into a set of monthly data, but the evidence seems to be that China will engineer growth of 7%+ this year. Given that this economy is now huge having grown at double digit rates for the last 20 years, a rate of 7% is perfectly satisfactory in terms of its contribution to the global economy.
Albany Portfolio Management has changed its name – welcome to Amphora Portfolio Management
Another online trading platform springing into existence. We have had Cavex and Wineowners launch in the last year, so there appears to be a plethora of exchanges targeting the private collector and investor.
Excuse the alliteration, but it is a valid question. When we talk of fine wine investment, we invariably mean RED wine investment. The key reason for this is that red wine is morally superior to white wine tends to have a greater propensity to improve with age due primarily to tannins and other compounds within the wine.
Anyone who works in or invests in Fine Wine will be aware of the Liv-ex 100 index. It is the default indicator invariably quoted in the mainstream media when assessing the health of the market, and it has attained unparalleled status as a lightning rod for the market as a whole. In short, you can’t get away from it. And as a professional who earns his corn analysing wine data in order to effectively advise clients as to the wisest way to invest in wine, I’m more conscious than most of the significant impact it has on the psyche of would be investors.
Business leaders in Birmingham will be putting their wine tasting skills to the test today in an unusual blind-tasting challenge to see if they can distinguish between a bottle costing £1,000 and one priced £7.