and what it means to you
You will not hear much commentary about currencies in discussions about the fine wine markets, but it is an incredibly important aspect both from an investment and consumption perspective. The market is denominated in Sterling, simply because the major merchants from 300 years ago operated out of the UK, and it has retained its […]
Text: Lyle Michael Photographs: Prashant Jadhav www.uppercrustindia.com A fruitful sector indeed, wine ‘matures’ profitably. Investing in wine is the right step today, for which you have Amphora Portfolio Management to ably guide you through. Fine wine is a finite resource. As the basic fundamental of supply v/s demand comes into play, the urgency […]
It’s been an interesting few weeks in the Bordeaux market. After a full three years in the doldrums, allowing Burgundy, Tuscany and Napa et al to convincingly steal the limelight, we’ve finally witnessed some activity that tempts optimism.
You won’t be able to drink it, but if you choose well, it will be a gem in your investment portfolio. After real estate, gold and stocks, fine wine is now being touted as an investment option for high net-worth individuals.
It has been a very interesting exercise looking at fine wines on a price per Parker point (pPp) basis. It is obviously only a binary view, and Parker scores are only one of the six weighted variables which make up our algorithm, but it provides a decent first filter in the search for pricing anomalies.
Prices for Bordeaux First Growth wines have been under further pressure over the last couple of months, and whilst obviously the more time that passes the nearer we are to a rebound, we know that more investment money is lost betting on the change of direction than at any other point in the cycle.
Amphora Portfolio Management has moved to new headquarters at 5 Fitzroy Square, London W1T 5HH.
It’s a reasonable bet that there will be some APM clients who read this august organ every day. Don’t be embarrassed! I’m not! They’ve got some excellent columnists.
Quite a curious thing happened last week in the Fine Wine market place. The value of bids exceeded the value of offers on a major London exchange for the first time.
At the start of this year, the Liv-ex Fine Wine Exchange announced the creation of a new index, the Liv-ex 1000.
The past year may not have felt particularly comfortable, but most pension funds, unarguably the vital ingredient of most people’s overall investment plan, will have had a pretty decent year.
Investors with traditional portfolios built from Cru Classé left bank Bordeaux won’t be sorry to wave goodbye to 2013.