Fine wine prices ‘could rise 14%’ this year (by Decanter.com)

Posted: January 9, 2013 by wynmaker in Cellars, Vintage, Wine, Wineries, World wine news
Tags: , , , , , , , , , , ,
Fine Wine are still a good investment!

Fine Wine are still a good investment!

 

Fine wine prices in 2013 could rise 14% above their 2012 year end level, a new forecast predicts.

The Wine Investment Fund, an unregulated collective investment scheme, says this is the best time to enter the wine market since 2009.

The risk profile of the market compares much more favourably to recent years, the author of the report, TWIF investment manager Chris Smith says.

‘Our realistic worst-case scenario [is] a fall of only 5%, whereas an increase of 25% by the [wine trading platform] Liv-ex 100 Index is well within the bounds of possibility.’

This will be welcome news to wine investors who saw the value of their liquid assets fall by… read on

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