Right Bank still top performer9th September, 2013 by Rupert Millar
The Right Bank 100 has posted its 13th consecutive monthly gain on Liv-ex even as the rest of the Bordeaux 500 continues to dip.
The index (which tracks the last 10 vintages of 10 Right Bank estates including Pavie, Evangile and Angélus) has risen 16.9% between August 2012 and August this year.
On its blog Liv-ex stated this was in part due to the promotion of Pavie and Angélus to Premiers Grands Crus Classés A status but also driven by the performance of Clos Fourtet and l’Eglise Clinet among others because of their “quality and reputation”.
The other indices by contrast have fared less well of late. The entire index dropped 0.08% in the last month with some of the biggest falls coming from the Right Bank 50 (including Ausone and Pétrus) which dropped 0.6% and “perennial underperformer” the Sauternes 50 which has dropped 1.6% over the same period.
The main Bordeaux indices have remained largely flat over the summer and Liv-ex even ignored the region altogether in its last market report, focusing instead on the Italian Super Tuscans, one of the rising fine wine categories.