Despite the doom and gloom headlines, you really can’t afford to leave Bordeaux out of your portfolio.
UK fine wine specialist, Cult Wines, has announced it is to open an office in Hong Kong this year.
If you think the markets are currently worrying excessively about things which have long been known about, then be on the lookout for bargains. And remember to diversify.
Wine app Vivino has seen £17.3 million of new investment poured into the company, with the majority coming from the CEO of luxury drinks producer Moët Hennessey.
While fine wine is regarded as a strong in terms of historical returns compared to other investments, its diversification benefits are also being praised.
Eight interlinked companies involved in forcibly selling wine and carbon benefit units to vulnerable investors have been ordered into liquidation.
A wine investment director who didn’t purchase any wine on behalf of his clients, duping them out of £400,000, has been banned from running a company for 11 years.
Fine wine has been the best performer of all major investment assets since 1988, according to research published this week by wine investment company Vin-X.
A British wine investment company, Prestige Fine Wine, has been forced into provisional liquidation as part of an ongoing investigation by UK authorities.
A wine trader has appeared in court to deny conning investors out of £350,000 for expensive bottles of Bordeaux and Champagne that never existed.
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