FTSE FALLS 32% SINCE FEBRUARY 12TH 2020 WHILST FINE WINE A SAFE HAVEN STABLE FINE WINE IS HOLDING ITS VALUE AS EQUITIES LOSE BILLIONS Source: Liv-ex.com 16th March 2020 CORONAVIRUS IMPACT – WHAT’S HAPPENING NOW? Fine wine performance compared with global equities and oil: DAILY RECORD FALLS IN ALL GLOBAL FINANCIAL MARKETS FTSE SEEING DAILY […]
Is COVID-19 driving investors to fine wine? Liv-ex has reported recently that buyers taking advantage of ‘soft Sterling’ priced fine wine pushed overall trade value on the exchange up 50% on the previous week ending the 5th March. This period obviously coinciding with growing numbers of Coronavirus cases in the UK, significantly increased press intensity […]
This morning the FTSE fell over 8% in the first 11 minutes of trading, oil prices dropped 30% and are now at their lowest level for 30 years, with financial market commentators worldwide drawing parallels to the 2008 banking crisis. The impact of COVID-19 is being felt across the world, we are watching with increasing […]
Investing in fine wine is a growing trend as investors seek growth and value in the low interest rate environment that continues to prevail as we nudge into the third decade of the 21st Century. Wine investment is also now much better understood as information is more readily available with regular features in mainstream press […]
Investors are seeking out tax-efficient ‘safe-haven’ investments as jittery markets respond to the current economic challenges. Former Chancellor, Sajid Javid made his resignation speech to the Commons today with pointed reference to the “Cummings and goings” of the current internal politics of the Conservative party. Boris Johnson’s new Government’s first Budget is just two weeks […]
Is now the perfect time to buy Bordeaux 2010? Just a week or two ahead of the expected publication of the top international wine critics’ ten-year on rescore of the uber-prime Bordeaux 2010 vintage, current prices should offer value especially if, as expected, the scores stimulate the market. Jane Anson has been the first noted […]
Liv-ex turns twenty this year and it is worth noting the significant impact the exchange has had on the fine wine market in the last two decades. Liv-ex was established in 2000 by former City professionals, Justin Gibb and James Miles, with just ten merchants as their first trade members. With the aim of delivering […]
The top five performing wines on Liv-ex for the first month of 2020 are Super Tuscans and iconic Champagnes. The imposition of 25 per cent tariffs on all wines being imported into the US except for sparkling wines and Italian last Autumn has, not unsurprisingly, seen the highest gains in January 2020 being made in […]
Liv-ex has reported its headline numbers and top performing fine wines for the first month of 2020 with a performance influenced by environmental conditions much as they were in Q4 last year, but now with the added impact of Coronavirus. Of course, these factors don’t exclusively impact the fine wine market and global trade tiffs, […]
Specialist collectors and luxury assets magazine, Arts & Collections launched its January 2020 edition with a dramatic cover image of Rhianna and featured an interview with Vin-X founder, Peter Shakeshaft. Chris Jenkins, the article’s author asks whether wine is a good investment and how does it compare with more readily recognised alternative assets such as […]