The latest publication of one of the key guides on the performance of luxury assets in September shows wine up 25% to the end of Q2 2017, out-classing the the Knight Frank Luxury Investments Index (KFLII) average, which saw 5% growth across all assets under review. 

The KFLII is the only published benchmark which tracks and compares the price performance of the top ten alternative, luxury asset classes, which includes fine wine, classic cars, jewellery, fine art, vintage watches, coins, stamps, coloured diamonds, chinese ceramics and antique furniture. 

Lafite Barrels

The index analyses investment data provided from wealth managers around the world and acquisition information is compared to key benchmark indicators; the AMR (Art Market Research) which provides data on Art, Watches, Antique Furniture, Jewellery and Chinese Ceramics  and the HAGI™ (Historic Automobile Group International), monitors the rare classic motorcar sector. The KFLII wine data is sourced from Wine Owners rather than our usual benchmark, Liv-ex.com.

The report published in September sets out performance information to the end of Q2 and showed that Fine Art’s ranking as second in the 12 months measure at 7% growth is a long way behind fine wine’s 25%. Classic cars was ranked as 6th with 2% growth and the poorest performer, Chinese Ceramics, saw -12% decline on 12 months performance.

Classic CarsOver 5 years and 10 year terms to the end of Q2 2017, fine wine grew 61% and 231% respectively, a consistent second over both periods to classic cars which saw 117% and 362% rise.

Auction house, Bonhams, Global Chief Executive, Matthew Girling, sees the KFLII as “a fascinating insight into the top areas of collecting” and that “Bonhams certainly bears out the report’s conclusions with wine, art, watches and jewellery all performing strongly over the past year.”

The report’s author, Andrew Shirley, stated that  “no other asset class delivered double-digit growth across the past 12 months” and the wine trade press has commented on the report, see a link to Decanter’s feature on it here: http://www.decanter.com/wine-news/wine-prices-diamonds-fine-art-classic-cars-377577/

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