Fine wine prices edge higher

November 13th 2009

There was a good article in the Financial Times yesterday on the strength of the fine wine markets. These are some of the notable points in the article:

Since 1993 fine wine prices have risen more than ten-fold and the asset class is now producing annual returns of around 15 per cent

Fine wine prices are up between 14 and 18 per cent since January, dipping just once in March.

Fine wine has shown significantly lower volatility than gold during most of the period from 1993 and the relatively small 2008 decline in fine wine prices in unparalleled economic conditions has already been more than been made up in 2009.

There is also another article on Investment International from Wednesday that you may wish to check out.

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