Fine wine is often described as a ‘passion asset’, a luxury product that holds high value and holds a significant position within the alternative investment industry. Investors have been investing in high quality controlled wine, typically with a limited supply, thus providing an investment grade wine and providing an asset to the investor. Not only is fine wine a luxury enjoyed by many, but also a fruitful investment opportunity.
Fine wine has conveyed a strong place in the alternative investments market. The fine wine index increased significantly by 11.3% between the beginning and end of 2017 alone, which is almost twice the gains of the FTSE 100. Not only does fine wine exhibit an compound annual growth rate of 10-20%, but has also proven to be the best performing asset class amongst other passion assets, therefore proving promising returns to those who invest in this alternative option.
High Net Worth Individuals are those who have a salary of more than £100,000 per annum or savings of over £250,000.
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