Fine wine investment has been on the headlines since the beginning of the year. Indeed, the Liv-ex 1000 which the market’s broader index has returned +10% in 2018, while all traditional asset classes were in red territory. Founded in London in 2007, and after opening our first overseas office in Hong Kong three years ago, Cult Wines decided that the best way to efficiently tap into the growth potential of South East Asia was to open our second overseas office in Singapore. Well prepared, and with the support of our local contacts, we have successfully inaugurated our office and lounge space in the heart of Raffles Place, Singapore’s Central Business District. Since a couple of well attended and joyful launch parties at the end of October, we have continued to spread the word about the qualities of fine wine investment as a diversification from a traditional investment portfolio: steady performance, tangible and tax efficient asset, low volatility and no correlation to the financial markets put fine wine in the ideal spot to start your first ‘passion investment’.
As fine wine investment can seem intimidating to neophytes, we proud ourselves in producing second to none financial analysis to back our investment strategies, while sharing our passion for wine through educational and enjoyable fine wine events around the world. But before you dive in, do take a look at this press article published last month, and at the end of which our South East Asia Associate Sales Director shares his tips for new wine investors worldwide. With the right advice, you will be able to grow your capital and preserve your wealth, while meeting like-minded people to share your passion with.
Read the full article at CNA Lifestyle