Fine Wine is a Good Investment Vehicle | Robb Report

“Historical studies have proven that fine wine is always going to appreciate in value over and above the rate of inflation,” says Tom Gearing, managing director of Cult Wines Asset Management, one of the world’s leading wine investment companies. 

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Growth in less obvious emerging markets is fueling the surge in wine investment. Gearing recounted a recent conversation he had with Jean-Guillaume Prats in which the CEO of the legendary Bordeaux producer Château Lafite Rothschild was downright giddy over the prospects in markets such as Mexico and Nigeria, where there’s increasing tremendous interest in luxury spirits as well as fine wines.

And don’t forget about the good ole U.S. of A. With California wines beginning to take their place alongside the best old-world vintages, the opportunity for American investors has never been greater, according to Gearing. For nearly five years, Cult Wines Asset Management’s U.S. index—which represents 10 percent of the company’s overall exposure—has performed in the top three sub-regions of the company’s holdings alongside Burgundy and Bordeaux. Gearing pegs the return on the U.S. index at 62 percent spanning the time frame from November 2013 to May 31, 2018.

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