#Finewine and good spirits how to

Traditions and mandates governing the production of red wine vary geographically: different regions of the world all have different rules dictating which grape varieties are permitted, how long the wines must age, what the final alcohol content can be, and how to label the wine. These are all comparatively recent additions to the red wine experience. The finest red wines of today follow this general pattern, with the addition of lots of innovations over the years, such as oak barrel aging, filtration, cultivated yeasts, and modern vineyard practices. You just need some grapes, a container, and Mother Nature. Unlike beer, there's no heating involved unlike liquor, you don't need a still. Then, you wait for some ambient yeasts to convert the sugar into alcohol. At its essence, red wine may be the simplest alcoholic beverage in the world: you simply harvest some red grapes, crush them (with a press, or-if you prefer-your feet), and let them sit with their skins for a while to add color.

As spreads on fine wine trading narrow, this is becoming more and more of a viable strategy,” Howard told db.Ah, red wine: friend to hearty dishes, enemy to white shirts. “Rather than buying a few cases and putting them away for a decade, this younger segment is actively bidding and offering each day, looking to trade in and out and many profits that way. “This ‘Wall Street Bets’ generation is slowly finding their way into fine wine and spirits,” he says, but with a much more “proactive stance”. Howard believes the younger cohort “love the ‘DIY’ approach to owning their own assets”, and remain sceptical of traditional fund structures. And assets don’t get much more ‘fixed supply’ than fine wine and spirits,” he says.Ĭru World Wine is seeing a pickup in higher net worth clients looking to fine wine, as well as premium spirits, “specifically as an inflation hedge” - a trend which has burgeoned over the last few years.Īccording to WineCap’s report, 72% of wealth managers and financial advisers expect demand for rare whisky to increase over the next year.īut there is also a new generation of investors engaging in fine wine. Jeremy Howard, CEO of wholesaler and importer Cru World Wine, told the drinks business this morning that he believes a “number of factors” are at play in driving the boom in current fine wine investment.Īn older generation of investors “instinctively understand, and academic research backs it up, that owning fixed supply, physical, assets is a good way to protect wealth from rising inflation. Three out of five of these said that it will increase “significantly”.Īccording to the study, UK wealth managers and advisers estimated that over 40% of their high net worth client base invest in fine wine with an average portfolio allocation of around 10%. It placed fine wine ahead of other ‘passion’ assets, including classic cars, luxury handbags, watches and art, with 96% of wealth managers expecting demand to increase. The report, Fine Wine: The Journey from Passion Asset to Mainstream Asset Class, was conducted among 50 UK-based wealth managers and financial advisers who only deal with high-net worth clients in the range of £100,000 or more. New research from fine wine investment platform WineCap has revealed fine wine’s growing prevalence among high net worth client portfolios. Demand for fine wine is outstripping other investment assets - including watches, luxury handbags, and art - new research by WineCap shows, with investors buying into the category as an “inflation hedge”, Cru World Wine told db.

Finewine and good spirits