Few things are lovelier than popping the cork of a prized, respected vintage wine. That’s a given. But aside from these pleasurable moments, investing in wine can be a smart, savvy approach to diversifying a solid financial portfolio. Wine has offered a consistently high return to its investors over the years, especially over the last 15+ years which represents a more than 13% annual gain.
Demand is at the heart of wine’s market performance. The main driver for global wine growth is the specific demand from emerging markets dominated by the newly wealthy.
For example, wine consumption in China has grown by approximately 170%; Russian consumption by over 80%; and South Korean consumption by over 75%. The primary driver is the investor from China or Hong Kong, particularly since the 2008 abolition of all import duties in Hong Kong.
If you are ready and willing to take the next step, Westgarth Wines is here to recommend the best and most financially sound wine investments for optimal portfolio returns.