Liv-ex Fine Wine 100 Index Grows In June
The last four years have brought slow decline to the market, but there is evidence that the light at the end of the tunnel is nigh. The Liv-ex Fine Wine 100 gained 0.9% in June to close on 244.08. This puts it up 3.4% on the level of June 2014, bringing it back into positive territory over a one year period for the first time since November 2013--the en primeur market might have been described as "lackluster" but people who invest in fine wine are at last opening their wallets.
The Liv-ex Fine Wine 50 also gained for the fourth consecutive month. It closed on 272.04, up 0.7% on May’s close.