If you're keen on wine investing, to look for a wine brokerage in touch with the market, with professional wine brokerages like Premium Liquid Assets store them in Bordeaux warehouses and a range of marketing channels, as exit strategy is key. A wine brokerage can buy your wines, and has wide access to other wine merchants, wine investors and wine auctioneers both at home and abroad.
You can buy these quality wines from anywhere, from supermarkets to specialty wine stores to unit trusts that invest in such wines. But how you store them will determine whether you get a good price. It is said that investment grade Bordeaux wines lose some of their value when shipped overseas for storage. Current investment grade Bordeaux are the '82, '86, '90, '95 and '96 vintages. This is because of stellar wine ratings by wine critics like Robert Parker and Jancis Robinson, who say that these vintages are just about mature and ready for enjoyment. Good reviews prompt people to buy them and that in turn increases the price.
In line with his upbeat assessment of the wine investment market, Ko's company has been launched a wine fund in January 2009. It will be managed by the company itself, instead of farming the trust proceeds out to another fund manager, as some unit trust companies do. The Premium Wine Fund's strategy is to buy investment-grade Bordeaux wines, primarily First Growths and undervalued Second Growths, from cash-strapped European and American sellers who need to realize these assets now. The fund will then market itself in Asia, where demand is healthy, such a strategy should bring rewards to trust holders.
You can buy these quality wines from anywhere, from supermarkets to specialty wine stores to unit trusts that invest in such wines. But how you store them will determine whether you get a good price. It is said that investment grade Bordeaux wines lose some of their value when shipped overseas for storage. Current investment grade Bordeaux are the '82, '86, '90, '95 and '96 vintages. This is because of stellar wine ratings by wine critics like Robert Parker and Jancis Robinson, who say that these vintages are just about mature and ready for enjoyment. Good reviews prompt people to buy them and that in turn increases the price.
In line with his upbeat assessment of the wine investment market, Ko's company has been launched a wine fund in January 2009. It will be managed by the company itself, instead of farming the trust proceeds out to another fund manager, as some unit trust companies do. The Premium Wine Fund's strategy is to buy investment-grade Bordeaux wines, primarily First Growths and undervalued Second Growths, from cash-strapped European and American sellers who need to realize these assets now. The fund will then market itself in Asia, where demand is healthy, such a strategy should bring rewards to trust holders.