Investment Wine ranked 1st in luxury asset performance with 13% growth in year to June 30, 2021 in the Knight Frank Annual Wealth Report.
Wine is the most 'liquid' luxury investment: benefiting from well-established secondary market, with price transparency and efficient routes to market.
The average performance of the luxury assets in the period under review was 3% growth, as recorded by the Knight Frank Luxury Investment Index (KFLII). Investment wine achieved nearly five times this and returned considerably more than the next best performer, rare watches where value grew by an average 5%.
Fine wine is the most 'liquid' luxury investment, in that it benefits from a well-established secondary market, with price transparency and efficient routes to market. Valuations can be clearly explained due to role of Liv-ex and other platforms. Fine wine investment is not wholly reliant on auctions and private sales which can lead to price inflation in the 'heat of the moment'.
