Alternative Outlook

The Bordeaux Index returned 14pc in the first six-months of the year compared to the FTSE100 return of just 1pc.

Investors in fine wine have enjoyed steady gains of over 13pc during the first six months of the year. Bordeaux continues to dominate the fine wine market, accounting for over 70pc of turnover by volume and nearly 85pc by value.

“The health of the wine market in general is reinforced by the fact that Q1 sales rose 15%,” said Gary Boom, founder and MD of fine wine merchant Bordeaux Index.

“Asia remains …

It has so far been a good start to the year for investors in fine wines – with prices continuing to climb thanks to demand in both traditional and emerging markets.

Fine wine prices were up 3.7% month-on-month, according to Bordeaux Index, making it a record February for sales by the index provider and fine wine merchant.

In comparison, global equities rose 1.72% from February 1 to today, according to the MSCI World Index IMI.

The strong February comes on the back of equally good returns in January, when prices rose 3.8%, co…

Fine wine investors are being urged to exercise caution when buying “less prestigious second growth” wines, given the large volumes available and lack of growth in emerging markets, says Bordeaux Index.

Gary Boom, the firm’s founder and managing director, said: “Though the market for the less prestigious second growths is almost as buoyant , much of the heavy lifting is still being done by buyers from the UK.”

He warned: “With eight times the volume of wine available as for the first growths – and some genui…