CWI Newsletter August 17

30-Aug-2017


CWI Newsletter August 17

Welcome to the Cru Wine Investment August 2017 News update

Fact of the Month

In July 2007, Bordeaux has been awarded UNESCO World Heritage Site status.

Market update

As the summer continues and many of us are enjoying sipping Rosé and Champagne on the Mediterranean beaches, we have continued to work hard throughout the summer. Bordeaux Fine wine has done particularly well in August and we have welcomed many new clients. We look forward to sharing some of our great private Bordeaux bottles with our clients as the fall and winter approach.

 

The market: Following a slight hiccup in April, when the Liv-Ex Fine Wine 100 slipped fractionally for the first time since January 2016, it has recovered and climbed steadily since with year to date growth of 3.3%. The top traded wines, measured by the Liv-Ex Fine Wine 50 index, have increased at twice the pace of the wider index over the last month (0.8%), closing the gap at 3.07% year to date.

 

The international auction market continues to be very buoyant, with over £100m traded in the second quarter of 2017, according to the auction watchdog Wine Market Journal. With the largest single auctions grossing in the region of £5m a piece in Hong Kong and the US, the thirst for Burgundy continues to dominate the market. Interestingly the preference for Bordeaux Second Growths last year has somewhat abated, with the focus returning to the First Growths.

All in all, good news for investors!

CWI update: Our performance on behalf of clients remains strong at +7.2% year-to-date which is more than double the performance of the market index. This is due to our selection of wines, and having sold overvalued wines and replaced with undervalued wines. One of our success stories since the beginning of the year is Gruaud Larose, which we have purchased heavily and is now perceived as one of the best performing wines of the year. We believe this wine to have a lot of upside potential. We therefore offer the opportunity to purchase Gruaud Larose 2007 – 50euro/btl – OWC 12

CWI performance Aug 17

Cru Wine Investment appoints Head of Business Development

CWI is pleased to announce that Alister Rayner has joined the team in London to help grow the business, and lend deeper insight into international wine investment markets. Recently returned from Los Angeles, where he has been based for the last eight years, Alister brings considerable knowledge of the wine investment industry, both in the UK and abroad.

Alister, who has been involved with fine wine investment for over a decade In England and the US, is an international wine judge and a passionate proponent of English wines. After a career developing financial investment products, Alister obtained his MBA in Wine Business Management from the Royal Agricultural College. In the States he worked with private collectors to manage their portfolios, trading through the auction houses in LA, San Francisco, New York, London and Hong Kong, and orchestrating fine and rare wine auctions worth upwards of $1m a piece.

 Cru Wine Investment first home built wine cellar 

We are also proud to present you with our first home wine cellar that we have built over the last 2 months for one of our clients. This was done in partnership with Sturge Design, a designer based in London. If you would like to receive a quote or advice on building your own private cellar, feel free to drop us an email on: info@cruwineinvestment.com, and we will be glad to offer our help.

Wine cellar image
Project Custom Wine Cellars without labelling

Finally, we would like to welcome all our clients on the 5th of October for our second fine wine tasting at 39 Monte-Carlo, Monaco. We will once again serve great wines, along with good food in one of the greatest private clubs in Monaco. Each client will receive a private invitation, and we hope to see as many of you as possible.

 CWI Picture event

Link to the event: http://cruwineinvestment.com/events/2nd-private-fine-wine-tasting-at-39-monte-carlo/

If you would like to start your own private wine investment and receive an investment proposal in fine wine, please complete the link herewith: http://cruwineinvestment.com/wine-investment-packages/

Kind regards

The Cru Wine Investment Team – www.cruwineinvestment.com