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Old World Wine, New World DemandReports Stuart Ryan, 19th July 2010
The demand for classic wine from well known established estates is continuing to be strong regardless of the economic woes hitting other asset classes at present. This can be mainly attributed to positive sales in emerging Asian economies which are going against the grain with the level of demand elsewhere in the World. The 2005 vintage managed to break records but current figures indicate that the 2009 vintage will surpass this due to speculators and the ever increasing Chinese demand and provides positive reading for investors that took the opportunity to invest in this sector. Previously at Holden & Partners we have provided our clients with the opportunity to invest in funds that enable exposure to this bespoke area by purchasing amounts in a segregated portfolio over the medium to long term. For recent media commentary please click.
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