Reliable investment by Imperial Wines of London
The Master of Wine, Christies Anthony Hanson has said that from an investment perspective, Petrus is one of the very best wines to purchase, considering the fact that its average annual return stands at 14 percent. Imperial Wines of London comments along with Petrus, several other wines were deemed to be investment worthy, including the initial five growths from the famous wine region of Bordeaux. Hanson added that the reason for Petrus’ success has been the commitment of its producers to traditional wine-making methods, which Hanson said ensure that bottles of Petrus are always consistent in quality.
For many years, Imperial Wines of London say that investors have viewed wine as an alternative investment, which they hoped would bring them greater profits that they had found in the stock market. This, according to many wine brokers, is logical, as there is little connection between the financial and wine markets – with wine, the risk is relatively low and for those taking a long-term view it is a wise commodity to invest in.
Imperial Wines of London says fine wine investments tend to be the last to fall during times of economic adversity, and the first to regain strength. Whilst it’s true that the price of wine has risen and fallen with significant frequency over the last couple of years, wine investors are continuing to yield impressive returns, with those who invested five years ago now receiving returns of around ten percent. Although it does take quite some time to profit, investing in wine is often said to be far more enjoyable and rewarding than investing in the stock market. And despite the rollercoaster of price changes over the years, wine has proven itself to be a hugely profitable investment.
According to Imperial Wines of London, there has been a significant increase in the amount of Chinese wine investors; however most of these address their wine purchases to Hong Kong; this is because elsewhere in China, a tax duty of 47% must be paid, but in the capital, wine duties have been abolished. In addition to the rising popularity of wine investments in China, Hanson has said that South Korea, Thailand and Taiwan are also seeing increases in this form of investment.