iNVEZZ.com, an investor portal,has published a new commentary focusing on the February performance of several key Liv-ex fine wine indices, which suggests a revived interest in investing in wine this year. The article is part of iNVEZZ’s alternative investment news section which provides investors with timely updates and information about non-traditional investment products.
Today, iNVEZZ.com, a portal for investors, released a new article commenting on the February performance of several key indices of the London-based Liv-ex fine wine exchange. The observed gains in the indices point to a growing interest in investing in wine in 2013, which comes after last year’s fine wine market decline.
In its article, iNVEZZ quotes data by the London-based Liv-ex fine wine exchange as showing that the Liv-ex fine wine 100 index, the industry’s leading benchmark, posted a 3.1 percent advance in February. iNVEZZ also comments on the performance of several other Liv-ex indices, such as the Bordeaux 500, which rose 3.1 percent in February.
iNVEZZ then comments on some of the February fine wine market trends, such as the observed demand for Burgundy wines, with those interested in investing in wine looking for alternatives to some heavily-traded clarets. iNVEZZ points out the notable performance of certain Burgundies at February auctions, such as Sotheby’s auction in London where a case of white Montrachet 1993 Domaine de la Romanee-Conti fetched the top price. iNVEZZ however notes that the end of the month saw a growing interest in 2010 clarets in anticipation of the scores of the famous fine wine critic Robert Parker.
In its article, iNVEZZ notes that while it remains to be seen whether the observed interest in investing in wine
would continue in March as well, the market has already seen some record claret prices.In addition, iNVEZZ points out that Burgundies are also likely to attract investor attention with a couple of upcoming auctions featuring top Burgundy wines.
The new commentary
can be found on iNVEZZ’s news section on alternative investments, presenting investors with timely updates of current affairs in the investment world. The investor portal however also features in-depth analysis on topical investment issues and insights into mainstream investment products and markets.
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Press release distributed by Pressat on behalf of iNVEZZ, on Wednesday 13 March, 2013. For more information subscribe and follow http://www.pressat.co.uk/