 |
Bordeaux has become a tricky purchase, requiring extensive industry knowledge for a smart investment return. En primeur, once a value investment , is now priced to market. Many grand cru classes, having enjoyed a steep price increase in the past decade, can be susceptible to a price fall.
Example of key market movements affecting investment and returns:
Chateau Latour pulling out of en primeur champagne, less young wines will be released; Pavie and Angelus being upgraded to Grand Cru Classé A; Pontet-Canet continues to out-perform in quality (and parker rating); Chateau D’Yqeam not producing a 2012 vintage; and Chinese appetite for super-premium wines curbed under the new government regime.
More Portfolio: Burgundy | Champagne | Italy | Rest of the World
@ 2013 Gemini (Asia) Holding Ltd. All rights reserved.