Behind the numbers: First Growth movers

Behind the numbers: First Growth movers The Liv-ex Fine Wine 50 Index – tracking the price movements of the ten most recently physical vintages of the Bordeaux First Growths – is currently up 19.3% year to date after seeing some of the strongest upward movements in its history. It has outpaced stocks over this period:…

California wildfire burns winery to ashes

California wildfire burns winery to ashes   The Tuscan Village winery and community complex in Lake County was reduced to ashes by a California wildfire last weekend. Fire crews fought to control the Clayton Fire but were unable to prevent it burning through several buildings owned by Terrill Cellars. Local media said police have charged…

Brexit may boost wine investment

Brexit may boost wine investment Wine investment is likely to become more attractive in post-Brexit Britain, according to 27% of 101 wealth managers and independent financial advisors (IFAs) surveyed by Cult Wines. It said those advisors highlighted two main reasons for a possible rise in wine investment: the fall in the value of sterling greater…