©2018 by LeVinum OÜ

Fine wine investment

Cult Wines, which trades wine on behalf of private investors, is one of the beneficiaries. The London-based company Cult Wines has seen the assets it manages surge from £33m in 2016 to £121m this year as investors have been drawn back to the sector.

Here we have the relative performance over six months, a short term time frame by any other than a day-trader yardstick. Hands up all those who foresaw an escalation in trade war tensions three months ago, and did something about it, i.e. buy gold. Of course a magician would have bought oil in March and switched into gold in June, but that’s not the way life is.