Market volatility surrounding the upcoming EU referendum in June could threaten return prospects from the fine wines sector in 2016, with the fall in sterling already impacting the cost of European imports.
According to Peter Shakeshaft, CEO and founder of Vin-X, a fine wine investment specialist, the UK makes up such a significant portion of fine wine purchases that the referendum could easily "impact the market as a whole", which has outperformed all major indices - as well as gold and property - over a 25-year plus period. The Liv-Ex Investables index, made up of some 200 wines from 24 of the top Bordeaux Chateaux over the last 30 years, has returned a staggering 1,474% since 1988, versus 783% for the S&P 500 and 306% for the FTSE 100. Renewables, direct lending and volatility: Man...
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