Is now a good time to invest in fine wine?

Following the announcement of Robert Parker's latest wine scores, Scott Assemakis, managing director and founder of European Fine Wines, analyses the state of the asset class.

Last week, Robert Parker - the world's most influential wine critic - released his scores for the latest vintage of Bordeaux investment grade wine. In the following weeks, the relevant Parker scores will play a central role as the chateaux price their wines. But why are Parker scores so important to the wine industry and, more importantly, to investors? Parker has a 30-year worldwide, unblemished reputation (in the main), and what sets Parker aside from everyone else is the way he writes. He is known for being the critic who made reading tasting notes interesting, as well as providin...