There is a Latin phrase that says “in vino veritas”, which translates into “in wine truth”. It was coined in a different time and place but if it had been done so today, there could have been an extension to it – “in wine truth and profit”.
Indeed, on top of the tangible pleasures that vino offers, people are increasingly turning to it as an investment tool to help diversify their portfolio. And why not?
According to Cult Wines, between August 2015 and 2016, it saw an increase in value of close to 18% across all its portfolios. The firm is one of Europe’s largest wine investment companies and will be celebrating its 10th anniversary in 2017. Its experience means it is equipped to deal with all types of investors.
Aarash Ghatineh is Cult’s Global Head of Sales and recommends that ahead of starting a wine investment portfolio, it is essential to carry out due diligence.
“As an investor, you must understand the market and its specifics. For instance, how will the wine investment benefit you? Explore these benefits and if they align with your investment goals, you can then begin to explore the possibilities of how to get involved.’’