Bearish equity markets in UK could prompt investors to seek investment in less-correlated markets like fine wine, according to a study by China-based Cult Wines. The study found fine wines were relatively less volatile than global equities over the 10 years to end 2017. Separately, Swiss bank Julius Baer also suggested that fine wine had outperformed global equities and gold over the past 12 years. While there are liquidity and other risks to consider, major wine hubs like Hong Kong are expected to benefit from the 30% growth predicted for UK's wine market to 2021.
Bearish equity markets in China could prompt investors to seek investment in less-correlated markets like fine wine, according to a study by UK-based Cult Wines. The study found fine wines were relatively less volatile than global equities over the 10 years to end 2017. Separately, Swiss bank Julius Baer also suggested that fine wine had outperformed global equities and gold over the past 12 years. While there are liquidity and other risks to consider, major wine hubs like Hong Kong are expected to benefit from the 30% growth predicted for China's wine market to 2021.