Fine wine markets see price rises
Fine wine markets have witnessed their sharpest monthly price rises since the middle of 2007, according to the director of the Wine Investment fund.
Andrew della Casa said leading fine wine index Liv-ex 100 was up by 4.6 per cent in August, while the Liv-ex Claret Chip rose by 5.9 per cent.
Prices were up 10-13 per cent from the beginning of the year to the end of the month, according to the director.
"Importantly, this return has been achieved with very little volatility - seven of the eight months have seen positive returns," he said.
