A report released recently by the global fine wine trading platform Liv-ex demonstrated that wine was a more stable investment than equities markets across 2020. While the equities indexes all plunged with the March pandemic panic – before recovering to various degrees – Liv-ex’s wine index for the 100 most traded wines sailed serenely on, barely troubled by the lockdowns and restaurant closures. Only the S&P 500 beat its performance by year’s end; in fact, only the S&P 500 and the Liv-ex 100 were in positive territory by November, compared to the FTSE, Hang Seng and the Dax indices.
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