The rate of return on fine wine investment is generally non-correlated to equities in times of stock market downturn. Between 1987 and 2007 decreasing returns from FTSE 100 stocks have tended to correspond to periods of value increase of fine wine.
Sources: Kumar, Wine Investment for Portfolio Diversification, FTSE 100
|
In periods of correlation between fine wine and equity markets, fine wine generally outperforms the FTSE 100.
Sources: Kumar, Wine Investment for Portfolio Diversification, FTSE 100
|