Finewine Investmentreport Volumeone

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Finewine Investmentreport Volumeone FINE WINE INVESTMENT REPORT VOLUME ONE COLLECT, SELL, AND STORE THINK OF US AS THE GO-TO FOR ALL YOUR FINE WINE NEEDS As a fine wine retailer, storage facility, and market- place, we move with the market to create actionable insights for clients, many of which can now be found in this new guide. LOOKING TO DIVERSIFY YOUR PORTFOLIO? INVEST IN FINE WINE Over the last three decades, investment-grade fine wine has performed very strongly against most major asset classes. In fact, analysis of a representative selection of the foremost traded investment-grade wines reveals a Compound Annual Growth Rate of 11 percent since 1988. Furthermore, wine has a pleasingly low correlation with other assets during periods of market disruption—making it a valuable support to a diversified portfolio. LEARN MORE VINPULSE MARKET OVERVIEW 2020 OVERVIEW 2021 PROJECTIONS Between the tariffs put in place in With the tariffs now lifted, October 2019 and the pandemic that European fine wine pre-arrivals are followed in March 2020, one might now excellent options to begin have expected wine investments to investing in again. flop as other investments did during this time. On the contrary, many our take New releases of Bordeaux and segments soared to meet the Burgundy—especially the 2018 moment. on the vintages—are solid investments. current Additionally, Rhône and Spanish Propelled by a favorable wines are a great way to start high-quality-to-price ratio on market diversifying your portfolio. Brunello di Montalcino and Super Tuscans, Italian wine experienced historic growth. Even Bordeaux en primeur proved successful with many châteaux choosing to release the excellent 2019 wines at incredible values. *GROWTH STATISTICS AS REPORTED BY LIVE-EX VINPULSE MARKET OVERVIEW GOODBYE, TARIFFS! Go ahead, get that case of Bordeaux! In March 2021, the European Union and the United States announced the mutual four-month suspension of tariffs related to the World Trade Organization (WTO) Aircraft disputes, including those on select European wines. We are hopeful that a permanent resolution to this dispute will be found in the near future, but we certainly recommend investors stock up on pre-arrival Bordeaux and Burgundy, as well as Rhône, Spanish, and Port wines now during this guaranteed period without tariffs. VINFOLIO TOP TEN VOLUME ONE We’ve gathered the hottest wines on the market right now, based on growth statistics reported by global wine marketplace Liv-ex. According to respected wine reviewers, our top ten are just now hitting their drinking windows—meaning they are excellent choices for investments as the wines progress through peak maturity. These are definitely worth grabbing by the bottle or case. VINFOLIO TOP TEN • VOL 1 TOP-PERFORMING WINES FROM 2019 TO 2020 2010 Château 2013 Sassicaia 2008 Bollinger 2009 Château 2013 Solaia L’Eglise Clinet La Grande Année La Conseillante BORDEAUX TUSCANY CHAMPAGNE BORDEAUX TUSCANY 37% 30.7% 27.4% 24.4% 24.1% 2019-2051 2020-2037 2022-2043 2018-2045 2018-2037 REGION GROWTH PEAK MATURITY VINFOLIO TOP TEN • VOL 1 TOP-PERFORMING WINES FROM 2019 TO 2020 2016 Vieux Télégraphe 2016 Tignanello 2008 Vega Sicilia Alión 2013 Tignanello Châteauneuf-Du-Pape 2006 Dom Perignon Ribera del Duero La Crau Red CASTILLA Y LEÓN TUSCANY RHÔNE CHAMPAGNE TUSCANY 22.8% 21.8% 20.9% 20% 19.2% 2019-2036 2019-2031 2022-2035 2018-2033 2022-2040 REGION GROWTH PEAK MATURITY REGIONS TO WATCH INVEST IN BORDEAUX Bordeaux is our No. 1 recommended buy for investors, as the region has a history of performing exceptionally well, year after year. In fact, producers’ seasoned blending techniques almost always produce very good to excellent vintages, even in difficult years. Now is a great time to purchase more recent vintages like 2015, 2016, and 2018 and historically top-notch vintages like 2005, 2009, and 2010 on pre-arrival. We are currently sourcing these wines heavily ourselves. REGIONS TO WATCH INVEST IN BURGUNDY Burgundy is another historically excellent choice for investors, but be careful not to buy overpriced stateside bottles. Some Burgundy producers brought wines into the U.S. and have included the cost of the tariffs in the retail price of the bottle. To avoid inflated pricing in this segment, we suggest securing European pre-arrival stock. REGIONS TO WATCH INVEST IN CHAMPAGNE & RHÔNE Historically, seasoned wine investors have often turned to Bordeaux and Burgundy wines, but it’s clear from recent trends that they are no longer the only French wines worth considering. Several wines from Champagne and Rhône have performed exceptionally as of late, and we see this trend continuing through 2021. REGIONS TO WATCH INVEST IN ITALY & U.S. Both the Italian and U.S. fine wine segments have performed well over the last year, likely in response to the tariffs on European wines and the emergence of some really exceptional vintages to the market like 2015 and 2016 Brunello di Montalcino. Italian investments that performed the best included Tuscan wines like Tignanello, while investments from the U.S. that performed the best primarily came from California, specifically the Oakville region of Napa Valley. WINE SUCCESS STORIES 2010 Marques y Murrietta Castillo Ygay Rioja Gran 53.85% Reserva 99 POINTS, JAMES SUCKLING Representing Wine Spectator’s No. 1 wine of 2020, the 2010 Marques The day Wine Spectator made the No. 1 wine announcement, y Murrietta Castillo Ygay Rioja Gran Reserva has increased in Vinfolio’s agile buying team was able to acquire about 90 percent of value by 53.85 percent over the last five years. This available Liv-ex stock and then offer it at a great value for Tempranillo-dominated blend from Spain’s Rioja region is “rich yet customers. harmonious,” Wine Spectator says, and “should drink well for decades.” WINE SUCCESS STORIES 2009 Château Lafite 30.43% Rothschild 100 POINTS, JAMES SUCKLING From King Louis XV to Thomas Jefferson, some of the world’s most commenting on the wine’s “freshness and delicacy.” At 12 years old, famous oenophiles have coveted and collected the spectacular “time has already worked its magic and this is already delicious,” wines from Château Lafite Rothschild. Signifying just what a top Suckling says, but it has “decades in front of it.” Now is a great time First-Growth Bordeaux can do on the market, the 100-point 2009 to secure this impressive Grand Vin. vintage has increased in value by 30.43 percent over the last five years. “This is what Medoc is all about,” says James Suckling, EXPAND YOUR COLLECTION 2018 Tenuta San Guido 82.93% 63.39% Sassicaia 2004 2010 97+ POINTS, WINE ADVOCATE Tenuta San Guido’s Sassicaia wine is unquestionably one of Italy’s top-rated Sassicaia vintages, 2010 and 2004—both rated most highly anticipated releases vintage after vintage. Not only did 97 points by Wine Enthusiast—have increased at incredible rates the most recent release, 2018, deliver quite the memorable over the last five years (63.39 percent for the 2010 and 82.93 percent Sassicaia bottling, but it also represents this iconic wine’s 50th for 2004). With the price currently down on the 2018, we highly anniversary! With a drinking window from 2024 to 2045, this recommend collectors buy this wine now! monumental wine will only increase in value as it ages. Similarly EXPAND YOUR 25.38% COLLECTION FINE AUSTRALIAN WINE 1998 Penfolds Grange From the Barossa Valley to McLaren Vale, Eden Valley, Marlborough, Australia’s fine wine producers have also enjoyed a large growth in and beyond, Australia produces wines of supreme complexity with “a the value of their wines. The 98-point–plus (Wine Advocate) 1998 hedonistic charm that makes them disarmingly approachable,” Karen vintage of Penfolds’ acclaimed Grange bottling, for instance, has MacNeil of The Wine Bible says. The grape that reigns supreme here increased 25.38 percent in value over the last five years. For is Shiraz, or Syrah produced in a riper style, that results in value-seeking investors, this is a great region to start watching. “seductive, lusciously textured, complex” reds, MacNeil says. Over the last 20-plus years, Australian wine has grown in demand, and EXPAND YOUR COLLECTION MCLAREN VALE’S CLARENDON HILLS In 2020—after a 10-year-hiatus—Australia’s iconic Clarendon Hills Astralis, is sourced from vines planted in the 1920s, and we expect began importing wines back into the U.S. exclusively through recent vintages like the 100-point (Wine Advocate) 2015 vintage to Vinfolio. Thus, we can guarantee that these winery-direct, continue to increase in value through its drinking life over the next single-vineyard Syrah, Grenache, and Cabernet Sauvignon treasures two decades. The 2016 Clarendon Hills wines are out with critics from McLaren Vale offer perfect provenance. The winery’s flagship now, and—after tasting these ourselves—we expect great results. Syrah, the lush and concentrated ON THE HORIZON WHAT’S TO COME 2020 BORDEAUX Picked during a pandemic, Bordeaux’s 2020 vintage already holds great historical significance, but producers say the grapes also offer a lot of potential for a very good to exceptional vintage. “There’ll be some terrific wines from 2020,” Jancis Robinson says. “Yields for many estates are lower, with less juice due to heat and drought, but the quality is high,” she adds. We hope the recent four-month tariff suspension is a good sign for a full lift to come, making this release even more alluring for investors. ON THE HORIZON WHAT’S HOT 2018 & 2019 BORDEAUX The releases of 2018 and 2019 Bordeaux—both featuring wines of incredible quality—were met with unfortunate market circumstances. 2018’s en primeur season was followed just a few months later by the announcement that certain European wines— including Bordeaux—would be subject to a 25 percent tariff.
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  • Tuscany En Primeur When? on June 4Th, at the International Culinary Center in Crosby Street
    INTERNATIONAL Year 1 no.11 May 2012 Editor Lorenzo Ruggeri Our magazine TRE [email protected] for free on your iPad 2011 Berebene low cost BICCHIERI ADV Director Franco Dammicco 2011 monthly news for wine professionals [email protected] winetravelfood magazine ® Dealer Poster Pubblicità [email protected] 2011 i dolci Gambero Rosso Holding spa di Santin Via Enrico Fermi 161 tuttifritti 00146 Rome (Italy) rivista mensile foodies TUSCANY RED AND WHITE Savor Siena in New York. Tuscany En Primeur When? On June 4th, at the International Culinary Center in Crosby Street. The tasting will feature two of the wines at the heart of the zone’s production. The white, Vernaccia di San Gimignano, is from the fabled town of towers. The red, Chianti dei Colli Senesi, is from the Sienese hills. Finger food and other small creative mouthfuls will accompany the wines. At 3 p.m, a by Antonio Boco, Paolo De Cristofaro, Giuseppe Carrus master class will look deeper into their nature. Chianti Classico Brunello di Montalcino Vino CONFIRMATION CONFIRMATION Nobile di Montepulciano Badia a Coltibuono | Chianti Canalicchio di Sopra | Brunello CONFIRMATION Classico Badia a Coltibuono ’10 di Montalcino ’07 Boscarelli | Nobile di In our opinion, for years the Chianti Classico The 2007 seems like a truly special vintage Montepulciano ’09 made by Badia has been one of the most year for the Montosoli area and for the sensual and seductive. It has a fine texture, Canalicchi crus of the northern sector of The fascinating nose of the Nobile ’09 released silky and crisp. Nuances of wild strawberries Montalcino.
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  • Bordeaux 2018 En Primeur Offer
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  • Bordeaux 2020 En Primeur
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  • Wine Tasters, Ratings, and En Primeur Prices*
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  • Bordeaux Wine Locators 2015 Bordeaux En Primeur Report
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  • Most Admired Wines 2011 Supplement
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  • Antinori En Primeur Offer for 2019
    2019 EN PRIMEUR OFFER 5 ANTINORI OVERVIEW The Antinori family has been producing wine in Tuscany for six centuries and exporting it for four – that’s 26 generations of uninterrupted family ownership, making them the 10th oldest company in the world still in the hands of the same family. They moved to Florence in the early 13th century, and remain central figures in the fabric of the city. Piazza Antinori is the square in the historic centre where Marchese Piero Antinori still lives. The purchase of the Tignanello estate in 1850 marked the beginning of a remarkable period of expansion, which shows no signs of abating. Through judicious acquisition of vineyards, and an uncanny knack for developing iconic wines, Antinori has become Tuscany’s – arguably Italy’s – preeminent wine producer, establishing an important presence in Piedmont, Umbria, Puglia and Lombardy. Marchese Piero Antinori sums up the company’s outlook thus: “Ancient roots play an important role in our philosophy, but they have never held back our spirit of innovation.” Today the president of the company is Albiera Antinori (Piero’s eldest daughter), while the Marchese retains the title of honorary president. Renzo Cotarella, creator of Cervaro della Sala, is the CEO and chief winemaker. **At Wimbledon Wine Cellar, we have had a close association with the Antinori family for over 30 years. It has been a wonderful association as we were one of the the first people to ship this family's wine into the UK. They have been pioneers, and we are proud to stock a whole selection of these super wines.
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  • Dominio De Pingus “One of the Greatest Young Red Wines I Have Ever Tasted.” Robert Parker Hile Other Spanish Wines Have Acheived Tempranillo to Its Upper Limits
    Dominio de Pingus “One of the greatest young red wines I have ever tasted.” Robert Parker hile other Spanish wines have acheived Tempranillo to its upper limits. He spent the first international recognition, Pingus is one of few years pruning his vines back to a healthy bal- Wthe very few that has joined ance—the trunks were straight- the ranks of the world’s most coveted ened, lowered, and canes were wines. Like Coche-Dury’s Corton- pruned back to 1-2 buds per Charlemagne, Guigal’s LaLa wines, or stump. Yields have typically Giacomo Conterno’s Monfortino, been under one ton per acre. Pingus is known and revered wherever Pingus is fermented in large great wine is discussed. wooden vats and, once in R A R E W I N E C O. Like those other esteemed names, cask, is mostly left alone. It is largely raised in new bar- Pingus has a quality that is often Peter Sisseck lacking in today’s “modern” wines—a riques, though the flavors of sense of utter inviduality. For there is no other wine the oak vanish into the enormous concentration. in the world today that shares Pingus’ unique signa- Pingus is indeed a wine that is magical in the T H E ture and, ultmately, that singularity is one of the way that it balances otherworldly richness with a fundamental requirements for great wine. rare sense of elegance. The Early Years Peter’s winery work has been widely imitated, and many wines can mimic the exotic textures that Pingus is produced by the visionary Danish wine- Pingus possesses.
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  • A Copula Function Analysis of Bordeaux En Primeur Wine Raters
    Journal of Wine Economics, Volume 14, Number 2, 2019, Pages 133–144 doi:10.1017/jwe.2019.4 Who Will Replace Parker? A Copula Function Analysis of Bordeaux En Primeur Wine Raters Don Cyr a, Lester Kwong b and Ling Sun c Abstract The influence of the wine rater Robert Parker Jr. on Bordeaux wine extended over a 40-year period, with a particular impact on en primeur wine prices. Consequently, his announcement in 2015 that he would no longer rate en primeur wines creates some uncertainty for many cha- teaux that have purposely designed their production with his palate and preferences in mind. Although the wine rater Neal Martin was named by Parker to be his successor in terms of en primeur wine ratings, there are several other wine critics who have consistently rated en primeur wines over several years. Consequently, we employ copula function analysis to explore which wine critics’ ratings exhibit the closest linear and nonlinear relationship, for right bank en primeur wines, with those of Parker. The study employs data over the period of 2005 through 2012, during which time several wine critics, including Neal Martin for the period of 2010–2012, rated en primeur wines alongside Parker. Our results indicate that of the wine critics that continue to rate en primeur wines, the ratings of James Suckling exhibit the highest rank correlation and also bivariate upper tail dependence, identified through copula function analysis, with those of Parker. (JEL Classifications: C19, G13, L66) Keywords: copula functions, en primeur, wine critics. I. Introduction Numerous studies such as Cyr, Kwong, and Sun (2017b), Noparumpa, Kazaz, and Webster (2015), Ali, Lecocq, and Visser (2010), Ashenfelter (2010), and Jones and Storchmann (2001) have shown that Bordeaux en primeur prices are heavily We are grateful to Ms.
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  • Robert Rolls Burgundy En Primeur Offer 2020 Vintages 2017 and 2018
    1 Robert Rolls Burgundy En Primeur Offer 2020 Vintages 2017 and 2018 Vintage Summary 2018 – The times, are they a-changing? The one word we heard more than any other while tasting the 2018s was ‘solar’, meaning warm, hot, influenced by the sun. Whether the 2018 vintage goes down as an outlier or the new normal remains to be seen, but what we do know is it was the warmest year since 2003, with sustained temperatures above 30c for much of July and August. Comparisons with that previous ‘solar’ vintage are inevitable, but it is in the differences between the two years, specifically the availability of water, where we find the most enlightenment on the character of 2018 and its wines. 2018 began with a wet winter, which would prove vital as the season progressed and temperatures rose. The wet winter filled aquifers and soaked into the clay meaning the vineyards had water reserves and the vines, with their deep roots, didn’t experience the hydric stress of 2003; in turn this meant that ripening could continue uninterrupted. Under drought conditions vines can stop photosynthesising, which in turn stops the fruit from ripening and can lead to harsh, green tannins in the eventual wines. I would say that this was the major quality factor in 2018 and the most important condition that sets it apart from 2003. Although sugar levels were high, well managed vineyards were able to achieve good phenolic ripeness before the acidities dropped too drastically. Picking date, perhaps the single most important decision of a vigneron’s year, was more important than ever, a matter of two days could see a 1-2% rise in potential alcohol.
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  • The Wine Performance Report 2021 (Pdf)
    “The London-based investment company turning wine into Gold!” Luxury Lifestyle Magazine “Fine wine has remained an outstanding option with annual growth of up to 75% for the year’s top performing wines.” UK Investor Magazine “If you had invested in fine wine this year, you could relax knowing that no matter what the markets were doing your investment was increasing in value” Hedge Magazine FINE WINE INVESTMENT FIRM OF THE YEAR EUROPE GLOBAL BANKING & FINANCE AWARDS 2019 & 2020 CONTENTS Page 05. Welcome To OenoFuture Page 06. WHAT IS EN PRIMEUR? Page 10. AUSTRALIA Page 10. Penfolds Page 13. BORDEAUX Page 13. Liber Pater Page 14. Chateau Margaux Page 14. Chateau Mouton-Rothschild Page 15. BURGUNDY Page 15. Domaine de la Romanée-Conti Page 16. Louis Jadot Page 16. Remoissenet Père & Fils Page 18. CALIFORNIA Page 18. Screaming Eagle Page 19. Opus One Page 19. Harlan Estate Page 20. Vérité Page 20. Cardinale Page 22. CHAMPAGNE Page 23. Krug Page 24. CHILE Page 24. Seña Page 25. LEBANON Page 25. Chateau Belle-Vue Page 26. PIEDMONT Page 26. Giacomo Conterno Page 29. SPAIN Page 29. Artadi Page 30. TUSCANY Page 30. Tenuta San Guido Page 33. Masseto Page 33. Fattorie dei Dolfi Page 34. VENETO Page 34. Quintarelli Giuseppe 2 _ OENO WELCOME TO OENOFUTURE “Our vision at OenoFuture is to open the door to the world of fine wine to ev- eryone, not just industry insiders and wine experts. From its early beginnings in 2015, OenoFuture has carved out a niche for providing market-leading in- vestment services to those looking to enter the inspirational but sometimes mysterious world of fine wine.
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