Forget stocks and bonds, and pass the vino
A research note released last month by Slurp Fine Wines based in the U.K. provides an in-depth examination of wine as an asset class, including performance, portfolio construction and the future of wine trading. Since its inception in 1988, the Liv-ex 100 Benchmark Fine Wine Investables index - which tracks the most "investible" wines in the market - has grown at an annualized rate of 12% through November. By contrast, the Russell 3000, the Barclays U.S. Aggregate and S&P GSCI indexes posted annualized returns of 7.3%, 7.1% and 6.2%, respectively.