Wine market report Q4 and review of 2018 – The Property Chronicle
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Wine market report Q4 and review of 2018 The wine market performance during 2018

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In a year, and particularly the last quarter of great uncertainty, the wine market has proved to be a place of great refuge – the WO 150 increased by 10.3%. The wine market performance during the fourth quarter of 2018 was flat, having been gently on the rise until December when indices, including the red-hot WO Burgundy Index, came off a little, in line with a noticeable drop off in turnover throughout the market. In the context of all asset classes, this is another demonstration of the low correlation with more conventional investments the wine market enjoys. Ongoing trade wars between China and the U.S. continued to damage confidence across the board, hitting stock markets, both developed and emerging and depreciating the Yuan – a significant factor as we estimate 40% of fine wine by value lands there. As global markets faltered the wine traders of London, the epicentre of the fine wine trading world, were and still are, gripped in the throes of Mrs. May’s desperate attempts to pass her Brexit bill.






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About Miles Davis

Miles Davis

Miles Davis is a guest contributor from Wine Owners (www.wineowners.com), the fine wine collection management and investment platform based here in London. Miles is a professional wine consultant working in the fine wine market. He has been a wine collector for thirty years and managed wine investment funds between 2006-17 for Wine Asset Managers LLP.

Articles by Miles Davis

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