“Returns have been good over longer periods. Coutts, the private bank, has measured a 134% increase in fine wine values since 2005.”
The Daily Telegraph, October 2015
A key part of the service that we offer at Cult & Boutique is our portfolio management. Our portfolio managers take a pro-active approach, aiming to build a diverse portfolio whilst at the same time providing clients with an insight into the market.
All senior portfolio managers must undertake a minimum of WSET Level 1 as part of their training. Run by the Wine & Spirits Education Trust this foundation course ensures that clients are always speaking with someone knowledgeable. All Cult & Boutique clients are kept up to date with developments via our bi-monthly client newsletter featuring news, opinion and detailed financial information, this is a valuable tool for clients to expand their understanding of fine wine and keep their finger on the pulse of this progressive market. Every client also has access to a private online portal where they can view their portfolio in detail and obtain a valuation with purchase prices and current market low, average and high values.
Valuations are calculated using an independent database of over eight million price points from over fifty five thousand merchants worldwide and updated daily. In addition to financial information clients also have access to online storage statements, wine history and regional information along with back issues of our client newsletter. As well as keeping up to date via our Facebook page and Twitter, many of our clients enjoy visiting us at our offices or one of our private tastings, which have proven to be an ideal way to gain wine knowledge and sample some of the best wines in the World.
“It is such a pleasure and great experience investing with Cult and Boutique fine wine specialists. Your enthusiasm, knowledge and warmth together with humour are the winning combination. I wholeheartedly recommend you!”
J.M. of London, March 2016
Sale of Wines
HMRC classifies fine wine as a ‘Wasting Chattel’ meaning it is deemed to have a shelf life of less than 50 years and as such all profits are generally free of Capital Gains Tax. Cult & Boutique is recognised internationally as a source of some of the most sought after wines in the World. Using our reputation as a merchant along with our strategic international trade partners we can conduct sales from our clients’ portfolios without the need to charge any sales commission or fee. As members of the London Chambers of Commerce & Industry we are able to export wines internationally as well as via online platforms including Robert Parker’s website; the London International Vintners Exchange (Liv-ex); and winesearcher. When looking to exit the market we can also offer physical and online auctions and access to our network of trade sales and internal peer-to-peer sales.
For anyone looking to discuss buying or selling opportunities within the market, one of our experienced team will be in touch to explain the very straightforward process of getting involved.
“Overall, the collectible wine market is strong and is increasingly diversified. While historically Bordeaux and Burgundy have dominated the collectible market, in recent years Italian wines, Californian wines, Champagne and Port have increased in popularity and in value among collectors.”
WealthManagament.com, September 2015