An investment worth toasting

Wine is one of the most exciting 'alternative' investments. Chosen carefully, it can show good profits and has the added benefit that it is exempt from capital gains tax. In the last five years auctioneers and wine merchants alike have seen strong demand from Asian and Russian buyers to add to their traditional UK and US clientele. With the global downturn in equities, increasing numbers are likely to find wine an attractive investment medium. The three pillars for success in wine are to stay focused on a small number of leading estates and shippers, opt only for top vi...