TWC Q1 2021 performance

The Wine Capital concludes a successful Q1 2021 with strong returns.

During the quarter, our portfolio generated a return of 2.7%, outperforming the Liv-ex 1000 (up 2.4% in Q1). These unlevered returns have been achieved despite the appreciation of the GBP against major currencies such as USD and EUR.

Investing in fine wine provides not only attractive returns, but also thanks to the low correlation to traditional asset classes, a source of diversification that increases a portfolio’s risk-adjusted return.

Bordeaux and Italy were key drivers of The Wine Capital’s performance in Q1. We maintain a very selective approach in Bordeaux, and our portfolio has a weighted-average score of 97. The portfolio is tilted to recent highly acclaimed vintages such as 2016 and 2019. In Italy our portfolio has a weighted-average score of 98.

The Wine Capital’s investment approach encompasses fundamental research, internally developed data and analysis tools and proprietary trading strategies. All of this, while focusing on ESG considerations such as sustainability and climate change that are becoming increasingly important to both consumers and investors.