Wine investors rake in returns

Fine wine continues to thrive as a relatively stable investment prospect amid wider market turmoil, according to the latest figures from the Fine Wine Fund (FWF). The fund has returned 19.4 per cent for the year to date, with the unit price increasing 5.1 per cent over the month of April. The fund’s managers said Far Eastern demand for the Lafite Rothschild continued to be “insatiable”, while the fund was also boosted by the expectation of very high “en primeur” prices for the 2009 vintage in Bordeaux.