Is Lafite Rothschild the best performing asset of the decade?
A case of 1982 Lafite Rothschild has been the UK’s best performing commodity over the past decade, according to analysis by Liv-ex – The Fine Wine Exchange.
A 12-bottle case of 1982 Lafite Rothschild – a top red wine from Bordeaux that has become increasingly popular in China – has increased in price by 857% over the last ten years, from £2,613 to £25,000.
The best-performing equity (British American Tobacco) increased in price 454% over the same period, while gold prices are up 297%.
Overall, fine wine has proved itself one of the top-performing assets of the “noughties” – beating equities, houses, oil, stamps and fine art.
*31 Dec 1999 to 30 November 2009 / ** Compound annual growth rate.
The top performing wines of the noughties:
Vintage Assets Pte Ltd
