Wine investors may have had their fingers burnt as some of the top French wine labels have fallen by 30 per cent from their peak, but Schroders senior adviser Alan Brown believes this may just be the right time to pick up some of those labels.
A fund manager for more than 38 years, Brown is an oenophile and has a collection of 3,400 bottles, accumulated over 20 years.
To him, wine investment is similar to stock investment in many aspects. "Wine prices usually follow the equity markets though there may be some disconnect and differences at times," he said.
via Business feed http://www.scmp.com/business/money/markets-investing/article/1106952/time-stock-top-french-labels-says-wine-expert
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