Fine Wine
Market Index Performance
The Liv-ex Fine Wine 100 Index is the
industry’s leading benchmark. It
represents the price movement of 100 of
the most sought-after fine wines for
which there is a strong secondary market
and is calculated monthly.
The index is calculated using Liv-ex Mid
Prices and is then weighted to account
for original production levels and
increasing scarcity as the wine ages. As
such, the index is designed to give each
wine a weighting that corresponds with
its impact on the overall market. The
Liv-ex 50, which tracks the daily price
movement of the fine wine market, was
recently included on the Bloomberg
tracker – an indication of the viability
of fine wine as an asset class.
In the first 6 months of 2010 – the
market index was up 27.3%, continuing to
show the strong growth investors have
come to expect from the fine wine
market. It is important to note that
while the index dropped off in 2008, the
market showed much more resilience than
other asset classes during the recession
and by the end of 2009 the index had
come full circle.