Fine wine has grown dramatically in popularity among investors after holding up well during the financial crisis and a recent boom in interest from Asian markets Photo: Alamy
French Wine Investors Should Look Overseas -- The Telegraph
When it comes to investing in fine wine, expensive and well-established French vineyards are traditionally regarded as the safest bet.
But prudent investors should consider moving into Italian, Australian or even Portuguese wine to avoid "putting all their eggs in one basket", researchers claim.
Although the history and reputation of French wine makes it the most robust player on the international fine wine market, a single year of bad weather could destroy the value of a portfolio consisting solely of Burgundy and Bordeaux.
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My Comment: The election of the Socialists will impact France's wine industry. The previous Socialist government specifically targeted wineries and their cellars with special taxes, I would not be surprised if the new French government starts to do the same thing.
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