BWC Managment & Consulting
London
The wine investment advisory company, BWC Management & Consulting, sees wine as the investment that will outshine the stock market as a suitable haven for carefully planned investment. Wine, along with gold, silver and art, known as the ‘Swag’ assets, offer high-net-worth individuals a more enjoyable vehicle for investment purposes, with chances of far greater returns than could possibly be achieved from other areas of investment in the current economic environment. The stock market and property markets have lost their sheen, losing many people their savings too.
As well as bottled wine from prestige Bordeaux vineyards, which wouldn’t be available directly to the public, BWC clients can invest in wines still in the barrel – known as En Primeur wine, whereas others will opt for the security of antique vintages, particularly if they want a long-term investment. It is here that BWC Management & Consulting team of experienced wine conoisseurs and classic financial investment specialists come into their own, helping each client build the fine wine portfolio that matches their investment requirements.
Fine wine is not only a lower investment risk than ‘paper’ assets. It is also a more tax efficient one as it is not subject to capital gains tax in the UK. Wine assets also receive preferential treatment under inheritance tax. While in storage in government bonded warehouses, VAT and duty do not apply. BWC has for the past 11 years been assisting its clients in tracking down wines as high-growth assets, storing the wines on the clients’ behalf and arrange the sale on the client’s behalf when the market price is right. BWC has identified first growth Bordeaux vintages as the wines most likely to prove their value when sold at a future date.