Trust the skill of the Cubans

Ageing is the hottest thing to hit the cigar market. Chris Carter looks at how investors are cashing in.

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The Wellesley's humidor stocks £1.5m-worth of cigars
(Image credit: © Michelle Chaplow)

Ageing is the hottest new thing in cigars, says Nick Foulkes in the Financial Times's How To Spend It magazine. "In essence, ageing is a gentle continuation of the fermentation of the tobacco that began after harvesting and curing There are few cigars that will not benefit from a year or two of climate-controlled rest: the ammoniac tang dissipates; harsh flavours mellow", woody notes are accentuated, and the various flavours harmonise.

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Chris Carter
Wealth Editor, MoneyWeek

Chris Carter spent three glorious years reading English literature on the beautiful Welsh coast at Aberystwyth University. Graduating in 2005, he left for the University of York to specialise in Renaissance literature for his MA, before returning to his native Twickenham, in southwest London. He joined a Richmond-based recruitment company, where he worked with several clients, including the Queen’s bank, Coutts, as well as the super luxury, Dorchester-owned Coworth Park country house hotel, near Ascot in Berkshire.

Then, in 2011, Chris joined MoneyWeek. Initially working as part of the website production team, Chris soon rose to the lofty heights of wealth editor, overseeing MoneyWeek’s Spending It lifestyle section. Chris travels the globe in pursuit of his work, soaking up the local culture and sampling the very finest in cuisine, hotels and resorts for the magazine’s discerning readership. He also enjoys writing his fortnightly page on collectables, delving into the fascinating world of auctions and art, classic cars, coins, watches, wine and whisky investing.

You can follow Chris on Instagram.