A safe way to invest in fine wines

This year, the Liv-ex wine index is up 35%. Some top quality wines have outperformed even gold. And there's no reason why you can't ride this trend too, says Bengt Saelensminde. Here, he explains how.

Never have so many seriously rich people walked the earth. From Latin America to Russia and the Far East, a new set of obscenely wealthy entrepreneurs are making their presence felt.

Take the market for fine wine. This year the Liv-ex wine index is up 35%. And some top quality wines have outperformed gold. All because a generation of newly-minted millionaires are stockpiling rare wines as symbols of their success.

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Bengt graduated from Reading University in 1994 and followed up with a master's degree in business economics.

 

He started stock market investing at the age of 13, and this eventually led to a job in the City of London in 1995. He started on a bond desk at Cantor Fitzgerald and ended up running a desk at stockbroker's Cazenove.

 

Bengt left the City in 2000 to start up his own import and beauty products business which he still runs today.