Rare whisky a better investment than gold and wine
Rare whisky proved to be a better investment in 2015 than many more established asset classes, including wine and gold.
Figures published by whisky analyst, broker and investment experts Rare Whisky 101 show that the Rare Whisky Apex 1000 Index closed 2015 up 14%.
This means that it outperformed Wine, Gold (-10.44%), and many of the world’s leading equity indices including the FTSE 100 - down 4.93% - and NASDAQ 100 which trailed rare whisky with growth of 9.75%
The total value of rare whisky bottles sold at auction in the UK in 2015 hit record levels of £9.56M, exceeding 2014 (£7.64m) by 25%. Over twelve months, 43,458 bottles of single malt Scotch whisky were sold in the UK on the open market, an increase of 9460 bottles and a 28% increase on 2014.
Whisky investment analyst and co-founder of Rare Whisky 101, Andy Simpson commented: “The recent growth in the rare whisky market has exceeded all our forecasts. The coming year promises to bring even more supply to the market as new auction houses appear. While the sustainability of these volume increases could be called into question, we know for certain that the true rarities will only become rarer.”