Young UK investors seek out alternative assets

A recent research report undertaken by Bordeaux Index, an internationally acclaimed merchant for fine wine, has revealed that young investors in the United Kingdom are looking to fine wine for a way to grow substantial wealth, as part of an investment strategy in post-pandemic Britain.

Consumers of all ages seeking expert investment advice in Shropshire, Derbyshire and other UK counties sometimes consult wealth management firms. Able to offer specialist guidance on different asset classes, wealth managers help their clients develop diverse and resilient investment portfolios.

The study found that around 73 per cent of respondents under 25 who are investing in fine wine said that they spend approximately £20,000 each year on these liquid assets. A substantial minority of seven per cent stated they spend anywhere £50,000 to £500,000 a year, demonstrating a strong trend for a high proportion of wealthy investors to possess portfolios involving fine wine.

The survey of 2,000 British investors uncovered that almost 46 per cent of respondents had already shelled out for alternative investments. Along with fine wine, these assets included art, whisky and cryptocurrency. This figure increases to 62 per cent for investors who are under the age of 25, dropping to 24 per cent for older investors aged over 65.

The study also delved into why fine wine was selected by young investors. Around 39 per cent stated that it had an accessible investment entry point while around 35 per cent admitted the assets were selected based on a personal interest in wine.

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