Liquid Assets Archive

  • Fine Wine in the UK, and the UK in Global Wine Markets

    The fine-wine market has started 2017 in robust health. “January […] got off to a flyer,” remarked Goedhuis senior broker, Toby Herbertson. “Trade has remained brisk across February,” confirmed Simon Larkin MW, managing director of Atlas Fine Wines. Liv-ex’s Cellar Watch report stated “March was an active month.”

  • The hare and the mutant ninja turtle

    The booming fine-wine market enjoyed a record year in 2016 by any measure. Ella Lister crunches the numbers to find the strongest performing regions, and speaks to leading merchants and auction houses about their prospects for 2017

  • GREEN SHOOTS?

    Ella Lister examines the recent stronger performance of the fine-wine market and presents an overview of auctions around the world in the first half of 2015

  • Staying positive

    Ella Lister looks at how fine wine has performed recently in comparison with the stock market, rounds up the auctions of this year’s first quarter, and presents the final part in her series on wine-exchange platforms

  • Last-chance saloon?

    Ella Lister examines recent fine-wine market performance, with a special focus on Bordeaux, before looking back at auction results over the course of 2014 and continuing her series on wine exchanges.

  • Index and exchange

    Ella Lister analyzes the fluctuating fortunes of the various fine-wine indices, before presenting the first in a series on the rise and fall and rise again of online wine-exchange platforms

  • Mummy Bear

    As players and pundits ponder whether the bear Bordeaux market is at or close to the end of its retreat, Ella Lister explores the ways in which the fine-wine market as a whole is widening, with bullish Burgundy and Rhône, Piedmont and Tuscany, and a higher proportion of more mature wines making more and more of the running

  • Mixed signals

    Ella Lister charts the contradictory market trends in the first quarter, when auctions showed positive signs of recovery, but key indices for the broader market continued the longest decline in their history.

  • New benchmark on the block

    Ella Lister looks at the fine-wine market in 2013 and what is happening with various trading indices, before presenting an overview of the year in wine auctions

  • Negating the Négociants?

    Ella Lister looks at the fine-wine market in the third quarter of 2013, before presenting the third installment of her coverage of the Place de Bordeaux, examining the feasibility of producers cutting négociants out of the traditional route to market

  • Courting Controversy

    Ella Lister looks at the fine-wine market in the second quarter of 2013, before presenting the second installment of her analysis of the Place de Bordeaux, delving into the multilayered manner in which wine is sold and the value added by both courtiers and négociants

  • Know your place

    Ella Lister looks at the fine-wine market in the first quarter of 2013, before presenting the first installment of her analysis of the Place de Bordeaux, where she aims to clarify some of the more arcane points of the en primeur system and the recent speculation surrounding its survival

  • Looking back and forth

    Ella Lister looks back over the fine-wine market in 2012 and forward to what is in store for 2013, before presenting an overview of the year in wine auctions and offering some vinous anecdotes from Hong Kong, which continues to lead the market

  • Stocking Up or Showing Off?

    Ella Lister looks closely at the auction market and wine indices for the third quarter of 2012. Returning to the subject of SWAG, she also analyzes the reasons behind wine collections across the world, even attempting to predict where the next wine explosion might occur

  • Successful swagger

    Ella Lister casts her analytical eye over the first quarter of 2012, looking at what is selling better than the hard-hit young Bordeaux. The SWAG phenomenon also comes under the spotlight, as she compares and contrasts four high-performing hard assets: silver, wine, art, and gold

  • Bidding for bidders

    Ella Lister analyses the falls in the key fine-wine indices during the second quarter of 2012, as well as the parallel slide in auction rooms, before revealing the very different ways in which auction houses around the world try to woo and wow their customers

  • Lower but Wider

    Reviewing the market and its key players and trends, Ella Lister looks back over 2011 and forward to 2012, asking whether the fall in prices for first-growth Bordeaux might actually be beneficial for the market as a whole, and whether they might still have further to fall

  • A bull in China

    Ella Lister looks at the first half of 2011 in the world of fine-wine auctions and trading, before presenting the second of her three-part investigation into wine-fund management

  • Bubbles and loopholes

    Ella Lister looks at the second and third quarters of 2011 in the world of fine-wine auctions and trading, before presenting the last in her three-part investigation into wine-fund management

  • Summer Sums

    Ella Lister charts the movers and shakers of the fine-wine world from July through September, before delving deep into provenance and the sticky issue of wine transportation-a double-edged sword in these days of high-profile global wine auctions