July 29, 2016

Five years from market peak: a divided picture

 Five years ago, the industry benchmark – the Liv-ex 100 index – reached its highest ever level when it closed on 364.7 at the end of June 2011. The Bordeaux 500, which tracks the price performances of 50 leading Bordeaux wines, reached its highest point one month later. This marked the peak of the boom for fine wine that began in mid-2005 and was spurred on when the acclaimed Bordeaux 2009 vintage was released in Spring 2010. But how have prices performed since?