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Asian buyers have continued to snap up top rated mature Burgundy in a succession of recent Hong Kong auctions, but sales also suggest collectors are searching for a greater diversity of wines.
Some of the world’s biggest auction houses are going head-to-head in Hong Kong with a series of fine and rare wine sales.
The Right Bank seems to have bucked a downward price trend seen across Bordeaux since 2011 - and only arrested in recent months - but it’s not quite that straightforward, explains Ella Lister.
Consumer demand for Domaine de la Romanee-Conti and vintage Krug Champagne helped Zachys to achieve one of the biggest New York wine auction totals for several years - despite a number of lots falling short of their high estimate.
US-based consumers have continued their resurgence as wine auction buyers, accounting for 84% of lots sold at the latest Acker, Merrall & Condit sale.
As Bordeaux’s pricing woes continue, interest in Italy as a fine wine investment vehicle grows, with SuperTuscans and Barolos leading the way. Ella Lister analyses the hot prospects
Ornellaia, the Super Tuscan estate owned by Italy’s Frescobaldi family, has revealed designs by Swiss artist John Armleder for its 2012 wines, as market data shows Italian wineries have become increasingly popular with collectors.
APW Asset Management Ltd, which claims to manage £25m-worth of fine wine for clients, is set to become the latest wine investment company to go into liquidation in the UK.
Growing numbers of collectors and investors have come back to Bordeaux in early 2015, according to merchant Bordeaux Index and the Liv-ex trading exchange.
Consumers owed money and wine by collapsed European Fine Wines Ltd in the UK have been targeted by fraudsters posing as both the company’s directors and its liquidator, while London's High Court has ordered another wine investment group to be wound up.