KNIGHT FRANK - Cars and wine battle for pole position in investment race
by marcin stojak
2017-06-13
Classic cars drop to second place in Knight Frank Luxury Investment Index as wine takes the chequered flag
Rubber-burning price growth means classic cars have dominated the Knight Frank Luxury Index (KFLII) for the past decade, but since early 2016 wine has accelerated rapidly and has now overtaken them.
The value of the Knight Frank Fine Wine Icons Index rose by a sparkling 24% in the 12 months to the end of March 2017, while the HAGI Top Index, which tracks the performance of the world’s most collectable cars, managed a relatively modest rise of just 6% over the same time.
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classic cars, fine wine, Fine Wine Inve, investments of passion, Knight Frank Fine Wine Icons Index, Knight Frank Wealth Report, Knight Frank's Luxury Investment Index, passion investments, wine, wine for sale,
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