Fine wine is now one of the best performing asset classes and to help clients learn more about investing in it law firm Cripps and Lark Insurance Group organised an exclusive event to discuss the process.
It was held at independent wine merchant The Secret Cellar in Tunbridge Wells where managing director and leading wine expert Mike Watson spoke about the practicalities of investing in wine, discussing what to buy, bonded accounts, capital gains tax, the ‘do’s and don’ts’ and where to go if you do wish to invest.
Phil Youdan, joint host and partner at Cripps said, “The opportunity to see so many wine enthusiasts enjoying an engaging talk and sharing ideas and experiences (whilst also sampling some of the investment opportunities) was the recipe for a very enjoyable evening.
It was also a good chance to collaborate and cement relationships with our local business community.”
Guests enjoyed wine and canapés and had the opportunity to buy top quality wines from some of the premium and boutique producers around the world.
“We offer interesting and unusual wines that you won’t find in the supermarkets,” said Mike Watson. “Most of the producers we work with are small, independent businesses like us, so their wines are hand crafted in small batches, not mass produced.”
This is the third such event that Cripps and Lark Group have hosted together, focusing on the theme of “Investing in…” Previous topics were “Investing in art”, with speakers from Cultural Capital Consultancy and “Investing in jewellery”, with speaker Harry Collins MVO, personal jeweller to Her Majesty the Queen, former Crown Jeweller and founder of G. Collins & Sons in Tunbridge Wells.