WineFi Weekly

Welcome to the fifth edition of WineFi Weekly👋
📅 April 15th 2024

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New Splint Collection

Following the success of our first “Champagne Stars” Splint collection, which was featured as one of their high performers of March, and sold out in a matter of weeks - we are collaborating for another release this week!

This time, we are going to Bordeaux. A collection which contains wines from some of Bordeaux’s top producers across a range of vintages. Invest from €50.

Use code WINEFI50 for a €50 bonus when signing up

What’s happening in the wine investing world?

Quarterly Review

One quarter into 2024, the Liv-ex 1000 is down 3.5%, primarily driven by the Burgundy 150 which is down 5.5% year-to-date, the Rhône 100 down 4.8% and the Rest of the World 60, down 3.6%.

The Liv-ex Fine Wine 100: the industry benchmark rose 0.4% in March, its first positive movement in twelve months.

The Liv-ex Fine Wine 50, which tracks the movements of the First Growths and is updated daily, fell 0.6% month-on-month.

Time for Tuscany?

The Italy 100, over the last two years, has been the best performing sub-index of the Liv-ex Fine Wine 1000. It has fallen by just 2.8% over that period, while the Liv-ex Fine Wine 1000 has fallen by 12.6% in a slow period for the Fine Wine Market.

Tuscan wines accounted for five of the top ten best performers in the Liv-ex 100 in the first quarter of the year.

All these ‘Super Tuscan’ wines were recent vintages: Masseto 2019 and 2020, Solaia 2019 and Sassicaia 2018 and 2020.

Tignanello 2021 last traded on the Liv-ex at a 23.1% increase compared to its release price.

The most popular wines of the quarter

Screaming Eagle 2021 led the top-traded wines of the quarter by value following its release in early 2024. Interestingly, the second wine on the list was Sassicaia 2020. The 100-point 2021 vintage was released in February at £2,500 per case, a price offering value considering the wine’s high scores.

Galloni on Domaine de la Romanée -Conti

Last month, Antonio Galloni (Vinous) published his ‘survey’ of Domaine de la Romanée-Conti’s 2021 vintage.

Unlike the previous vintage’s ‘decidedly exuberant’ wines, the critic described the 2021s as ‘much lighter and more translucent, as Burgundy used to be’. Despite the challenging growing season, including April frosts on the vineyards’ upper slopes, Galloni found balance in these wines, in which ‘whole clusters are impeccably integrated’.

His scores reflect the vintage’s difficulties, with no wines above 96 points. Galloni’s top pick was the Montrachet Grand Cru, which he called ‘superb’, followed by the Romanée Saint Vivant which left him impressed.

_{Source: Liv-ex}