WINE, LIKE GOLD AND DIAMONDS, HOLDS ITS OWN ON THE MARKET AND PROVES A BETTER INVESTMENT THAN STOCK MARKET. FOLLOWING THE U.S. AND CHINA, FRANCE NOW HAS ITS FIRST WINE INVESTMENT FUND, UZES GRANDS CRUS

Wine is a bargain and definitely one of the most solid investments at the moment, says the English economist Joe Roseman, who argues strongly that investors should feed their portfolios with new assets, such as wine, which in the last 10 years has shown a strong profitability and the most interesting share performance. Wine is a product related to tangible assets, with outstanding durability and without excessive debt burdens, just like gold, which is why many investment funds around the world have decided to focus on premier cru Bordeaux and Burgundy to secure gains. The latest is called Uzes Grands Crus, the first entirely French wine fund (regulated by French authorities and targeted to French investors), created by the property management company Uzes Gestion, which responds to the need to focus on something different and more secure than the stock market.
It follows along the road opened by the Americans and followed also by the Chinese, who from 2011 bet heavily on the Dinghong Fund, founded by Ling Zhijun, manager of Pacific Asset Management in Shanghai, and Zhang Yanzhi, of Jean-Pierre Moueix, producer and distributor of Bordeaux.