Fri, Aug 28, 2015
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Opalesque Radio

Wine as an asset class and its performance through the most recent crisis
Radio Feature Three: Jean-Philippe Weisskopf in conversation with Sona Blessing
 
Wednesday, December 01, 2010

radio Jean-Philippe is a teaching and research assistant, Chaire de Gestion Financiere (Prof. Isakov), at the University of Fribourg, Switzerland where he is currently also a Ph.D. candidate in finance.
Together with his colleague Philippe Masset who is Professor in finance at the Ecole Hoteliere de Lausanne, they have authored a working paper in March earlier this year titled: "Raise your Glass: Wine Investment and the Financial Crisis." This paper uses auction hammer prices over the period 1996-2009, with a special emphasis on periods of economic downturn, to examine the risk, return and diversification benefits of investing in fine wine.

 Download this feature as MP3 (37.18 MB)

 
Listen to the complete feature
Wine as an asset class and its performance through the most recent crisis

Duration: 16:07 

 

Or listen to selected sub-features
  • Q1 - Share the salient findings of your research work.
    Their research shows evidence that the wine market is heterogeneous with wine regions and price categories evolving differently in terms of volume and turnover.

    Duration: 04:49 


  • Q2 - "Our findings confirm the cyclical nature of wine with returns primarily related to economic conditions and not to market risks."

    Duration: 00:49 


  • Q3 - In the context of wine investing - why he believes liquidity risk is the most important risk and the relevance of duration related risk

    Duration: 00:51 


  • Q4 - How should an investor know if they are over-paying for a wine.
    Whether it is "the right" wine to be investing in … and considerations in the context of investing En Primeur (wines futures).

    Duration: 1:34 


  • Q5 - Is there such a thing as “the right price” at which to buy a wine?

    Duration: 01:42 


  • Q6 - If the assumption is that wine prices are inflated; shouldn’t investors wait for a correction before allocating? Or do you believe irrespective, there will always continue to be opportunities?

    Duration: 01:35 


  • Q7 - When to invest vs. in which bottle of wine? To invest in a Bordeaux or not?

    Duration: 01:28 


  • Q8 - Has your data collection exercise, post March earlier this year, revealed the emergence of a recognisable trend?

    Duration: 01:43 


  • Q9 - Can, and under what circumstances will the upward trend in wine prices be sustained?

    Duration: 01:32 



Radio Link
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Commodities - Commodity hedge funds lose most in three years as rout deepens, Funds bet on Shell deal as oil prices plunge[more]

    Commodity hedge funds lose most in three years as rout deepens From Bloomberg.com: Hedge funds betting on commodities lost the most in almost three years in July as the price-rout deepened. Funds lost money for a third month, according to the Newedge Commodity Trading Index, which was re

  2. Investing - Hedge funds suddenly find real money is back in Argentina's debt, Elon Musk buys more SolarCity stock following hedge fund manager short, BlackRock plans to get into rental-home financing[more]

    Hedge funds suddenly find real money is back in Argentina's debt From Bloomberg.com: The real money is back in Argentina. Before the country’s default in July 2014 (its second in 13 years), most long-term investors abandoned its bond market. As they rushed out, Argentina became a favorit

  3. JTC acquires Kleinwort Benson’s fund administration business[more]

    Bailey McCann, Opalesque New York: JTC has completed the acquisition of Kleinwort Benson’s fund administration business, boosting assets under administration (AuA) to $56 billion. Kleinwort Benson is based in the Channel Islands, South Africa. The transaction, which relates to the whole of K

  4. Performance - Hedge funds set to bank millions by short selling during London share slump, The China market chaos has made this hedge fund its most money in 2 years, Odey hedge fund said to surge 9% betting against China, Hedge funds with long-held bearish views on China rack up profits, Hedge funds in U.S. seen curbing damage from August turbulence, Hedge funds collect on their predictions of a fall, How did managed futures do while the Dow was down 1000[more]

    Hedge funds set to bank millions by short selling during London share slump From TheGuardian.com: Hedge funds are set to bank tens of millions of pounds from the slump in share prices in London, having bet almost £18bn that the FTSE 100 would fall. The funds making the bets include Lansd

  5. Opalesque Exclusive: John C Head IV leaves alternative investment firm Gallery Capital, David Harrison joins as co-CIO[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: John C Head IV, former president and co-founder of Gallery Capital Management, an alternative inv