Fri, May 6, 2016
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. Comment - Unmasking the men behind Zero Hedge, Wall Street's renegade blog[more]

    From Bloomberg.com: Colin Lokey, also known as "Tyler Durden," is breaking the first rule of Fight Club: You do not talk about Fight Club. He’s also breaking the second rule of Fight Club. (See the first rule.) After more than a year writing for the financial website Zero Hedge under the n

  2. Opalesque Exclusive: Hedge fund talent, fees take a hit at the Milken Global Conference[more]

    Bailey McCann, Opalesque New York: It's been a rough year for hedge funds and now, even other managers are panning them. "Frankly, I’m blown away by the lack of talent," was Point 72 CEO Steven Cohen's assessment of trying to find candidates to hire in the investment business at a panel o

  3. Hedge funds fell in April as alternative UCITS surge in Europe[more]

    Komfie Manalo, Opalesque Asia: Hedge funds shed more in April with the Lyxor Hedge Fund Index down 0.9% during the month (-2.8% YTD), but there was some good news with alternative UCITS showing strong inflows in Europe. In its Weekly Briefing, Lyxo

  4. Global hedge funds recover in April on resurging energy commodities[more]

    Komfie Manalo, Opalesque Asia: Global hedge funds recovered in April with the HFRX Global Hedge Fund Index gaining +0.41% last month (-1.47% YTD), while the HFRX Market Directional Index gained +5.31% during the same

  5. AIG lost $349m in hedge fund portfolio in Q1[more]

    Komfie Manalo, Opalesque Asia: Large US insurance group AIG lost a net $183m for the first quarter 2016, year-on-year. The group blames the loss on the impact of market volatility on investments, as well as net realised capital losses and restructuring costs. Its hedge fund portfolio made a n