Fri, Mar 24, 2017
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. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He