Oracle Capital Group entered another exciting and promising business collaboration recently with IG Wines Ltd (IGW). IGW is an investment advisory specializing in investable wines.
Investing in fine wines is approached by IGW as a commodity market. It is an alternative investment class with high long-term return prospects and a low level of volatility. IGW provides direct investment solutions including advisory, storage, logistic services and a live trading platform with real time market valuations.
The market for fine investment grade wine is very specialized, with a highly limited supply and an ever expanding demand. In order to be successful in this enterprise, it requires one to work with highly experienced individuals with industry leading knowledge of classification, heritage, price and trends.
According to IGW, they have created proprietary software that “creates a trading universe for wine investment and the tools for dynamically managing it… thus creating an efficient and emotion-neutral mechanism to identify and select investable wines.”
IGW notes several important rationales for investing in wine:
- Limited and Decreasing Supply
- Improvement of Wine over time
- Steady Growth of Global Demand
- Exponential Growth in Asian Market
- Tax Efficiency
IGW provides a complete range of fine wine investment solutions and services. IGW’s Live Trading Platform is a highly automated and live online buying and selling platform with no advisory, performance or management fees. IGW stores the product in government bonded warehouses, with the clients having physical ownership and have the ability to use the product at their discretion. Storage in UK government bonded warehouses also means that there is no duty, VAT or capital gains tax on a client’s investment returns.
IGW is also proud of VINVAULT, which is a unique “virtual cellar” available only to IGW clients. With Vinvault, clients can view all their physical wine holdings online. Additionally, Vinvault allows clients to buy or sell wines within their portfolio, enter wines purchased elsewhere into their vinvault account, request buy offers, review historical data of all IGW wines in their portfolio as well as the wines listed in the IGW Universe.
Oracle Capital Group believes that part of a successful business strategy is always being open to new markets and working with trustworthy and experienced business partners. This new collaboration with IG Wines fulfills both of those strategies. Both OCG and IGW are looking forward to presenting new clients to the promising venture of fine wine investing.
