For the first time since May 2011 – before the peak of the market – the Bordeaux 500 Index is the best performing sub-index of the Liv-ex 1000 over one year. This has been driven by buyers returning to the market, but looking for value.
The best performing sub-index of the Bordeaux 500 is the Second Wines 50: since February 2015 it is up 8.8%, outperforming all other groups. This has been driven by Asian demand for strong brands – at lower price points.
The second best performing sub-index is the Left Bank 200. It has gained 3.8%, and 16 of the 20 wines within the index have appreciated over the year, as shown below.
Like the Second Wines, the wines within this sub-index have strong brands, good-sized productions and are available at relatively accessible prices – the traditional hunting ground for UK, US and European buyers.
The outright best performer, Beychevelle (+13%), appeals to all of these markets.
Search for vintage prices of the above wines at www.cellar-watch.com – or use the price search widget on the blog sidebar.