July saw an update to the Liv-ex 100 index, the industry leading benchmark which represents 100 of the most sought-after wines from a number of regions for which there is a strong secondary market. To qualify, wines must have attracted critical acclaim from a leading critic (a 95-point score or above) and see regular activity on Liv-ex. The wines included in the index are reviewed annually by Liv-ex to ensure that they reflect market developments. Today, 26 of the 100 components encompass Burgundy, Champagne, Italy, Rhone, Spain, USA and Australia.
This year 22 wines have been removed to make way for newer vintages. They include a number of now physical 2012 and 2013 vintages. The complete changes to the indices are shown in the tables below:
This year, a number of older First Growths have been removed from the index and have been replaced by more active and younger rising stars from Bordeaux. These mainly consist of vintages from the 1990s that have been removed to make way for 2009s and 2010s. It is the first time Smith Haut Lafitte and Haut Bailly have been included in the index.
The Bordeaux 500 index and the Liv-ex Fine Wine 50 have also been updated this month, with the 2003 vintage being removed from both indices to make room for the now physical 2013 vintage. These indices are now composed of wines from 2004-2013. Components of the Bordeaux 500 index will be reviewed later this year.