Cult Wines Australia set up operations in Australia in 2014. Part of the successful UK fine wine investment company Cult Wines Ltd, it expanded into Melbourne Australia to offer their Asia Pacific clients a unique and tailored fine wine investment service.
With over 15 years experience and over $AUD 50 million in fine wine portfolios under management Cult Wines has decided to expand their operations to service their growing number of customers from the region. Cult Wines specialises in working with clients to build and manage portfolios of investment grade wines from key regions such as Bordeaux, Burgundy, Champagne and Tuscany. Cult Wines understands that wine investment is not just for the elite but is a genuine investment vehicle with a proven track record for growth to rival and beat the majority of world stock markets year after year that is suitable for the majority of investors.
The team at Cult Wines draw on experience from the fine wine and financial markets to strike a balance that offers a passionate but practical approach to investing in this exciting market. The Cult Wines portfolio advisers are experts in introducing the fine wine investment market to newcomers and experts alike.
Cult Wines Australia offers all clients a one stop shop service that covers everything from sourcing the correct fine wine portfolio for clients needs, to storage, full insurance and resale in one sensible and low cost fee with the added benefit that Cult Wines will not be beaten on price for any investment wines offered with the price always being in line with the current Liv-ex market prices.
The Australian operation is seen as a new chapter in the history of Cult Wines, the company has recently expanded into China and Hong Kong and sees the Australian operation as an important new milestone in the company’s future.
Two financial markets veterans Paul Hill and Harley Salt have founded the Melbourne office. Both gentlemen combined have over 30 years experience in the financial markets with a focus on alternative investments.
Cult Wines Australia’s director Paul Hill believes that with ongoing financial market uncertainty and low interest rates available to savers and investors here in Australia the fine wine investment market offers superb opportunity for diversification and potential capital appreciation packaged in a relatively low risk and exciting investment.
Mr Hill also notes that the team here at Cult Wines Australia are here to explain the opportunities available in this hugely growing sector and will draw on the success of the UK head office to work with clients to build successful portfolios that outperform the current market.