Author Archive

An exciting release today from the Mouton Rothschild stable – with Château d’Armailhac playing their hand. The estate received it’s highest score to date by Neal Martin with 93-95 points.

A wine that enjoys an international following – wines from d’Armailhac typically increase with value with age, rather than relying on critic scores.

Neal Martin (Vinous) awarded the wine a barrel range of 93-95 points, praising the ‘gentle and discrete crescendo’ of the finish. He predicts that ‘it will surely be irresistible once it reaches its peak’. In his words: ‘you’ve been warned’.

James Suckling gave it a range of 96-97 points, calling it ‘one to watch’ thanks to its ‘tight and racy palate that shows persistence and verve’.

Jean-Marc Quarin awarded the wine 95 points, praising its ‘very aromatic, fine, fruity, subtle, pure, floral and liquorice nose’.

William Kelley (Wine Advocate) scored it a lower 92-94 points. He noted that it was a ‘layered and concentrated wine that’s deep, lively and seamless’.

If you are interested in discussing your investment wine options – please follow this link and fill in the form.

Today we saw the release of Carmes Haut Brion from Pessac Leognan. This wine has become a cult favourite in recent years – and is certainly one we wish we could get higher allocations of.

It is being offered by the international trade for £1,320 per 12×75 – significantly up on the 2021 wine by 39.2% – however this wine has high scores, low volumes and world wide demand that always increases in value at an alarmingly quick rate.

Neal Martin (Vinous) awarded the wine a barrel range of 96-98 points, calling the palate ‘just beautiful’ and loaded with ‘mineral-laden dark berry fruit’. He describes the 2022 Les Carmes as replete with ‘sculpted tannins’ and having a ‘seamless’ finish. In his words: ‘I am not inclined toward hyperbole, nevertheless, this is the best Les Carmes that Guillaume Pouthier has overseen’.

If you are interested in discussing your investment wine options – please follow this link and fill in the form.

Chateau Palmer 2022 from Margaux was released today and was offered to the international trade for £1,788 per 6×75, a 25.7% increase on the 2021’s opening price (£1,422 a case).

Chateau Palmer was listed in the Top 10 wines from the 2022 campaign from the English Wine Trade – and priced with the 25% increase, we feel this is at the very limit of what is acceptable and will be taking a smaller allocation than usual of this superb wine.

Neal Martin (Vinous) awarded the wine a barrel range of 96-98 points, praising the wine’s ‘tannic backbone’ that lends a ‘sense of verticality’. In his words: ‘do reserve a bin for your cellar for this and let it gather dust for at least a decade’.

‘A monumental achievement’, says Lisa Perrotti-Brown (Wine Independent) who rated the wine at 96-98+. She writes that, despite needing ‘a lot of shaking and swirling’, the wine is ‘supported by a skyscraper structure’ of tannins and enjoys a finish of ‘epic length and depth’.

Jane Anson (Inside Bordeaux) was only slightly more reserved, scoring it 96 points and deeming it a ‘serious, structured’ wine with ‘everything turned up pretty high’.

‘A magnificent wine in every way’, writes Antonio Galloni (Vinous), who called it ‘one of the most surprising wines of the year’.

If you are interested in discussing your investment wine options – please follow this link and fill in the form.

Today we saw the release of Right Bank powerhouse – Ausone. A wine famously hard to get hold of from Saint Emilion – the wine is being offered at £3,400 per case of 6 – which is a 13.3% premium on the 2021 wine.

Low availability on the market, high critic scores, this is a great wine for the long play for an Investment Wine Portfolio.

Neal Martin (Vinous) awarded the wine a barrel range of 95-97.5 points, calling it ‘intellectual and persistent in the mouth.’ He expresses some hesitation, though, wondering if he ‘had witnessed this Saint-Émilion demonstrate its full potential’ – hence the atypical barrel range score.

James Suckling gave it a barrel range of 97-98 points, describing this ‘young Ausone’ unlike any other he remembers and calling it ‘full-bodied with flamboyant fruit and energy’.

Jean-Marc Quarin scored the wine 99 points, calling it ‘ultra meticulous on the palate’.

Meanwhile, William Kelley (Wine Advocate) scored it at a slightly lower range of 94-96+ points. He said that ‘given its imposing levels of structuring extract, it will require patience’.

If you are interested in discussing your investment wine options – please follow this link and fill in the form

Fine wine investment has seen another year of strong performance. The Liv-ex Fine Wine 1000 Index, which tracks the performance of the 1000 most sought-after wines, has seen a return of 13.1% over the last 12 months. This outperformance has been driven by a growing global market for fine wine, as well as increased interest from investors seeking alternative assets to traditional investments like stocks and bonds. In particular, fine wine has proven to be a relatively stable and consistent performer in the face of economic uncertainty. Additionally, the ongoing COVID-19 pandemic has increased demand for fine wine as people spend more time at home and seek out luxury goods.

Bordeaux wines, in particular, have been a consistently strong performer in the fine wine market. The Liv-ex Bordeaux Legends 40 Index, which tracks the performance of 40 Bordeaux wines, has seen a return of 8.5% over the past year. Bordeaux continues to be the most traded region on Liv-ex with a monthly regional share of 38.3% for December. This is due to the high demand and prestige associated with Bordeaux wines, as well as the limited supply of certain vintages. Additionally, Bordeaux wines have a long history of aging well, which makes them an attractive option for long-term investors.

Edward Stevens
Sales Manager
Waud Investment Wines Limited

As usual with Bordeaux En Primeur, the campaign dragged itself out for nearly six weeks – starting with Carruades de Lafite on the 12th May and finishing with Vieux Chateau Certan on the 20th June.

The picture that emerged before the campaign begun was of a small, heterogenous vintage, with what are likely to be substantial peaks and troughs in quality from appellation to appellation and estate to estate. (Heterogenous in this instance meaning that the quality of wines and speed of growth are not consistent across the whole region, or even across each sub appellation actually. Hence, peaks and troughs comments above) 

A challenging vintage, such as 2021 does not however mean poor wines. This is especially true of a region such as Bordeaux, where investment in winemaking equipment and extremely sophisticated levels of viticultural knowledge and expertise has greatly softened the bumps that come with awkward growing seasons.

It is important to mention that yields were down 30-50% across the region for the 2021 vintage – and so the consequent reduction in supply could strengthen the investment value in the coming years.

As you will see below with many of the wines that we purchased in the campaign – there is a reason why the best wines are the best year on year.

They have the best plots, the best situation, they have incredible fire power to purchase the most expensive tech and machinery so they can ensure they are making the very best wines. Therefore we are very happy with the purchases made and we were quite impressed with the majority of samples tasted earlier in the year when we visited Bordeaux for Primeur week.

Release Prices

Before the releases in each campaign, members of our WIW team head to Bordeaux to try the release wines – and whilst down there, there is plenty of conversation between growers, negotiants and other merchants from all over the world about compariable vintages and expected releases prices.

Once back in the UK, we undertake a process where we calculate an acceptable bandwidth for expected release prices – and if they fall within those parimeters, then we are comfortable that it is a sensible purchase for the syndicates.

Fortunately almost every wine that we targeted sat at the bottom end of the purchase price bandwidth, accordingly we are cautiously optimistic for another good investment campaign.

The 2021 Investment Wines purchased

As you will see, we have continued to only purchase the top wines that have a very long track record of being sold in the secondary market. Many of the wines below will be allocated to your portfolio.

  • Angelus, Saint Emilion
  • D’Armailhac, Pauillac
  • Ausone, Saint Emilion
  • Berliquet, Saint Emilion
  • Beychevelle, Saint Julien
  • Branaire Ducru, Saint Julien
  • Brane Cantenac, Margaux
  • Calon Segur, Saint Estephe
  • Canon, Saint Emilion
  • Carmes Haut Brion, Pessac Leognan
  • Carruades de Lafite, Pauillac
  • Cheval Blanc, Saint Emilion
  • Cos D’Estournel, Saint Estephe
  • Ducru Beaucaillou, Saint Julien
  • Duhart Milon, Pauillac
  • Figeac, Saint Emilion
  • Giscours, Margaux
  • Haut Brion, Pessac Leognan
  • La Conseillante, Pomerol
  • Lafite Rothschild, Pauillac
  • Langoa Barton, Saint Julien
  • Leoville Barton, Saint Julien
  • Leoville Las Cases, Saint Julien
  • Lynch Bages, Pauillac
  • Margaux, Margaux
  • Montrose, Saint Estephe
  • Mouton Rothschild, Pauillac
  • Palmer, Margaux
  • Pavie, Saint Emilion
  • Pavillon Rouge, Margaux
  • Petit Mouton, Pauillac
  • Pichon Lalande, Pauillac
  • Pontet Canet, Pauillac
  • Rauzan Segla, Margaux
  • Troplong Mondot, Saint Emilion
  • Vieux Chateau Certan, Pomerol

These wines will start to be allocated into syndicates next week using our normal balanced criteria. Once we have finished this process we will confirm the purchases for each syndicate and update the web portal accordingly to review at the beginning of August.

Another big name out today, this time from Saint-Estèphe – as Montrose have dropped their prices by over 10% compared to the 2020 release. It is being offered by the international trade for £680 per 6×75.

Probably the most attractive drop in price of the vintage so far – that bodes well for wines to continue in the same vein.

The 2021 Montrose received a barrel range of 93-95 points from Neal Martin (Vinous). Martin said that ‘it has the potential to become an aristocratic, classic Montrose’.  

Antonio Galloni (Vinousgave it 94-96 points commented that ‘the 2021 is a fine choice for Montrose fans who want to drink the Grand Vin without waiting for decades’.  

William Kelley (The Wine Advocate) also scored it 94-96, and called it ‘a brilliant achievement reminiscent of a purer, more precise, modern-day version of the estate’s 1996’. 

Lisa Perrotti-Brown MW (The Wine Independent) rated it 90-92 points. 

If you are interested in discussing your investment wine options – please follow this link and fill in the form.

Another cult favourite out of the blocks today – the 2021 Canon released at an attractive price. It is being offered by the international trade for £540 per 6×75 – over 6% lower than the 2020 wine.

Not rated quite as highly as vintages before it, but Canon performs well year on year.

Owned by the Chanel family, that also has Rauzan Segla in the stable, Canon has a large following and getting hold of stock is always challenging.

We have taken our full allocations here – and look forward to seeing it increase in value in a similar way to 2020, 2019 and 2018 before it.

‘A fine addition to the recent roster,’ said Neal Martin (Vinous), though he added that other vintages would ‘eclipse it’. He rated the wine 92-94 

‘A brilliant wine in the making,’ said William Kelley (Wine Advocate), who awarded it 94-96 points. Lisa Perrotti-Brown MW (The Wine Independent) gave it a score of 90-92 points and Jane Anson gave it the higher score of 96-points. 

If you are interested in discussing your investment wine options – please follow this link and fill in the form.

As part of this year’s Bordeaux En Primeur campaign, Château Rauzan-Ségla 2021 has been released at £360 per case of 6 – down 9.1% on the 2020’s opening price.

The new release is among the best value wines on the market today. See more pricing analysis below.

Neal Martin (Vinous) awarded today’s release 94-96 points, commenting: ‘Very pure and well-defined, this gains intensity in the glass’.

Antonio Galloni gave it 94-97, noting that the wine ‘balances classic structure with modern-day precision’.

William Kelley (The Wine Advocate) scored it 93-95, observing that the 2021 was ‘layered and seamless, with a sweet core of fruit, powdery tannins, lively acids and an impressively penetrating finish’.

The wine also received 90-92 from Lisa Perrotti-Brown MW, 94-96 from Jeff Leve, 93-94 from James Suckling and 93 from Jane Anson.

We have taken our full allocations here.

If you are interested in discussing your investment wine options – please follow this link and fill in the form.

We saw the first 1st Growth come out this morning – and pleasingly just below the 2020 price.

Lafite, as usual, was named as one of the wines of the 2021 vintage – and at today’s release price of £2,904 per case of 6, it is the best value Lafite on the market.

Rising prices for back vintages of Lafite mean that a release at the same price as last year was likely to appear good value, so when it released slightly under 2020, this is potentially the buy of the vintage so far.

Unfortunately, volumes are 20% down, and some negotiants have had their allocations slashed by 30%, which makes getting hold of this wine incredibly difficult.

We have taken our full allocations – and are on the look out for more.

If you are interested in discussing your investment wine options – please follow this link and fill in the form.