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Event: Bordeaux 2020 En Primeur Campaign

Date: Wednesday 21st April 2021

Time: 18.00 – 19.00

In place of our investment evenings this year, we have decided to hold an on-line Investment Webinar via Zoom.  

During the Webinar, you will receive the up to date news on the 2020 vintage, the critics opinions, anticipated release prices and the overall financial prospects for us as investors.

We will also be reviewing the performance of our investments from 2014 onwards as these are now starting to both show well and provide good returns, including for those who have elected to cash in relatively early.

To provide additional clarity from those in the know, we will be joined for the session by one of our key négociants, Max Sichel of the famous Sichel family. Sichel are one of the oldest and most reputable négociants in the world and their business started in 1883 as Négociants, long before the acquisition of one of our favourite Margaux Estates, Chateau Palmer in 1938.

We are keen to address as many of our current and regular investors as possible at the webinar. We are also opening up the session to friends of investors who you think might consider joining one of our syndicates, or indeed forming one of their own.

Everybody who confirms their attendance for the event will be forwarded a bottle of Château Argadens, one of the Bordeaux Château under the ownership of Maison Sichel and a wine we are about to list. We hope this will make the event even more enjoyable for all!

If you would like to attend, please fill the form in below – and we look forward to sending you the wine in advance of the presentation.

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We are heading into our fifth Bordeaux En Primeur campaign and it seems we are in for another excellent year for the 2018 wines. It seems remarkable that we have had 5 very good vintages back to back.


By Charles Waud, Director, Waud Wines

2014 – Classic vintage
2015 – Very Good vintage
2016 – Fantastic vintage
2017 – Classic vintage
2018 – looks to be somewhere in between 2015 & 2016 – so Very Good / Fantastic.

There was a rainy start to the 2018 growing season, that was subsequently countered by a summer heatwave.
Certain vineyards suffered Mildew that meant there was a localised reduction in production. (Pontet Canet and Palmer that are regular buys for us were heavily hit losing around 70% of their production). A number of chateaux were equally affected by hail.

The quality across the board is exceptionally high, positioned somewhere between 2015 and 2016, (some say that it may even match 2009 and 2010) – and the wines that have been produced will be bold, tannic wines that will offer excellent longevity.


Members of our buying team spent a couple of days tasting the Left and Right banks of Bordeaux at the beginning of April so that we were able to see, hear and taste what is happening with the 2018 vintage. After hearing the hype of the wines being up there in quality of 2015 and 2016, it is pleasing to say that the wines did not disappoint. We visited 24 chateaux over 2 days and the standard was exceptionally high throughout – though it is important to note that we were only visiting chateaux that we deemed relevant for investment grade purchases.


Day 1 was spent in Margaux, Pauillac, Saint Julien and Saint-Estèphe.

The morning session at Margaux was a super start – our 9am Rauzan Segla appointment certainly was a wake up to the taste buds, but they have produced a stonker of a wine that we traditionally have good allocations of.

Chateau Palmer second up was very interesting. Rumours were rife before we arrived about their Mildew problems, and they were refreshingly honest. They received 1 years worth of rain in 6 months, the worst mildew in 50 years, their whole vineyard contaminated – and still managed to produce an excellent wine, which was very unexpected!

The standard continued to improve as we visited First Growth; Chateau Margaux. After trying their Pavillon Rouge and Blanc, we tasted the 2018 Grand Vin – this was superb and one that will undoubtedly receive rave reviews from the critics.

We had further tastings at Château Ducru-Beaucaillou, Leoville Las Cases and Château Pichon Longueville Comtesse de Lalande – highlights for us included Leoville Las Cases Grand Vin, Reserve de la Comtesse and the Grand Vin at Comtesse de Lalande. These are all wines that we have purchased En Primeur previously.

Pontet Canet in Pauillac was next on the schedule – and this has famously been a wine that we have purchased in good volumes. We were looking forward to trying the 2018 vintage given we had heard that they had also been struck hard by mildew. (the curse of being a biodynamic vineyard and not being able to use sprays to control disease and pests). They subsequently lost between 60 – 70% of their production. When trying the 2018 wine, we were very pleased to see that it really was a super wine. Beautiful, fruit forward and fresh. A wine the critics will love – and Justine Tesseron claims it is the best Pontet Canet they have ever made!

After lunch and sampling one of the most incredible cheese boards we have ever seen, we went straight into Lafite Rothschild and Mouton Rothschild. The unanimous decision across our tasting panel was that the second wine, Carruades de Lafite, was unbelievably good. This is a wine that is incredibly tough to get hold of – and we will try to increase our allocations year on year. At Mouton, all of their wines showed well, with the Grand Vin marked as one of the wines of the vintage for me. Petit Mouton scored highly, with Chateau d’Armailhac tasting incredibly well too.

Our last 3 tastings of the day were at Chateau Montrose, Calon Segur and Cos D’Estournel. The wines at Calon Segur were very good indeed, with the Grand Vin receiving high scores. This is not a wine we have historically purchased, but hopefully this year the release price will be more sensible and we will try and take an allocation. Cos D’Estournel performed typically well, with the Grand Vin there receiving one of the highest scores over the 2 day trip.


Day 2 was the turn of the Right bank to impress, visiting Pomerol and Saint Emilion. After travelling around the flat and expansive left bank the day before, it was a treat to see some far prettier views here.

We were looking forward to returning to Chateau Canon as our first tasting of the morning, for a wine that has a cult following. It seems to do very well on the investment side of things as the release price has tended to be relatively low in comparison to many other wines of similar quality. There is also scarcity of this wine, so sells out incredibly quickly! The 2018 Canon was excellent and we will try to get our hands on as much as possible here.

Next up was Chateau Ausone where we were pleased to try a large selection of wines. Fonbel, Simard, Moulin Saint Georges and La Clotte were all pretty impressive, but the Ausone wines really stood out.

We then arrived at Pavie. I had heard this was a challenging wine to taste En Primeur, but I was really surprised just how hard it was! This was a real tannin fest – so you can see how their wines have such good ageing potential.

Troplong Mondot was next up on the itinerary – trying their Mondot and Grand Vin – these wines really did impress and are wines that we have in other vintages across our various syndicates.

Last up before lunch was Chateau Figeac. After arriving in the pouring rain, we managed to get inside before getting very wet! This wine was worth the trip – beautiful, vibrant, fresh, balanced with round delicate tannins – this is a wine we hope to buy this year before it moves to ‘Premiers Grand Crus Classes A’ in a couple of years time.

After lunch, it was the turn of Vieux Chateau Certan (VCC). We only tried one wine here, but it was certainly worth it. Another purist’s wine that will age beautifully – a wine that we will want in our allocation.

Our final three tastings of the day were at La Conseillante, Cheval Blanc and Angelus. All super wines, with the Cheval Blanc Grand Vin being the wine of the trip for me. A wine that we previously haven’t purchased, but we will be keeping an eye on it for 2018.


As you have seen from my match report from the two days in Bordeaux, the standard of wines were really quite excellent, a noticeable step up on the 2017 wines from last years trip. The critics will shortly be publishing their scores, but I would expect some pretty high scores across the board for the investment grade wines that we concentrate on.


  1. Cheval Blanc (Right Bank, Saint-Émilion)
  2. Mouton Rothschild (Left Bank, Pauillac)
  3. Figeac (Right Bank, Saint-Émilion)
  4. Margaux (Left Bank, Margaux)
  5. Rauzan Segla (Left Bank, Margaux)
  6. Chateau d’Armailhac (Left Bank, Pauillac)
  7. Petit Mouton (Left Bank, Pauillac)
  8. Canon (Right Bank, Saint-Émilion)
  9. Calon Segur (Left Bank, Saint-Estèphe)
  10. Carruades de Lafite (Left Bank, Pauillac)


Brexit has obviously been at the forefront of everyone’s minds and following the EU’s decision on the 10th April to push back the exit date to the 31st October 2019, we can now enjoy a period of stability for the 2018 campaign.

Our strategy for wine purchases will however remain the same. We will continue to only purchase wines for our clients that we expect to offer good returns. This is primarily going to be with Bordeaux 2018 EP wines – however if we see other opportunities with other investment grade wines, such as Opus One from California and Sassicaia, Solaia and Masseto from Italy, we will look to add these to your portfolio.

Our intention is to provide our investors with a sound investment return over five years – at which point they can hold, sell or start to drink the wines as they wish – a nice problem to have for these great wines from Bordeaux!

Fine wine sales of Bordeaux investment grade wines have being going on for centuries, so we have every confidence that Brexit will not affect the value of our wine investments in the long run.


If you are interested in investing in the 2018 campaign, or would like more information, please contact or call the office on +44 20 7940 5516 to speak to one of the team.

Last night we had the last in our series of three investment wine evenings discussing the upcoming 2018 Bordeaux En Primeur campaign. With 45 guests attending, we started with our traditional Mas de Daumas Gassac Rose Frizant, before sitting down for the investment presentation. After a welcome from our UBS host, Nick Williams, Jeremy and Charles Waud talked the group through the investment wine concept, what En Primeur is all about, a review of how some of our portfolios are performing and explaining our buying strategy for our individual investors and syndicates.


Following the presentation we enjoyed Pontet Canet from three different vintages – 2015, 2014 and 2006. All fabulous wines from the left bank in Bordeaux.

For those that stayed for the long haul, we once again opened up our ‘Club Claret’ from Montagne-St-Emilion, Vieux Chateau Saint Andre 2014 (the owner of this vineyard was the head winemaker from famed Petrus) that went down incredibly well.

Many thanks to our host company UBS for inviting us to present at their fabulous offices – we look forward to returning in the future.

If you are interested in receiving more information about the Bordeaux 2018 En Primeur campaign, please do get in touch with Blakely Hehir on +44 207 940 5516 or by emailing

We hosted our first Waud Investment Wines campaign evening for the Bordeaux En Primeur 2018 season last night at JM Finn’s head office in Coleman Street.

This is the run up to our 5th consecutive campaign with Bordeaux En Primeur and we were pleased to have nearly 50 guests in the room – a mixture of current Waud Investment Wine investors as well as potential investors going forward.

After a fizz reception where we were enjoying our Mas de Daumas Gassac Rose Frizant 2017, we sat down for the 45 minute presentation where we covered who Waud Wines are, what En Primeur is all about, what our investment strategy is, what are we doing in preparing for potential Brexit outcomes, review how some of our current portfolios are performing as well as discuss the early findings of the 2018 vintage in Bordeaux – all very exciting stuff!

After talking about the investment side, it was then a treat to taste three different vintages of Chateau Montrose from Saint-Estèphe. We enjoyed bottles of 2015, 2014 and then 2008 in magnum – all very different in style and interestingly different guests did have a preference for the different vintages – there was no stand out winner.

For those that were staying for the long haul, we then showed our ‘Club Claret’ from Montagne-St-Emilion, Vieux Chateau Saint Andre 2014 (the owner of this vineyard was the head winemaker from famed Petrus).

If you are interested in receiving more information about the Bordeaux 2018 En Primeur campaign, please do get in touch with Blakely Hehir on +44 207 940 5516 or by emailing



I am delighted to invite you to attend the launch of our Waud Investment Wine 2018 Bordeaux En Primeur campaign.

This year we are offering a choice of four dates for the presentation and investment grade wine tasting where we will be joined by one of our négociants from Bordeaux who will be able to share first hand observations on the campaign that will commence in May.

We would like to thank our host companies for partnering up with us for these evenings – JM Finn Investment Management, Barclays Wealth & Investment Management and UBS Wealth Management. It is very much appreciated and we look forward to hosting the evenings with you.

Following a champagne reception for our investors and new guests, we will be tasting three different vintages of Chateau Pontet-Canet, Chateau Montrose or Chateau Lynch Bages, depending on the evening you attend. These are all top grade investment wines from the left bank and ones we have regularly purchased.

After the presentation, tasting and Q&A session we will be enjoying canapes provided by our friends from the three co-hosting organisations. At this time we will also be showcasing our ‘Club Claret’, Vieux Chateau Saint Andre 2014, Montagne-Saint-Emilion.

We are aiming for a 5.30pm start at each event and we expect them to run on until around 8.00pm. Please can you advise which of the following dates you would like to join us on, either; 

  • Wednesday 27th February  –        JM Finn, 4 Coleman Street London EC2R 5TA
  • Thursday 28th February –              Barclays Wealth & Investment Management, 1 Churchill Place, Canary Wharf, E14 5HP
  • Wednesday 6th March –                UBS Wealth Management, 5 Broadgate, London. EC2M 2AN

Last year our various Waud Investment Wine syndicates made up of friends, colleagues and wine club members, invested £600,000 in wines that are currently trading very favourably in the market. The earlier wines we purchased from the 2014, 2015 and 2016 vintages are trading well – and in total we have over £1.4m of wine investments under management. More about this during the investment presentations. (Current Investors will be receiving their 6-monthly syndicate valuations in early March)

The presentation evenings will explain how En Primeur works, the basis and attraction of investing, as well as the generous treatment of Vat and Duty, in addition to the fact that Capital Gains Tax is not applicable to the profit generated from this class of investment.

You are very welcome to bring any guests along that you think would be interested in investing.

Please contact Blakely Hehir – if you would like to attend.

Last night we held the last of our 3 Investment Wine presentations at Barclay’s world HQ offices in Canary Wharf. We were delighted to have been invited to host in their stunning atrium on Level 30, with views looking out over London.

With 30 guests, made up of original Waud Investment Wine clients, some Waud Wine Club members and staff and clients from Barclays, we had a very enjoyable couple of hours. We tasted our Champagne de Castelnau NV brut on arrival, followed by Pontet Canet 2014, 2015 and the blind mystery wine was Pontet Canet 2006.

Many thanks for Barclays for letting us host with them, and we look forward to returning with bigger numbers next year.

If you are interested in investing in the 2017 campaign, or would like more information, please contact