Whisky prov­ing a great op­tion

The Press and Journal (Inverness, Highlands, and Islands) - - MONEY - BY KEITH FIND­LAY

Scot­land’s na­tional drink is a “lu­cra­tive and sus­tain­able as­set” for any sav­ings port­fo­lio in times of eco­nomic un­cer­tainty or de­cline, ac­cord­ing to niche in­vest­ment com­pany Brae­burn.

Scotch was a pop­u­lar in­vest­ment dur­ing the Great De­pres­sion and re­cent mar­ket be­hav­iour sug­gests it con­tin­ues to of­fer sig­nif­i­cant fi­nan­cial gain po­ten­tial amid the Covid-19 cri­sis, the firm added.

Brae­burn sales di­rec­tor Sa­muel Gor­don said: “So­ci­etal tur­bu­lence is of­ten a time when in­vestors take stock of their port­fo­lio and ex­am­ine new ways in which they

“Tur­bu­lence is of­ten a time when in­vestors take stock”

can pro­tect and profit from their sav­ings, and this global pan­demic is no dif­fer­ent.”

It is whisky casks specif­i­cally that of­fer the “se­cu­rity and con­sis­tency that evade tra­di­tional as­set classes”, said Brae­burn.

Dis­til­leries are strug­gling to keep up with de­mand for sin­gle malts, re­sult­ing in “a con­tin­u­ally in­creas­ing value”, the firm said, adding: “In­de­pen­dent bot­tlers, blenders and other in­vestors are known to pay highly and quickly in cur­rent sec­ondary mar­kets.”

Casks have earned an av­er­age of 12.4% per an­num over the past five years, said Brae­burn, which has of­fices in Er­rol, in Perthshire, Spain and Sin­ga­pore.

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