Whisky proving a great option
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.