Alt Investments

SG Private Banking Asia Pacific Launches Exclusive Wine Fund

Andrew Deane Singapore 10 October 2007

SG Private Banking Asia Pacific Launches Exclusive Wine Fund

On the back of fast growing demand for alternative investment products, SG Private Banking Asia Pacific has launched the Ultimate Wine Fund. The fund, which has a minimum investment threshold of $300,000, has been launched in partnership with FICOFI, a French specialist in wine investment. The wine itself will be sourced in France and will be from famous makers including Rothschild, Margaux, Latour and Haut-Brion. After a one year lock in, investors who wish to redeem some of their investment will receive this not in cash but in the wine itself. Investors are also given a two-day trip to Bordeaux where they will be shown around the chateaux and entertained with meals prepared by Michelin-starred chefs. With a maximum of 10 investors per fund demand amongst the wealthy wine buff clients of SG is expected to be high.

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