Alt Investments
Classic Cars Roar Ahead, Fine Wines Raise Some Cheers In April - Tracker Data
These two "investments of passion" both made ground in April, albeit at different speeds.
Classic cars roared ahead in terms of returns while fine wines
gained ground without quite so much noise in April, figures
show.
April proved to be a strong month for anyone in the market for
classic cars, a result that continues to add to their lustre at a
time of continued interest around “investments of passion”.
The HAGI Top Index, assembled by UK-based Historic Automobile
Group, has risen by 5.11 per cent so far this year to 286.17, up
5.45 per cent on the month. The best performer in April was the
HAGI P, which tracks Porsche prices. This was up 6.62 per
cent in April from March and up 6.6 per cent so far this year.
For the year so far, the highest gain is from Ferraris, up 7.11
per cent.
Separately, the Liv-ex Fine Wine 100 Index, which mostly follows
the highest end of the French wine market, was up 0.4 per cent in
April from the month before, at a level of 242, figures from the
Liv-ex online exchange showed.
