Strong demand from China driven up fine wine prices

Last year, wine investors had stellar returns, with prices for top vintages rising 40 percent, based on the performance of the Liv-ex Fine Wine 100 Index.
 
That gain beat the return on the FTSE 100, which rose by 9 percent.
 
Fine wine investment specialists have forecast that the Live-ex will rise a further 21 percent this year.

Most Chinese millionaires, whose average age is 39, tend to keep a low profile. Their luxury possessions include watches, Chinese classical art and an average of three cars. Many are also drawn to art.
 
With China surpassing the UK as the second-largest auction house and gallery market and becoming a very important purchasing power, and with Chinese auction houses making record sales.