Take a breath, walk away. Rickesh Kishnani has been making money from whisky for years. When it comes time to sell, we will leverage our industry contacts and expertise to ensure you have the very best support. To agree to our use of cookies, click 'Accept' or choose 'Options' to set your preferences by cookie type. Verification can help ensure real people write reviews about real companies. The global economic backdrop does not exactly make for bright reading, either, characterised as it is by soaring inflation and rising interest rates. According to the Scotch Whisky Association (SWA), 44 bottles of Scotch whisky are shipped from Scotland to around 180 markets around the world every second about 1.3 billion bottles a year. I look forward to receiving many years of great service from Whisky Partners.". It only takes a few seconds to search LinkedIn or the wider internet to check a company's or individual's history. But with interest rates on easily accessible cash savings at near zero, fraudsters and rip-off artists are finding it ever easier to trap the unwary, because they need only offer high single-digit returns to entice those trying to grow their money. 134-136 Buckingham Palace Road, SW1W 9SA London, United Kingdom, UK His work has appeared in numerous titles including the Financial Times, The Times, the Mail on Sunday and Shares magazine. We also use third-party cookies that help us analyze and understand how you use this website. I bought casks for my family and they were all contacted and talked through the registration. Nothing is 100% safe in the financial markets, not even cash in the bank. According to The Wealth Report from Knight Frank, rare whisky was the best performing collectable of the past decade, experiencing a meteoric rise in value of 58.6% per year over the past 10 years. As a specialist whisky cask stockist based throughout the UK, Whisky Investment Partners exists to make purchasing whisky casks easier for investors. Scotch Whisky is an integral part of scotland and the uk's global export strategy In 2019, Scotch Whisky accounted for: 75% of Scottish food and drink exports 21% of all UK food and drink exports 1.4% of all UK exports Source: Scotch Whisky Association WATCH Sourcing casks and the importance of relationships We might not all get a cask of Macallan that sky rockets to earn an annualised 16.5% per year, but even a lower cost cask like the Tobermory saw a great return of 11% per year over the time held. We can't falsify the cask lists, because the warehouse companies are independent of us, and they can check we're publishing exactly the lists that they have sent us. The table below shows Rare Whisky 101s so-called collectors ranking a league table based on an equal weighting for volume and value sold at auction in the UK. Thank you so much for taking the time to leave a review, we're really glad to hear you had a great experience. Whisky. Am I protected financially should things go wrong. This lack of transparency should cause any potential investor to ask why. Look for the exits before you go in. Did they prove successful long-term? After being reminded by the distillery about his 1989 purchase, the Macallan Butt went on to sell in an online auction to a private investor from America. Thats 42 bottles of Scotch Whisky exported every single second. These basic details are vital to you reviewing and judging an opportunity. Whisky Partners Beverage Manufacturing London, England 1,638 followers Whisky Partners - Making every aspect of cask ownership as simple as the drink itself. Last December, for example, a four-decanter lot of Glenfiddich single malt from the 1950s went under the hammer for 830,000 at The Distillers One of One charity event, setting a record for Glenfiddich sold at auction. WHISKY INVESTMENT PARTNERS EXISTS FOR JUST ONE PURPOSE - TO MAKE WHISKY CASK INVESTMENT EASIER FOR INVESTORS. Real reviews from real people. Does whisky investing need to be regulated? Whisky Investment Partners is a trading style of Blackford Casks Ltd. *As Seen In https://www.mirror.co.uk/money/dad-retires-after-scotch-whisky-24479975, Average return per annum on whisky casks over the last 10 years, Own a Physical Asset stored in a secure Bonded Warehouse, Manage everything easily in one place online. Please dont hesitate to get in touch if ever you need us. ", "The service I have received has been first class. 2023 Forbes Media LLC. Take the US stock market which, having fallen by 20% since the start of 2022, is now in classic bear market territory. If you arent sure whether investing is right for you, or which investments are right for you, please consult an authorised financial adviser. To get the best return on investment, investors should focus on Scotch and Bourbon. Scotch Whisky casks offer incredible opportunities to their owners, its a product with high global demand but very limited in its supply. Many cask investment companies mention that whisky is a high-performance alternative investment vehicle, claiming . In the UK, the prospect of recession seemingly increases by the day. Helping You Make Smart Financial Decisions. Great service & very professionally presented. An industry that was previously reserved for those in the know, Whisky Partners is proudly making all aspects of cask ownership easily accessible to all. The Scotch Whisky Association reports that 1.3 billion bottles of Scotch Whisky were exported in 2019 (42 bottles per second) with a total value of 4.9 billion. Open a WhiskyInvestDirect account and buy whisky today, See all guide-to-whisky articles History of Scotch whisky Legal definition of Scotch Production process Scotch whisky regions Types of Scotch whisky Whisky price indexes Whisky or whiskey? Our small and agile team has global reach and extensive knowledge of the whisky cask market. Cavendish / Hamilton Spirit Management Company. The broker then sells casks, which are then stored in a secure bonded warehouse and insured, to investors. HMRC in Scotland and the Irish Revenue Commissioners in Ireland keep a record of who owns and stores each cash in those respective countries to ensure tax is paid when it is time to bottle and sell on the spirit. But opting out of some of these cookies may affect your browsing experience. Does whisky have a place within an investment portfolio? Often seen as the most complex part of the journey, we take the hassle out of managing your casks by appointing you a dedicated portfolio manager and access to an exclusive online portal that makes managing your casks simple. Copyright Whisky Partners 2022. For more information, see our cookie policy. We're passionately leading the change, making every aspect of cask. Is it because they quote different prices to different people, depending on what their sales-person learns about how much money you're looking to spend when they phone you with a high-pressure sales call? Much of the recent rise in whisky trading has been boosted by overseas buyers, especially buying groups based in China, Japan and India who are interested in single-malts. The record-breaking 1m cask was incredibly forgotten by its owner. Whisky Partners is a trading name of Blackford Casks Ltd, Expected to be the most expensive bottle of Whisky ever sold, 12 smaller 50cL bottles have also been produced. By combining our trusted contacts and expertise here in the UK with the incredible Rum Casks from distilleries abroad, we can securely age Rum Casks to fulfil the demand in this emerging market. Could this be the next investment that makes you 225k?*. Thats 53 bottles of Scotch Whisky exported every single second. Both casks are fantastic examples of the capital free gains long term Whisky investment can produce. By clicking Accept All, you consent to the use of ALL the cookies. He promised investors massive returns of 18% each year. Believing that whisky investment is a relatively . You also have the option to opt-out of these cookies. With a private one-on-one distillery tour included, the Private Office is the ultimate bespoke discreet and flexible service for high-net-worth individuals looking to get the most out of their casks. With global whisky consumption expected to reach 103.1 million nine-litre. Biggest Interest Rate Hike In 25 Years, Heres How Casks Can Help, Ardbeg Whisky Cask Sale Sets New Record At 16m, 5 Facts About Peated Whisky Everyone Should Know, How the UK & India trade deal could prove lucrative for whisky investors, Official Sponsor Farmfoods European Senior Masters Golf Tournament, CASE STUDY: Cask Whisky, The Secret Investment Goldmine, Speeding up the Whisky Maturation Process. Following the Farmfoods European Senior Masters Golf Tournament last year, the Challenge Cup is yet another prestigious sporting event sponsored by Whisky Investment Partners. WHISKY PARTNERS LIMITED 28 Jan 2021 - 19 Dec 2022 Tell us what you think of this service (link opens a new window) Is there anything wrong with this page? Stable Events use cookies on all of its websites to give you the most relevant experience by recording audience analytics such as visitor numbers, countries, and repeat visits. We use cookies (including third-party cookies such as Google) to remember your site preferences and to help us understand how visitors use our sites so we can improve them. It posts online, for anyone to see, the full list of each customer's holdings. Associate Editor at Forbes Advisor UK, Andrew Michael is a multiple award-winning financial journalist and editor with a special interest in investment and the stock market. This scam is the same method used by a wine investment scam in 2019, something which FSMA also issued a warning over. You can watch along and raise a dram to the competing teams with all the action broadcast live on BBC. WIP says Scotch whisky has an export value of 4.9 billion a year and represents 70% of all Scottish food and drink exports. Since 2015, when WhiskyInvestDirect first enabled ordinary investors to own maturing Scotch whisky efficiently, there have been hundreds of attention-grabbing headlines proclaiming the returns on investing in Scotch. A broker typically strikes a deal with a distillery for a limited run of casks at a discounted price. The Whiskey & Wealth Club and HMRC approved Whisky Investment Partners are just two of many to choose from. This cookie is set by GDPR Cookie Consent plugin. As well as buying into producers with a successful track record, whisky investors tend to favour certain flavours and this can affect the price that a bottle ultimately fetches. Strong Protect against inflation with a medium to long-term investment. All Rights Reserved. You can view the auctions by clicking, You can learn more about the fascinating history of World Whisky day and its creator, Blair Bowman in our dedicated blog post found, sold his own casks to Whisky Investment Partners, returning an incredible 4600%. Prices for casks can range anywhere from just over $1000 to upwards of $200,000. Registered office address changed from 42 Park Cross Street Leeds LS1 2QH England to 134/136 Buckingham Palace Road London SW1W 9SA on 8 March 2022 View PDF Registered office address changed from 42 Park Cross Street Leeds LS1 2QH England to 134/136 Buckingham Palace Road London SW1W 9SA on 8 March 2022 - link opens in a new window - 1 page (1 . Scams are not unheard of within the industry, sadly. The Leeds-based whisky cask stockist, which set up in April 2020, employs 30 people and is fast approaching a turnover of more than 15m this year. Ironically, it can be illiquid as well: make the wrong purchase and you could end up struggling to find a buyer.
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