Our latest report, 2023’s big investment themes: fine wine and beyond, has now been released. The report looks at the key themes that defined markets this year, from interest rates to sustainability. It positions fine wine within a broader investment context and analyses the key events that influenced its performance.
Report highlights:
- Tech, interest, and sustainability came to define markets in 2023.
- The stock market bounced back, and technology stocks rallied as the world became fascinated with generative AI.
- In a bid to cool down the red-hot inflation levels, the Bank of England cranked up interest rates 14 times.
- As central banks increased interest rates, they also began to stockpile gold.
- In the UK, interest rates reached the highest point since 1998. This signalled an end to the era of cheap borrowing, which could limit growth for some economies.
- 2023 saw the rush of demand for green bonds – borrowing money to finance sustainable projects.
- Sustainability drove fine wine demand among investors and led to other positive developments in the wine industry.