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Investors Put Money Behind Cask Whisky as Market Confidence Wavers

Finanz Nachrichten - June 12, 2020

During lockdown, investors have put £3.5m of their money behind cask whiskey through wholesale company, Whiskey Wealth Club.

 

This development comes as investors increasingly look to hedge against the crashing financial markets with asset backed investments.

Money Behind Whisky

A total of 197.5 pallets were sold between March and May, an increase of 300% from the same period last year. The majority of this was in Scottish whisky as investors take advantage of the rare single malt available.

This comes as investors increasingly look to hedge against the crashing financial markets with asset backed investments. The FTSE 100 Index has trended downwards for the last couple of months as investors grow uncertain about the strength of the European economy, as a consequence of Covid-19.

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