Cask whisky investment company Whiskey and Wealth Club predicts that this year ‘marks a significant time for the history of the whisky industry’.

Whiskey & Wealth Club co-founder and CEO Scott Sciberras discussed the cask whiskey opportunity with Wealth Professional Canada.

In September, investors purchased a record total of 111.2 palettes of new-make premium spirit through Whiskey & Wealth Club. Investing a total of £1,803,627 as they look to hedge against the uncertainty of the financial markets amidst the pandemic.

Jay Bradley, co-founder of Whiskey & Wealth Club, discusses whiskey ownership opportunities and the effects of the pandemic on many markets on “Bloomberg Markets: European Open.”

Almost 90% of investors have said they are modifying their portfolio approach, with many turning to alternative investments such as whisky to spread risk.

With valuable private collections and individual bottles coming to market, many people are naming bottles and casks of whiskey as their new assets of choice.

The pandemic has accelerated a number of global trends – but what has it meant for cask whiskey? Co-founder Jay Bradley discussed his thoughts with Forbes.

The popularity of whisk(e)y investment has soared in recent years. This year, rare whisky topped the Knight Frank luxury investments index, rising by 564% in value over the last decade.

Whiskey and Wealth Club has sold €7.8 million (US$9m) worth of whisky casks since the start of 2020, double its sales for the same period last year.

Cask whiskey investment leaders, Whiskey & Wealth Club, has reported that cask whiskey’s favourability with investors has strengthened this year.

With global markets in a state of uncertainty, investors are exploring new alternatives, and their top picks are unprecedented and intriguing.

Amidst volatile markets, Whiskey & Wealth Club has seen increased interest in cask whiskey ownership.

Whiskey & Wealth Club offers both private investors and funds the opportunity to buy cask whiskey at ultra-wholesale prices.

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

The Coronavirus outbreak and subsequent crash of global stock markets has led to many investors and shareholders suffering significant repercussions with investment values plummeting.