LONDON--(BUSINESS WIRE)--Whisky cask investment brokers VCL Vintners have grown their assets under management in excess of £12 million over the past 12 months, surpassing £50 million total assets under management
The company is targeting even more growth over the next 12 months as private investors are feeling the impact from the global economic uncertainty that is affecting more traditional investments such as the stock market.
Against the backdrop of frozen dividends and market turbulence, whisky distilleries are being forced to temporarily shut down. With no new-fill whisky production, VCL Vintners director Stuart Thom says, “It is a widely held opinion within the industry that the value of pre-existing casks will increase. In addition, with the much-reduced production levels of 2020 single malt Scotch whisky, it may result in it being an incredibly rare and much sought after age expression.”
About VCL Vintners
VCL Vintners are a London based brokerage specialising in the sourcing and managing of investment grade cask Scotch whisky. Having steadily grown in market presence over the past ten years, we are now one of the UK’s largest cask brokers with assets of approximately £50 million under management. Client profiles vary from retail purchasers to multi-millionaire professional investors, and individual cask prices follow suit ranging from £3,000 all the way up to £3,000,000. Whilst most traditional investments are subject to macroeconomic volatility, we believe that the single malt Scotch investment market offers a real opportunity for unparalleled growth within a very stable environment.