WHISKEY-&-WEALTH-CLUB
12.6.2020 12:49:08 CEST | Business Wire | Press release
During lockdown, investors have put £3.5m into cask whiskey through wholesale company, Whiskey & Wealth Club . 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 .
Whisk(e)y has fast become one of the most popular alternative investment opportunities, with rare whisk(e)y topping the Knight Frank Luxury Investment Index . Wealthy individuals continue to investigate and purchase premium products amidst the pandemic. Wholesale cask purchasing has become an attractive option as its value is tied to its age rather than the markets, making it appealing to investors in any climate, let alone the current climate.
Scotch whisky in particular has become an attractive opportunity for investors. The Scotch wholesale cask market is growing by day, currently estimated to be worth £40m annually. May saw three quarters of Whiskey & Wealth Club’s revenue generated by investors backing this lucrative whisky market.
Co-founder of Whiskey & Wealth Club, William Fielding says: “We have partnered with Scottish distilleries such as Bladnoch to offer our investors exclusive single malt Scotch releases. As whisky producers start to restrict the availability of single malt, the value and demand these will continue to increase. Hence, now is a great time for investors to purchase casks of whisky to sell in 10 years.”
Whiskey & Wealth Club offers both private investors and funds the opportunity to buy cask whiskey at ultra-wholesale prices. The casks are then stored in a secure bonded warehouse to mature for at least five years, before selling for a profit or bottling.
- ENDS -
View source version on businesswire.com: https://www.businesswire.com/news/home/20200612005217/en/
Link:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Miro Acquires Reforge to Help Organizations Navigate the Transition to AI24.3.2026 14:00:00 CET | Press release
Together, Reforge and Miro will provide a powerful and highly differentiated solution for teams that blends the tools and knowledge needed to innovate in the AI era Miro®, the AI Innovation Workspace for teams, today announced that it has acquired (subject to customary closing conditions) Reforge, an AI platform for product teams. The deal includes Reforge's team, learning platform, and AI-powered product development tools. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260324623461/en/ Organizations are grappling with how to leverage AI to its full potential. In many cases, the problem is not how to code faster, but deciding what to build. That's the bottleneck slowing companies down today. Miro and Reforge are both solving this challenge for customers – tackling the need to build both at speed and with clear strategic direction. Miro brings a collaborative AI workflows platform that brings teams and AI together to plan, co
Xsolla and Stevenage FC Launch Charity Campaign With SpecialEffect to Make Gaming Accessible for All24.3.2026 14:00:00 CET | Press release
Donation Of 50 Accessible Setups Reinforces Xsolla’s Commitment To Inclusive Gaming Xsolla, a global video game commerce company that helps developers launch, grow, and monetize their games, has partnered with Stevenage FC to launch a charity campaign with SpecialEffect in the United Kingdom, a charity dedicated to helping everyone to have the ability to enjoy video games. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260324722671/en/ Graphic: Xsolla Through the Official Partnership of Stevenage FC, Xsolla is donating the kit for the April 6th match vs Blackpool. SpecialEffect will be the primary kit brand for the match and will receive a percentage of the jersey sales leading up to the match and throughout the rest of the season. Xsolla will match donations from jersey sales, with the goal of using the funds to provide up to 50 Accessible Setups to disabled gamers at the end of the 2025-2026 season, and to support programs
SES Taps K2 Space to Accelerate Next-Gen MEO Satellite Network, meoSphere24.3.2026 14:00:00 CET | Press release
Next-generation Medium Earth Orbit (MEO) network is a multi-mission constellation targeted at meeting fast growing commercial and defense needs with flexible scaling approach. SES, a space solutions company, today announced it will deploy meoSphere, a next-generation medium Earth orbit (MEO) satellite network targeted for operation by 2030 and designed to significantly boost the company’s MEO network capacity. The program launches with a close collaboration designed for efficient satellite production. SES will pair its own software-defined payloads, being developed and manufactured in Luxembourg, with an initial 28 high-power satellite platforms developed by K2 Space, representing the first phase of the broader meoSphere rollout. The collaboration gives SES tighter control over key supply-chain elements, compresses the build timeline, and allows the company to manage schedules and costs with precision, laying the foundation for future scalability. meoSphere is SES’s next generation MEO
Rimini Street Wins Multiple Stevie® Awards for Sales & Customer Service Excellence24.3.2026 14:00:00 CET | Press release
Company honored for Best Use of AI in Customer Service, Front-Line Customer Service Team of the Year in the Technology Industry and Best Customer Satisfaction Strategy Rimini Street, Inc. (Nasdaq: RMNI), the Software Support and Agentic AI ERP Company™, and the leading third-party support provider for Oracle, SAP and VMware software, today announced wins in three categories of the 20th annual Stevie Awards for Sales & Customer Service. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260324281990/en/ Rimini Street Wins Multiple Stevie® Awards for Sales & Customer Service Excellence Considered a top industry honor for customer service, contact center, business development and sales professionals, winners were selected based on the average scores of 150 industry experts worldwide across eight specialized judging committees. Rimini Street distinguished itself among more than 2,100 nominations. “These Stevie Awards affirm what our
MariaDB Completes GridGain Acquisition to Power the Next Generation of Agentic AI24.3.2026 14:00:00 CET | Press release
The acquisition creates the industry’s first AI-Ready Operating Platform – unifying transactions, analytics and in-memory speed to eliminate infrastructure fragmentation MariaDB plc today announced the successful completion of its acquisition of GridGain Systems, Inc., the pioneer of in-memory computing and the force behind Apache Ignite. This strategic acquisition marks MariaDB’s move towards delivery of an AI-Ready Operating Platform, a unified system designed to handle the extreme-velocity data requirements of autonomous AI agents. As enterprises transition from simple AI assistants to autonomous agentic systems that reason and act, traditional data layers are reaching a breaking point. By integrating GridGain’s in-memory technology, MariaDB now provides a single, high-velocity, persistent grounding layer that supports the entire AI lifecycle – from real-time data ingestion to complex reasoning. “For the last 18 months, we have been building MariaDB for the agentic era,” said Rohit
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom