I should never have switched from Scotch to Martinis.” – Humphrey Bogart
Wise words from Humphrey Bogart. He was clearly ahead of his time in appreciating the value of a fine Scottish malt.
Fast forward a couple of years and today Scottish Whisky Casks are achieving the right kind of headlines. Providing healthy tax-free returns for those looking to make a long-term investment. And with (post Brexit) trade laws opening up, and strong growth in China and India, and North America demand looks set to grow.
The Scotch Whisky Association (SWA) recently reported the industry has experienced a substantial 12.8% surge in export value during 2022, resulting in a total value of £7.8 billion
Good news for those looking to acquire this luxury asset but what measures can you take to ensure you invest sensibly.
At Whisky by Time we are being approached by increasing number of first-time investors curious to see what type of return they can expect. It’s great to see such interest, especially as so much of our new business comes through word of mouth recommendation.
Having worked in the sector for over a decade we’ve built our reputation guiding Whisky Cask investments to positive returns. Nurturing trusted relationships with a network of respected distilleries. One concern we do have is around some of the inaccurate information (currently doing the rounds) on so called ‘liquid gold’ quick wins.
If something looks too good to be true it probably is. And if you’re looking for a short term hit, Whisky Cask Investment is not necessarily the right place for you. Any investment carries an element of risk, be mindful of anyone who suggests otherwise. Here’s some straight talking brokerage advice.
Time & understanding
We always begin by getting to know our clients. Getting clear on what they want to achieve, understanding their existing financial portfolio and responsibilities. We would never invest a penny of a client’s money without this knowledge. It reduces exposure to risk. Any decent broker would always follow this responsible approach. Be cautious if they don’t.
Typically, a Whisky by Time client will invest between £10-50K. With many building up their stock year-on-year. We share our expertise to guide their investments creating a balanced diverse portfolio that works for them over time.
Experience and connections
Just like a good whisky gets better with time look for a broker with a mature understanding of the sector. We offer all our clients strong experience and connections with a wide range of respected distilleries. In a sector that is trading on knowledge of rarities this is important.
Regulation & insurance
We use Riverside Escrow to manage the payment process. Regulated by the Financial Conduct Authority, they ensure complete payment protection, giving investors the assurance they deserve.
We’ll then ensure Whisky Casks are stored and insured in an HMRC Regulated Bonded Warehouse. Giving our clients greater control and flexibility.
Your investment is your asset
When you invest you are buying the freehold of a Whisky Cask and as such own that asset. You’ll receive full details of your cask, along with information about the number and storage location.
Explore and enjoy
Scottish Whisky is a beautiful drink steeped in history and heritage. We always encourage our clients to learn more about the people and places behind the craft of the casks. That’s why regular tasting events are all part of the service. And every new client receives a copy of Micheal Jackson’s ‘ Complete Guide to Single Malt Scotch’ – The World’s best-selling guide on Scotch Whisky.“