Fine wine investors are focusing on the production of rare single malt Scotch and Japanese whisky, as the world’s top fine wines are witnessing a slump in value.
Despite having 100 distilleries in Scotland, the producers are unable to cater to increasing consumer demand of single malt Scotch.
In response to the increasing demand, the companies are seeking to focus on the production of Scotch brands such as Macallan, Bowmore and Dalmore, the Bloomberg reported.
Hong Kong-based Platinum Wines CEO Rickesh Kishnani has launched whisky fund in June, as the number of fine wine investor focusing on the production of whisky has increased.
Kishnani said: "There will be a gap in the market for 10-15 years between the supply of rare old single malts and growing demand, particularly in Asia."
The companies are planning to produce Karuizawa and Yamazaki whiskies from Japan.
The top 100 single malts recorded 440% in average return from the start of 2008 till the end of July this year, according to the Investment Grade Scotch index.
