Abstract
Investors have never faced as many investment choices as they do today. Not only have markets become more integrated and international investments facilitated but also the number of available asset classes has grown more important during the last decade. This has also led to an increase in complex financial products. As a counterbalance, demand for basic or physical products has increased equally. These products should ideally be tangible, their characteristics quite easily understandable, rather uncorrelated with other assets which would allow for diversification benefits of an investment portfolio and yield good returns. At the same time a new class of investors is actively seeking possibilities to convey a certain lifestyle, social status and passion for aesthetic goods.
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Masset, P., Weisskopf, JP. (2013). Wine as an Alternative Asset Class. In: Giraud-Héraud, E., Pichery, MC. (eds) Wine Economics. Applied Econometrics Association Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137289520_10
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DOI: https://doi.org/10.1057/9781137289520_10
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