Source: Financial Times, 30th December 2011

The reign of Bordeaux may be over. After 15 years of the region's investment-grade wines offering an annual return of about 15 per cent, the price of recent vintages of industry bellwether Château Lafite Rothschild fell about 17 per cent in 2011, according to brokers Fine and Rare Wines. Others experienced similar falls. But investors have not deserted wine as an asset class. Rather, they appear to believe Bordeaux is over hyped and over priced. The 2010 release was the third "vintage of the century" in the past 10 years.