As the fear surrounding the global pandemic grew, traditional asset-backed investments plummeted leaving investors looking elsewhere for a safe investment. One that wouldn’t be affected by a volatile economic climate, and they settled on whisky.
The BC20 Whisky Cask Index has revealed that despite the global pandemic, the whisky cask market has seen continued growth in 2020 with a projected growth of 13.09% annually. This shows that even in an unpredictable financial climate, whisky is providing a stable investment option.
In the past few years, we’ve seen whisky become just as covetable as other passion investments such as cars, wine and art, however, in the past 12 months we have seen whisky investment overtake other forms of investment and emerge as the top way to build and safeguard wealth.