Société Capital is a leading fund manager and investment adviser that provides alternative investments to both private wealth management and institutional clients. The structured wine investments that Société Capital pioneered have outperformed major indices like the S&P500 and MSCI World over the last 10 years. Limited supply of the world’s finest Investment Grade Wines coupled with an increasing global demand have driven prices, resulting in wine investments having outperformed equity and bond markets in recent years with very low correlation to these markets.
A Financial Times Wine Investments Special in 2005 claimed that $10,000 wisely invested in 1974 would then be worth $1.4million. “Investment Grade Wines are wines from top-class wine producers, from outstanding to exceptional vintages, that are able to generate steady returns over a medium term investment horizon because of extremely limited supply and a large, consistent and increasing global demand,” says Henning Thoresen, Head Of Investments. “They are primarily the very best wines from Bordeaux, France, and have been around for centuries. These wines last for decades, improve with the passage of time and are produced in very limited quantities.”
“There is an ever-increasing demand from America, Europe and Asia, with extremely strong demand recently from China and Russia.” Société Capital’s Wine Growth Fund, a Cayman Islands-registered mutual fund, offers superior capital growth from its investments in exclusive, best-of-breed Investment Grade Wines which have an excellent record of appreciation. The Wine Growth Fund is able to achieve such impressive returns due to its proprietary eight-step wine investment process which has gained international recognition. This is coupled with the investment team’s vast experience, knowledge and access to information.
The Wine Growth Fund has the best pedigree globally with an experienced management team, professional administrators and custodian (RBC Dexia - top 10 globally, Moody’s Aa3) and Deloitte & Touche as the auditors. The firm has offices in Bordeaux, France, as well as in Singapore. The founders, Tan Cheng Teik (Managing Director) and Henning Thoresen (Head Investments, Managing Director), have a combined 30-plus years of successful wine investment experience. They use their own knowledge and Bordeaux connections to ensure the best-performing wines are included in the Wine Growth Fund.
"Wine collectors and investors have been making very good and consistent double-digit annual returns over the last few decades,” says Tan. “The market was lacking a professionally structured investment vehicle that uses Investment Grade Wines as the underlying investment.” Mr Tan and Mr Thoresen are among a select few who have been presented the title of “Commandeur d’ Honneur” by the Commanderie du Bontemps de Medoc et Graves - Sauternes et Barsac in Bordeaux, France, in recognition of their achievements.