Monthly newsletter for June 2021

Dear All,

We’re half way through 2021, and many markets are beginning to open up as the vaccinations start to roll out, and the northern hemisphere summer is the first test of whether we will experience a return to normalcy. We’re watching carefully on what this means for the whisky category overall, but we have definitely seen the high-end rare and collectible segment continue it’s rise in our portfolio too.

We have unfortunately seen some softening of our Scotch category over the last month, and the GBP:SGD rate has not been kind to us, but we have been able to just get ahead of these headwinds due to some solid jumps in our Hanyu 2000 Ichiro’s Malt Seven of Clubs (+88%) and Macallan ESC 2018/08 (+20%). This month our team has also received a couple of exciting new bottles into the vault: the Macallan 1965 17 year old and Springbank 10 year old Local Barley 2010.

We continue to try and share more insights from our team on how we recommend collectors start their own bottle investment at home, and recently posted a guide to investing in whisky, which details the important trifecta of scarcity, rarity and collectability. For those that are interested to learn more about the Scotch whisky industry, its history, and future predictions, we would suggest reading this interview with Charlie Maclean (MBE): “Wherever there is economic growth and a rising middle class, demand for Scotch will grow. The potential in places like India and China is still in its early stages”.

We wish everyone a great start to the second half of 2021!

Marek, Marc, Neil, Gary