December 21, 2022 Financial Times 0

Rare Scotch whisky prices surge on investor flight to safety

Market turmoil has reinforced the standing of rare whisky as an alternative investment © Ken Jack/Getty Images

Rare whiskies have emerged as one of the biggest beneficiaries of volatile financial markets as investors seek safety in more tangible assets.

Strong investor demand has pushed the value of “fine and rare” single malts up by more than a fifth this year with volumes jumping 23 per cent, according to a report by Scottish investment bank Noble & Co.

In contrast, the FTSE 100 has traded flat this year.

Read the full article on Financial Times here.

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