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Friday, 13 April 2012

1855 Fine Wine Investments Ltd – I think I'll pass...

1855 Fine Wine Investments Ltd: main webpage

1855 Fine Wine Investments Ltd is yet another recent entrant into the increasingly crowded wine investment market. Although it likes to claim 'Generating consistent and long-term investment returns for its clients', this company was set up on 3rd November 2011. 

One of the reasons the company gives for investing in wine is: 'The local French legislation introduced in 1855, barring high-end chateaux from enlarging their vineyards, hence limiting production' Рalthough a nice idea this is complete rubbish as no such legislation was introduced in France in 1855 nor subsequently. Indeed Bordeaux ch̢teaux can increase or decrease their size as they wish. However, the situation is different in Burgundy where the vineyards rather than the properties are classified, so areas are fixed.

1855 Fine Wine Investments Ltd claims to have developed 'trading models for illiquid wine assets'. I thought the whole point of wine investment was to invest in a 'liquid' asset that could be sold not one you can't sell!

Although as far as I know 1855 Fine Wine Investments Ltd has no connection with 1855 – the French internet wine Ponzi scheme, I still wouldn't consider buying wine from this company.        



Details from Companies House: founded 3.11.2011

Why investing in wine: 1855 legislation claim

'trading models for illiquid wine assets'


2 comments:

  1. is it a dodgy fund manager or is he for real jim, here are the details fom companies house

    Registered No.: 07834478
    Name: 1855 FINE WINE INVESTMENTS LTD

    Address: 5A AVERY ROW
    LONDON
    UNITED KINGDOM
    W1K 4AL

    ________________________________________
    Company Appointments: 1 / Resignations: 0 Resignations To view details of other appointments held, click on the appropriate underlined name.
    DELVAUX, JOE GENE MR
    DIRECTOR
    5A AVERY ROW
    LONDON
    UNITED KINGDOM
    W1K 4AL Appointed: 03/11/2011
    Nationality: LUXEMBOURG
    Occupation: DIRECTOR

    Country/State of Residence: UNITED KINGDOM
    Date of Birth: 03/11/1980
    Appointments: 2

    DIRECTOR Appointed: 03/11/2011
    Occupation: DIRECTOR
    Company Number: 07834478

    Company Name: 1855 FINE WINE INVESTMENTS LTD
    Active

    DIRECTOR Appointed: 02/03/2012
    Occupation: FUND MANAGER
    Company Number: 03760739

    Company Name: AVERY VILLAGE MANAGEMENT LIMITED
    Active
    Name & Registered Office: Company No.: 03760739
    AVERY VILLAGE MANAGEMENT LIMITED
    c/o JOE GENE DELVAUX
    5A AVERY ROW
    LONDON
    UNITED KINGDOM
    W1K 4AL
    Date of Incorporation: 28/04/1999
    Country of Origin: United Kingdom
    Status: Active
    ________________________________________
    Company Type: Private Limited Company Nature Of Business (SIC): 7487 - Other business activities
    ________________________________________
    Accounting Reference Date: 30/04 Last Accounts Made Up To: 30/04/2011 (FULL) Next Accounts Due: 31/01/2013 Last Return Made Up To: 28/04/2011 Next Return Due: 26/05/2012

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  2. He is FSA registered so has someone stolen his identity??????????


    Basic details for:

    JGD01083 - Joe Gene Delvaux
    Details: Title/Forename(s)/Surname: Mr Joe Gene Delvaux
    Commonly known as:
    Previous Name(s):
    Status: Active
    Individual reference number: JGD01083
    Controlled functions - Current
    Controlled functions Firm name Start date
    CF30 Customer MET Asset Management UK LLP 24/06/2011
    Appointed rep. relationships - Current:
    Firm reference number Firm name Status
    539979 Kingsley Asset Management LLP Taken Up

    ReplyDelete