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Page last updated at 09:21 GMT, Thursday, 29 March 2012 10:21 UK

Is wine a good ISA investment?


Wine could be a good investment as returns on Individual Savings Accounts (ISA) remain low.

Transferring your ISA to wine has seen returns of more than 10% a year.

Peter Shakeshaft, founder of wine investment firm Vin-X, said that they hold onto the wine for the investor to make sure "the governance of the wine is protected" as wine has to be stored in a proper place.

He said that it is a good time to buy wine, and consumers can get an "excellent return" by holding onto it for three years.

The market is impacted by demand in the global market, he explained, so holding onto it may mean you see a dip in the market.

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