Switzerland’s Hafiba Launches Argentine Wine Estate Fund

May 17 2011 | 8:41am ET

Switzerland’s Hafiba, an investment manager specializing in wine estates, is launching a private equity fund focusing on Argentine wine estate and vineyard investments.

The fund placement process will be led by Munich-based DC Placement Advisors.

According to DC Placement Advisors, wine estate and vineyard investments (a subcategory of the farmland asset class) are growing in popularity as they offer a negative correlation to stocks and bonds and a relatively low correlation to real estate.

Says Dr. Christoph Kausch, Hafiba managing director: “Investments in wine estates with own vineyards offer an attractive risk-return profile through continuous income and a hedge provided by the holdings of own property. In comparison to other commodity investments such as timber, wheat or fruits, vineyards deliver highest asset and return values.”

Premium vineyards in Napa Valley, California and Bordeaux, France have appreciated by 12% and 13% annually over the past 30 years, according to DC Placement, indicating the potential of New World wine regions like the Mendoza region at the foot of the Andes in Argentina.

Fund organizers point to the growing demand for premium Argentine wines, and the international awards won by such wines, as proof of the “huge” potential of the Argentine wine industry.

Based in Pfaeffikon, Switzerland, Hafiba is an agriculture investment management and advisory firm with focus on wine estates and vineyards.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

Aston Martin Returns To Debt Market As DB11 Drives Turnaround

Mar 31 2017 | 5:21pm ET

James Bond’s preferred carmaker is returning to the public debt markets for the...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of