After a rather disappointing year for fine wine investment, there was at least good news from the Liv-ex indices as we enter 2013. The Liv-ex Fine Wine 100 finished 2012 on 260.78, a six-month high. The Liv-ex Fine Wine 50 achieved the strongest finish to the year, up 1.8 per cent to 302.22, its highest level since 7 July.

The first six months of 2012 were so poor though that even a strong end to the year meant that the key indices fell over the course of 2012.  The Bordeaux 500 index performed best, with a decline of 5 per cent