Rare whiskies were notable laggards among ‘passion’ investments tracked by global consultancy group Knight Frank in 2023, a new report has said. The Knight Frank Luxury Investment Index, tracking 10 collectibles including wine, cars, whisky and handbags, dipped 1% last year, said Knight Frank’s Wealth Report 2024, published in March.
Its sub-index for rare whisky bottles, compiled by the Rare Whisky 101 group, dropped 9%, although it has increased by 280% over the past 10 years.