{"id":18650,"date":"2009-12-10T11:58:00","date_gmt":"2009-12-10T10:58:00","guid":{"rendered":"http:\/\/beta.next-finance.net\/innovation\/nobles-crus-the-perfect-blend-of-wine-and-finance\/"},"modified":"2009-12-10T11:58:00","modified_gmt":"2009-12-10T10:58:00","slug":"nobles-crus-the-perfect-blend-of-wine-and-finance","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/innovation\/nobles-crus-the-perfect-blend-of-wine-and-finance\/","title":{"rendered":"Nobles Crus, the perfect blend of wine and finance"},"content":{"rendered":"<p class=\"post_excerpt\">Launched in 2008, Nobles Crus is a Luxembourg Sicav investing in the top graded wines and that has registered since launch a performance of 27.65%.\n<\/p>\n<p><!--more--><br \/>\nMiriam Mascherin and Michel Tamisier, two former Carmignac Gestion Luxembourg&#8217;s senior executive managers are the founders of Elite Advisers, a company specialized in investment advisory services. Their goal is to bring back \u201cpositive\u201d emotions into finance. <strong>Wine<\/strong> is their first investment theme.<\/p>\n<p>In 2008, they launched <strong>Nobles Crus<\/strong>, a Luxembourg Sicav investing in the top graded wines and that has registered since launch a performance of <strong>27.65%<\/strong>.<\/p>\n<p>The rarity and the age of wines are obviously selection criteria in the composition of the portfolio. The fund only invests in vintage wines and en primeurs, with a maximum of 70 per cent in the millesimes (Latour, Roman\u00e9e Conti, Cheval Blanc, Petrus and Haut Brion), 20 per cent in en primeurs and 10 per cent in cash.<\/p>\n<p>The managers rely on emerging countries high demand for grands crus and a largely fixed supply to keep prices on a permanent upward trend.<\/p>\n<p>Nobles Crus is managed by Christian Roger, and his team of 10 persons. He benefits from 20 years international banking experience. He is a permanent member of the Grand Jury Europ\u00e9en de d\u00e9gustation ((European Grand Jury of Wine Tasting)<\/p>\n<p>The fund has a monthly net asset value allowing subscription or redemption. The valuation of wine is computed using 5 price lists: two from wine merchants in Europe and the United Kingdom, one from a reference site: <a href=\" www.winesearcher.com\">winesearcher.com<\/a> and two from auction houses like Christie&#8217;s and Sotheby&#8217;s. Prices for wine merchants as well as those of auction houses included in the valuation are transaction prices.<\/p>\n<p>Nobles Crus has been awarded <strong>Best 2008 Innovative Fund<\/strong> by  both belgian newspaper <em>Cash<\/em> and Luxembourg&#8217;s <em>Tageblatt<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Launched in 2008, Nobles Crus is a Luxembourg Sicav investing in the top graded wines and that has registered since launch a performance of 27.65%.<\/p>\n","protected":false},"author":1,"featured_media":18648,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1471],"tags":[1656,1687,1655,1690,1749,1437,1689,2243],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/18650"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=18650"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/18650\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/18648"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=18650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=18650"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=18650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}