// Quilter Cheviot QUI LT E R CHE V IOT - INV E S TMENT MANAGEMENT On the hunt for
Knowing where to find a good bottle of wine is one of those life skills that, as well as being great fun, is guaranteed to give pleasure to family and friends.
If you were lucky enough to have visited the Quilter Cheviot stand during BBC Countryfile Live at Blenheim Palace in August, you may have tasted some of the three wines on offer. We had a number of enquiries from clients and staff about the wines and how to get hold of them. It’s no secret, but they did come from a boutique supplier with an unusual business model.
All three (red, rosé and white) come from the same property in Bordeaux called Château de Bonhoste. They are stocked by a brilliant company called OWC (
www.collective-cases.co.uk), who run a really clever buying system. One of the directors lives in France and has developed close personal relationships with wine growers, many of whom are long-term friends. Their model reduces risk and storage costs by putting an order list together before delivery. When they find a wine they think is good, they offer it out to their client list, asking for pre-orders of at least 50 cases (a minimum of 12 bottles from each client).
good wine
They offer this at the price you’d buy at from the cellar door, and add a small margin. I recently helped out by putting in an order for Montagne Saint Emilion, which cost £12.50 per bottle, delivered to my door. It’s the closest I’ve come to having that wonderful feeling of buying wine direct from the château without a huge mark-up, and discovering wines you just don’t see in the UK.
Chablis is famous worldwide for its flinty, minerally dry white wines. Oz Clarke once said Chablis should be "as dry as two stones clicking together". I didn't really understand it at the time but, having put in some research over more than a few glasses, I now understand what he meant. The flint and chalk in the soil can lead to a pure, mouth-watering drink with hints of straw, hazelnut or honey that leaves your palette clean and crisp. I love a dry, crisp entry-level Chardonnay with a plate of fish or moules marinière. Delicious!
I'd suggest finding some before too long as prices can only go upwards. The best examples I know of right now are through Kendrick Wines (
www.kendrickwines.co.uk) Speak to Dilyan Kovlev, as his Chablis Vaucoupin 2014 is awesome quality at £185 a dozen. It is rich and beautifully clean, and I have no hesitation in recommending it.
I love Pinot Noir from Burgundy, but it is expensive and sometimes it does not live up to expectations. In my search for more reasonable alternatives, I look to California and New Zealand. Often the New Zealand Pinots tend to be a little ‘jammy’ and un-balanced. However, I recently discovered Coney Pizzicato 2015 from Martinborough. It is £16.99 from Majestic Wine (
www.majestic.co.uk), if you buy a mixed 6-bottle case. It reminds me of a Volnay from just south of Beaune in Burgundy — classic Pinot Noir aromas of violets and a hint of strawberry. It weighs in at 14% alcohol, but is well balanced and has some real finesse. Gorgeous!
This is an extract of an article that first appeared in our Wine Club newsletter. For further information about Quilter Cheviot Investment Management services, or if you want to receive our free Wine Club or other newsletters, please contact David Jupp, Executive Director, Head of Office, Birmingham, at +44 (0) 121 710 3821, or email him at: David
Jupp@quiltercheviot.com
Investors should remember that the value of investments, and the income from them, can go down as well as up. Investors may not recover what they invest. Past performance is no guarantee of future results.
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