Ep. 73 Atul Tiwari on The Case for Investing in Fine Wine as an Alternative Asset Class (RYA Edition)

Atul Tiwari, CEO, Cult Wines Canada joins us for a delightful and captivating conversation on the inner workings of the world of investable and collectable fine wine (for starters, think first-growth left-bank Bordeaux's), and of Cult Wines Canada's (his latest foundling) work to bring the world of investable fine wine to the Canadian market. Atul Tiwari is the former founding President of BMO ETFs and former CEO of Vanguard Canada, which grew to $30-billion in assets, before his departure at the end of 2018.

Since his departure from from the top role at Vanguard Canada, Tiwari went on, in March 2021, to co-found Cult Wines Canada, the joint venture with Cult Wines UK, and its Global CEO, Tom Gearing, to bring the exciting opportunity of investing in investment grade fine wines, which represent roughly only 1% of the world's annual production, to Canadian investors.

Cult Wines UK is the rapidly-growing and well known UK-based investable wine boutique investment firm with $300-million (650,000 bottles) in rare, investable wine assets, held on behalf of investors.

We roll up our sleeves, and get into how this unique, and once walled-off, once very private dealing network for wines from the highly-vaunted wine growers has been brought to accessibility, by Cult Wines, for all investors seeking a way to take part in this lucrative market.

If you've ever wondered exactly how the investment grade wine market works (or if it's all new to you), come hang out with us for a little while and have your blanks filled.

Full Transcript: Coming soon

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Where to find Atul Tiwari and Cult Wines Canada

Cult Wines Canada

Atul Tiwari on Linkedin

Download Cult Wine's Investment Guide

What is Left Bank Bordeaux?

Where to find the Raise Your Average crew:

Resolve Asset Management SEZC

AdvisorAnalyst.com Insight is Capital Podcast

ReSolve Asset Management Podcast

ReSolve Asset Management Blog

Adam Butler on Linkedin

Pierre Daillie on Linkedin

Mike Philbrick on Linkedin

Joseph Lamanna on Linkedin

Rodrigo Gordillo on Linkedin

*****

"You don't have to be brilliant, just wiser than the other guys, on average, for a long time." Charlie Munger

Welcome to Raise Your Average, our deep dive journey into learning from the people and process behind the world of investing. Through conversations with leaders in the investments game, we peel back the layers of the onion on how these holders of the keys to the kingdom allocate their time, their energy, and their dollars.

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Music credit: In Hip Hop, Paul Velchev (8MJZA6T3LK)