This website uses cookies
We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you’ve provided to them or that they’ve collected from your use of their services.
Cookie Policy
What are cookies?
A cookie is a small text file that a website stores on your computer or mobile device when you visit the site.
- First party cookies are cookies set by the website you're visiting. Only that website can read them. In addition, a website might potentially use external services, which also set their own cookies, known as third-party cookies.
- Persistent cookies are cookies saved on your computer and that are not deleted automatically when you quit your browser, unlike a session cookie, which is deleted when you quit your browser.
Every time you visit our websites, you will be prompted to accept or refuse cookies. The purpose is to enable the site to remember your preferences (such as user name, language, etc.) for a certain period of time. That way, you don't have to re-enter them when browsing around the site during the same visit.
Cookies can also be used to establish anonymised statistics about the browsing experience on our sites.
How do we use cookies?
Currently, there are four types of cookies that may be generated as you browse our site: Strictly Necessary, Statistics, Preference and Marketing cookies.
1. Strictly Necessary Cookies
These cookies are essential for you to browse the website and use its features, such as accessing secure areas of the site. Cookies that allow web shops to hold your items in your cart while you are shopping online are an example of strictly necessary cookies. These cookies will generally be first-party session cookies. While it is not required to obtain consent for these cookies, what they do and why they are necessary are explained in the table below.
How do I control Strictly Necessary Cookies?
You can use your browser settings to control whether or not we set session cookies. More information on your browser settings is provided at the bottom of this page.
Please be aware that these cookies are critical to the efficient working of the site. If you choose to disable these cookies from this site, the functionality of the site may be greatly reduced.
2. Statistics Cookies
Also known as "performance cookies," these cookies collect information about how you use a website, like which pages you visited and which links you clicked on. None of this information can be used to identify you. It is all aggregated and, therefore, anonymized. Their sole purpose is to improve website functions. This includes cookies from third-party analytics services as long as the cookies are for the exclusive use of the owner of the website visited.
Statistical information is used in reports and to improve our site. For example, we have used analytics data to add, remove or change features of the site based on how popular they are with users.
We track, for example:
- the numbers of visitors to individual pages;
- when pages were visited;
- how long users stayed on the page;
- the IP address of the user of the website;
- the page they came from;
- technical data about the device being used to browse the site (such as browser and operating system version, and display size) — we use this data to ensure that the technology our site uses is appropriate for the majority of our users, and how best to display the site for users who have less capable browsers.
More information about Statistics cookies
We use cookies from different partners including Google to provide our analytics data. You can read more about how Google Analytics treats your data on their web site. You can also read Google's full privacy policy.
How do I control Statistics cookies?
Google provides a tool to opt-out of Google Analytics. This is available for all modern browsers in the form of a browser plugin. Additionally, you can control how cookies are set using your browser settings.
3. Preference cookies
Also known as "functionality cookies," these cookies allow a website to remember choices you have made in the past, like what language you prefer, whether you have accepted our cookie policy, what region you would like weather reports for, or what your user name and password are so you can automatically log in.
4. Marketing cookies
The advertisements you see displayed on this, and other, sites are generated by third parties. These services may use their own anonymous cookies to track how many times a particular ad has been displayed to you and may track your visits to other sites where their ads are displayed. Please note that advertisers can only track visits to sites which display their ads or other content. This tracking is anonymous, meaning that they do not identify who is viewing which ads.
Tracking in this manner allows advertisers to show you ads that are more likely to be interesting to you, and also limit the number of times you see the same ad across a wide number of sites. As an example of how advertisers operate, if you recently researched holidays, adverts for holiday operators may subsequently appear on our sites.
We do not have access to, or control over, these third party cookies; nor can we view the data held by these advertisers. Online advertisers provide ways for you to opt-out of your browsing being tracked. More information about the advertisers we use, and how to opt-out, is provided below.
Youtube
We display clips from Youtube related to our purchase opportunities. You can view Youtubes's privacy policy on their website. This page also allows you to control what cookies YouTube saves on your computer.
We work with Google to optimise how Google ads are displayed. You can discover how Google protects your privacy relating to ads at its privacy policy.
Cookie Table of our cookies
Cookies you may see used on konvi.app
| Cookie name | Default expiration time | Purpose | Description |
|---|---|---|---|
| _fbp | 3 months | Marketing cookies | Facebook: to store and track visits across websites. |
| _ga | 2 years | Statistics cookies | Google Analytics: to store and count pageviews. |
| _gat_UA-* | 1 minute | Statistics cookies | Google Analytics: functional |
| _gid | 1 day | Statistics cookies | Google Analytics: to store and count pageviews. |
| _iub_cs-* | 1 year | Preferences cookies | iubenda: to store cookie consent preferences. |
| euconsent-v2 | 1 year | Preferences cookies | To store cookie consent preferences. |
| referrerReferralId | 1 browser session | Strictly necessary cookies | Track user referrals |
| t_gid | 1 year | Marketing cookies | Taboola: assigns a unique User ID that allows Taboola to recommend specific advertisements and content to this user |
| APISID | 2 years | Marketing cookies | Youtube: Google Ads Optimization |
| HSID | 2 years | Marketing cookies | Youtube: to provide fraud prevention |
| LOGIN_INFO | 2 years | Marketing cookies | Youtube: to store and track visits across websites. |
| PREF | 2 years | Marketing cookies | Youtube: to store and track visits across websites. |
| SAPISID | 2 years | Marketing cookies | Youtube: Google Ads Optimization |
| SID | 2 years | Marketing cookies | Youtube: to provide ad delivery or retargeting, provide fraud prevention. |
| SIDCC | 1 year | Marketing cookies | Youtube: to provide ad delivery or retargeting, provide fraud prevention. |
| SSID | 2 years | Marketing cookies | Youtube: to provide ad delivery or retargeting, provide fraud prevention. |
| VISITOR_INFO1_LIVE | 1 year | Strictly necessary cookies | Youtube: to provide bandwidth estimations. |
| YSC | 1 browser session | Marketing cookies | Youtube: to store a unique user ID. |
| __Secure-1PAPISID | 2 years | Marketing cookies | Youtube: Google Ads Optimization |
| __Secure-1PSID | 2 years | Marketing cookies | Youtube: to provide ad delivery or retargeting, provide fraud prevention. |
| __Secure-3PAPISID | 2 years | Marketing cookies | Youtube: Google Ads Optimization |
| __Secure-3PSID | 2 years | Marketing cookies | Youtube: to provide ad delivery or retargeting, provide fraud prevention. |
| __Secure-3PSIDCC | 1 year | Marketing cookies | Youtube: to provide ad delivery or retargeting, provide fraud prevention. |
| IDE | 1.5 years | Marketing cookies | doubleclick: serving targeted advertisements that are relevant to the user across the web. |
| RUL | 1 year | Marketing cookies | doubleclick: serving targeted advertisements that are relevant to the user across the web. |
| variant | 1 browser session | Strictly necessary cookies | For providing targeted content to users |
| cookie_consent | 1 year | Strictly necessary cookies | For persisting cookie consent |
| 1P_JAR | 1 month | Marketing cookies | Google: optimize advertising, to provide ads relevant to users |
| NID | 1 month | Marketing cookies | Google: to provide ad delivery or retargeting, store user preferences |
Removing cookies from your device
You can delete all cookies that are already on your device by clearing the browsing history of your browser. This will remove all cookies from all websites you have visited.
Be aware though that you may also lose some saved information (e.g. saved login details, site preferences).
Managing site-specific cookies
For more detailed control over site-specific cookies, check the privacy and cookie settings in your preferred browser
Blocking cookies
You can set most modern browsers to prevent any cookies being placed on your device, but you may then have to manually adjust some preferences every time you visit a site/page. And some services and functionalities may not work properly at all (e.g. profile logging-in).
Further help
If you still have any concerns relating to our use of cookies, please contact us at support@konvi.app
The Ever-Evolving Landscape of Fine Wine: A Buyer's Market?
Nikkan Navidi•10.10.2023
In the world of fine wine, where the fusion of history, craftsmanship, and investment potential meets, market dynamics are always at play. Recent events such as post pandemic corrections, the Ukraine War, inflation fluctuations, and shifts in currency values have significantly impacted this elegant sector. This article delves into the evolving landscape of the fine wine market, exploring the forces that shape it and the opportunities they create. Our industry experts and fine wine specialist at the Oeno Group have shared their take on this years developments.
Riding the Pandemic Wave: A Surge in Fine Wine
The onset of the pandemic and the Ukraine War created unprecedented conditions in the fine wine market. Suthagar McNamara-Rajeswaran, Head of Business Development at OenoGroup, sheds light on this unique phenomenon. He asserts, "Following the Covid era, there was a reservoir of purchasing power waiting to be unleashed." This unleashed power led to a surge in demand, driving prices to remarkable heights. Notably, wine regions like Champagne and Burgundy witnessed price hikes of 50.8% and 27%, respectively.
Buyer's Market with a Long-Term Vision
McNamara-Rajeswaran underscores the importance of a long-term perspective in fine wine investment. He notes:
"Currently, it's very much a buyer's market, but it's essential to remember that fine wine investment is a medium to long-term strategy."
The finite supply of each vintage ensures that wines will inherently become scarcer over time, potentially leading to future price appreciation. This scarcity makes regions like Burgundy and Rhône attractive prospects for diversifying fine wine portfolios.
Stability Amidst Fluctuations
Amidst these market fluctuations, Bordeaux and Italy have shown a degree of stability. Bordeaux, in particular, has demonstrated resilience, as McNamara-Rajeswaran points out, "Bordeaux, operating under its own rules and designed for long-term play, still delivered positive single-digit returns." Meanwhile, Italy has showcased strong performance in the first half of 2023, emphasizing the demand for top Tuscany and Piedmont estates in the market.
The Unpredictable Nature of Fine Wine
While fine wine has traditionally been seen as a stable investment, McNamara-Rajeswaran highlights a critical distinction, saying, "Unlike conventional financial markets, wine values are influenced by factors such as weather conditions, supply and demand dynamics, and decisions made by vintners." However, there is also factors that benefit investors such as wine being consumed over time, basically a naturally diminishing supply, typically resulting in an upward trajectory for its value.
Tools for Navigating the Market
McNamara-Rajeswaran's role at OenoGroup, where he compiles monthly and quarterly reports on the fine wine market, provides invaluable insights into market trends and fluctuations. He emphasizes the pivotal role of Liv-ex, the official trading platform for fine wine, and its contribution to tracking industry performance through various indices. These indices, including the Fine Wine 50 and Fine Wine 100, offer effective tools for monitoring market dynamics.
Moreover, Oeno Group's ability to supply wines to the hospitality and retail sectors yields valuable data that informs future investment decisions. McNamara-Rajeswaran underscores the significance of this information, affirming, "All of this data serves as a foundation for shaping our future investment strategies."
By using propriatory and external data, Oeno has been able to achieve an average historical return of 11.87 % per year. An example of one of their more recent exits in 2022 is their investment into exquisite bottles of 2011 Domaine Leroy Les Boudots, that yielded a total appreciation of 516.74 % for its investors.
Final Words
In conclusion, the fine wine market is a captivating arena where history, craftsmanship, and investment potential converge. Recent events have introduced new dynamics, making it crucial for investors to adapt to changing conditions and adopt a long-term perspective. While the right strategy and an in-depth understanding of market forces, can lead fine wine enthusiasts to make the right decision to reach their investment goals, it is not neccessarily a suitable option for every one. By working with industry experts that have solid track records one can leave the extensive analysis part to those who not only have access to more data but also the relevant relationships to support the acquisition and the sale of your fine wine investment.
How it works
Konvi is the first Pan-European crowd-investing platform enabling retail investors to diversify their portfolios by fractionally investing in alternative asset classes. By collaborating with industry experts with relevant track records we ensure that investments are carefully curated. Here is a short breakdown of how Konvi works:
1. Crowdfunding
Konvi lists the best investment opportunities by collaborating with world-leading experts. You, alongside other verified investors, fund an investment-grade asset.
2. Acquisition
Our industry experts will utilize data-based analytics and established networks to source the most suitable investment opportunity. A company is created to hold the funded asset.
3. Appreciation
After the purchase, the asset will be safely stored and insured at a high-security facility. The asset will appreciate for 3 to 5 years, until ready to be sold.
4. Sale
Within 6 months after the appreciation period, Konvi's partners will sell the asset. The most attractive buyer will be identified ensuring the highest possible returns to our community.
