ANNAN, Scotland: The smell of ageing whisky, known as the angel's share, wafts across from 9,000 oak barrels stored from floor to ceiling in two vast warehouses at Scotland's historic Annandale Distillery. 'Annandale has seen a huge boom over the last few years,' the facility's general manager David Ashton
ANNAN, Scotland: The smell of ageing whisky, known as the angel's share, wafts across from 9,000 oak barrels stored from floor to ceiling in two vast warehouses at Scotland's historic Annandale Distillery.
The spirit is surging in popularity as inflation stays stubbornly high, with many investors keen to diversify assets to safeguard their cash."Whisky has always been an asset class which has performed," said Benjamin Lancaster, a founder of VCL Vintners, which specialises in marketing casks. It was sold by Ardbeg Distillery, which is owned by luxury goods group LVMH, on the western isle of Islay.
"If you aren't an expert and haven't done your homework, there is a big risk that you could be duped out of hard-earned savings."He told AFP that worried investors want assurance their casks are safely stored. It was later operated by Johnnie Walker and Sons, before closing for almost a century until its reopening in 2014.
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