05 August 2020
SWA releases new guidance on personal investment in Scotch Whisky casks
The Scotch Whisky Association (SWA) has released guidance for the public on personal investment in Scotch Whisky casks. The guidance meets the growing number of opportunities to invest in individual casks of Scotch Whisky.
In recent years, the number of commercial initiatives offering personal investment in Scotch Whisky casks has grown, alongside which the SWA has seen a rise in enquiries from the general public on how to approach an investment.
While the SWA does not provide legal advice in commercial matters, the publication of this new guidance will address the most common questions that arise when considering cask ownership.
Alan Park, Legal Director at the SWA said: “Scotch Whisky continues to be an internationally popular spirit, with consumers all over the world appreciating its diverse flavour profiles and longstanding heritage. Personal investment in casks has become popular in recent years, with a number of companies offering advice and opportunities for investing in a maturing cask of whisky. However, while personal cask investment is exciting, as with any investment, care should be taken to understand the market and the obligations and costs of cask ownership.
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The document, Personal Investment in a Scotch Whisky Cask, can be downloaded here.