Scotch Whisky Investments
Loch edge in morning haze

Research and perspective.

Our view on Scotch whisky as an asset: market updates, cask and bottle research, and what it means for a portfolio.

Featured
Market updates | 10 November 2026

Whisky Monthly Update October 2026: Brora takes the lead, Macallan 1926 sets dollar record

More bottles went under the hammer in October at the auctions tracked by Whiskystats than in any month since May, and the Whisky Index eased slightly. Brora overtakes Port Ellen to lead the brand ranking for the first time. On 9 October, a bottle of Macallan 1926 fetched £2.125 million on the distillery's estate, in dollars the highest auction price ever paid for a bottle of whisky.

By Stijn de Smit
Read article
All insights

Market updates and research

Written by our own specialists, based on the portfolios we manage.

Whisky as an investment10 Nov 2026

Macallan 1926: forty bottles from one cask and the whisky auction record

The Macallan 1926 is a Scotch single malt distilled at The Macallan in Speyside in 1926, matured for sixty years in cask 263 and bottled in 1986. The cask yielded forty bottles. On 9 October 2026, one of them sold at Sotheby's for £2,125,000. In dollars, that is the highest auction price ever paid for a bottle of whisky; in sterling, only a bottle from the same cask has made more.

Read article
Market updates8 Oct 2026

Whisky Monthly Update September 2026: Ardbeg accelerates, India halves its tariff

After the quiet summer months, trading on the secondary whisky market picked up again in September. The Whisky Index rose for the fifth month in a row, Ardbeg posted its largest monthly gain since 2019 and Port Ellen widened the gap to Brora and Macallan. In India, the first price cuts are becoming visible following the trade agreement with the United Kingdom.

Read article
Market updates17 Aug 2026

Whisky half-year update 2026: the market floor takes shape

Since 2002 we have built whisky portfolios for more than 1,600 investors, with 327 million euros under management. That gives us a direct, inside view of the market. Our conclusion on H1 2026 is clear: after three years of correction, the whisky market appears to have reached its floor. We promise no rapid rise, but in our view the correction phase is behind us.

Read article
Whisky as an investment20 Jul 2026

Investing in whisky casks: the cask as a living long-term investment

Investing in whisky casks appeals to a growing group of investors looking for a tangible asset with its own rhythm, detached from the daily movement of stocks and bonds. A cask of whisky is not a passive asset you lock away and forget: from the moment the spirit flows into the oak, a biological process begins that you cannot speed up, namely maturation.

Read article
Newsletter

Whisky Market Update

Annually, half-yearly and monthly insight into price trends and developments in the Scotch whisky market.

Whitepaper

The guide to investing in Scotch whisky

Our introduction to the asset class: the fundamentals, the risks, the costs and the approach we take on behalf of investors.

Download the Whitepaper
Dawn over a Highland glen
Loch reflection with autumn bracken
Speak with us

Questions about what you have read?

Discuss developments in the whisky market and what they mean for you with an adviser.