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Hangover lifts from fine wine market

Strong demand from Hong Kong and China offsets a murky outlook for Europe this year after a weak performance in 2011

Investors could well be toasting some decent returns on their wine investments this year with the fine wine market expected to rise 10% after a poor performance in 2011.

The Wealthmonitor and Wine Yields Fine Wine Market Outlook 2012 compiled the views of 122 global wine merchants, auction houses and investment fund managers, and concluded that a price overcorrection at the end of 2011, following a period of falling demand, is providing an opportunity for investors this year.

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