Brief biographies of the investment personnel can be found below. They all have highly successful track records in the financial markets as well as many years’ experience of trading and portfolio management in the fine wine market. This combination has resulted in a highly rigorous approach to portfolio construction and risk management coupled with the strong relationships with growers and distributors, which are essential for sourcing the right wine at the best possible price. The tasting abilities of the fund managers allow up and coming wines to be spotted early before they receive general critical acclaim.

• Andrew Davison - Portfolio Management: has been successfully investing in wine for over fifteen years. Until 2001 he was a Director of the Global Markets Division in Deutsche Bank with responsibility for market-making and proprietary trading of Euro Options – one of Deutsche’s largest trading books. He left the City with a track record of eight years profitable trading. In 2001 he joined the wine merchant Bordeaux Index where he established the first two-way market-making screen for wine futures based on the Bordeaux 2000 vintage and was responsible for managing private client investment portfolios. He left Bordeaux Index in March 2002 to set up OWC Asset Management Limited and The Vintage Wine Fund. He holds a BA Hons in Mathematics and the Certificate of Advanced Mathematics from Cambridge University.