Modern Vintage Wines is a family owned business run by Donald Howes, and his sons Felix and Toby. Donald has been collecting, trading and investing in Fine Wine for more than 30 years. His considerable knowledge is based on tasting and trading many of the world’s top wines during that period. In 2007 he fulfilled his ambition to trade wine full time by starting his own independent wine trading business.
Modern Vintage Wines is the new trading name for the wine trading business that was established in 2007, formerly DAFT Investments. Modern Vintage Wines specialises in middle and top-end “value” wines, especially Burgundy, Bordeaux, Champagne and Italian. Quality is paramount and, we work very hard to ensure that all the wines on our list are among the best wines available at any given price point from that region. Most of our wines are available straight away (unlike many wine traders).
We are happy to help our clients build and manage portfolios of investment wines. Wine investment has consistently provided among the best risk adjusted and Tax Free returns of any asset class over the past 30 years. Wine also offers excellent portfolio diversification, as returns are not highly correlated with other investments.
We can source hard to find wines that are not readily available in the market and offer wines on behalf of our clients. During the last 8 years we have built a large network of clients and trading partners in the UK, North America, Europe and the far East.
Prior to becoming a full time wine trader, Donald worked for 25 years in various financial markets and commercial property. He has experience in banking, trading, commercial property and ran one of the top inter-dealer brokers in London. This combination of experience gives Donald a unique perspective on the potential risks and returns of investing in wine.
Donald holds a degree in Management from the University of Massachusetts and an MBA from Colgate Darden, Graduate Business School.