The Edinburgh Group has acquired the assets of Cask88, Braeburn, and Whisky Merchants Trading, surprising many who believed these Scotch whisky investment firms had ceased operations. Concerns arose over investors potentially losing their cask investments following the closures. However, a Facebook group aiding cask owners led to an audit process designed to match owners with their casks. Independent whisky broker Mark Littler cautioned potential investors, highlighting that whisky cask investment is a long-term endeavor and may not yield quick returns due to recent economic impacts on the secondary market.
Cask investment is a long-term venture. With the secondary whisky market feeling the impacts of the global economic downturn of the last two years this message is more important than ever.
A movement from the Braeburn Whisky / Cask88 / WMT - Cask Owners Group on Facebook has seemingly led to an audit that'll help owners be matched with their casks.
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