Saturday August 15, 2020

The solution to a pension shortfall may be . . . whiskey

If you want attractive returns, investing in alcohol may fit the bill, writes Barry J Whyte.

Barry J Whyte

Chief Feature Writer

8th June, 2014
Good to the last drop?Investing in a whiskey distillery could prove to generate bridge the funding gap for some pensions.

Last month, Irish drinks giant C&C, manufacturers of Bulmers cider and Tennent’s lager, announced a set of healthy financial results for the previous year.

With sales up 30 per cent, profits up 10 per cent, and dividends up 14 per cent, the company’s performance is a sign of a reignited interest in investment in alcohol in Ireland.

But with few other major alcohol stocks available to invest in, experts point to a...

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