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Whisky investment: rare bottles soar but watch the risks (Amended)

Diageo rolls out initiatives that include private client events at its 'Johnnie Walker House' and the 'Cask of Distinction' investment programme.

YOU'VE heard of wine investing. Now consider yet another investment of passion - whisky.

Rising affluence in Asia is whetting appetite for high-end whisky for collection, personal consumption or as an alternative investment.

Sensing an opportunity, Diageo, the world's largest alcohol beverage company, has rolled out a number of initiatives. It has for instance hosted a number of private client events in Singapore at its "Johnnie Walker House", a suite with a view of the Singapore River.

Clients may invest in a "Cask of Distinction", a programme where Diageo releases single malt Scotch whiskies which are deemed to be unique and rare. The cask is made available for purchase before bottling, while...

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