BI founder and MD Gary Boom’s love of wine was sparked in the Eighties while he was working in the City with businessman Michael Spencer on a project which would become ICAP. ‘It was a magnum of Latour 1970 shared with Michael and his father that really opened my eyes,’ he says.
With offices in London, Hong Kong, Singapore and Los Angeles, BI (known until early 2016 as Bordeaux Index) provides customers with wines from Burgundy, Italy, Champagne, California, Spain, and of course Bordeaux, as well as spirits.
BI strives to offer the best stock at the best prices, coupled with a customer service experience fit for the demands of the discerning HNW. The introduction of BIX, its live valuation and broking system, gives clients clarity and control over their reserves, for example, and offers the unique guarantee of a ‘you sell’ price for almost 500 of the world’s top wines through its LiveTrade platform – a two-way market-making screen providing live bid and offer prices.
Boom loves Rhône wines at the moment. ‘The reds have long been among the best-value fine wines in the world, and the whites are quite unlike any made anywhere else in the world,’ he says.
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Top-class champagnes are great value too. ‘A 98pt-rated Dom Pérignon from a legendary vintage such as 2002 still looks a snip compared to even a moderate vintage of First Growth Bordeaux or Grand Cru Burgundy,’ he says.
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