Abbreviation for International Wine Investment Fund; see there.
The wine investment fund was founded in 1989 under the name "Wine Trust of Australia" (WTA) with the aim of holding shares in wine companies, in particular in the well-known Australian wine multinational Hardy (today Accolade Wines). In 1996, it was listed on the ASX (Australian Stock Exchange) as the Australian Wine & Horticultural Fund (AWHF). In April 2000, shareholders approved a change of name from AWHF to IWIF (International Wine Investment Fund). Since then, investments have been made in over 16 different wine companies, over 80% of which are based in Australia. The IWIF...
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