You might think that a winery being owned by a corporate giant is generally a bad thing for wine quality. After all, in wine, small is often more beautiful, and when shareholders have to be satisfied the bottom line takes over from perfectionism and individuality. But a strong case can be made that the wine properties owned by French insurance company AXA have actually performed better since being taken over by the corporate giant than they did before.
Indeed, under the watchful eye of Christian Seely, the famous Port house Quinta do Noval has hit staggering new heights since becoming part of the AXA portfolio. Seely is now in charge of all the AXA wine properties, which encompass from a bevy of Bordeaux Château (including Pichon Baron and Suduiraut), Belles-Eaux in the Languedoc, Noval in the Douro and even a Tokaji producer (Disznókö). Their policy seems to be to purchase underperforming stars, invest heavily - taking a long-term view - and then reap the rewards.

"The second wine of Pichon-Baron. Merlot, 45% Cabernet Sauvignon and 10% Cabernet Franc. It has a fresh, spicy edge to the dark fruits nose. The palate shows bright, forward fruit with a nice savoury bite. There's a vibrant freshness to the fruit and good structure. A light, fresh style that shows good balance. Ready for drinking very soon. Very good+" 88/100 points. www.wineanorak.com