Under the leadership of Giovanni Conterno and later his son Roberto, the estate expanded its holdings, including the famed Cascina Francia vineyard (now called Arione and Francia), whose limestone-clay soils produce Nebbiolo of breathtaking intensity and balance.

Conterno’s approach remains unwavering: long macerations, aging in large Slavonian oak casks, and a refusal to compromise tradition for trend. The result is Barolo in its purest, most timeless form—wines that carry the voice of their vineyard across generations. For collectors and purists, opening a Giacomo Conterno is not just drinking a wine—it’s stepping into over a century of Piemonte’s winemaking soul.

Quick Facts - Giacomo Conterno, Monfortino

Giacomo Conterno, Monfortino Riserva Label Index Tracker

Analyst Note - From Matthew Small (Head of Investment)

Giacomo Conterno’s Monfortino Riserva stands at the very top of Barolo, widely regarded as the pinnacle of the region for both quality and price. Produced only in select years, Monfortino is a trophy wine for Piedmontese collectors, celebrated for its power, longevity, and pedigree. The Monfortino Riserva index has returned 9% annualised CAGR over 10 years. The wine boasts an impressive average critic score of 97 points, alongside high global liquidity and a low beta of 0.49. Monfortino’s low price volatility makes it a reliable and stable performer, ideal for collectors and investors seeking prestige and consistency in their portfolios.

Dinner Party Story

Back in the 1920s, in an era when Barolo was mostly sold young and in bulk, Giacomo Conterno began bottling a riserva he called Monfortino—a Barolo meant to be “undrinkable” when young, designed only for decades of aging. It was a radical statement in devotion to terroir and patience, and today remains the estate's most legendary expression.