Music royalties: a niche investment opportunity?
In the advent of streaming services, a rising number of musicians and songwriters have been selling the rights to their songs. Investor’s Champion investigates the increasing appeal of such funds and offers an analysis into the pioneers of this nascent sector…
Financial jargon is unforgiving even at the best of times, and if an advisor were to recommend you a ‘portfolio of songs’, then you’d probably think he was showing off his playlist. But for once this term is as clear as it sounds. Funds holding song rights as assets have exploded onto the scene, allowing an investor to hold a collection of tracks that pay royalties as income. One of our favourite pastimes has been transformed into an asset class, and while we don’t advocate ‘coolness’ as an investment philosophy, if we did, these funds would top the charts. So,…