Hipgnosis Songs Fund owns the rights to various bits of music which earn it regular royalty cheques
Thursday 07 Feb 2019 Author: Daniel Coatsworth
Investments uncorrelated to the market are increasingly sought by individuals looking to diversify their portfolio during volatile times. That might explain why investment trust Hipgnosis Songs Fund ( SONG ) is currently trading at a premium to the value of its assets. It owns the rights to certain pieces of music and receives a royalty payment each time they are played on the radio, streamed online, feature in adverts,...