Over the past few months investors have repeatedly been told the 60/40 portfolio model is dead, with equities and bonds falling into lockstep rather than acting as diversifiers amid the market turmoil.
This has seen more and more fund pickers recommend alternative assets to fill that diversification gap, with music royalties proving a popular choice. Isabel Albarran, investment officer at Close Brothers Asset Management, highlighted this factor in the investment case for royalties, noting that it provided "low correlations to traditional asset classes". The Association of Investment Companies Royalties sector is made up of just two portfolios: Hipgnosis Songs Fund and Round Hill Music Royalty Fund. Stock Spotlight: Hipgnosis entertains investors despite uninspiring debt refinanci...
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