All I want for Christmas is music: Royalties to play bigger part in alternative asset space

Investors confident music funds will hit right notes

Music royalties are expected to become an ever-increasing part of fund buyers' alternative asset exposure, as governance and disclosure in the space improves and more access vehicles launch.

The asset class came to prominence with the 1997 launch of 'Bowie bonds' sparking issuance of fixed income securities paying coupons of about 8% backed by royalties from artists including David Bowie,...