Hipgnosis Song Fund’s portfolio value reaches new low

Tue 5 March 2024 14:32, UK The value of Hipgnosis Song Fund’s portfolio reached a new low on March 4th, following a difficult year for the company which owns the rights to material by artists such as Neil Young and Ed Sheeran. The business, registered on London’s FTSE 250 and founded by Nile Rodgers with Merck Mercuriadis, has published a review which estimates the value of its assets between £1.8 billion and £2.06 billion. The latest filing, carried out by advisor Shot Tower, represents a decrease in the company’s portfolio of 26% compared with the last quarter. Billboards state that…
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