Questions over music royalty trusts following Neil Young's Spotify row

Investors are raising questions about music royalty trusts that have been firm favourites as a diversifier, as the Neil Young row with Spotify throws into question the control and valuation of music rights.  In January last year, the Hipgnosis Songs Fund announced it acquired 50% of the worldwide copyright and income interests of Neil Young's entire catalogue. At the time, Merck Mercuriadis, founder of trust, revealed just how exciting the acquisition was for him personally, saying: "I ...