Looking for a recession-proof commodity? Try music. So suggests London-based alternative-investment manager Bramdean Asset Management, which aims to profit by securing the publishing rights to original scores used in feature films and television programs.
The music-for-film fund, dubbed Resonant Music I, was formed in November in conjunction with Cutting Edge Music Holdings, which owns the rights or has provided the scores to about 400 films, including Atonement and Harry Potter and the Goblet of Fire.