"This is our biggest fundraise to date, and the biggest fundraise by a LSE listed investment trust since the COVID-19 lockdown, which speaks volumes for the financial community’s recognition of Songs as an asset class."
Hipgnosis Songs Fund went close to a billion-dollar valuation earlier today (July 6), as its share price reached an all-time high. The rally in the UK company’s share price, on the London Stock Exchange, followed two bits of big news from the firm last week: (i) The announcement that it’s looking to raise £200m ($249m) … Continued