What does it mean to “manage” hit music?

<p>Music industry veteran Merck Mercuriadis founded Hipgnosis Songs Fund, a company investing in music intellectual property, in 2018. It recently purchased the song catalog of Justin Timberlake and has a stable of other artists&#8217; music. Mercuriadis explains the concept of treating songs as an asset class in today&#8217;s Economic Pulse discussion. The Fed has a full plate as it enters the first of two days of policy meetings.</p>