Music royalties as an alternative investment: an investor’s review
ANote Muisc
June 17, 2026
2 min read

Music royalties are steadily moving from niche alternative investment to a recognised tool for portfolio diversification, and the financial press is starting to reflect that.
This week, Belgian financial newspaper Het Laatste Nieuws published a feature on alternative investments, with ANote Music front and centre. The article profiles Stephan De Haes, founder of educational investment platform Marktvizier and board member of investment fund MarketVision Capital, who has been allocating to music catalogues for several years and shares his perspective on what this asset class looks like in practice.
A few points from the piece worth highlighting:
What you're actually buying:
De Haes is precise on this: investors don't acquire music rights or co-ownership of a track. They purchase a contractual right to a share of future royalty income generated each time a song is streamed, broadcast, or licensed.
No minimum investment required:
Investors can size their position freely, choosing from a selection of catalogues with a verified royalty track record.
How it fits a portfolio:
De Haes allocates around 5% of his personal portfolio to music royalties, and his fund has approximately €100,000 spread across several catalogues. His case for portfolio diversification centres on one core observation: music royalties tend to move independently from equity markets, making them a potential complement to more traditional holdings rather than a replacement.
Risks are part of the picture:
The article doesn't shy away from downside scenarios. Catalogue values can fluctuate, royalty income can vary, and the tax treatment of music royalties in Belgium is still to be defined, something HLN's own tax expert Michel Maus addresses in the piece directly.
If you're curious about how an experienced investor thinks through alternative investments — including what his first year on the platform looked like — the full article is worth reading.
The article “Je verdient geld telkens iemand ergens op play drukt” (You earn money every time someone presses play) is available in Dutch on HLN.be
Want to know more about ANote Music and how you can diversify your portfolio with music royalties?
*This article is for informational purposes only and does not constitute investment advice. Performance and returns are not guaranteed and may fluctuate over time.



