Investors move closer to the Edge.

THE CREDIT CRUNCH may be hitting people in the pocket, but the live music sector continues to return healthy profits, leaving investors eager to get involved.

Lawyer David Glick set up Edge Performance Group's first "tax efficient" fund three years ago to offer investors an avenue into the live entertainment sector, by exploiting a loophole that allows a 30% saving on their tax bills.

With more than #50m now under its stewardship, the success of Edge is now making waves in the corridors of financial power and such is demand that future fundraising looks imminent.

"We are bringing new money into the music business and that money simply wouldn't be available at all if it were not for us," states Glick, adding, "Edge is unique in that everyone who works here has grown up and been schooled in the entertainment business."

He continues, "In turbulent times there is always a flight to safety. Historically, banks have provided that safety, but they're now the places ...