For hedge funds, the science of catastrophe helped generate the best returns of any alternative investment strategy last year.

The calculations around natural disasters such as hurricanes and cyclones resulted in record profits for funds managed by companies such as Tenax Capital, Tangency Capital and Fermat Capital Management. All three delivered results that were more than double the industry benchmark, according to public filings, outside estimates and people familiar with the funds’ figures.

https://nybreaking.com/hedge-funds-are-raking-in-record-profits-by-betting-on-catastrophe-bonds/

 

Betting on disasters — a lucrative new business — and possibly a financial incentive if you happen to  control the weather modification weapons………??