Hedge Funds Reap Unprecedented Profits by Wagering on ‘Catastrophe’ Risk
“Hedge Funds Thrive on Catastrophe Science, Achieving Unprecedented Returns in 2023” The intricate analysis of catastrophes proved to be the most lucrative investment strategy for hedge funds last year. Focused on natural disasters like hurricanes and cyclones, firms such as Tenax Capital, Tangency Capital, and Fermat Capital Management reaped record profits, surpassing industry benchmarks …
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