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Hedge Funds Rake in Record Profits Betting on Catastrophe Risk

(Bloomberg) For hedge funds, the science of catastrophes helped generate the best returns of any alternative investment strategy last year.Most Read from BloombergPutin Orders Hunt for Property of Russian Empire, Soviet UnionBurger King Is Serving Whoppers With a Side of CringeChina’s $6.3 Trillion Stock Selloff Is Getting Uglier by the DayMusk’s AI Startup Secures $500 Million Toward $1 Billion Funding GoalUAE Warns US Time Running Out to Avoid Wider Mideast CrisisThe calculus around natural

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