Weather – you can make a profit
Predicting the weather is paying off for an investment group which specialise in climate investing.
Steve Brosnan, the commercial director of Cumulus Funds explained how climate change is basically temperature and how you can make money out of that.
The Cumulus team analyse weather data from around the world and use it to support investment decisions in weather derivatives and European power and gas.
Mr Brosnan was talking at the seminar investing in environmental funds at the offices of Norton Rose in central London last Friday.
In the video below he explains how it’s done
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