Climate Change Will Get Worse. These Investors Are Betting on It

David Vogel, founder and chief executive officer of the Florida-based quant fund Voloridge Investment Management LLC, says he believes rising seas and worsening storms and droughts will create opportunities in health care, insurance, and agriculture. He declined to discuss his firm’s specific investments. But he was willing to disclose one personal purchase: tracts of land around Asheville, N.C., where he expects housing values to keep climbing as climate change gets worse. “It’s 2,000 feet above sea level,” he says. “Living in Florida, that’s where I see a lot of people moving.”

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