Derwent Capital ‘Twitter’ fund out-performed US Dow in July


We have recently covered leveraging social media trends in trading.

So, its interesting to see that the debut trading results from Derwent Capital’s new Twitter based sentiment fund seem initially to validate the use of social media ‘tweets’ for predictive trading.

The first full month of trading, saw the Derwent Capital Twitter fund outperform the US Dow, making 1.85% compared to the US Dow which lost 2.2% over the same period.

Being social media, BBC Radio 4 ran an interview today with Dr Johan Bollen of Indiana University Bloomington, who wrote the program that Derwent Capital uses.

One Response

  1. […] May 2011: Derwent Capital Markets launches what it claims is Europe’s first hedge fund to utilise sentiment drawn from Twitter analysis. (Previous Caplin blog post on Derwent Capital here) […]

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