Testing the tweets

Saturday 10 March 2012 at 11:48

Derwent Capital Markets, an investment boutique based in London, in May last year launched the first investment fund to utilise market sentiment derived from real-time social media data analysis.

The Derwent Absolute Return fund - which is known as the Twitter Fund - came from an academic paper, "Twitter mood predicts the stock market", published by Indiana University in October 2010.