Open-source LLMs paired with high-quality annotations boost sentiment-driven strategies. RavenPack researchers fine-tuned FinBERT, an LLM trained on financial data, with RavenPack Annotations, a dataset of financial sentences enriched with nuanced sentiment labels. This resulted in a 48% increase in Information Ratio and a 47% uptick in annualized returns. Check out the one-page Executive Brief to learn more about our approach.
