Bringing you live news and features since 2006 

ROBO Global Robotics & Automation Index ETF (ROBO) surpasses USD2bn in AUM


After doubling its assets in the last five months, the ROBO Global Robotics & Automation Index ETF (Nasdaq: ROBO) has crossed the USD2 billion assets under management (AUM) threshold.

ROBO, which tracks the ROBO Global Robotics & Automation Index, returned 49 per cent to investors in the last 12 months and 76 per cent since inception in fall 2013. The index, created by ROBO Global, is the first in the world to track the global robotics, automation and artificial intelligence (RAAI) sector.
“Investors across the world are embracing the robotics and artificial intelligence investment theme with open arms,” says Travis Briggs, CEO of ROBO Global US.
ROBO Global Indices are licensed in 11 countries and trade on nine exchanges throughout the U.S., Europe, Asia, Canada and Australia. Total AUM for investment products tracking the ROBO indices is USD3.24 billion to date.
“Our team includes PhDs deeply immersed in the fields of robotics and AI, and we have the distinction as the only index provider solely focused on the robotics revolution,” Briggs says. “We believe in the growth potential of robotics and AI, and we believe that this growth opportunity is a long-term investment journey still in its infancy.”

Latest News

US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by