Bringing you live news and features since 2006 

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

RELATED TOPICS​

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

Solactive writes that it has expanded its collaboration with Kiwoom Asset Management by providing the underlying indices to the KIWOOM..
MSCI has announced the launch of MSCI Private Capital Indexes, writing that with growing investor interest in private markets, high..
Matteo Greco, Research Analyst at Fineqia International, writes that bitcoin (BTC) ended the week at approximately USD68,150, marking a 12.1..
Raymond James Investment Management plans to launch an ETF product platform in 2025 to support strong client demand in alignment..

Related Articles

Scott Kefer, VictoryEx Capital Holdings
Bailey McCann writes that active ETFs are capturing investor interest, according to the latest data from Morningstar, which finds that...
Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
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