Robotics-related investment fund reaches $1.5 billion worth of assets under management

A robotics- and automation-related investment fund says it now has $1.5 billion under management.

The Robo Global Robotics & Automation exchange-traded fund (ROBO) is celebrating four years on the Nasdaq stock exchange.

Robo Global is said to be the first robotics-related investment fund, and says so far this year, it has delivered a total return of 37.73 percent.  Continue reading Robotics-related investment fund reaches $1.5 billion worth of assets under management

Largest robotics and automation investment fund now has $1 billion in assets under management

ROBO, believed to be the first robotics and automation exchange traded fund, has reached a new milestone in terms of its assets under management.

Index provider ROBO Global, which has holdings in more than 100 listed companies, says investors have embraced its dedicated focus on robotics, automation and artificial intelligence.

The ROBO Global Robotics & Automation Index ETF recently surpassed $1 billion in assets under management, and its managers say it has achieved the psychologically significant benchmark less than four years after launching.  Continue reading Largest robotics and automation investment fund now has $1 billion in assets under management