Legal & General Investment Management (LGIM) has launched a unit trust version of its L&G ROBO Global Robotics and Automation ETF.
The Legal & General Global Robotics and Automation Index fund has been launched in partnership with ROBO Global, and will track the ROBO Global Robotics and Automation UCITS index. LGIM said the fund would offer financial advisers and wealth managers access to the same strategy as its ETF, which LGIM said had amassed over $1bn in assets. ESG Blog: LGIM takes on ExxonMobil board on climate response The underlying index was designed to provide broad exposure to the global value chain of best-in-class robotics and automation companies, as well as enabling technologies, LGIM added. ...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
