Analysts and investors in robotics rely on indices to track the state of the market. VettaFi LLC, a data, analytics, digital distribution, and thought leadership company that said it helps asset managers solve their most pressing and complex challenges, today announced that it has acquired the ROBO Global index suite.
“We are thrilled to add the ROBO Global suite to VettaFi’s existing family of thematic indexes, as indexing is one of the most vibrant corners of the investment management industry,” stated Leland Clemons, CEO of VettaFi. “Our clients and our prospective clients will be very excited about the range of indexing ideas and approaches we can now bring to bear on their behalf, in tandem with all of the data, analytics, and digital distribution offerings that make up the full range of VettaFi solutions.”
VettaFi said it engages millions of investors annually by cultivating a data-driven platform, built to empower and educate financial advisors and institutional investors. In addition to providing interactive online tools and research, the firm offers asset managers an array of indexing and digital distribution solutions to innovate and scale their businesses.
VettaFi aims to be 'one-stop shop' for asset managers
VettaFi claimed that it is “a one-stop resource for everything asset managers need to build successful, differentiated businesses, with indexing as a major pillar and focus for future innovation.” With the ROBO Global acquisition, VettaFi said its full range of index solutions now underpins more than $17 billion in exchange-traded funds (ETFs) and other investment vehicles.
“Continuing to build the industry’s most robust suite of thematic indexing solutions is at the core of our mission at VettaFi and one of the tasks that drew me to this team,” said Brian Coco, who joined VettaFi in 2022 from J.P. Morgan Asset Management as head of index products.
“Whether the focus is on innovative thematic investment ideas, mega-trends, or broad equity exposures, we can provide asset managers with a complete range of indexing solutions,” he added. “With the intellectual property and talent we’ve acquired through this deal, we are better equipped than ever to develop highly customized and differentiated indexing approaches.”
ROBO Global tracks robotics, AI
The ROBO Global indexes focus on helping investors benefit from the opportunities in fast-growing robotics, artificial intelligence, and healthcare technology companies around the world. The suite includes the first benchmark indexes tracking the robotics and AI revolution for investors.
The ROBO Global indexes now part of VettaFi’s index offerings include:
- The ROBO Global Robotics & Automation Index
- The ROBO Global Artificial Intelligence Index
- The ROBO Global Healthcare Technology & Innovation Index
The earliest of the ROBO Global indexes has a track record dating back to 2013. ROBO Global indexes have seen significant adoption by a variety of product issuers in both the U.S. and U.K., where ROBO Global indexes have underpinned UCITS vehicles since 2014. There are currently 15 products worldwide that license a ROBO Global benchmark.
“We’re very pleased that VettaFi will be the new home for the ROBO Global family of indexes,” said Travis Briggs, CEO of ROBO Global.
“This suite of indexes was founded to capture the wide range of opportunities emerging in robotics, automation, AI, and healthcare,” he said. “Each of those categories is now far past the emerging stage, making the right benchmarks essential for both asset managers and investors.”
“VettaFi’s focus on innovation is philosophically aligned with ours, and these indexes are a natural fit with the range of solutions VettaFi has on offer,” Briggs noted.