Appetite for ETF Securities‘ range of technology ETPs has sharply accelerated, with AUM in the firm’s cyber security, and robotics and automation ETPs increasing by 60% in 2017 and reaching $426.8m, following president Trump’s promises to bring manufacturing back to the US and address cyber security issues which are said to have plagued the US election.
ETF Securities’ Robo Global Robotics and Automation Go Ucits ETF, launched in October 2014 in partnership with Robo Global, has now passed the $323.4m mark, a rise of 71% in 2017 so far.
The product was Europe’s first global robotics and automation ETF, providing investors with a simple, liquid and cost-effective way to gain access to the rapidly evolving new megatrend of growing use of robotics in manufacturing.
ETF Securities’ ETFS ISE Cyber Security Go Ucits ETF, launched in October 2015, reached $103.4m AUM as at February 23, growing 34% so far in 2017.
Howie Li, co-head of Canvas at ETF Securities said: “We’ve been seeing strong inflows from investors since inception, but Trump has bumped interest in both products after making campaign cornerstones of bringing work back to the U.S., which will likely boost appetite for factory tech, and addressing the cyber security issues which are said to have plagued the election.”
He added: “We think in the long-term, robotics manufacturers and cyber security stocks will be key sectors to watch and seek exposure to because both sectors are part of an unparalleled technological revolution. But in the short term President Trump’s constant pronouncements from the Oval Office have helped to raise investor awareness.”