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ROBO Global

ROBO Global Capital Markets head says investors should ignore market volatility, stay focused on long-term

ROBO Global's head of Capital Markets, Chris Buck, tells Proactive Investors that investors should not be worried about current market volatility. ROBO Global focuses on robotics, automation, and artificial intelligence (RAAI) companies.

Buck says uneasy markets may scare some investors, but they should focus on long-term investing, adding that ROBO's strategy with its Global Robotics and Automation Index (NYSE:ROBO) involves long-term rebalancing and reconstituting. Buck also mentioned on a stock the index added last year, Ocado Group PLC (LON:OCDO) (OTCMKTS:OCDDY).

Quick facts: ROBO Global

Price: $39.59

Market: NYSE
Market Cap: $2.21 billion
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ROBO Global seeing annual growth in last decade of well over 20%

Richard Lightbound, ROBO Global's (NYSE:ROBO) CEO EMEA & Asia, tells Proactive's Andrew Scott the performance of its index, which tracks robotics and AI companies, is up 20% for the year. ''That's pretty phenomenal'', Lightbound days, adding ''that's obviously over a short period of...

on 8/3/19

2 min read