TOKYO -- Nikko Asset Management's robotics equity fund has topped 1 trillion yen ($9.17 billion) in assets as lofty expectations for global robot demand lure investors away from income trusts paying monthly dividends.
The Global Robotics Equity Fund's top holdings at the end of December were Japanese robot makers Keyence and Yaskawa Electric and foreign companies like America's Rockwell Automation. The 1 trillion yen tally covers assets from the fund's four strains, including ones offering annual and semiannual settlements.
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