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Global ETF flows on course to soar past previous records

Investors shrugged off market ructions and ignored the usual summer lull to pour $130bn into exchange traded funds

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Global inflows into exchange traded funds are on course to surge to new record highs this year, as market volatility and a summer lull failed to damp buying in August.

Investors poured a net $129.7bn into ETFs in August, according to data from BlackRock.

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