The growth story of Exchange Traded Funds (ETFs) continues in the second half of the year, as wealthy investors turn to this investment instrument after a volatile first half for equities.

The numbers available from BlackRock for last month show that despite lower overall trading volumes, the global exchange-traded product (ETP) industry attracted net inflows of US$ 12.1 billion, more than double the US$ 5.3 billion collected in August last year.