China has top growth potential in Asian wealth sector, says Barclays survey

Barclays Capital annual Asian wealth survey bullish on China and India

China is viewed as having the highest growth potential of any wealth management market in Asia over the next two years, followed by India, according to Barclays Capital's annual industry survey, published on April 23.

A large majority (81%) of respondents expect assets managed by the industry in greater China to grow by 16% annually or more over the next two years. Only 65% of respondents to last year's survey were this bullish on the country. At the same time, the bank said wealth managers were