China tops Asian wealth growth potential

China is viewed as having the highest growth potential of any wealth management market in Asia during the next two years, followed by India, according to Barclays Capital’s annual industry survey of wealth managers published today.

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, Barclays said wealth

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