China has top growth potential for Asian wealth, says BarCap

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, published on April 23. And many high net worth individuals will invest in structured products, the survey says.

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 managers were slightly less optimistic about the growth potential of India compared to last year, but 60% still forecast growth of at least 16%. The survey also found wealth managers are becoming more comfortable recommending

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