survey-sees-softer-growth-in-wealth-management-revenues

Survey sees softer growth in wealth management revenues

The industry's bright spots are China and India, which are viewed as the most attractive markets in Asia.

Revenue growth in Asia's wealth management industry is expected to soften significantly during the next two years, according to a Barclays Capital survey of Asia's leading wealth managers who between them have more than $5 trillion of assets under management. 

The wealth management survey involved 123 respondents from 53 wealth management organisations in seven countries across non-Japan Asia, including asset managers, insurance companies, local and global retail banks and private banks.  

In last year's survey, around 90% of wealth managers expected revenue growth in Asia of more than 5% per annum in the coming two years, while only 41% of respondents expect such growth in this year's survey. Worse news still,...

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