Optimistic Asia wealth managers put growth before liquidity
They are positive about China and the eurozone, while emerging markets become the second most actively used asset class. Changing regulation is seen as the main challenge.
Asian wealth managers are looking at 2012 with renewed optimism -- a view largely shared among their clients, with growth overtaking liquidity from last year as the most important product feature.
That’s according to the annual Asia Wealth Management Survey conducted by Barclays, set to be published today. It features 109 respondents from 65 firms across eight Asian nations, with participants including banks, private banks, broker dealers, fund managers and insurance firms. Overal…
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