Celent says regulation of private equity in various Asian countries is far more hands-off than in the West and, in China, actively supportive of the industry.
Combined volume on Asian derivatives exchanges has finally overtaken North America, led strongly by Korea and India. But the competition for regional dominance is heating up.
ChinaÆs wealth-management industry, on track to hit $700 billion in 2014, is likely to be driven by guaranteed funds in the near term; Celent outlines which distributors should gain the most.