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From Precy Dumlao, Opalesque Asia:

A study by British Isles-based Royal Skandia showed that the majority of Asian financial advisers believes that gold and Asian/Emerging market equities will provide the best returns this year. The study entitled "The Offshore Adviser Confidence Barometer" that was participated in by more than 450 advisers across the globe, including 100 in Asia, is a sharp contrast from the prevailing view that the yellow metal is a "bubble waiting to burst."

The Royal Skandia study showed that in Hong Kong, Asian/Emerging Market equities received a combined 37% vote for the best performing asset class, followed by gold at 27%. In Singapore, the figures were 28% and 12% respectively, and in other countries in the region, 34% of advisors picked Asian/Emerging Market equities and 20% gold as the best bets.

But Singapore-based financial advisers are looking at agriculture as the second best asset class with gold running at third. At least 20% of the surveyed advisers in Singapore favour agriculture over the yellow metal.

Michael Leeson, Head of Sales in Hong Kong for Royal Skandia commented, "It is not surprising to see advisers based in Asia feeling upbeat about the region and favouring Asian/Emerging Market equities for the best longer term investment returns given the relative strength of the economies. After such a strong run, and with governments in the region implem......................

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