India

In 2009 we have seen a gold rush. Walking down the High Street, you will be fortunate not to trip over the signs of those eager to buy it.

Stock markets across Asia have rebounded strongly in 2009, outperforming the developed world, and the prospects continue to look encouraging.

Gold is entering a new era. In the past gold has been thought of primarily as a safe haven, but now it is recognised as a preserver of wealth by both institutional and private investors, relevant whatever the economic weather.

Emerging market equities rose strongly over the third quarter of 2009 and have now more than doubled from the low point seen in October 2008. Indeed, the last six months have seen the asset class deliver the best returns on record.

Equity markets around the world have continued to rally, fuelled by liquidity and some signs of improving economic data.

At a recent Schroders conference, it became clear to me that both clients and fellow investors were drawing the conclusion that my team reached some time ago: all roads now lead to emerging markets.

The new energy sector continues to benefit from government-mandated growth targets which aim to combat climate change and promote energy security.

Fidelity South East Asia manager Allan Liu shares his thoughts on Asian markets rebounding strongly in 2009

Baring Asset Management has appointed Kommera Chakradhar Reddy as head of India equities, with a view to launching further funds in the region.

Since March this year the Asia Pacific markets have rallied strongly, as investors anticipated that loose monetary policy and government stimulus packages would be enough to trigger a recovery.