Advisers have regained their appetite for riskier equities, according to a survey.
The AXA IM research found almost two thirds of advisers are confident equities would offer the best returns for investors over the next six months, while 69.1% believe the Far East in particular offers the greatest opportunities.
More than half of the intermediaries surveyed say they expect to recommend global equity products over the next six months.
This seems to correspond with their clients requirements. More than 28 advisers say they have witnessed renewed appetite for risk as clients seek alternatives to low bank deposit returns.
The survey is the latest evidence of a recovery in equity demand following a rebound in global stock markets.
The UK's FTSE 100 has recovered 50% since its lows at the beginning of March.
But Rob Bailey, head of UK sales, AXA IM says he is pleased to see fixed income remains an "intrinsic" part of client's investment portfolios despite the stock market rebound.
"It is unsurprising that investors are seeking alternatives to bank deposit returns and it is reassuring to see that investors do understand the value of a diversified portfolio across asset classes in the long term," he says.
The results of the survey come ahead of AXA IM's investment summit on Wednesday.
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