The equity markets have been nothing short of turbulent over the last couple of weeks. The Dow saw a massive 778 point plunge on September 29 -- its biggest one-day point-drop on record, after the U.S. financial rescue package was rejected.
Even though the U.S. Senate has now passed the bailout bill, investors in Asia are still cautious. Many remain unconvinced that their equity investments are safe are are closely watching the passage of the bailout bill in the House of Representatives.
"The best thing, usually, is to do nothing," quips Naomi Fink, Japan strategist at Bank of Tokyo Mitsubishi on CNBC Asia Pacific's "Protect Your Wealth" segment.
But if you look hard enough, experts like Fink say they do see some pockets of opportunities -- like in defensives, for example.
"There are certain sectors that perform very well in counter-cyclical conditions -- utilities being one of these, [like] telecoms in Japan."