Global stocks climbed Monday for their fifth session gain in a row as reassurances over the health of the U.S. banking industry sparked something of a recovery in investor appetite for risk. Experts interviewed by CNBC were more upbeat on the financial sector.
Universal Banking Model Works
Given the recent upheaval in the banking industry, it has showed that the universal banking model has remained one of the strongest, notes Neil Katkov, SVP of Asia research at Celent. He tells CNBC which two names stand out.
Upbeat on Australian Financials
Australia's top four banks have good strategies, says Rod Skellet, head of Global Markets at BBY. He also says the U.S. economy is a sound investment.
Positive on Mainland Banks
Peter Lai, director at DBS Vickers Securities remains positive on China's mainland banks as he expects their upcoming results to be much better than that of HSBC and Hang Seng Bank.
Underperform Rating on SK Banks
Alistair Scarff, head of Asia financial institutions research at Merrill Lynch currently has an "underperform" rating on South Korean banks, within his regional bank sector strategy.
Upside for Oil & Gold Seen
Peter McGuire, managing director of Commodity Warrants Australia sees upside in both the energy and gold markets within the next few weeks.
Upbeat on Taiwan Stocks
Expect the Taiwan market to continue to rally through the end of March, and possibly, into early April, says Seow Hock Hin, senior VP of institutional sales at MF Global.
Aussie Market Close to the Bottom
As Sean Fenton, portfolio manager at Tribeca Investment Partners and Matt Martin, institutional sales at Wilson HTM believe that the S&P/ASX 200 is close to the bottom, they tell CNBC where the best opportunities lie there.
How to Get into Gilts
Investors looking to get into the UK gilt market may be better off using a managed fund, Jonathan Fry from Jonathan Fry & Co. told CNBC. Paul White from Belgravia Insurance Consultants joined the discussion.
Steer Clear of Short Mortgage Fixes
Home owners and buyers should be looking for long-term fixed-rate mortgages, but be cautious on short-term fixed rates, Ray Boulger from John Charcol told CNBC.