Bank Sarasin has identified equities in Gulf state companies as one of the most lucrative investment arenas for 2009.
Speaking in Hong Kong, the institution's chief investment officer Burkhard Varnholt praised the unique stability offered by many Gulf companies as they are typically well managed, family-run operation focused on solid long-term growth.
Furthermore, the strength of balance sheets in the Gulf region was also extolled, while the natural resource wealth was also a strong incentive to invest in equities in the region.
As such, Mr Varnholt placed gulf equities as the second most important investment market for the coming year, second only to Chinese A- shares.
Other key investment trends identified by the Sarasin officer included selected sustainable water projects and rare materials such as tantalum and platinum.
Bank Sarasin last month collected two prestigious awards at the Banker Middle East Product Awards 2009 in the best structured product and best new product categories.