More than 80% of UK intermediaries polled in June had a favourable view of Asian equities, a sharp rise compared with the end of last year.
Baring Asset Management, which carried out the online poll, says the intermediaries are responding to trends such as rising consumption, market reforms and a strong technology sector in Asia.
"Recent falls in commodity prices have allowed Asian manufacturers in some industries to benefit from improved profit margins," says HyungJin Lee, head of Asian equities. "Add to this the effect of structural change in the region, and we think the outlook for earnings growth for companies is favourable, particularly when compared with emerging market peers."
Lee tipped three stocks for growth: Taiwanese smartphone component manufacturer Largan Precision; Korean cosmetic manufacturer AmorePacific; and Airports of Thailand. He says the latter stock is positioned to benefit from what he calls the "Chinese tourism wave".
"It is only in recent years that many Chinese have taken their first trip abroad, and Thailand is a popular choice. We think companies such as Airports of Thailand stand to benefit or many years from this growth."
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