"Investing in Asia follows two broad themes: asset reflation and growing domestic demand; however, without improvements in infrastructure the ambitious goals to boost domestic demand in emerging markets will be unsustainable," suggests Yiannis Mostrous.

The editor of The Silk Road Investor explains, "Without upgrading their infrastructure, these countries won't be able to achieve the savings from reduced costs and a faster production cycle.

"This is particularly important for Asia because the region is leading the charge on global economic growth. Emerging economies are in a race against time to build up their infrastructure, as breakneck urbanization is pressuring existing infrastructure.

"Global markets, as measured by the MSCI EAFE Index, have risen nearly 27% since August, outpacing the 18% gain in the S&P 500," notes sector specialist Jim Farrish.

The editor of SectorExchange.com suggests, "It is reasonable to assume there is still room for growth in the global markets.

"However, the risk of putting new money to work has risen along with prices. It is important to be patient and develop a realistic strategy for adding these assets to your portfolio. Two markets in particular worth looking at are India and Japan.

India Fund (IFN) closed at $29.97. IFN overall option implied volatility of 26 is below its 26-week average of 32 according to Track Data, suggesting decreasing price movement.

PetroChina (PTR) closed at $111.92. WTI Crude Futures are recently up 0.04% to $79.70 according to Bloomberg. PTR March put option implied volatility is at 24, April puts are at 29; below its 26-week average of 35 according to Track Data, suggesting decreasing price movement.

Options Update is by stock specialist Paul Foster of theflyonthewall.com.

"With an increasingly affluent middle class fueling heavy domestic consumption, India is teeming with investment opportunities," suggests Nathan Slaughter.

In The ETF Authority, he looks to Morgan Stanley India Investment (NYSE: IIF), noting, "This exchange-traded fund has been one of the best-performing Asian funds, quintupling shareholders' money during the past decade."

"India is home to 1.2 billion citizens, second only to China as the world's most populous nation. Many of its people still eke out a marginal, agrarian lifestyle. But, more than 300 million Indians are skilled workers that have graduated to the ranks of the middle and upper classes.

"India is one of the hottest economies on the planet and holds tremendous profit potential," says Larry Edelson in Real Wealth. Here, he looks at a trio of fund poised to "capitalize on India's boom."

"India's economy is growing at a 9% rate, ten times faster than the U.S. and only a couple of percentage points behind China. And the Indian economy is not merely outgrowing the U.S. by leaps and bounds; it's also at the very epicenter of the booming natural resource markets.

"India has the fastest-growing population in the world, expanding at the rate of some 16 million per year. At that rate, India's population will exceed 1.4 billion people and be larger than China's by 2030.