Singapore has assumed the position as the world's second most established financial services hub, with New York leading the list, in the recent Bloomberg Global Poll.

According to the poll, 29 per cent of investors view New York as the best place for financial services two years from now. Singapore came in second with 17 per cent of votes, and London third with 16 per cent. Tokyo, once seen as a global financial centre, garnered only 1 per cent.

As regards investment prospects, those polled revealed that emerging markets China, India, and Brazil show the most potential, generating 66 per cent, 67 per cent, and 68 per cent of votes, respectively. Only 41 per cent were optimistic about the US' investment climate, 36 per cent in the European Union, and 25 per cent in Japan.

The survey involved a random sample of 1,452 subscribers to the Bloomberg Professional service, which has over 300,000 members from the finance, markets, and economic industry. The study was conducted by Selzer & Company.