Global Funds Look to Malaysia as Iran War Shakes Up Asian Assets

Even before the war in Iran sparked a surge in energy prices, Malaysia stood out from its Southeast Asian peers as the newfound darling of global investors.

A rare stretch of political stability and investments in higher-value manufacturing and data centers lifted Malaysia’s appeal as some of its neighbors grappled with leadership changes and fiscal strains. The conflict in the Middle East further burnished the country’s advantage as investors looked for markets better placed to weather volatility.