EWM: The Underrated Asia Play
The iShares MSCI Malaysia ETF offers targeted exposure to Malaysia's equity market, with a concentrated 54% weighting in Financials and 21% in Industrials. EWM stands to benefit from Malaysia's data center boom, semiconductor sector ambitions, and the Visit Malaysia 2026 tourism initiative, all driving potential re-rating catalysts. Trading at a 14.4x P/E, EWM is attractively valued versus broader emerging markets, providing a margin of safety amid positive structural trends.