Five-star money manager reveals three stock picks, including bet on struggling U.S. malls
One highly rated fund manager shares some top picks, including two names many U.S. investors will be unfamiliar with.
Source: MarketWatch Top · October 12, 2026 at 11:01 AM · AI-assisted report
Single-sourceUNITED STATES (U.S.), 12 OCTOBER 2026 —
Malaysia’s Top Fund Manager Flags Undervalued Stocks, Including U.S. Mall Revival Play
Market Impact
A five-star-rated Malaysian fund manager has identified three stock picks for investors, including a bet on the revival of struggling American malls through a niche U.S. retail player, according to a report by MarketWatch on October 12.
The picks—two of which are lesser-known outside the U.S.—highlight opportunities in sectors often overlooked by mainstream investors. The manager, who oversees a fund with a five-star Morningstar rating, emphasized the potential of companies positioned to capitalize on structural shifts, including the decline of traditional retail spaces.
The three stocks include: - Simon Property Group (SPG), a U.S. real estate investment trust (REIT) specializing in premium shopping malls, which the manager sees as a beneficiary of the "reimagining" of retail spaces. - A company in the Malaysian property sector, though its name was not disclosed in the report. - A second U.S.-based firm, also unnamed, operating in a niche industry with strong regional demand.
The manager noted that while U.S. mall REITs like Simon Property Group have faced headwinds from e-commerce, they are now adapting by converting spaces into mixed-use developments, including residential and entertainment hubs. The fund’s strategy leans toward firms with resilient cash flows and long-term growth catalysts, aligning with its five-star performance track record.
For Malaysian investors, the picks underscore the appeal of diversified global exposure, particularly in sectors undergoing transformation. The manager’s focus on undervalued assets—including those tied to evolving consumer behavior—could serve as a guide for those seeking high-conviction opportunities beyond domestic markets. No further details on the Malaysian stock pick or the second U.S. name were provided.