Macro Bytes

Author: Aberdeen Investments

Macro Bytes
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How are investors responding to the Iran conflict? – with Victoria Scholar from interactive investor
Thursday, 2 April, 2026

The Iran war is now in its 5th week, longer than many in the market seem to have been expecting, and it continues to be a source of significant asset price volatility. Paul and Luke are joined by Victoria Scholar, Head of Investment at interactive investor, to consider the market and investor reaction to the conflict. They discuss the significance of the oil price as both barometer and transmission mechanism of the conflict, the performance of EM vs DM markets, investor interest in gold, where diversification can be found in a geopolitical crisis, and whether retail investors can be better contrarians at market turning points.