L&G Talks Asset Management 401: Middle East update – market impacts and outlook
Mar 20, 2026
33:02
This episode is the edited audio of a webinar we held with clients on 20 March to discuss the market reaction to the ongoing conflict in the Middle East.
Alongside human and political consequences, the conflict in the Middle East continues to impact markets. In this webinar, we shared our reflections on market conditions and managing risk in this environment.
Among other topics, our speakers covered:
- The magnitude of market moves so far
- How elevated inflation expectations are affecting the path of interest rates
- What a higher oil price means for emerging market debt
- Why recent moves in gilt yields are very different from those we saw in 2022
Our speakers were: Chris Jeffery, Co-Head of Asset Allocation and Head of Macro; Ben Bennett, Chief Investment Strategist for Asia; and Raza Agha, Head of Emerging Market Sovereign Strategy.
The webinar was moderated by Lara Edmonstone-West, Head of Solutions Distribution.
For professional investors only. Capital at risk. Risk management cannot fully eliminate the risk of investment loss. It should be noted that diversification is no guarantee against a loss in a declining market.