client only

Update: your portfolio

11th May 2026


The situation in the Middle East continues to develop and we thought it would be helpful to provide a brief update on how portfolios have been impacted by the recent market volatility to provide reassurance.

A precarious situation still exists and at the time of writing, President Trump has turned down Iran’s proposals to end the war. Events such as these can tempt investors to question whether they should do something in the face of such short term uncertainty. The short answer is that they should not. Periods of market stress – whether caused by conflicts, pandemics, political upheaval or economic surprises – feel uncomfortable, but they are expected and are a normal part of investing.

There remain many unknowns, however what we  do know is that a well‑structured, globally diversified portfolio like yours is designed to cope with periods of uncertainty.


Old Mill Portfolios


The charts below show that despite all the recent turmoil caused by recent events in the Middle East, all portfolios are still showing significant gains over the last 12 months.

Remember your adviser is always at hand and do pick up the phone if you want to discuss your individual circumstances.