A top-2% fund manager shares where he'll be looking for opportunities as Middle East turmoil threatens tech

Anadolu/Anadolu via Getty Images

• Rising oil prices due to the Iran war could impact tech stocks and the AI trade.
• That's according to Tom Hancock, a fund manager at GMO.
• He suggested looking to healthcare stocks if Middle East turmoil continues.

Rising oil prices — and their potential impact on inflation — are front and center in the market conversation right now.

Yet, if the conflict between Iran and the US and Israel continues and the Strait of Hormuz stays closed...