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In this episode of Hargreaves Lansdown’s meet the manager, Joseph Hill is joined in the studio by Shalin Shah, lead manager of the Royal London Corporate Bond fund Shah shares his views on why bond markets are inefficient and how he can take advantage as an active manager. He also discusses how companies have coped with higher interest rates in recent years. Watch to discover the bond investors who’ve had the biggest impact on Shah and his investment approach. This video isn’t personal advice. These are the views of the fund manager and not a recommendation to buy, sell or hold any investment. All investments can fall as well as rise in value, so you could get back less than you invest. If you’re not sure if an investment is right for you, ask for financial advice. Past performance isn’t a guide to the future. Yields are variable and income is not guaranteed. The fund can invest in unrated bonds, high yield bonds and derivatives, which all add risk. Charges can be taken from capital, which can increase the yield but reduces the potential for capital growth. Recorded 9_3_25