Our monthly podcast brings you big-picture insights from leading investment experts, exploring the opportunities, challenges and risks shaping investor portfolios.
In this month's episode, our guest is Sharmin Rahman, an investment manager specialising in fixed income for Liontrust and fund manager on the Liontrust GF High Yield Bond fund.
We discuss all things high-yield bond and fixed income, thoughts on the indiscriminate sell-off in software names, how the quality of the high-yield space has improved over the years and investors should put more emphasis on sell discipline.
00:00 Introduction
00:56 Background to becoming a fund manager
04:30 Thoughts on the software sell off in credit
06:16 Why investors shouldn't be trying to time the market now
08:07 Why we will still see interest rate cuts despite higher energy prices
09:15 Why artificial intelligence companies are tapping credit markets
11:07 How high yield differs from investment grade credit
12:14 How the high-yield asset class has changed over the years
13:27 Where Sharmin is seeing the best opportunities at the moment
17:32 The role high-yield plays in an investor's portfolio
19:52 Will private credit troubles spill into the public markets?
23:39 Best piece of investment advice
25:01 Further information
25:23 Risk warning
Please note that this podcast was recorded on 16 April 2026.
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