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Look to Investment Grade Credit for Value: Strategist

5:00 AM ET Thu, 19 July 2012

"Stocks are cheap, but value is not necessarily where products are cheap, value is actually where they are expensive and I think credit is an interesting asset class, particularly investment grade where it is expensive right now and I just think it gets more expensive still." Alan Capper, head of credit strategy, Lloyds Banking Group, told CNBC.