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We are Buying Global Titans on the Cheap: Pro

Friday, 6 Jul 2012 | 3:00 AM ET

"I would argue that the European index has had a couple of years now to flush out the bad stuff, so what you are left with is the global Titans on the cheap and so what we have done is by a little bit of global business at a discount because it happens to be domiciled in Europe,¿ Charlie Morris, head of Absolute Return at HSBC Global Asset Management, told CNBC.