Look to Investment Grade Credit for Value: Strategist

Thursday, 19 Jul 2012 | 5:00 AM ET

"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.