UPDATE. Got it to work based on this answer

http://stackoverflow.com/questions/14761724/angularjs-insert-html-from-a-string

Hi everybody,

I've placed the following in my HTML page

<div class="col-md-12">
                @String.Format(Messages.noUserDefinedConfiguredX, "<a href='/CustomerAccounts/PrefsAcs'>" + Labels.customerAccounts + "=" + Labels.preferences + "</a>")
            </div>

In the resource file I defined a message like this (the bold text is actually {0}) parameter.

"No User Defined Fields Configured. You must configure titles for the user defined fields in Customer Accounts - Preferences first. Then they will appear here."

The bold text needs to be a link.

If I try to use string format and just a href it appears as part of a string. How can I make it the actual link here?

Thanks in advance.