Monthly Commentary

RNS Number : 8880H

Prodesse Investment Limited

11 November 2008

 



11 November 2008

MONTHLY INVESTOR COMMENTARY

FIDAC, the investment manager of Prodesse Investment Limited, has today posted its October 2008 monthly investor commentary on the US Economy, US Mortgage Market, and the US Markets.

This month's headlines are:

The Economy: October was the month of capitulation

The Mortgage Market: Mortgage refinancing activity driven by credit quality

The Markets: The dollar strengthens as global economic woes mount

Investors can access a copy of the Monthly Commentary at www.prodesse.co.uk 

Enquiries:

Financial Dynamics 

Rob Bailhache / 

Nick Henderson         

Tel: [phone]

 

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