Monthly Commentary

RNS Number : 3163F

Prodesse Investment Limited

11 January 2010

 



11 January 2010

MONTHLY INVESTOR COMMENTARY

FIDAC, the investment manager of Prodesse Investment Limited, has today posted its December 2009 monthly investor commentary on the US Economy, US Mortgage Market, and the US Markets.

This month's headlines are:

- The Economy: Grading the efforts to induce economic recovery

- The Residential Mortgage Market: The Christmas gift to the mortgage market

- The Commercial Mortgage Market: Where we are in the revaluation of commercial property

- The Corporate Credit Market: The peak in default rates is behind us

- The Markets: The US bond market gets spooked

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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