Monthly Commentary

RNS Number : 0118S

Prodesse Investment Limited

11 May 2009

 



11 May 2009

MONTHLY INVESTOR COMMENTARY

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

This month's headlines are:

- The Economy: Less bad is not the same thing as good, and we have the graphs to prove it

- The Residential Mortgage Market: At least one driver of faster prepayment speeds

- The Commercial Mortgage Market: The General Growth Properties bankruptcy: a knotty problem

- The Markets: Stocks have another good month

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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