Monthly Commentary

RNS Number : 0694N

Prodesse Investment Limited

10 February 2009

 



10 February 2009

MONTHLY INVESTOR COMMENTARY

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

This month's headlines are:

• The Economy: The housing market has not seen a bottom, and none is in sight

• The Residential Mortgage Market: Prepayment speeds pick up, but from a very slow pace

• The Commercial Mortgage Market: A report from the CMSA

• The Markets: The market sobers up to economic policies; stocks fall, gold and bond yields rise

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

Enquiries:

Financial Dynamics 

Rob Bailhache / 

Nick Henderson         

Tel: [phone]

 

END

 

 

MSCKGGMZLGZGLZG