Monthly Commentary

RNS Number : 6545T

Prodesse Investment Limited

10 June 2009

 



10 June 2009

MONTHLY INVESTOR COMMENTARY

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

This month's headlines are:

- The Economy: Banks under the lens

- The Residential Mortgage Market: Convexity trading a factor in the Treasury market

- The Commercial Mortgage Market: The potential fall-out from S&P's change in methodology

- The Markets: Stocks levitate, bonds fall, gold benefits

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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