9 Jan 2009 10:52
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09Β JanuaryΒ 2009
MONTHLY INVESTOR COMMENTARY
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FIDAC, the investment manager of Prodesse Investment Limited,Β has todayΒ posted itsΒ DecemberΒ 2008Β monthly investor commentary on theΒ US Economy, US Mortgage Market,Β and the US Markets.
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This month's headlines are:
The Economy: The Fed goes to the toolbox as rates approach zero
The Residential Mortgage Market: Handicapping prepayment speeds gets complicated
The Commercial Mortgage Market: Commercial real estate should feel sting of poor jobs picture
The Markets: 2008 was the year to own Treasuries, and sell everything else
Investors can access a copy of the Monthly Commentary atΒ www.prodesse.co.ukΒ
Enquiries:
Financial DynamicsΒ
Rob Bailhache /Β
Nick Henderson Β
Tel: 020 7269Β 7200 / 020 7269 7114
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