11 May 2009 10:02
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11 MayΒ 2009
MONTHLY INVESTOR COMMENTARY
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FIDAC, the investment manager of Prodesse Investment Limited,Β has todayΒ posted itsΒ AprilΒ 2009Β 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: 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 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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