10 Jun 2009 09:21
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10Β JuneΒ 2009
MONTHLY INVESTOR COMMENTARY
Β
FIDAC, the investment manager of Prodesse Investment Limited,Β has todayΒ posted its MayΒ 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: 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 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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