10 Jun 2008 09:04
10 June 2008
MONTHLY INVESTOR COMMENTARY
FIDAC, the investment manager of Prodesse Investment Limited, has today posted its May 2008 monthly investor commentary on the US Economy, US Mortgage Market, and the US Markets.
This month's headlines are:
The Economy: How close is the Fed to tightening? Not very…
The Mortgage Market: Mortgage refinancing and origination activity slows further
The Markets: Yields rise worldwide on inflation fears
Investors can access a copy of the Monthly Commentary at www.prodesse.co.uk
Enquiries:
Financial Dynamics
Rob Bailhache /
Nick Henderson
Tel: 020 7269 7200 / 020 7269 7114