11 Mar 2009 09:20
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11Β MarchΒ 2009
MONTHLY INVESTOR COMMENTARY
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FIDAC, the investment manager of Prodesse Investment Limited,Β has todayΒ posted itsΒ FebruaryΒ 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:
β’ The Economy: Economic weakness intensifies; banks look for tangible equity
β’ The Residential Mortgage Market: Prepayment speeds increase; future still uncertain
β’ The Commercial Mortgage Market: Two case studies of poor CRE lending
β’ The Markets: Dividends get slashed, stocks fall
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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