Monthly Commentary

10 Jul 2008 14:03



10 July 2008

MONTHLY INVESTOR COMMENTARY

FIDAC, the investment manager of Prodesse Investment Limited, has today posted its June 2008 monthly investor commentary on the US Economy, US Mortgage Market, and the US Markets.

This month's headlines are:

The Economy: The Fed is in a pickle

The Mortgage Market: Fannie and Freddie hullabaloo

The Markets: The Fed stays on hold, the ECB does not

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