Monthly Commentary

10 Jan 2007 11:00

Prodesse Investment Limited10 January 2007 10 January 2007 MONTHLY INVESTOR COMMENTARY FIDAC, the investment manager of Prodesse Investment Limited, has today postedits December monthly investor commentary on the US Mortgage Market, The USEconomy and the US Markets. This month's headlines are: The Economy: 2006 was a year of transition, but 2007 visibility is cloudyThe Mortgage Market: Prepays decline; measuring refinanceability in the marketThe Markets: Stocks were up, bonds and the dollar were down in 2006 Investors can access a copy of the Monthly Commentary at www.prodesse.co.uk Press and Analyst Enquiries:Rob Bailhache / Nick Henderson, Financial DynamicsTel: 020 7269 7200 / 020 7269 7114 This information is provided by RNS The company news service from the London Stock Exchange