Monthly Commentary

11 Jul 2007 10:00

Prodesse Investment Limited11 July 2007 11 July 2007 MONTHLY INVESTOR COMMENTARY FIDAC, the investment manager of Prodesse Investment Limited, has today postedits June monthly investor commentary on the US Mortgage Market, The US Economyand the US Markets. This month's headlines are: The Mortgage Market: Prepays stay slow; evaluating extension riskThe Economy: The Fed is unmoved, but it can't stay unmovedThe Markets: Stocks move sideways amid bond market volatility 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