Monthly Commentary

12 Mar 2007 11:00

Prodesse Investment Limited12 March 2007 12 March 2007 MONTHLY INVESTOR COMMENTARY FIDAC, the investment manager of Prodesse Investment Limited, has today postedits February monthly investor commentary on the US Mortgage Market, The USEconomy and the US Markets. This month's headlines are: - The Mortgage Market: Prepays speed up; sub-prime performance woes also seen in Alt-A - The Economy: The Fed looks to stay on hold but...for how long - The Markets: After a month of turbulence, stocks are down, bonds are up Investors can access a copy of the Monthly Commentary at www.prodesse.co.uk Press and Analyst Enquiries: Rob Bailhache / Nick Henderson, Financial Dynamics Tel: 020 7269 7200 / 020 7269 7114 This information is provided by RNS The company news service from the London Stock Exchange