Monthly Commentary

10 Jun 2008 09:04



10 June 2008

MONTHLY INVESTOR COMMENTARY

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

This month's headlines are:

The Economy: How close is the Fed to tightening? Not very…

The Mortgage Market: Mortgage refinancing and origination activity slows further

The Markets: Yields rise worldwide on inflation fears

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