Monthly Investor Commentary

9 May 2008 10:00

Prodesse Investment Limited09 May 2008 9 May 2008 MONTHLY INVESTOR COMMENTARY FIDAC, the investment manager of Prodesse Investment Limited, has today postedits April 2008 monthly investor commentary on the US Economy, US MortgageMarket, and the US Markets. This month's headlines are: The Economy: Mr. Market lifts his head out of the rubbleThe Mortgage Market: Mortgage refinancing speeds to be held down by price declines, lack of creditThe Markets: Go figure: the Fed cuts again, and the dollar rallies Investors can access a copy of the Monthly Commentary at www.prodesse.co.uk 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