11 January 2010
MONTHLY INVESTOR COMMENTARY
FIDAC, the investment manager of Prodesse Investment Limited, has today posted its December 2009 monthly investor commentary on the US Economy, US Mortgage Market, and the US Markets.
This month's headlines are:
- The Economy: Grading the efforts to induce economic recovery
- The Residential Mortgage Market: The Christmas gift to the mortgage market
- The Commercial Mortgage Market: Where we are in the revaluation of commercial property
- The Corporate Credit Market: The peak in default rates is behind us
- The Markets: The US bond market gets spooked
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