12 February 2010
MONTHLY INVESTOR COMMENTARY
FIDAC, the investment manager of Prodesse Investment Limited, has today posted its January 2010 monthly investor commentary on the US Economy, US Mortgage Market, and the US Markets.
This month's headlines are:
· The Economy: Beneath the headline GDP number
· The Residential Mortgage Market: Who benefits from the Fed's buying program? Not homeowners
· The Commercial Mortgage Market: Stuy town's next chapter
· The Corporate Credit Market: Global policy uncertainties offset corporate earnings
· The Markets: Fear beats greed in January
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