Monthly Commentary

8th Nov 2006 09:18

Prodesse Investment Limited08 November 2006 08 November 2006 MONTHLY INVESTOR COMMENTARY FIDAC, the investment manager of Prodesse Investment Limited, has today postedits October monthly investor commentary on the US Mortgage Market, The USEconomy and the US Markets. This month's headlines are: The Mortgage Market: Mortgage activity slows; subprime credit performanceworsens The Economy: The Federal Reserve's housing paradox The Markets: Rates take a round trip, oil loses steam 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

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