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Monthly Commentary

9th Nov 2007 11:27

Prodesse Investment Limited09 November 2007 9 November 2007 MONTHLY INVESTOR COMMENTARY FIDAC, the investment manager of Prodesse Investment Limited, has today postedits October monthly investor commentary on the US Economy, US Mortgage Market,and the US Markets. This month's headlines are: The Economy: The Federal Reserve fears the third riskThe Mortgage Market: Mortgage prepayments continue to slow; ARMs gainThe Markets: Oil and gold, helped by technical issues as well as the weak dollar Investors can access a copy of the Monthly Commentary at www.prodesse.co.uk Press and Analyst 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

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