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Monthly Commentary

11th Jun 2007 10:00

Prodesse Investment Limited11 June 2007 11 June 2007 MONTHLY INVESTOR COMMENTARY FIDAC, the investment manager of Prodesse Investment Limited, has today postedits May monthly investor commentary on the US Mortgage Market, The US Economyand the US Markets. This month's headlines are: The Mortgage Market: Prepays come in more slowly with weak housing and moreregulationThe Economy: Big sentiment shift on little change in dataThe Markets: Bonds cry a river of tears as expectations adjust for Fed ease 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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