10th Jun 2009 09:21
10 June 2009
MONTHLY INVESTOR COMMENTARY
FIDAC, the investment manager of Prodesse Investment Limited, has today posted its May 2009 monthly investor commentary on the US Economy, US Mortgage Market, and the US Markets.
This month's headlines are:
- The Economy: Banks under the lens
- The Residential Mortgage Market: Convexity trading a factor in the Treasury market
- The Commercial Mortgage Market: The potential fall-out from S&P's change in methodology
- The Markets: Stocks levitate, bonds fall, gold benefits
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
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