Thursday, April 17, 2008

Survey of Credit Portfolio Management During Credit Crisis

...Finds Strong Performance But Different Approaches Towards Managing Risk (ISDA)

The International Association of Credit Portfolio Managers, the International Swaps & Derivatives Association, and The Risk Management Association today announced the completion of the 2007 Survey on Credit Portfolio Practices conducted jointly with McKinsey & Company exploring credit portfolio management practices during the height of the current credit crisis. The survey finds 95 percent of credit portfolio managers believe their reputation for managing risk has strengthened during the crisis. At the same time, the results reveal institutions take significantly different approaches to portfolio management and that affects how managers view additional action steps...

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