TITLE

RiskMetrics Tool Helps Hedge Funds Gauge Synthetic CDO Risk

AUTHOR(S)
Heires, Katherine
PUB. DATE
December 2007
SOURCE
Securities Industry News;12/10/2007, Vol. 19 Issue 41, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on a new measurement tool for structured credit launched by RiskMetrics Group. Risk management unit co-head Gregg Berman cited the new structured credit product as a response to growing demand, particularly from hedge funds, for a tool to accurately measure risk for synthetic collateralized debt obligations (CDO) in contrast to asset-backed CDOs. The new tool allows clients to measure risk for CDOs based on individual companies as well as the iTraxx and CDX indexes.
ACCESSION #
27937120

 

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