"A low correlation means you are spreading your chips across the table and you don't want that."

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

"A low correlation means you are spreading your chips across the table and you don't want that."

--Richard Hrvatin, managing director and head of credit risk modeling at Fitch Ratings, explaining why correlation risk is important for CDO investors.

"A low correlation means you are spreading your chips across the table and you don't want that." --Richard Hrvatin, managing director and head of credit risk modeling at Fitch Ratings, explaining why correlation risk is important for CDO investors.

Related articles

Gift this article