The conventional methods of managing credit risk, such as diversification, bank loan sales, and asset securitisation, offer only a partial solution to controlling credit risk exposure.

传统的信用风险管理办法，例如分散化，银行贷款出售和资产证券化，只提供了控制信用风险暴露的部分办法。

youdao

New lessons have been learned in the past few months about diversification and the management of credit risk.

ECONOMIST: The limits to removing banks' conflicts of interest

Gold, said the WGC, offers portfolio diversification since it lacks the credit and counterparty risk of other investments.

FORBES: WGC's Artigas: Gold Remains 'Under-Owned' Asset In Portfolios