"Because of these attractive yields and the lack of other options out there to get a decent return, this asset class has taken in a huge chunk of money recently," said Sandy R. Rufenacht, manager of the Janus High-Yield fund in Denver.
Certainly, an incentive to manage risk well is a good thing; banks would not then be in such a rush to dump decent assets.
"There is a lot of uncertainty, but long term, it probably has some decent assets".
Not only do buyers need to make a decent return on asset purchases but they also have to pay interest to the banks.
I had amassed, through savings and investing (and by being cheap some would say), a decent sum of assets along with, most importantly, zero debt.
It's a decent multiple for an asset facing an uglier future in the form of intensifying competition".
Indeed, investors' calculations of future profits were probably based on the company's ability to earn a decent return on such assets.
In other words, it is invested by fund managers who cannot get a decent return on other assets, especially corporate and government bonds.
Some hedge fund and mutual fund managers, anticipating big redemption requests from clients, may also have seen last week's rally as a good signal to sell assets at a decent price.
It is hard to sell assets at a decent price in this environment, so why don't they just spin off companies - e.g., quickly create five companies in which each original shareholder gets a commensurate stake?
You're not sure what constitutes a decent interval between "much revered national asset" and "unfairly undervalued".
