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That task is not primarily about boosting returns.
It is true that global capital flows make it easier to support oldies by boosting returns to pension funds.
In August the company called a halt to takeovers in favour of boosting returns to shareholders from its existing businesses, and raised its dividend by 5%.
For years they have been made deliberately opaque: funds' "smoothing" operation putting aside money in good years for boosting returns in years when markets turn down sharply relies on keeping policyholders guessing about profit, or loss, allocations.
But none did.Cheap and liquid financing has enabled companies to make more efficient use of their balance sheets, potentially boosting returns to shareholders and allowing managers to concentrate on profits and cashflow.
Some creditors have objected to the plan and others are unhappy that A&M is ploughing some of the funds it recovers back into Lehman's commercial-property and other holdings in the hope of boosting returns.
Similar(51)
In some instances, recouped deal fees appear to boost returns, increasing their own compensation.
Because hedge funds often borrow to boost returns, this may understate their influence.
So betting borrowed money ought, in theory, to boost returns, to the benefit of equity investors.
A steep drop in interest rates boosted returns from bonds and also helped buoy stock prices.
Rising rents have also boosted returns in recent years, to the consternation of the campaign group Generation Rent.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com