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In turn, asset managers and other investors have been piling in.
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As time passes, there may be no choice but to turn assets into cash.
EBay, he responded, is "a place where you can turn assets into cash in 7 to 14 days".
The plan would require investors to pay 1 percent of their investments if the fund's ability to turn assets quickly into cash suddenly decreased.
Civil liberties advocates argue that perverse incentives and lax safeguards have turned asset forfeiture a tool originally aimed to combat drug trafficking into a form of state-sanctioned robbery.
One of the fall's biggest hits roared back from its holiday break to prove it's not all about seeing James Spader's Red, former rogue operative turned asset, drop clues, bon mots and bad guys.
Although Cusatis et al. (1993) support portfolio restructuring's positive effects by finding positive and abnormal returns, Winn (1997) states that strategic asset reduction does not turn around asset productivity, as highly distressed firms often sell off their most lucrative and often strategically important assets below value to increase cash (Andrade and Kaplan 1998; Campello et al. 2010).
"Now our job is to turn that asset value into income statement value," he says.
We update our earnings per share estimates (+5% for 2017, -1% for 2018 and -2% for 2019) and reduce our target price to 820p (from 825p) due to small differences in out-turn asset base valuations in our model update.
They are honing measures of manufacturing efficiencysuch as inventory turns, asset intensity and demand-flow technologyto a science.
One option is to turn their assets over more quickly.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com