It happens in new Xcode7 beta:
CompileAssetCatalog /Users/admin/Library/Developer/Xcode/DerivedData/InstaAd-ddgdnbxlpxipirebpndfmgrxspel/Build/Products/Debug-iph
After all the suggestions also I couldn't get rid of this issue. I was getting this issue after my OS was updated.
It worked for me when I started removing xcode caches.
Specifically removing
~/Library/Caches/com.apple.dt.Xcode
~/Library/Caches/com.apple.dt.Xcode.ITunesSoftwareService
~/Library/Caches/com.apple.dt.Xcode.sourcecontrol.Git
I had to though remove and add needed simulators