Hedge fund in the context of "Block trade"

A financial centre (financial center in American English) or financial hub is a location with a significant concentration of commerce in financial services.

The commercial activity that takes place in a financial centre may include banking, asset management, insurance, and provision of financial markets, with venues and supporting services for these activities. Participants can include financial intermediaries (such as banks and brokers), institutional investors (such as investment managers, pension funds, insurers, and hedge funds), and issuers (such as companies and governments). Trading activity often takes place on venues such as exchanges and involves clearing houses, although many transactions take place over-the-counter (OTC), directly between participants. Financial centres usually host companies that offer a wide range of financial services, for example relating to mergers and acquisitions, public offerings, or corporate actions; or which participate in other areas of finance, such as private equity, private debt, hedge funds, and reinsurance. Ancillary financial services include rating agencies, as well as provision of related professional services, particularly legal advice and accounting services.

A pension fund, also known as a superannuation fund in some countries, is any program, fund, or scheme which provides retirement income. The U.S. Government's Social Security Trust Fund, which oversees $2.57 trillion in assets, is the world's largest public pension fund. Pension funds typically have large amounts of money to invest and are the major investors in listed and private companies. They are especially important to the stock market where large institutional investors dominate. The largest 300 pension funds collectively hold about USD$6 trillion in assets. In 2012, PricewaterhouseCoopers estimated that pension funds worldwide hold over $33.9 trillion in assets (and were expected to grow to more than $56 trillion by 2020), the largest for any category of institutional investor ahead of mutual funds, insurance companies, currency reserves, sovereign wealth funds, hedge funds, or private equity.

Financial contagion refers to "the spread of market disturbances—mostly on the downside—from one country to the other, a process observed through co-movements in exchange rates, stock prices, sovereign spreads, and capital flows". Financial contagion can be a potential risk for countries who are trying to integrate their financial system with international financial markets and institutions. It helps explain an economic crisis extending across neighboring countries, or even regions.

Financial contagion happens at both the international level and the domestic level. At the domestic level, usually the failure of a domestic bank or financial intermediary triggers transmission when it defaults on interbank liabilities and sells assets in a fire sale, thereby undermining confidence in similar banks.An example of this phenomenon is the subsequent turmoil in the United States financial markets. International financial contagion, which happens in both advanced economies and developing economies, is the transmission of financial crisis across financial markets for direct or indirect economies. However, under today's financial system, with the large volume of cash flow, such as hedge fund and cross-regional operation of large banks, financial contagion usually happens simultaneously both among domestic institutions and across countries. The cause of financial contagion usually is beyond the explanation of real economy, such as the bilateral trade volume.

The Gold Coast, also known as Lower Fairfield County or Southwestern Connecticut, refers to an affluent part of Western Connecticut that includes the entire southern portion of Fairfield County as defined by the U.S. Census Bureau, Super-Public Use Microdata Area (Super-PUMA) Region 09600. The area is about 50 miles (80 km) northeast of New York City, and is home to many wealthy Manhattan business executives. Parts of the region are served by the Western Connecticut Council of Governments.

The Gold Coast of Connecticut is often portrayed in culture as a bastion of wealth. Since the mid-20th century, a number of novels and films have been set here, including Gentleman's Agreement, The Man in the Gray Flannel Suit, Revolutionary Road, Mr. Blandings Builds His Dream House, The Swimmer, The Stepford Wives, and The Ice Storm. The Showtime drama series Billions highlights the area's prominence as a haven for hedge funds and other financial services firms.

The Goldman Sachs Group, Inc. (/sæks/ SAKS) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international financial centers. Goldman Sachs is the largest investment bank in the world by revenue and is ranked 55th on the Fortune 500 list of the largest United States corporations by total revenue. In the Forbes Global 2000 of 2024, Goldman Sachs ranked 23rd. It is considered a systemically important financial institution by the Financial Stability Board.

Goldman Sachs offers services in investment banking (advisory for mergers and acquisitions and restructuring), securities underwriting, prime brokerage, asset management, and wealth management. It is a market maker for many types of financial products and provides clearing and custodian bank services. It operates private-equity funds and hedge funds. It structures complex and tailor-made financial products. It also owns Goldman Sachs Bank USA, a direct bank. It trades both on behalf of its clients (flow trading) and for its own account (proprietary trading). The company invests in and arranges financing for startups, and in many cases gets additional business as bookrunner when the companies launch initial public offerings.

Rishi Sunak (born 12 May 1980) is a British politician and former investment banker who served as Prime Minister of the United Kingdom and Leader of the Conservative Party from 2022 to 2024. Following his defeat to Keir Starmer's Labour Party in the 2024 general election, he became Leader of the Opposition, serving in this role from July to November 2024. He previously held two Cabinet positions under Boris Johnson, latterly as Chancellor of the Exchequer from 2020 to 2022. Sunak has been Member of Parliament (MP) for Richmond and Northallerton, previously Richmond (Yorks), since 2015.

Sunak was born in Southampton to parents of Indian descent who immigrated to Britain from East Africa in the 1960s. He was educated at Winchester College, studied philosophy, politics and economics at Lincoln College, Oxford, and earned a Master of Business Administration from Stanford University in California as a Fulbright Scholar. During his time at Oxford University, Sunak joined the Conservatives. After graduating, Sunak worked for Goldman Sachs and later as a partner at two hedge fund firms. Sunak was elected to the House of Commons at the 2015 general election. As a backbencher, Sunak supported the successful campaign for Brexit in the 2016 European Union membership referendum. Sunak was appointed to the junior ministerial position of Parliamentary Under-Secretary of State for Local Government by Theresa May in 2018, and was appointed to the cabinet-attending role of Chief Secretary to the Treasury by Johnson in 2019.

Cruise/Wagner Productions, also abbreviated as C/W Productions, was an American independent film production company. It was founded by actor Tom Cruise and his agent Paula Wagner in July 1992. Wagner had been representing Cruise for eleven years before the formation of C/W Productions. The company has grossed more than $2.9 billion in box office proceeds since its inception.

Cruise/Wagner Productions was formed to give Cruise more creative freedom over his film projects and to give him the opportunity to produce and direct motion pictures. In October 1992, Cruise/Wagner Productions signed an exclusive three-year multi-picture financing and distribution deal with Paramount Pictures. The deal was renewed and expanded several times over the next fourteen years. In August 2006 Sumner Redstone, chairman of Viacom (parent company of Paramount Pictures) terminated that relationship citing Cruise's comments in the media about psychiatry, anti-depressants and Brooke Shields' handling of postpartum depression, and his taking up Scientology. However, the termination may have been more about money than anything else. Within a week, Daniel Snyder, owner of the Washington Redskins and two hedge funds, secured financial backing to buy the company.