Scott Bessent is preparing for 'The Great Divergence'

The US-based Duke University psychology and behavioural economics professor won't publicly reveal the Fortune 500 companies he advises, but is reportedly often called upon by high-profile business executives for his insights.

Leading fund managers have gathered in Melbourne's Hamer Hall for the third Australian Sohn Hearts and Minds investment leaders conference.

It took nearly 10 years for Tribeca Investment Partners to regain its independence. But since buying back the firm in August the founders have wasted no time. A $250 million listed investment company focused on resources was raised in October and there are now plans for a new international fund focused on the rise of the Asian ­consumer.

When Kok Hoi Wong analyses a stock, he's not just concerned with next year's earnings. The APS Asset Management chief investment officer frequently finds himself playing detective and fact-checking by doing his own sleuthing.

Hold your nerve. The trends of software infiltrating every industry, and every company becoming a tech company - are only just beginning. That is the message top fund managers have for investors this, as big name tech stocks tumbled amid a broader market rout.

A gap year three years into his medical career at Melbourne’s St Vincent’s Hospital arguably laid the foundation for Brian McNamee to lead Australia’s most successful biopharmaceutical company, CSL.

Two potential private equity deals worth $4.6 billion do not yet spell the start of a new takeover boom, but there are at least signs that at last Australia is joining the offshore deal trend.

When Leah Zell, one of the world's most highly regarded international small cap investors, took the stage at the Sohn Hearts and Minds conference in Sydney two years ago, she memorably presented a Turkish supermarket, BIM, as one of the best ideas in her universe.

Enterprise software companies such as Australian trailblazer Atlassian will increasing replace consumer-focused technology firms as the hottest tech stocks of the future, according to a leading New York fund manager.

It may be one of the fastest boutique fund management builds seen in Australia. Long-short manager Firetrail Investments announced this week that it is already profitable, just over six months since opening its doors. And by the close of the September quarter next week it expects to announce the funds under management have “comfortably passed” $2 billion.

Financier and philanthropist Michael Milken says investors are "dramatically underestimating the risks" of putting their money into investment grade bonds.

Star American philanthropist Michael Milken has urged Australians not to fear the rise of Amazon but be inspired by the unprecedented ability to view everyone in the world as a potential customer because of the digital technology revolution.

It is 17,000km from Wall Street to Melbourne’s Flemington Road but it didn’t stop billionaire financier and philanthropist Michael Milken yesterday declaring the tyranny of distance dead.

Billionaire philanthropist Mike Milken has played down the threat posed by trade tensions sparked by United States President Donald Trump, and warned that global tech giants will eventually be regulated.

Philanthropist Michael Milken has urged governments not to consider a universal basic income as a solution to the automation of the workforce, but to focus on subsidised housing, education, healthcare and childcare.

Michael Milken has been described as man who has played an “outsized role” in American life. Yet even this seems an understatement for the 72-year-old Wall Street financier-turned-­philan­thropist.

The rapid rise of personalised medicine and associated better pricing for health insurance cover flowing from cutting-edge technologies such as genomics will provide exciting new investment opportunities, according to one of the ­nation’s top global equities managers.

One of Australia's most successful fund managers, Peter Cooper, first tried meditation about 30 years ago when he was incredibly stressed out. He picked up a book, sat in a room and tried to focus.

Speedcast International affirmed guidance of $US155 million only last May. But announcing its half-year results on Tuesday, that guidance fell by at least $US10 million, sending its shares crashing 37.4 per cent.

Riding the technology wave as an investment strategy can be a highly effective way to avoid the buffeting winds of uncertainties such as trade policy, says Regal Funds Management's Philip King.

The Australian public will get the opportunity to bankroll the best investment ideas from leading local and international fund managers while supporting medical research, in a new $100 million listed investment company.

Sydney's most illustrious hedge funds – Caledonia, Regal and VGI Partners – have topped the charts with the best-performing stock picks at the 2017 Sohn Hearts and Minds charity conference.

Geopolitical tension, soaring debt and the withdrawal of support by central banks are top of mind issues for investors, according to high profile businessman and director Gary Weiss.

Star American philanthropist Michael Milken will make his first visit to Australia in almost a decade next month as part of a fresh push by the leaders of the annual Sohn Hearts & Minds investment conference to increase corporate support for medical research.

Mr Milken, the man credited with pioneering the high-yield bond market in the 1980s will speak at two events held in Sydney and Melbourne in September as a curtain raiser to the Sohn Hearts & Minds Investment Leaders conference.

James Daggar-Nickson interviews Scott Bessent following his keynote at the 2018 Sohn Hearts & Minds Conference.