Joe Tsai Co-founder & Chair of Alibaba | In Good Company | Norges Bank Investment Management

Norges Bank Investment Management April 3, 2024
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Norges Bank Investment Management

@norgesbankinvestmentmanagement

About

Norges Bank Investment Management manages the Norwegian Government Pension Fund Global, often referred to as the Oljefondet, NBIM or Statens Pensjonsfond Utland (SPU). The aim of the fund is to ensure responsible and long-term management of revenue from Norway’s oil and gas resources so that this wealth benefits both current and future generations of Norway. Our objective as manager of the fund is to generate the highest possible return on the fund. We aim to achieve this in a safe, efficient, responsible and transparent manner, and within government guidelines. We have offices in Oslo, London, New York and Singapore. Our global presence brings us closer to the markets we invest in and ensures stronger links with partners in different parts of the world.

Video Description

Alibaba co-founder & Chair: China, Jack Ma, AI and basketball Joe Tsai is chair and co-founder of Alibaba, one of the world’s largest companies with over a billion consumers. Joe shares unique insight in the Chinese economy and consumer, how he met Jack Ma, and how far behind China is from the US when it comes to AI development. Joe is also a huge sports fan and owns the NBA basketball team Brooklyn Nets. We own almost 2% of the company, and it's one of our largest holdings in Asia. So, a lot to talk about, tune in! The podcast In Good Company is part of Norges Bank Investment Management , a podcast about our investments. We are transparent about how the fund is invested. In this podcast, you to get a deeper insight into the companies the fund is invested in. We own about 2% of Alibaba. Our CEO, Nicolai Tangen, has in-depth interviews with the leaders of some of the largest companies in the world. You will get insight into their leadership principles, the company’s strategy and how they are dealing with a large investor like us. You will also learn more about our role as an owner of the companies. You can read more about the podcast on https://www.nbim.no/en/publications/podcast/ #JoeTsai #Alibaba #podcast #ingoodcompany #oljefondet #norgesbankinvestmentmanagement

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