AIC Warns of Saba 'Threat': Government Urged to Act Amid Activist Offer to Exit EWI

The African Investment Council (AIC) has urged the government to address the threat of Saba Capital, an activist investor targeting Emerging Markets Investment Management. The AIC believes Saba's actions could destabilize the market and impact investor confidence. Meanwhile, an activist investor has offered Emerging Winds a possible exit option. The AIC is urging the government to intervene and address the situation.