SPGI · News · 20260805N

Products and Technology

S&P Global Inc. · 2026-08-05 · Importance 23 · Surprise 24

S&P Global’s activist defense surveillance group uses proprietary datasets and surveillance models to identify activist equity and derivatives accumulations before public disclosure. The group tracks instruments including total return swaps, which can be used by activists such as Elliott Management to limit visibility of positions. Its analysis also addresses the strategic role of derivatives and changes in swap-disclosure practices.

Key facts

• S&P Global reported Spain's Business Activity Index for services rose to 58.3 in July. source
• S&P Global reported Kazakhstan's services PMI increased to 54.1 in July, up from 53.5 in June. source