Economics provides a way of seeing how society fits together - and by testing economic theory against real outcomes, our research can provide real value for investors.
The Macro Research team provides global forecasts and analysis of macroeconomic and market developments across the world. He joined AXA IM in 2014 as a Senior Economist in the Research and Investment Strategy team, providing macroeconomic and market analysis, chiefly on the US and UK economies.
Prior to AXA IM, David spent four years with Lloyds Banking Group where he worked as the primary fixed income macroeconomist, with a specific emphasis on the UK. Before that, he spent 10 years with Investec, working most recently in the Securities team providing macroeconomic advice for the Group, specialising in UK and European affairs.
David initially joined Investec in the Treasury and Specialised Finance area, supporting interest rate trading activities. He started his career in the Government Economic Service in 1996, working in the Office of Electricity Regulation and subsequently for the Debt Management Office. David holds a Master’s degree in Economics from the University of Warwick and a Bachelor’s degree in Economics from the University of York.
Read more from David

US debt ceiling impasse: Unnecessary and unavoidable
by David Page 03 May 2023 (5 min read)
Investment Institute

Take Two: US economic growth slows, Bank of Japan announces policy review
by AXA IM Investment Institute 02 May 2023 (3 min read)
Investment Institute

A Feast of Data
by Gilles Moëc 02 May 2023 (5 min read)
Investment Institute

Living in a nominal world
by Chris Iggo 28 April 2023 (3 min read)
Investment Institute

April Global Macro Monthly - Central banks gauge lagged effects
by AXA IM Investment Institute 26 April 2023 (7 min read)
Investment Institute

April Op-Ed - Patchy disinflation will trigger policy divergence
by Gilles Moëc, Gregory Venizelos 26 April 2023 (5 min read)
Investment Institute
