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

March Global Macro Monthly - Faith in the system
by AXA IM Investment Institute 29 March 2023 (10 min read)
Investment Institute

Pulling the Liquidity Thread
by Gilles Moëc 27 March 2023 (5 min read)
Investment Institute

Take Two: Fed raises rates and signals one further hike, ECB says outlook blurred by banking woes
by AXA IM Investment Institute 27 March 2023 (3 min read)
Investment Institute

How it ends
by Chris Iggo 24 March 2023 (5 min read)
Investment Institute

What the banking sector turmoil means for tech, monetary policy and investors
by AXA Investment Managers 21 March 2023 (5 min read)
Investment Institute
