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

Technology sector volatility: Investors spooked by China’s AI startup
by Chris Iggo, Matthew Ward, and others 30 January 2025 (7 min read)
Investment Institute

January Op-ed - Macro Roller Coaster
by Chris Iggo, Gilles Moëc 29 January 2025 (7 min read)
Investment Institute

January Global Macro Monthly - A new Golden age
by David Page, François Cabau, and others 29 January 2025 (10 min read)
Investment Institute

The Route to Euro Credit Opportunities
by AXA Investment Managers 29 January 2025 (3 min read)
Investment Institute

Multi Asset Views January 2025
by Laurent Clavel 28 January 2025 (3 min read)
Investment Institute

Five things to consider for Fixed income in 2025
by Bruno Bamberger 28 January 2025 (5 min read)
Investment Institute
