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

Green growth, degrowth or a-growth: What’s behind the new models proposed for sustainable economies?
by Chris Iggo 01 February 2023 (7 min read)
Investment Institute

What factor investing can tell us about 2022 and what’s in store for 2023
by Alec Harper 31 January 2023 (7 min read)

Take Two: US Q4 GDP tops expectations; UN predicts slower global growth in 2023
by AXA IM Investment Institute 30 January 2023 (3 min read)
Investment Institute

Revisiting the 1994 miracle
by Gilles Moëc 30 January 2023 (5 min read)
Investment Institute

2023 emerging market elections: The who’s who and the so what…
by AXA IM Investment Institute 27 January 2023 (7 min read)
Investment Institute

Global factor views: Improved stock-picking conditions and ‘Quality’ appears in favour
by Jonathan White, Gregory Venizelos 26 January 2023 (7 min read)
