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

UK dividends will have fully recovered by 2022
by AXA Investment Managers 25 August 2020 (3 min read)

H1 2020 active ownership and stewardship report
by Yo Takatsuki, Irfan Patel 29 July 2020 (7 min read)

2020 Proxy Voting Season Review: Beyond ‘business as usual’
by Irfan Patel, Antoine Najm 29 July 2020 (3 min read)

COVID-19: Health systems response, role of data and AI and mental health effects
by AXA Investment Managers 22 July 2020 (5 min read)
