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

Avoided Emissions: Why it matters to investors to account for what does not exist
by Olivier Eugène 10 October 2024 (7 min read)
Investment Institute

Euro credit market update
by Boutaina Deixonne 08 October 2024 (3 min read)
Investment Institute

Gilles Moec Macrocast: Best Laid Plans Go Awry
by Gilles Moëc 07 October 2024 (10 min read)
Investment Institute

Take Two: Eurozone inflation falls below target; stocks enjoy strong end to September
by AXA Investment Managers 07 October 2024 (3 min read)
Investment Institute

ECB update: Cautiously surfing the dovish wave
by François Cabau, Hugo Le Damany 07 October 2024 (3 min read)
Investment Institute
