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

Multi-Asset Investments Views: Out of Breath for Lack of Breadth
by Laurent Clavel 28 June 2024 (7 min read)
Investment Institute

Rising prices, higher coupons
by Chris Iggo 28 June 2024 (5 min read)
Investment Institute

June Monthly Investment Strategy - The times they are a-changin’
by David Page, Hugo Le Damany, and others 26 June 2024 (10 min read)
Investment Institute

The critical role of earnings surprise in equity markets and factor investing
by Ramkumar Rasaratnam 25 June 2024 (10 min read)

Take Two: BoE holds interest rates as inflation falls to target; Japan exports rise
by AXA Investment Managers 24 June 2024 (3 min read)
Investment Institute
