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

China reaction: Stability in CPI, easing in PPI, contrast in demand
by Yingrui Wang 12 June 2024 (3 min read)
Investment Institute

US reaction: CPI notches 2nd confidence builder
by David Page 12 June 2024 (3 min read)
Investment Institute

UK reaction: Tentative signs things are moving in the right direction
by Gabriella Dickens 11 June 2024 (3 min read)
Investment Institute

India’s economy: A compelling growth and investment story but challenges remain
by Danny Richards 11 June 2024 (10 min read)
Investment Institute

Robotech Stories: Artificial intelligence gets real
by AXA IM Investment Institute 10 June 2024 (5 min read)
Investment Institute

Take Two: European Central Bank and Bank of Canada cut interest rates
by AXA Investment Managers 10 June 2024 (3 min read)
Investment Institute
