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

As tech shapes the future of flight, here’s how investors can get on board
by AXA Investment Managers 18 March 2024 (7 min read)
Investment Institute

Take Two: US inflation rises; Japan avoids recession as Q4 GDP revised up
by AXA Investment Managers 18 March 2024 (3 min read)

Don’t give up on us baby!
by Chris Iggo 15 March 2024 (7 min read)
Investment Institute

Remember “Trumpnomics”?
by Gilles Moëc 11 March 2024 (10 min read)
Investment Institute

Take Two: ECB “not sufficiently confident” to start cutting rates yet; China sets 2024 growth target
by AXA Investment Managers 11 March 2024 (3 min read)

USA Inc. is rich (and rewarding)
by Chris Iggo 08 March 2024 (5 min read)
Investment Institute
