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

Curlow's convictions: 2024 shaping up to be a good vintage
by Justin Curlow 19 February 2024 (5 min read)

Pesky Data
by Gilles Moëc 19 February 2024 (10 min read)
Investment Institute

Home and away
by Chris Iggo 16 February 2024 (7 min read)
Investment Institute

Take Two: OECD raises global growth forecast; S&P 500 hits 5,000
by AXA Investment Managers 12 February 2024 (3 min read)

Zoom on the Boom
by Gilles Moëc 12 February 2024 (10 min read)
Investment Institute

Sustainability in 2024: From net zero to a more holistic approach
by Virginie Derue 09 February 2024 (10 min read)
Investment Institute
