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

No Early Christmas Break for Central Bankers
by Gilles Moëc 11 December 2023 (10 min read)
Investment Institute

I wasn’t totally wrong about 2023 being the year of the bond
by Chris Iggo 08 December 2023 (3 min read)
Investment Institute

Insurance investment outlook 2024: Catching opportunities across the risk spectrum
by Arnaud Lebreton, Amaury Boyenval 06 December 2023 (10 min read)
Investment Institute

Beware the merchants of doom
by Nigel Topping 06 December 2023 (5 min read)
Investment Institute

Pensions investment outlook 2024: Mining for opportunities amid easing growth
by Martin Sanders 06 December 2023 (7 min read)
Investment Institute

Vox Populi
by Gilles Moëc 04 December 2023 (7 min read)
Investment Institute
