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

Take Two: Attack on Israel sends oil prices higher; IMF lifts global inflation forecast
by AXA Investment Managers 16 October 2023 (3 min read)

Cybersecurity: A potentially vast investment opportunity as technology evolves
by Jeremy Gleeson 16 October 2023 (5 min read)
Investment Institute

Strike Price
by Gilles Moëc 16 October 2023 (7 min read)
Investment Institute

Year of the bond (delayed not cancelled)
by Chris Iggo 13 October 2023 (5 min read)
Investment Institute

Israel conflict: What investors need to know
by AXA Investment Managers 10 October 2023 (7 min read)
Investment Institute

Take Two: World Bank cuts China forecast; bond yields rise on interest rate concerns
by AXA Investment Managers 09 October 2023 (3 min read)
Investment Institute
