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: US GDP maintains pace in Q2; Eurozone inflation falls sharply
by AXA Investment Managers 02 October 2023 (3 min read)
Investment Institute

Déjà Vu
by Chris Iggo 29 September 2023 (5 min read)
Investment Institute

The last visit to Table Mountain
by Chris Iggo 29 September 2023 (10 min read)
Investment Institute

Poles to the polls at a crossroad
by Irina Topa-Serry 28 September 2023 (7 min read)
Investment Institute

September Global Macro Monthly - Where we are in the cycle – and the supercycle
by AXA IM Investment Institute 27 September 2023 (10 min read)
