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: Eurozone returns to growth; US credit rating downgraded
by AXA IM Investment Institute 07 August 2023 (3 min read)
Investment Institute

It’s raining again
by Chris Iggo 04 August 2023 (5 min read)
Investment Institute

Four critical elements for asset managers to meet the biodiversity challenge
by Chris Iggo 01 August 2023 (7 min read)
Investment Institute

Eurozone public debt sustainability: Make hay while the sun shines
by François Cabau 31 July 2023 (5 min read)
Investment Institute

Take Two: Fed and ECB raise rates; IMF lifts global growth forecast
by AXA IM Investment Institute 31 July 2023 (3 min read)
Investment Institute

If it’s not a skip, it’s probably a peak
by Gilles Moëc 31 July 2023 (5 min read)
Investment Institute
