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

Understanding and responding to the human cost of the green energy transition
by Virginie Derue 12 July 2023 (15 min read)
Investment Institute

An accounting ‘big bang’? The implications for insurance investors from IFRS 9 and 17
by Arnaud Lebreton 11 July 2023 (7 min read)
Investment Institute

How pension schemes should view stagflation risks
by Martin Sanders 11 July 2023 (7 min read)
Investment Institute

Leaky Pipes
by Gilles Moëc 10 July 2023 (5 min read)
Investment Institute

Take Two: Fed minutes indicate slower pace of rate rises, Eurozone factory activity contracts
by AXA IM Investment Institute 10 July 2023 (3 min read)
Investment Institute

Uncertain travels
by Chris Iggo 07 July 2023 (3 min read)
Investment Institute
