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

May Op-Ed - Peak in sight… but it’s a twin peak
by Gilles Moëc, Chris Iggo 24 May 2023 (5 min read)
Investment Institute

May Global Macro Monthly - Summertime ... and the (debt) ceiling is nearing
by AXA IM Investment Institute 24 May 2023 (7 min read)
Investment Institute

Fiscal Woes
by Gilles Moëc 22 May 2023 (5 min read)
Investment Institute

Take Two: Eurozone growth forecast revised up, Japan GDP beats expectations
by AXA IM Investment Institute 22 May 2023 (3 min read)
Investment Institute

Better tech than oil
by Chris Iggo 19 May 2023 (5 min read)
Investment Institute

Take Two: Inflation eases in US and China, UK hikes rates again
by AXA IM Investment Institute 15 May 2023 (3 min read)
Investment Institute
