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

Challenger banks explained: A new breed of banking
by Vincent Vinatier 03 July 2019 (5 min read)
Investment Institute

Gender diversity: How companies ‘can walk the talk’
by AXA Investment Managers 02 July 2019 (7 min read)

AXA Investment Managers appoints Christophe Herpet as Global Head of AXA Fixed Income and Buy & Maintain
by AXA Investment Managers 27 June 2019 (3 min read)

Lower rates, no recession
by Chris Iggo 21 June 2019 (7 min read)
Investment Institute

AXA Investment Managers calls for new “transition bonds” to help companies go green
by AXA Investment Managers 11 June 2019 (3 min read)
