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

Outlook 2025: Highlights and investment implications
by David Page, Chris Iggo 04 December 2024 (5 min read)
Investment Institute

Japan Outlook – Further hikes on the cards in 2025, but 2026 will mark the end
by Gabriella Dickens 04 December 2024 (5 min read)
Investment Institute

Trumponomics to provide new twists in 2025
by Olivier Blanchard 04 December 2024 (5 min read)
Investment Institute

Why the backlash? Sustainable investing is simply better investing
by Hans Stoter 02 December 2024 (7 min read)
Investment Institute

Take Two: Fed likely to cut rates gradually; Eurozone inflation rises
by AXA Investment Managers 02 December 2024 (3 min read)
Investment Institute

Multi-Asset Investments Views: Guess Who’s Back?
by Laurent Clavel 02 December 2024 (5 min read)
Investment Institute
