Meet David

David Norris

Head of US Credit Twenty Four Asset Management

36 years investment experience

David joined TwentyFour Asset Management (TwentyFour) in September 2018 and was made partner in January 2022. Based in the New York office, he is the Head of US Credit and a portfolio manager in the Multi-Sector Bond (MSB) team.

David has accrued 36 years of experience in fixed income markets and, prior to joining TwentyFour, held a variety of senior roles in asset management and investment banking in London, Frankfurt and New York. He has held leadership positions in high yield, credit derivatives, structured products and global credit trading at Credit Agricole, BNP Paribas, Greenwich Capital and UBS.

Once a member of the infamous New York Cosmos soccer team, David has degrees in business at the University of British Columbia, Vancouver and law from the University of Reading in the UK.

Insights

Shop till you drop? What the holiday season tells us about consumer health

TwentyFour Blog | Read | 4 min 29 Nov 2023

Shop till you drop? What the holiday season tells us about US consumer health

As we dive into the festive season, recent retail sales hint at a mixed bag for US retailers. In his latest blog, David Norris tells us what it all means for the health of the consumer and guides us through the latest events.

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Upcoming US earnings season sheds light on the health of corporate America

TwentyFour Blog | Read | 3 min 26 Jul 2022

Upcoming US earnings season sheds light on the health of corporate America

With earnings season entering full swing, David Norris highlights some indicators to look out for when assessing the current state of the US economy and the resulting actions expected from the Fed.

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Has inflation peaked? Ask the housing market.

TwentyFour Blog | Read | 4 min 6 Jun 2022

Has inflation peaked? Ask the housing market.

Given inflation has been running hot for more than a year now, it was no surprise to see the recent dip in US data greeted with a muted sigh of relief across the markets.

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FOMC: Central bankers face conundrum on inflation and growth

TwentyFour Blog | Read | 2 min 16 Mar 2022

FOMC: Central bankers face conundrum on inflation and growth

The much-anticipated March FOMC meeting is finally upon us, and given there was no meeting in February investors will be very glad of this window into the Fed’s thinking, particularly given the ongoing and far-reaching economic ramifications of Russia’s invasion of Ukraine.

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Yields soften blow of Powell’s hard words Teaser

TwentyFour Blog | Read | 3 min 27 Jan 2022

Yields soften blow of Powell’s hard words

Powell’s hard line may have surprised investors, particularly in light of recent market volatility and increasing geopolitical risk in Eastern Europe, but the Fed’s fear of prolonged higher inflation looks to be trumping those concerns.

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FOMC: Hard to shake sense the Fed is behind the curve

TwentyFour Blog | Read | 3 min 14 Dec 2021

FOMC: Hard to shake sense the Fed is behind the curve

Jerome Powell’s recent testimony to the Senate Banking Committee, in which he said the Fed would discuss a faster taper of its asset purchases at December’s FOMC meeting, has led to intense speculation that we could see a move this week.

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