Horacia Naidoo-McCarthy

Horacia joined Allan Gray in 2017 and is a manager in the Institutional Clients team. She holds a Bachelor of Science (Honours) and a Master of Science in Genetics, both from the University of KwaZulu-Natal, as well as a Doctor of Philosophy in Human Genetics from the University of Cape Town.

Articles by Horacia Naidoo-McCarthy

Gold in the age of fiscal dominance

By Horacia Naidoo-McCarthy on 15 Sep 2025

Listening time: 54 mins

With government debt levels at historic highs and inflationary pressures lingering, fiscal dominance is reshaping the global monetary landscape. Central bank...

Are global investors dependent on great expectations?

By Horacia Naidoo-McCarthy on 06 Jun 2025

Listening time: 52 mins

Global investors have been on a rollercoaster ride in the wake of President Trump’s announcement of an array of reciprocal tariffs which rocked global stock...

Navigating South Africa’s post-election economy

By Horacia Naidoo-McCarthy and Sandy McGregor on 29 Jan 2025

Viewing time: 48 mins

Sentiment around South Africa’s prospects improved significantly in 2024, but there are still numerous, complex, structural challenges weighing on the countr...

Beyond our borders: A case for investing offshore

By Horacia Naidoo-McCarthy on 02 May 2024

Reading time: 13 mins

Investing offshore should always form part of your long-term diversification strategy. South Africa comprises about 0.3% of the world’s market capitalisation...

What price are we paying for the Russia-Ukraine conflict?

By Horacia Naidoo-McCarthy on 11 Apr 2022

Reading time: 6 mins

As investors brace themselves for the impact of higher prices on their portfolios, Horacia Naidoo-McCarthy discusses how the prevailing environment may impac...