Shayne McGuire is a Managing Director and Head of Global Research at Teacher Retirement System of Texas, one of the world's largest pension funds. He also manages the GBI Gold Fund. Prior to holding these positions, Mr. McGuire managed a $2 billion European stock portfolio and was ranked among the best Latin American analysts by Institutional Investor in the late 1990s. In addition to launching the first dedicated gold fund within the U.S. pension system, he has written three books on precious investing, including "Hard Money: Taking Gold to a Higher Investment Level" (Wiley, 2010). In October 2010, McGuire was profiled in the Wall Street Journal. Mr. McGuire graduated from Fordham University and holds a master's in history and an MBA from the University of Texas at Austin.