has once again filled its executive suites after slimming down to a skeleton crew nearly a year. Last Spring the fund firm was operating with a minimal staff after suffering a meltdown in its asset base and fund performance. Part of the firm's shift has been to rely on subadvisors for fund management and to rebuild its operating team.
To rebuild the firm, Lindner Asset Management's board has put together a new team of executives charged with rebuilding the performance of the $500 million family. The new team members are: Al Pisterzi
, chief operating officer, Christopher Schwartz
, chief investment advisor, and Robert Miller
, chief administration officer.
Al, Chris and Bob are committed to providing outstanding service to Lindner shareholders and the investment community. As a team, Lindner is focused on providing superior fund performance through the implementation of the 'manager-of managers' investment management structure and the on-going review and monitoring of that approach. With Al, Chris and Bob's combined leadership skills and commitment to revitalizing the Lindner Family of Funds, I am confident we will meet our objectives of achieving superior fund performance and shareholder service," said Doug T. Valassis
, chairman and chief executive officer of Lindner Asset Management in statement.
Pisterzi most recently was president of Monetta Financial Services and director of marketing for Gofen & Glossberg. He also was chairman of Columbus Circle Investors when the firm was an investment advisory subsidiary of Thomson McKinnon Asset Management. He also was director of marketing for Harris' Oakmark funds.
Schwartz will oversee the subadvisors used in Lindner's funds. He joins the firm from William M. Mercer Global Investment Forum. Prior to that service he was a managing director at Zurich Investment Management.
Miller joined the firm from its Board of directors last May as an administrative officer. His task at that time was to oversee the move of the firm from St. Louis to Deerfield, Illinois.
"Bob Miller has played a critical role in laying the foundation for a revitalized Lindner. He is a skilled administrator and is committed to providing outstanding service to the shareholder and investment community," said Valassis.
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