Fund Openings, Closings, Manager Moves: More Growing Pains at Lindner

More than a year after a management shakeout, the troubled Lindner Funds are going through more growing pains.

The St. Louis fund company is reshuffling its portfolio management team and bringing in three new managers, including the son of Lindner's chief investment officer. Stepping down from the day-to-day portfolio management duties is Eric Ryback, a 16-year Lindner veteran who had the most portfolio-management experience of the lot.

Ryback will continue as president of Lindner Funds, a company spokesman says, though he won't have day-to-day portfolio management duties anymore. ...