After a brutal 2008 in which shareholders dumped funds en masse, inflows predominated in 2009.
Longtop's great growth seduced some of the biggest fund names.
BlackRock, Capital Group, Fidelity, and Putnam are the latest firms to cut jobs.
Foreign Fund Insight: Bargain Hunting Abroad
Plus, Aberdeen's fund acquisitions, small-cap fund reopenings, and more.
Manager instability in its foreign funds is an alarming trend.
They may not be the value they appear to be.