Lipper Snaps-Europe small cap funds lead UK losses last week

LONDON, July 13 (Reuters) - British-domiciled funds had a
tough week to Friday July 10, led lower by products investing in
European small caps, data from Thomson Reuters research firm
Lipper showed on Monday.

Global emerging markets funds also struggled in the month,
while at the top of the table, outperforming fixed income
players were led by Global Bonds funds. Japanese small caps were
the only pure equities representative in the top 10.

The table below lists weekly performance measured by Lipper
in categories as defined by the Investment Management
Association.

WEEK TO July 10

SECTOR RETURN(%)

IMA Global Bonds 0.88

IMA Japanese Smaller Companies 0.61

IMA £ Strategic Bond 0.42

IMA £ Corporate Bond 0.42

IMA UK Gilt 0.35

IMA Money Market 0.08

IMA £ High Yield 0.02

IMA UK Index Linked Gilt -0.05

IMA Guaranteed/Protected -0.11

IMA Absolute Return -0.34

IMA UK Zeros -0.39

IMA Unclassified -0.69

IMA Cautious Managed -0.70

IMA Asia Pacific Including Japan -1.04

IMA Asia Pacific Excluding Japan -1.22

IMA Japan -1.30

IMA Balanced Managed -1.30

IMA North America -1.31

IMA UK Equity & Bond Income -1.37

IMA Technology & Telecoms -1.45

IMA Active Managed -1.51

IMA Property -1.53

IMA UK Smaller Companies -1.67

IMA UK Equity Income & Growth -1.80

IMA Global Growth -1.81

IMA Pensions -1.83

IMA UK Equity Income -2.01

IMA UK All Companies -2.25

IMA Specialist -2.32

IMA Europe Excluding UK -2.32

IMA North American Sm Companies -2.36

IMA Europe Including UK -2.45

IMA Global Emerging Markets -2.61

IMA European Smaller Companies -2.75

Lipper, a Thomson Reuters company, is a fund research and
analysis organisation, providing independent insight on global
collective investment including mutual funds, retirement funds,
hedge funds, fund fees and fund expenses to the asset management
and media communities.

Lipper data covers 196,000 share classes and over 108,000
funds in 57 registered-for-sale universes. It provides the free
Lipper Leader ratings for mutual funds registered for sale in 27
countries. Additional information is available at
www.lipperweb.com.
(Compiled by Joel Dimmock; Editing by Raji Menon)