Lipper Snaps UK-Lupus alpha leads real estate funds in June

LONDON, July 3 (Reuters) - German fund manager Lupus alpha led the
British-registered real estate funds in June, data from Thomson Reuters fund
research firm Lipper showed on Friday.

The Lupus alpha Japanese REITs, managed by Stefan Rheinwald and Naoki
Suzuki, returned 11.2 percent. The fund was launched at the end of April 2009
and is overweight in residential REITs.

The BT Global Property Value fund, managed by U.S. company AEW Capital
Management, was bottom-performer with a minus 13.5 percent return over the
month.

Following are tables of the best and worst performers in June among property
funds listed in the Lipper Global indices and registered for sale in Britain.
The tables strip out smaller players and comprise primary mutual funds:

FUND LEADERS

Fund name 1 mth(%) 3 mth 1 yr 3 yr 5 yr

1. Lupus alpha Japanese 11.25

REITs
2. AC SupPen-BT 10.67 14.45 -35.30 -48.46 -30.20

Wholesale

Property Investment
3.Spectrum Super CFS 9.90 18.19 -31.88

W Colliers

Global Property Sec
4. Tower ARC MT AP - 9.18 16.60 -39.79 -57.60 -41.13

REEF Paladin Prop

Securities
5. SEB Real Estate 8.35 36.06 -4.26 -40.97

Equity Global

FUND LAGGARDS

Fund name 1 mth(%) 3 mth 1 yr 3 yr 5 yr

1. BT Global Property -13.53 -22.31 -9.20 34.27

2. Babcock & Brown -9.21 9.38 -90.67 -94.60 -91.33

Infrastructure
3. Morgan Stanley US -9.15 10.34 -30.87 -43.84

Property AX GBP
4. AC Super-APN -8.63 6.10 -45.53 -48.29

International

Property for Income
5. Macquarie Direct -7.39 -6.79 -32.17 -9.29

Property

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 Cecilia Valente; editing by Mariam Karouny)