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Real estate fund active management

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Figure

Figure 1: The Two Dimensions of Active Management
Figure 2: Classification of Funds based on Active Share and Annualised Tracking Error: Overall Period
Figure 3: Classification of Funds based on Active Share and Annualised Tracking Error:  Pre-GFC Period
Figure 4: Classification of Funds based on Active Share and Annualised Tracking Error: GFC Period
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