Marcus Phayre-Mudge

Marcus Phayre-Mudge

Contributor

Marcus Phayre-Mudge is fund manager at TR Property Investment Trust. He joined the Management team for the company at Henderson Global Investors in 1997, initially managing the direct property portfolio and latterly focusing on real estate equities, managing a number of real estate equity funds in addition to activities in the trust. Marcus moved to Thames River Capital in 2004 (now part of Columbia Threadneedle Investments) and he is also fund manager of CT Property Growth & Income Fund. 

His early career was spent as an investment surveyor at Knight Frank (1990) where he was made an Associate Partner in the fund management division (1995). He qualified as a Chartered Surveyor in 1992 and has a BSc (Hons) in Land Management from Reading University.

About TR Property Investment Trust

TR Property was set up as an investment trust in 1905 and has focused solely on the property sector since 1984. It offers diverse exposure to the UK and European property market, primarily through real estate equities, seeking long-term capital growth and a growing dividend.

TR Property’s core management team has worked together for more than 20 years, led by fund manager Marcus Phayre-Mudge. The trust has beaten its benchmark (FTSE EPRA Nareit Developed Europe Capped Net Total Return £) by 68 per cent over the last decade (to 28 February 2023).