These group level figures include funds of funds that mainly invest in external funds (those run by other groups) or overseas funds. However, figures exclude funds investing in internal funds (i.e. those run by the same group) to avoid double counting of fund assets at group level.
This explains why the sum of the group level figures for funds under management is different to the totals shown in other reports (except in the case of ISA reports).
These figures include UK domiciled funds only.
**Data is uploaded approximately three months in arrears**
Most recent data available: November 2023
| Company | Retail Funds Under Management | Rank |
|---|---|---|
| Invesco Perpetual | 43,878,783,209 | 1 |
| M&G Securities Limited | 40,848,825,694 | 2 |
| St James's Place Unit Trust Group Ltd | 34,990,231,309 | 3 |
| BNY Mellon Fund Managers Limited | 30,533,442,083 | 4 |
| Threadneedle Investment Services Ltd | 28,813,594,051 | 5 |
| Jupiter Unit Trust Managers Limited | 24,693,398,315 | 6 |
| Fidelity Worldwide Investment | 24,575,013,510 | 7 |
| Schroder Unit Trusts Limited | 23,747,254,170 | 8 |
| Henderson Global Investors | 22,660,863,668 | 9 |
| Aberdeen | 20,951,366,641 | 10 |
| First State Investments (UK) Ltd | 15,923,866,318 | 11 |
| BlackRock Investment Management (UK) Limited | 15,210,930,204 | 12 |
| Legal & General (Unit Trust) Managers Limited | 15,139,197,585 | 13 |
| Artemis Fund Managers Ltd | 14,911,830,793 | 14 |
| Capita Financial Managers Limited | 13,995,645,130 | 15 |
| Standard Life Investments Ltd | 13,146,088,843 | 16 |
| AXA IM UK Limited | 13,084,234,299 | 17 |
| HSBC Global Asset Management (UK) Limited | 12,805,704,037 | 18 |
| Scottish Widows Unit Trusts Managers | 12,349,740,343 | 19 |
| JP Morgan Asset Management | 10,634,731,878 | 20 |
| Old Mutual Investment Management Limited | 8,869,762,626 | 21 |
| Investec Asset Management Ltd | 8,390,594,219 | 22 |
| Aviva Investors UK Fund Services Limited | 8,152,502,946 | 23 |
| Kames Capital | 5,997,341,140 | 24 |
| Baillie Gifford & Co Limited | 5,428,530,000 | 25 |
| F&C Fund Management | 5,024,960,128 | 26 |
| Hargreaves Lansdown | 4,709,044,774 | 27 |
| J O Hambro Capital Management Group | 4,481,604,643 | 28 |
| Fund Partners Limited | 4,411,062,423 | 29 |
| Barclays Asset Managers Limited | 4,256,420,049 | 30 |
| Majedie Asset Management Ltd | 4,244,429,312 | 31 |
| Neptune Investment Management Ltd | 4,055,265,625 | 32 |
| Santander Asset Management (SAM UK) | 3,507,772,214 | 33 |
| Royal London Unit Trust Managers Ltd | 3,315,358,231 | 34 |
| Marlborough Fund Managers Limited | 3,250,126,264 | 35 |
| Fundsmith | 3,000,831,247 | 36 |
| Premier Portfolio Managers Ltd | 2,975,816,565 | 37 |
| Liontrust Fund Partners LLP | 2,942,367,413 | 38 |
| Architas Multi-Manager Limited | 2,917,364,503 | 39 |
| Close Asset Management (UK) Ltd | 2,831,934,880 | 40 |
| CIS Unit Managers Ltd | 2,642,294,484 | 41 |
| Phoenix Fund Services (UK) Limited | 2,430,250,881 | 43 |
| RBS Collective Investment Funds Limited | 2,410,717,121 | 44 |
| Baring Fund Managers Limited | 2,249,089,284 | 45 |
| Ignis Fund Managers Limited | 2,188,339,362 | 46 |
| Thesis Unit Trust Managers | 2,183,017,622 | 47 |
| Rathbone Unit Trust Management Limited | 2,114,298,007 | 48 |
| Franklin Templeton Funds | 2,083,275,637 | 49 |
| Lazard Fund Managers Limited | 1,822,825,942 | 50 |
| Allianz Global Investors | 1,674,269,796 | 51 |
| Legg Mason Investment (Funds) Limited | 1,556,446,814 | 52 |
| Margetts Fund Management Ltd | 1,520,848,045 | 53 |
| Alliance Trust Asset Management Limited | 1,469,380,456 | 54 |
| Investment Fund Services Limited (IFSL) | 1,419,096,890 | 55 |
| Smith & Williamson Investment Management | 1,338,301,639 | 56 |
| Sarasin & Partners LLP | 1,316,436,348 | 57 |
| Marks & Spencer Unit Trust Managers Ltd | 1,284,263,385 | 58 |
| T. Bailey Fund Managers Limited | 1,272,617,582 | 59 |
| GAM | 1,212,065,826 | 60 |
| River & Mercantile AM | 1,200,209,737 | 61 |
| Ecclesiastical Investment Management Ltd | 975,291,508 | 62 |
| McInroy & Wood Portfolios Ltd | 841,483,873 | 63 |
| NFU Mutual Unit Managers Ltd | 827,909,055 | 64 |
| Morgan Stanley Investment Management Ltd | 669,546,875 | 66 |
| Martin Currie Fund Management Limited | 530,491,731 | 67 |
| City Financial Investment | 422,357,918 | 69 |
| MT Capital Management Limited | 368,279,698 | 70 |
| COURTIERS Investment Services Limited | 348,003,355 | 71 |
| SVM Asset Management Ltd | 291,945,318 | 72 |
| Miton Group | 228,087,993 | 73 |
| Host Capital Limited | 198,561,174 | 74 |
| Investec Wealth Investment Management Limited | 197,558,572 | 75 |
| Aberforth Unit Trust Managers Limited | 196,273,036 | 76 |
| Natixis Global Asset Management | 144,982,251 | 77 |
| Sand Aire Ltd | 125,933,905 | 78 |
| Family Investment Management Ltd | 116,039,916 | 80 |
| Carvetian Capital Management Limited | 113,599,168 | 81 |
| Consistent Unit Trust Management Co Ltd | 91,468,045 | 82 |
| Sharefunds Ltd | 73,579,508 | 84 |
| TU Fund Managers Ltd | 50,924,869 | 85 |
| Clerical Medical | 44,015,607 | 86 |
| Scottish Friendly Asset Managers Ltd | 36,867,201 | 87 |
| Discretionary Unit Fund Managers Limited | 35,078,125 | 88 |
| Orbis Investment Management Luxembourg S.A. | 31,254,463 | 89 |
| Manek Investment Management Ltd | 14,670,842 | 90 |
| Querns Asset Managers | 14,180,319 | 91 |
