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: October 2025
| Company | Retail Funds Under Management | Rank |
|---|---|---|
| Invesco Perpetual | 44,276,303,445 | 1 |
| M & G Securities Limited | 42,447,606,032 | 2 |
| BNY Mellon Fund Managers Limited | 28,325,594,389 | 3 |
| Threadneedle Investment Services Ltd | 28,317,562,994 | 4 |
| Schroder Unit Trusts Limited | 25,679,624,236 | 5 |
| Jupiter Unit Trust Managers Limited | 23,472,403,828 | 6 |
| Fidelity Worldwide Investment | 22,444,095,424 | 7 |
| Henderson Global Investors | 20,815,577,828 | 8 |
| Legal & General (Unit Trust) Managers Limited | 18,635,192,372 | 9 |
| St James's Place Unit Trust Group Ltd | 17,584,511,473 | 10 |
| SWIP Fund Management Ltd | 16,612,287,926 | 11 |
| Capita Financial Managers Limited | 16,194,323,083 | 12 |
| First State Investments (UK) Ltd | 13,598,771,249 | 13 |
| Standard Life Investments Ltd | 12,897,867,704 | 14 |
| BlackRock Investment Management (UK) Limited | 12,836,492,865 | 15 |
| Artemis Fund Managers Ltd | 12,702,893,179 | 16 |
| AXA IM UK Limited | 12,086,049,173 | 17 |
| HBOS Investment Fund Managers Limited | 11,789,980,435 | 18 |
| HSBC Global Asset Management (UK) Limited | 11,392,939,005 | 19 |
| JP Morgan Asset Management | 9,896,539,977 | 20 |
| Aberdeen Unit Trust Managers Limited | 8,565,811,815 | 21 |
| Investec Asset Management Ltd | 8,309,446,767 | 22 |
| Scottish Widows Unit Trusts Managers | 7,471,416,892 | 23 |
| Aviva Investors UK Fund Services Limited | 7,083,380,866 | 24 |
| Kames Capital | 5,262,436,605 | 25 |
| F & C Fund Management | 4,935,462,908 | 26 |
| Old Mutual Fund Managers Limited | 4,451,254,032 | 27 |
| Baillie Gifford & Co Limited | 4,341,460,000 | 28 |
| Barclays Wealth Funds Limited | 4,299,110,808 | 29 |
| Neptune Investment Management Ltd | 4,185,828,171 | 31 |
| Hargreaves Lansdown | 3,860,168,093 | 32 |
| J O Hambro Capital Management Group | 3,767,485,057 | 33 |
| Santander Asset Management (SAM UK) | 3,248,598,855 | 34 |
| CIS Unit Managers Ltd | 3,029,513,949 | 35 |
| Majedie Asset Management Ltd | 3,025,461,877 | 36 |
| Baring Fund Managers Limited | 3,010,544,928 | 37 |
| Marlborough Fund Managers Limited | 2,767,562,224 | 38 |
| Architas Multi-Manager Limited | 2,629,206,954 | 39 |
| Liontrust Fund Partners LLP | 2,452,506,165 | 41 |
| RBS Collective Investment Funds Limited | 2,360,105,100 | 42 |
| Premier Portfolio Managers Ltd | 2,278,208,041 | 43 |
| Close Asset Management (UK) Ltd | 2,240,770,708 | 44 |
| Royal London Unit Trust Managers Ltd | 2,161,245,255 | 45 |
| Ignis Fund Managers Limited | 2,149,353,310 | 46 |
| Franklin Templeton Funds | 1,956,298,211 | 47 |
| Allianz Global Investors | 1,770,653,005 | 48 |
| Rathbone Unit Trust Management Limited | 1,612,473,235 | 49 |
| Sarasin & Partners LLP | 1,565,057,170 | 50 |
| Fundsmith | 1,545,967,146 | 51 |
| Old Mutual Investment Management Limited | 1,411,930,039 | 52 |
| Legg Mason Investment (Funds) Limited | 1,400,383,357 | 53 |
| Lazard Fund Managers Limited | 1,395,084,952 | 54 |
| Thesis Unit Trust Managers | 1,382,555,799 | 55 |
| Phoenix Fund Services (UK) Limited | 1,358,865,983 | 56 |
| SLTM | 1,311,010,752 | 57 |
| River & Mercantile AM | 1,275,463,302 | 58 |
| Alliance Trust Asset Management Limited | 1,261,395,476 | 59 |
| Marks & Spencer Unit Trust Managers Ltd | 1,251,096,475 | 60 |
| Margetts Fund Management Ltd | 1,088,931,896 | 61 |
| Smith & Williamson Investment Management | 1,064,267,540 | 62 |
| Investment Fund Services Limited (IFSL) | 1,000,281,902 | 63 |
| GAM | 949,595,989 | 64 |
| Ecclesiastical Investment Management Ltd | 846,055,382 | 65 |
| NFU Mutual Unit Managers Ltd | 770,972,297 | 66 |
| McInroy & Wood Portfolios Ltd | 722,607,016 | 67 |
| Martin Currie Unit Trusts Limited | 599,720,573 | 69 |
| Prudential Unit Trusts Ltd | 565,493,878 | 70 |
| Morgan Stanley Investment Management Ltd | 559,048,902 | 71 |
| DB PWM Collective Management Limited | 506,190,561 | 72 |
| T. Bailey Fund Managers Limited | 491,226,934 | 73 |
| City Financial Investment | 428,344,942 | 75 |
| Psigma Unit Trust Managers Limited | 381,936,525 | 76 |
| MT | 350,794,019 | 77 |
| Fleming Family & Partners | 349,131,726 | 78 |
| COURTIERS Investment Services Limited | 298,980,906 | 79 |
| SVM Asset Management Ltd | 275,080,649 | 80 |
| Aberforth Unit Trust Managers Limited | 183,769,143 | 81 |
| Scottish Friendly Asset Managers Ltd | 128,288,953 | 83 |
| Sand Aire Ltd | 109,251,653 | 84 |
| Carvetian Capital Management Limited | 109,192,806 | 85 |
| Family Investment Management Ltd | 102,500,128 | 86 |
| Consistent Unit Trust Management Co Ltd | 86,736,507 | 87 |
| Natixis International Funds | 60,764,544 | 91 |
| Sharefunds Ltd | 53,872,640 | 92 |
| Rothschild Private Management Ltd | 47,437,189 | 93 |
| Clerical Medical | 45,541,514 | 94 |
| Discretionary Unit Fund Managers Limited | 39,798,841 | 95 |
| Host Capital Limited | 23,215,333 | 96 |
| Manek Investment Management Ltd | 19,139,548 | 97 |
| Querns Asset Managers | 13,533,115 | 98 |
