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 | 45,960,608,689 | 1 |
| M&G Securities Limited | 41,471,355,436 | 2 |
| St James's Place Unit Trust Group Ltd | 36,834,160,277 | 3 |
| BNY Mellon Fund Managers Limited | 31,625,601,691 | 4 |
| Threadneedle Investment Services Ltd | 29,912,778,135 | 5 |
| Fidelity Worldwide Investment | 25,985,692,256 | 6 |
| Jupiter Unit Trust Managers Limited | 25,637,694,724 | 7 |
| Schroder Unit Trusts Limited | 24,787,633,444 | 8 |
| Henderson Global Investors | 24,148,316,616 | 9 |
| Aberdeen | 20,666,704,679 | 10 |
| Legal & General (Unit Trust) Managers Limited | 17,307,747,522 | 11 |
| First State Investments (UK) Ltd | 16,830,880,106 | 12 |
| Artemis Fund Managers Ltd | 15,776,749,433 | 13 |
| BlackRock Investment Management (UK) Limited | 15,123,381,533 | 14 |
| Capita Financial Managers Limited | 14,333,675,464 | 15 |
| Standard Life Investments Ltd | 13,735,203,838 | 16 |
| AXA IM UK Limited | 13,331,985,186 | 17 |
| HSBC Global Asset Management (UK) Limited | 13,116,180,491 | 18 |
| Scottish Widows Unit Trusts Managers | 12,696,510,142 | 19 |
| JP Morgan Asset Management | 10,860,722,856 | 20 |
| Old Mutual Investment Management Limited | 8,815,458,511 | 21 |
| Aviva Investors UK Fund Services Limited | 8,765,404,022 | 22 |
| Investec Asset Management Ltd | 8,521,515,138 | 23 |
| Kames Capital | 6,280,729,482 | 24 |
| Baillie Gifford & Co Limited | 5,778,130,000 | 25 |
| Hargreaves Lansdown | 4,966,889,250 | 26 |
| J O Hambro Capital Management Group | 4,693,867,024 | 27 |
| Majedie Asset Management Ltd | 4,673,801,966 | 28 |
| F&C Fund Management | 4,488,310,528 | 29 |
| Barclays Asset Managers Limited | 4,323,732,909 | 30 |
| Neptune Investment Management Ltd | 4,240,761,225 | 31 |
| Fund Partners Limited | 4,007,677,411 | 32 |
| Santander Asset Management (SAM UK) | 3,628,833,407 | 33 |
| Royal London Unit Trust Managers Ltd | 3,608,931,602 | 34 |
| Fundsmith | 3,378,068,293 | 35 |
| Marlborough Fund Managers Limited | 3,363,161,754 | 36 |
| Premier Portfolio Managers Ltd | 3,254,969,862 | 37 |
| Liontrust Fund Partners LLP | 3,085,347,648 | 38 |
| Architas Multi-Manager Limited | 3,017,211,116 | 39 |
| Close Asset Management (UK) Ltd | 3,008,676,070 | 40 |
| CIS Unit Managers Ltd | 2,974,511,480 | 41 |
| Phoenix Fund Services (UK) Limited | 2,639,869,494 | 43 |
| RBS Collective Investment Funds Limited | 2,486,095,588 | 44 |
| Thesis Unit Trust Managers | 2,329,564,357 | 45 |
| Baring Fund Managers Limited | 2,329,124,233 | 46 |
| Rathbone Unit Trust Management Limited | 2,250,920,846 | 47 |
| Franklin Templeton Funds | 2,181,135,818 | 48 |
| Ignis Fund Managers Limited | 2,133,090,033 | 49 |
| Lazard Fund Managers Limited | 1,911,044,803 | 50 |
| Allianz Global Investors | 1,732,050,305 | 51 |
| Margetts Fund Management Ltd | 1,584,620,313 | 52 |
| Legg Mason Investment (Funds) Limited | 1,550,802,035 | 53 |
| Alliance Trust Asset Management Limited | 1,534,174,083 | 54 |
| Investment Fund Services Limited (IFSL) | 1,470,387,651 | 55 |
| Smith & Williamson Investment Management | 1,374,590,824 | 56 |
| Marks & Spencer Unit Trust Managers Ltd | 1,326,592,045 | 57 |
| T. Bailey Fund Managers Limited | 1,319,077,149 | 58 |
| Sarasin & Partners LLP | 1,224,265,642 | 59 |
| GAM | 1,220,778,593 | 60 |
| River & Mercantile AM | 1,213,221,073 | 61 |
| Ecclesiastical Investment Management Ltd | 1,012,918,380 | 62 |
| McInroy & Wood Portfolios Ltd | 870,210,097 | 63 |
| NFU Mutual Unit Managers Ltd | 857,249,272 | 64 |
| Morgan Stanley Investment Management Ltd | 746,302,252 | 65 |
| Martin Currie Fund Management Limited | 533,915,059 | 67 |
| UBS Global Asset Management Funds Ltd | 522,933,075 | 68 |
| City Financial Investment | 412,976,687 | 69 |
| MT Capital Management Limited | 385,953,832 | 70 |
| COURTIERS Asset Management Ltd | 359,600,052 | 71 |
| SVM Asset Management Ltd | 305,445,418 | 72 |
| Miton Group | 232,068,508 | 73 |
| Host Capital Limited | 206,542,393 | 74 |
| Investec Wealth Investment Management Limited | 200,648,633 | 75 |
| Natixis Global Asset Management | 187,767,586 | 76 |
| Family Investment Management Ltd | 186,924,646 | 77 |
| Aberforth Unit Trust Managers Limited | 184,803,289 | 78 |
| Scottish Friendly Asset Managers Ltd | 144,147,518 | 79 |
| Sand Aire Ltd | 132,918,807 | 80 |
| Carvetian Capital Management Limited | 117,198,720 | 82 |
| Consistent Unit Trust Management Co Ltd | 93,891,883 | 83 |
| Sharefunds Ltd | 75,792,133 | 85 |
| TU Fund Managers Ltd | 53,101,520 | 86 |
| Clerical Medical | 45,017,092 | 87 |
| Discretionary Unit Fund Managers Limited | 35,078,125 | 88 |
| Orbis Investment Management Luxembourg S.A. | 33,059,702 | 89 |
| Manek Investment Management Ltd | 15,251,311 | 90 |
| Querns Asset Managers | 15,230,366 | 91 |
