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 | 42,872,822,431 | 1 |
| St James's Place Unit Trust Group Ltd | 40,151,926,281 | 2 |
| M&G Securities Limited | 37,875,165,649 | 3 |
| Threadneedle Investment Services Ltd | 28,842,010,753 | 4 |
| BNY Mellon Fund Managers Limited | 27,490,075,964 | 5 |
| Fidelity Worldwide Investment | 25,120,150,134 | 6 |
| Jupiter Unit Trust Managers Limited | 24,538,375,673 | 7 |
| Schroder Unit Trusts Limited | 23,198,542,802 | 8 |
| Henderson Global Investors | 21,960,436,004 | 9 |
| Legal & General (Unit Trust) Managers Limited | 20,830,348,290 | 10 |
| Aberdeen | 17,946,560,345 | 11 |
| BlackRock Investment Management (UK) Limited | 16,038,601,707 | 12 |
| Artemis Fund Managers Ltd | 15,752,687,319 | 13 |
| Standard Life Investments Ltd | 15,704,899,848 | 14 |
| Capita Financial Managers Limited | 15,376,125,389 | 15 |
| First State Investments (UK) Ltd | 14,632,890,389 | 16 |
| AXA IM UK Limited | 12,921,990,622 | 17 |
| HSBC Global Asset Management (UK) Limited | 12,791,604,948 | 18 |
| Aviva Investors UK Fund Services Limited | 11,887,085,230 | 19 |
| Scottish Widows Unit Trusts Managers | 10,790,602,927 | 20 |
| JP Morgan Asset Management | 9,843,090,806 | 21 |
| Old Mutual Investment Management Limited | 9,394,225,131 | 22 |
| HBOS Investment Fund Managers Limited | 9,074,296,014 | 23 |
| Investec Asset Management Ltd | 7,392,877,145 | 24 |
| Kames Capital | 6,375,914,899 | 25 |
| Baillie Gifford & Co Limited | 6,080,100,957 | 26 |
| Hargreaves Lansdown | 5,177,554,600 | 27 |
| Fund Partners Limited | 4,998,559,689 | 28 |
| Majedie Asset Management Ltd | 4,777,681,710 | 29 |
| F&C Fund Management | 4,704,147,853 | 30 |
| J O Hambro Capital Management Group | 4,453,996,870 | 31 |
| Neptune Investment Management Ltd | 4,039,870,453 | 32 |
| Barclays Asset Managers Limited | 3,881,700,344 | 33 |
| Royal London Unit Trust Managers Ltd | 3,861,555,111 | 34 |
| Marlborough Fund Managers Limited | 3,756,666,542 | 35 |
| Premier Portfolio Managers Ltd | 3,676,684,747 | 36 |
| Fundsmith | 3,672,947,320 | 37 |
| Santander Asset Management (SAM UK) | 3,329,585,374 | 38 |
| Phoenix Fund Services (UK) Limited | 3,287,185,291 | 39 |
| Liontrust Fund Partners LLP | 2,992,406,813 | 40 |
| Architas Multi-Manager Limited | 2,947,825,222 | 41 |
| Close Asset Management (UK) Ltd | 2,827,512,452 | 42 |
| RLUM Ltd | 2,439,155,240 | 44 |
| Baring Fund Managers Limited | 2,360,778,946 | 45 |
| Rathbone Unit Trust Management Limited | 2,358,241,428 | 46 |
| RBS Collective Investment Funds Limited | 2,333,335,129 | 47 |
| Franklin Templeton Funds | 2,262,218,315 | 48 |
| Thesis Unit Trust Managers | 2,188,867,138 | 49 |
| Legg Mason Investment (Funds) Limited | 1,902,832,602 | 50 |
| Investment Fund Services Limited (IFSL) | 1,750,239,195 | 51 |
| Allianz Global Investors | 1,668,659,001 | 52 |
| Alliance Trust Asset Management Limited | 1,660,630,598 | 53 |
| Lazard Fund Managers Limited | 1,660,400,081 | 54 |
| SLTM | 1,658,198,546 | 55 |
| Smith & Williamson Investment Management | 1,541,639,490 | 56 |
| Margetts Fund Management Ltd | 1,523,723,158 | 57 |
| River & Mercantile AM | 1,270,903,386 | 58 |
| Marks & Spencer Unit Trust Managers Ltd | 1,222,712,657 | 59 |
| GAM | 1,071,765,320 | 60 |
| Eden Tree Investment Management Limited | 992,152,862 | 61 |
| Sarasin & Partners LLP | 936,318,072 | 62 |
| T. Bailey Fund Services Limited | 841,791,910 | 63 |
| McInroy & Wood Portfolios Ltd | 828,546,927 | 64 |
| NFU Mutual Unit Managers Ltd | 810,006,578 | 65 |
| Unicorn Asset Management Limited | 710,563,560 | 66 |
| Morgan Stanley Investment Management Ltd | 708,758,437 | 67 |
| City Financial Investment | 440,375,333 | 68 |
| UBS Global Asset Management Funds Ltd | 402,999,808 | 69 |
| Host Capital Limited | 375,123,524 | 70 |
| Fleming Family & Partners | 372,179,178 | 71 |
| MT Capital Management Limited | 367,160,790 | 72 |
| COURTIERS Asset Management Ltd | 359,621,001 | 73 |
| SVM Asset Management Ltd | 299,106,883 | 74 |
| Natixis Global Asset Management | 261,128,829 | 75 |
| Miton Group | 200,343,329 | 76 |
| Aberforth Unit Trust Managers Limited | 182,718,613 | 77 |
| Family Investment Management Ltd | 171,493,336 | 78 |
| Investec Wealth Investment Management Limited | 167,234,111 | 79 |
| Scottish Friendly Asset Managers Ltd | 140,928,042 | 80 |
| Ignis Fund Managers Limited | 135,704,154 | 81 |
| Sand Aire Ltd | 135,046,041 | 82 |
| Carvetian Capital Management Limited | 101,723,095 | 84 |
| Consistent Unit Trust Management Co Ltd | 86,660,093 | 85 |
| Sharefunds Ltd | 86,003,697 | 86 |
| TU Fund Managers Ltd | 45,115,213 | 88 |
| Clerical Medical | 39,419,358 | 89 |
| Discretionary Unit Fund Managers Limited | 35,078,125 | 90 |
| Orbis Investment Management Luxembourg S.A. | 33,424,834 | 91 |
| Querns Asset Managers | 14,387,530 | 92 |
| Manek Investment Management Ltd | 13,879,238 | 93 |
