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 |
|---|---|---|
| Standard Life Investments Ltd | 41,916,197,726 | 1 |
| Invesco Perpetual | 41,570,243,643 | 2 |
| M&G Securities Limited | 35,170,618,426 | 3 |
| Threadneedle Investment Services Ltd | 30,713,348,649 | 4 |
| BNY Mellon Fund Managers Limited | 26,636,500,374 | 5 |
| Fidelity Worldwide Investment | 25,151,731,432 | 6 |
| Jupiter Unit Trust Managers Limited | 24,400,165,912 | 7 |
| Henderson Global Investors | 22,160,947,816 | 8 |
| Schroder Unit Trusts Limited | 21,965,688,836 | 9 |
| Legal & General (Unit Trust) Managers Limited | 19,528,995,812 | 10 |
| Aberdeen | 17,384,692,827 | 11 |
| BlackRock Investment Management (UK) Limited | 16,132,310,991 | 12 |
| Artemis Fund Managers Ltd | 15,847,441,959 | 13 |
| Capita Financial Managers Limited | 15,683,272,416 | 14 |
| First State Investments (UK) Ltd | 14,578,381,565 | 15 |
| HSBC Global Asset Management (UK) Limited | 12,704,953,141 | 16 |
| AXA IM UK Limited | 11,823,034,348 | 17 |
| Aviva Investors UK Fund Services Limited | 10,698,181,397 | 18 |
| Old Mutual Investment Management Limited | 9,864,404,017 | 19 |
| J.P. Morgan Asset Management | 9,711,207,299 | 20 |
| Scottish Widows Unit Trusts Managers | 8,624,285,084 | 21 |
| Investec Asset Management Ltd | 7,630,790,438 | 22 |
| Kames Capital | 6,377,763,717 | 23 |
| Baillie Gifford & Co Limited | 5,977,452,066 | 24 |
| Hargreaves Lansdown | 5,270,260,140 | 25 |
| BMO Global Asset Management | 5,128,570,031 | 26 |
| Fund Partners Limited | 4,984,927,689 | 27 |
| Majedie Asset Management Ltd | 4,642,899,283 | 28 |
| Fundsmith | 4,634,418,661 | 29 |
| Royal London Unit Trust Managers Ltd | 4,399,423,312 | 30 |
| J O Hambro Capital Management Group | 4,205,350,636 | 31 |
| Marlborough Fund Managers Limited | 4,125,717,127 | 32 |
| Premier Portfolio Managers Ltd | 3,968,516,912 | 33 |
| Barclays Asset Managers Limited | 3,553,215,204 | 34 |
| Phoenix Fund Services (UK) Limited | 3,395,375,588 | 35 |
| Neptune Investment Management Ltd | 3,371,403,894 | 36 |
| Santander Asset Management (SAM UK) | 3,257,621,245 | 37 |
| Liontrust Fund Partners LLP | 3,152,114,535 | 38 |
| Architas Multi-Manager Limited | 3,006,776,420 | 39 |
| Close Asset Management (UK) Ltd | 2,903,138,491 | 40 |
| RLUM Ltd | 2,526,053,536 | 41 |
| Baring Fund Managers Limited | 2,516,047,851 | 42 |
| Virgin Money Unit Trust Managers Limited | 2,513,841,751 | 43 |
| Rathbone Unit Trust Management Limited | 2,424,024,146 | 44 |
| Franklin Templeton Funds | 2,331,310,463 | 45 |
| RBS Collective Investment Funds Limited | 2,246,736,311 | 46 |
| Thesis Unit Trust Managers | 2,222,363,108 | 47 |
| Legg Mason Investment (Funds) Limited | 1,845,186,815 | 48 |
| Investment Fund Services Limited (IFSL) | 1,816,833,566 | 49 |
| Allianz Global Investors | 1,635,501,174 | 50 |
| Smith & Williamson Investment Management LLP | 1,607,673,014 | 51 |
| Margetts Fund Management Ltd | 1,566,402,557 | 52 |
| Alliance Trust Asset Management Limited | 1,536,683,713 | 53 |
| Lazard Fund Managers Limited | 1,489,352,757 | 54 |
| River & Mercantile AM | 1,239,134,401 | 55 |
| Sarasin & Partners LLP | 1,229,941,097 | 56 |
| Marks & Spencer Unit Trust Managers Ltd | 1,179,634,234 | 57 |
| GAM | 928,898,514 | 58 |
| EdenTree Investment Management Limited | 922,772,592 | 59 |
| T. Bailey Fund Services Limited | 867,720,294 | 60 |
| McInroy & Wood Portfolios Ltd | 852,041,079 | 61 |
| NFU Mutual Unit Managers Ltd | 813,630,472 | 62 |
| Morgan Stanley Investment Management Ltd | 798,003,139 | 63 |
| Unicorn Asset Management Limited | 772,398,772 | 64 |
| City Financial Investment | 563,999,199 | 65 |
| Omnis Investments Limited | 464,348,389 | 66 |
| Natixis Global Asset Management | 401,087,187 | 67 |
| COURTIERS Investment Services Limited | 393,079,160 | 68 |
| UBS Global Asset Management Funds Ltd | 378,613,181 | 69 |
| MT Capital Management Limited | 354,086,392 | 70 |
| SVM Asset Management Ltd | 331,813,685 | 71 |
| Valu-Trac Investment Management Ltd | 212,803,183 | 72 |
| Host Capital Limited | 210,318,888 | 73 |
| Miton Group | 179,713,687 | 74 |
| OneFamily | 170,551,561 | 75 |
| Aberforth Unit Trust Managers Limited | 153,871,754 | 76 |
| Investec Wealth Investment Management Limited | 146,665,977 | 77 |
| Scottish Friendly Asset Managers Ltd | 145,721,006 | 78 |
| Sand Aire Ltd | 123,686,215 | 79 |
| Carvetian Capital Management Limited | 104,879,721 | 80 |
| Sharefunds Ltd | 92,687,753 | 81 |
| Consistent Unit Trust Management Co Ltd | 80,815,331 | 83 |
| Phoenix Unit Trust Managers | 68,848,258 | 84 |
| Clerical Medical | 38,053,850 | 85 |
| Orbis Investment Management (Luxembourg) SA | 32,715,834 | 86 |
| Querns Asset Managers | 13,291,168 | 87 |
| Man Fund Management UK Limited | 12,727,185 | 88 |
| Manek Investment Management Ltd | 12,539,689 | 89 |
