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 |
|---|---|---|
| M&G Securities Limited | 64,941,744,117 | 1 |
| BlackRock Investment Management (UK) Limited | 49,336,133,908 | 2 |
| Invesco Perpetual | 40,371,563,294 | 3 |
| Threadneedle Investment Services Ltd | 34,184,690,512 | 4 |
| Fidelity Worldwide Investment | 31,089,530,367 | 5 |
| BNY Mellon Fund Managers Limited | 29,257,202,716 | 6 |
| Jupiter Unit Trust Managers Limited | 27,375,426,146 | 7 |
| Henderson Global Investors | 27,149,993,801 | 8 |
| Legal & General (Unit Trust) Managers Limited | 24,238,599,929 | 9 |
| Schroder Unit Trusts Limited | 23,719,761,511 | 10 |
| Capita Financial Managers Limited | 18,709,603,091 | 11 |
| First State Investments (UK) Ltd | 18,559,007,611 | 12 |
| Standard Life Investments Ltd | 17,442,941,423 | 13 |
| Aberdeen | 17,406,888,575 | 14 |
| Aviva Investors UK Fund Services Limited | 17,348,983,594 | 15 |
| HSBC Global Asset Management (UK) Limited | 16,733,543,745 | 16 |
| Artemis Fund Managers Ltd | 16,688,568,704 | 17 |
| J.P. Morgan Asset Management | 13,457,852,908 | 18 |
| Old Mutual Investment Management Limited | 12,707,424,453 | 19 |
| AXA IM UK Limited | 12,192,526,032 | 20 |
| Scottish Widows Unit Trusts Managers | 9,707,292,619 | 21 |
| Fundsmith | 9,116,447,487 | 22 |
| Investec Asset Management Ltd | 8,468,962,434 | 23 |
| Baillie Gifford & Co Limited | 7,683,597,510 | 24 |
| Kames Capital | 6,639,277,109 | 25 |
| BMO Global Asset Management | 6,455,728,052 | 26 |
| Majedie Asset Management Ltd | 5,678,369,857 | 27 |
| Royal London Unit Trust Managers Ltd | 5,138,182,256 | 28 |
| J O Hambro Capital Management Group | 5,109,466,458 | 29 |
| Fund Partners Limited | 4,928,846,548 | 30 |
| Premier Portfolio Managers Ltd | 4,892,482,700 | 31 |
| Marlborough Fund Managers Limited | 4,830,209,958 | 32 |
| Liontrust Fund Partners LLP | 4,157,017,406 | 33 |
| Maitland Institutional Services Limited | 4,121,301,996 | 34 |
| Architas Multi-Manager Limited | 3,509,348,391 | 35 |
| Santander Asset Management (SAM UK) | 3,501,955,913 | 36 |
| RLUM Ltd | 3,408,875,985 | 37 |
| Close Asset Management (UK) Ltd | 3,286,980,703 | 38 |
| Rathbone Unit Trust Management Limited | 3,252,301,133 | 39 |
| Neptune Investment Management Ltd | 3,059,830,439 | 40 |
| Virgin Money Unit Trust Managers Limited | 2,899,599,460 | 41 |
| Thesis Unit Trust Managers | 2,783,623,495 | 42 |
| Franklin Templeton Funds | 2,744,509,447 | 43 |
| Baring Fund Managers Limited | 2,552,914,626 | 44 |
| Investment Fund Services Limited (IFSL) | 2,452,336,245 | 45 |
| RBS Collective Investment Funds Limited | 2,395,580,537 | 46 |
| Legg Mason Investment (Funds) Limited | 2,292,208,333 | 47 |
| Allianz Global Investors | 2,178,726,875 | 48 |
| Hargreaves Lansdown | 2,010,246,248 | 49 |
| Smith & Williamson Investment Management | 1,923,106,312 | 50 |
| Lazard Fund Managers Limited | 1,854,076,438 | 51 |
| T. Bailey Fund Services Limited | 1,811,316,977 | 52 |
| Margetts Fund Management Ltd | 1,810,263,707 | 53 |
| Alliance Trust Asset Management Limited | 1,640,593,521 | 54 |
| River & Mercantile AM | 1,461,499,440 | 55 |
| Sarasin & Partners LLP | 1,378,147,590 | 56 |
| Marks & Spencer Unit Trust Managers Ltd | 1,333,970,030 | 57 |
| GAM | 1,166,530,444 | 58 |
| Morgan Stanley Investment Management Ltd | 1,085,815,596 | 59 |
| EdenTree Investment Management Limited | 1,045,442,609 | 60 |
| McInroy & Wood Portfolios Ltd | 1,041,774,449 | 61 |
| NFU Mutual Unit Managers Ltd | 973,858,319 | 62 |
| Barclays Asset Managers Limited | 834,089,926 | 63 |
| Unicorn Asset Management Limited | 788,357,131 | 64 |
| Natixis Global Asset Management | 619,861,701 | 65 |
| Valu-Trac Investment Management Ltd | 563,388,455 | 66 |
| City Financial Investment | 541,898,296 | 67 |
| COURTIERS Investment Services Limited | 476,251,074 | 68 |
| UBS Global Asset Management Funds Ltd | 446,294,643 | 69 |
| Omnis Investments Limited | 413,401,987 | 70 |
| HBOS Investment Fund Managers Limited | 408,753,061 | 71 |
| MT Capital Management Limited | 407,566,882 | 72 |
| SVM Asset Management Ltd | 365,577,143 | 73 |
| Host Capital Limited | 266,559,312 | 74 |
| Carvetian Capital Management Limited | 239,680,456 | 75 |
| OneFamily | 202,957,394 | 76 |
| Aberforth Unit Trust Managers Limited | 201,992,928 | 77 |
| Scottish Friendly Asset Managers Ltd | 158,653,979 | 78 |
| Phoenix Unit Trust Managers | 143,759,392 | 79 |
| Sharefunds Ltd | 142,122,497 | 80 |
| Wesleyan Unit Trust Managers Ltd | 123,256,978 | 81 |
| Consistent Unit Trust Management Co Ltd | 86,679,396 | 82 |
| Orbis Investment Management (Luxembourg) SA | 51,567,644 | 83 |
| Man Fund Management UK Limited | 48,978,047 | 84 |
| Querns Asset Managers | 13,999,030 | 85 |
| Manek Investment Management Ltd | 11,020,712 | 86 |
| Total | 644,182,775,997 |
