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 | 42,062,401,737 | 1 |
| Invesco Perpetual | 41,524,624,213 | 2 |
| M&G Securities Limited | 35,159,252,866 | 3 |
| Threadneedle Investment Services Ltd | 30,952,910,161 | 4 |
| BNY Mellon Fund Managers Limited | 27,293,397,673 | 5 |
| Fidelity Worldwide Investment | 25,506,127,632 | 6 |
| Jupiter Unit Trust Managers Limited | 24,469,704,094 | 7 |
| Henderson Global Investors | 22,404,689,750 | 8 |
| Schroder Unit Trusts Limited | 22,199,058,643 | 9 |
| Legal & General (Unit Trust) Managers Limited | 19,847,536,667 | 10 |
| Aberdeen | 17,357,763,756 | 11 |
| BlackRock Investment Management (UK) Limited | 16,681,280,246 | 12 |
| Capita Financial Managers Limited | 16,163,146,623 | 13 |
| Artemis Fund Managers Ltd | 15,866,660,287 | 14 |
| First State Investments (UK) Ltd | 15,118,408,224 | 15 |
| HSBC Global Asset Management (UK) Limited | 12,874,308,950 | 16 |
| AXA IM UK Limited | 11,919,305,564 | 17 |
| Aviva Investors UK Fund Services Limited | 11,892,398,633 | 18 |
| J.P. Morgan Asset Management | 10,234,294,178 | 19 |
| Old Mutual Investment Management Limited | 10,027,717,948 | 20 |
| Scottish Widows Unit Trusts Managers | 8,623,064,611 | 21 |
| Investec Asset Management Ltd | 7,692,280,676 | 22 |
| Kames Capital | 6,312,113,428 | 23 |
| Baillie Gifford & Co Limited | 6,106,208,440 | 24 |
| Hargreaves Lansdown | 5,380,875,924 | 25 |
| Fund Partners Limited | 5,146,346,905 | 26 |
| Fundsmith | 5,064,212,248 | 27 |
| BMO Global Asset Management | 4,879,495,648 | 28 |
| Majedie Asset Management Ltd | 4,722,614,212 | 29 |
| Royal London Unit Trust Managers Ltd | 4,447,233,788 | 30 |
| J O Hambro Capital Management Group | 4,240,810,351 | 31 |
| Marlborough Fund Managers Limited | 4,133,195,222 | 32 |
| Premier Portfolio Managers Ltd | 4,040,364,042 | 33 |
| Barclays Asset Managers Limited | 3,586,740,777 | 34 |
| Phoenix Fund Services (UK) Limited | 3,383,454,233 | 35 |
| Santander Asset Management (SAM UK) | 3,266,243,784 | 36 |
| Neptune Investment Management Ltd | 3,238,582,641 | 37 |
| Liontrust Fund Partners LLP | 3,180,233,429 | 38 |
| Architas Multi-Manager Limited | 3,066,159,911 | 39 |
| Close Asset Management (UK) Ltd | 2,935,655,059 | 40 |
| RLUM Ltd | 2,530,507,777 | 41 |
| Virgin Money Unit Trust Managers Limited | 2,526,785,850 | 42 |
| Baring Fund Managers Limited | 2,526,421,747 | 43 |
| Rathbone Unit Trust Management Limited | 2,496,138,601 | 44 |
| Franklin Templeton Funds | 2,357,926,205 | 45 |
| Thesis Unit Trust Managers | 2,282,938,632 | 46 |
| RBS Collective Investment Funds Limited | 2,245,611,598 | 47 |
| Legg Mason Investment (Funds) Limited | 1,894,988,897 | 48 |
| Investment Fund Services Limited (IFSL) | 1,850,119,578 | 49 |
| Allianz Global Investors | 1,705,758,232 | 50 |
| Smith & Williamson Investment Management LLP | 1,640,034,121 | 51 |
| Margetts Fund Management Ltd | 1,598,311,165 | 52 |
| Lazard Fund Managers Limited | 1,528,898,529 | 53 |
| Alliance Trust Asset Management Limited | 1,520,523,912 | 54 |
| Sarasin & Partners LLP | 1,283,118,765 | 55 |
| River & Mercantile AM | 1,244,305,935 | 56 |
| Marks & Spencer Unit Trust Managers Ltd | 1,201,362,440 | 57 |
| GAM | 942,545,751 | 58 |
| EdenTree Investment Management Limited | 927,909,220 | 59 |
| T. Bailey Fund Services Limited | 890,784,526 | 60 |
| McInroy & Wood Portfolios Ltd | 889,247,332 | 61 |
| Morgan Stanley Investment Management Ltd | 821,649,276 | 62 |
| NFU Mutual Unit Managers Ltd | 818,692,382 | 63 |
| Unicorn Asset Management Limited | 785,309,940 | 64 |
| City Financial Investment | 703,978,275 | 65 |
| Omnis Investments Limited | 464,348,389 | 66 |
| Natixis Global Asset Management | 461,986,285 | 67 |
| COURTIERS Investment Services Limited | 394,317,801 | 68 |
| UBS Global Asset Management Funds Ltd | 392,473,738 | 69 |
| MT Capital Management Limited | 360,340,635 | 70 |
| SVM Asset Management Ltd | 338,626,682 | 71 |
| Valu-Trac Investment Management Ltd | 255,514,545 | 72 |
| Host Capital Limited | 214,450,055 | 73 |
| OneFamily | 169,249,873 | 74 |
| Aberforth Unit Trust Managers Limited | 148,758,142 | 75 |
| Scottish Friendly Asset Managers Ltd | 147,040,577 | 76 |
| Sand Aire Ltd | 125,655,898 | 77 |
| Carvetian Capital Management Limited | 107,855,816 | 78 |
| Sharefunds Ltd | 96,489,703 | 79 |
| Phoenix Unit Trust Managers | 88,391,040 | 80 |
| Wesleyan Unit Trust Managers Ltd | 83,654,319 | 81 |
| Consistent Unit Trust Management Co Ltd | 80,013,452 | 82 |
| Clerical Medical | 38,522,732 | 83 |
| Orbis Investment Management (Luxembourg) SA | 35,209,770 | 84 |
| Querns Asset Managers | 13,426,642 | 85 |
| Man Fund Management UK Limited | 13,248,103 | 86 |
| Manek Investment Management Ltd | 12,811,742 | 87 |
