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 | 58,880,302,447 | 1 |
| Standard Life Investments Ltd | 43,832,931,932 | 2 |
| BlackRock Investment Management (UK) Limited | 42,150,156,732 | 3 |
| Invesco Perpetual | 42,054,901,227 | 4 |
| Threadneedle Investment Services Ltd | 32,557,057,452 | 5 |
| BNY Mellon Fund Managers Limited | 27,590,588,489 | 6 |
| Fidelity Worldwide Investment | 26,554,871,319 | 7 |
| Henderson Global Investors | 26,411,159,365 | 8 |
| Jupiter Unit Trust Managers Limited | 25,251,929,175 | 9 |
| Schroder Unit Trusts Limited | 21,894,692,612 | 10 |
| Legal & General (Unit Trust) Managers Limited | 20,843,397,374 | 11 |
| Aberdeen | 17,365,760,009 | 12 |
| Capita Financial Managers Limited | 16,531,886,344 | 13 |
| Artemis Fund Managers Ltd | 16,058,073,707 | 14 |
| First State Investments (UK) Ltd | 15,884,623,758 | 15 |
| Aviva Investors UK Fund Services Limited | 13,884,930,899 | 16 |
| HSBC Global Asset Management (UK) Limited | 13,384,191,372 | 17 |
| AXA IM UK Limited | 11,564,741,475 | 18 |
| J.P. Morgan Asset Management | 11,139,362,471 | 19 |
| Old Mutual Investment Management Limited | 10,760,124,128 | 20 |
| Scottish Widows Unit Trusts Managers | 8,478,238,492 | 21 |
| Investec Asset Management Ltd | 8,284,302,768 | 22 |
| Kames Capital | 6,807,291,010 | 23 |
| Baillie Gifford & Co Limited | 6,428,209,995 | 24 |
| Fundsmith | 6,156,508,574 | 25 |
| BMO Global Asset Management | 5,899,121,805 | 26 |
| Hargreaves Lansdown | 5,611,936,682 | 27 |
| Fund Partners Limited | 5,164,540,306 | 28 |
| Majedie Asset Management Ltd | 4,915,061,159 | 29 |
| Royal London Unit Trust Managers Ltd | 4,589,827,302 | 30 |
| J O Hambro Capital Management Group | 4,564,712,030 | 31 |
| Marlborough Fund Managers Limited | 4,491,952,301 | 32 |
| Premier Portfolio Managers Ltd | 4,433,674,281 | 33 |
| Maitland Institutional Services Limited | 3,648,992,659 | 34 |
| Barclays Asset Managers Limited | 3,639,740,612 | 35 |
| Liontrust Fund Partners LLP | 3,377,597,445 | 36 |
| Santander Asset Management (SAM UK) | 3,338,582,249 | 37 |
| Architas Multi-Manager Limited | 3,104,831,081 | 38 |
| Neptune Investment Management Ltd | 3,061,247,282 | 39 |
| Close Asset Management (UK) Ltd | 3,025,609,257 | 40 |
| RLUM Ltd | 2,913,736,978 | 41 |
| Rathbone Unit Trust Management Limited | 2,617,984,180 | 42 |
| Virgin Money Unit Trust Managers Limited | 2,613,002,977 | 43 |
| Baring Fund Managers Limited | 2,524,065,794 | 44 |
| Thesis Unit Trust Managers | 2,453,794,006 | 45 |
| Franklin Templeton Funds | 2,423,371,867 | 46 |
| RBS Collective Investment Funds Limited | 2,264,443,698 | 47 |
| Investment Fund Services Limited (IFSL) | 2,007,267,120 | 48 |
| Legg Mason Investment (Funds) Limited | 1,974,070,503 | 49 |
| Allianz Global Investors | 1,764,808,759 | 50 |
| Smith & Williamson Investment Management | 1,702,375,956 | 51 |
| Margetts Fund Management Ltd | 1,636,875,675 | 52 |
| Lazard Fund Managers Limited | 1,547,442,566 | 53 |
| Alliance Trust Asset Management Limited | 1,544,312,720 | 54 |
| River & Mercantile AM | 1,413,791,897 | 55 |
| Marks & Spencer Unit Trust Managers Ltd | 1,236,738,012 | 56 |
| Sarasin & Partners LLP | 1,042,500,400 | 57 |
| EdenTree Investment Management Limited | 958,372,759 | 58 |
| McInroy & Wood Portfolios Ltd | 905,303,425 | 59 |
| GAM | 904,355,034 | 60 |
| Morgan Stanley Investment Management Ltd | 861,154,234 | 61 |
| NFU Mutual Unit Managers Ltd | 859,925,507 | 62 |
| Unicorn Asset Management Limited | 845,244,516 | 63 |
| City Financial Investment | 658,073,356 | 64 |
| T. Bailey Fund Services Limited | 546,148,112 | 65 |
| HBOS Investment Fund Managers Limited | 479,107,713 | 66 |
| Natixis Global Asset Management | 450,994,209 | 67 |
| UBS Global Asset Management Funds Ltd | 450,213,958 | 68 |
| Omnis Investments Limited | 418,380,592 | 69 |
| COURTIERS Investment Services Limited | 411,333,949 | 70 |
| MT Capital Management Limited | 373,054,653 | 71 |
| SVM Asset Management Ltd | 365,894,389 | 72 |
| Valu-Trac Investment Management Ltd | 355,628,232 | 73 |
| Host Capital Limited | 245,373,957 | 74 |
| Aberforth Unit Trust Managers Limited | 197,299,296 | 75 |
| OneFamily | 177,841,184 | 76 |
| Scottish Friendly Asset Managers Ltd | 149,753,388 | 77 |
| Sand Aire Ltd | 126,656,323 | 78 |
| Sharefunds Ltd | 114,547,653 | 79 |
| Carvetian Capital Management Limited | 108,090,290 | 80 |
| Wesleyan Unit Trust Managers Ltd | 100,562,103 | 81 |
| Phoenix Unit Trust Managers | 88,391,040 | 82 |
| Consistent Unit Trust Management Co Ltd | 82,933,071 | 83 |
| Man Fund Management UK Limited | 41,494,446 | 84 |
| Clerical Medical | 39,081,051 | 85 |
| Orbis Investment Management (Luxembourg) SA | 38,287,732 | 86 |
| Querns Asset Managers | 14,065,043 | 87 |
| Manek Investment Management Ltd | 11,630,979 | 88 |
