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 | 61,315,490,972 | 1 |
| BlackRock Investment Management (UK) Limited | 45,615,078,388 | 2 |
| Standard Life Investments Ltd | 43,242,908,116 | 3 |
| Invesco Perpetual | 40,894,233,538 | 4 |
| Threadneedle Investment Services Ltd | 33,868,683,696 | 5 |
| BNY Mellon Fund Managers Limited | 30,023,351,276 | 6 |
| Fidelity Worldwide Investment | 28,582,927,115 | 7 |
| Henderson Global Investors | 26,923,510,493 | 8 |
| Jupiter Unit Trust Managers Limited | 26,582,363,841 | 9 |
| Legal & General (Unit Trust) Managers Limited | 22,804,434,026 | 10 |
| Schroder Unit Trusts Limited | 22,689,777,150 | 11 |
| First State Investments (UK) Ltd | 18,453,317,914 | 12 |
| Aberdeen | 17,742,362,743 | 13 |
| Capita Financial Managers Limited | 17,719,944,884 | 14 |
| Artemis Fund Managers Ltd | 15,955,638,967 | 15 |
| Aviva Investors UK Fund Services Limited | 14,929,712,086 | 16 |
| HSBC Global Asset Management (UK) Limited | 14,686,180,084 | 17 |
| J.P. Morgan Asset Management | 12,261,858,663 | 18 |
| AXA IM UK Limited | 11,990,496,659 | 19 |
| Old Mutual Investment Management Limited | 11,223,653,319 | 20 |
| Investec Asset Management Ltd | 8,644,297,350 | 21 |
| Scottish Widows Unit Trusts Managers | 8,627,185,779 | 22 |
| Fundsmith | 7,804,654,505 | 23 |
| Baillie Gifford & Co Limited | 7,202,965,639 | 24 |
| Kames Capital | 6,461,244,060 | 25 |
| BMO Global Asset Management | 6,021,642,318 | 26 |
| Hargreaves Lansdown | 5,877,989,391 | 27 |
| Fund Partners Limited | 5,061,839,713 | 28 |
| Majedie Asset Management Ltd | 4,923,517,312 | 29 |
| Royal London Unit Trust Managers Ltd | 4,851,143,261 | 30 |
| J O Hambro Capital Management Group | 4,633,575,900 | 31 |
| Premier Portfolio Managers Ltd | 4,508,407,034 | 32 |
| Marlborough Fund Managers Limited | 4,433,231,128 | 33 |
| Maitland Institutional Services Limited | 4,126,027,632 | 34 |
| Liontrust Fund Partners LLP | 3,850,861,025 | 35 |
| Barclays Asset Managers Limited | 3,657,164,889 | 36 |
| Santander Asset Management (SAM UK) | 3,442,580,158 | 37 |
| Architas Multi-Manager Limited | 3,294,668,781 | 38 |
| Close Asset Management (UK) Ltd | 3,147,514,586 | 39 |
| RLUM Ltd | 3,093,810,766 | 40 |
| Neptune Investment Management Ltd | 3,010,785,673 | 41 |
| Rathbone Unit Trust Management Limited | 2,927,600,614 | 42 |
| Virgin Money Unit Trust Managers Limited | 2,753,995,815 | 43 |
| Thesis Unit Trust Managers | 2,661,379,464 | 44 |
| Baring Fund Managers Limited | 2,597,279,268 | 45 |
| Franklin Templeton Funds | 2,526,558,505 | 46 |
| RBS Collective Investment Funds Limited | 2,361,568,237 | 47 |
| Legg Mason Investment (Funds) Limited | 2,229,164,084 | 48 |
| Investment Fund Services Limited (IFSL) | 2,176,227,763 | 49 |
| Allianz Global Investors | 1,987,591,126 | 50 |
| Smith & Williamson Investment Management | 1,834,254,506 | 51 |
| Margetts Fund Management Ltd | 1,738,702,392 | 52 |
| Lazard Fund Managers Limited | 1,691,695,420 | 53 |
| Alliance Trust Asset Management Limited | 1,598,401,109 | 54 |
| T. Bailey Fund Services Limited | 1,556,016,875 | 55 |
| Sarasin & Partners LLP | 1,516,443,552 | 56 |
| Marks & Spencer Unit Trust Managers Ltd | 1,321,734,896 | 57 |
| River & Mercantile AM | 1,314,816,275 | 58 |
| GAM | 1,100,000,309 | 59 |
| McInroy & Wood Portfolios Ltd | 1,004,558,708 | 60 |
| EdenTree Investment Management Limited | 983,651,381 | 61 |
| Morgan Stanley Investment Management Ltd | 966,042,613 | 62 |
| NFU Mutual Unit Managers Ltd | 911,209,153 | 63 |
| Unicorn Asset Management Limited | 808,606,727 | 64 |
| City Financial Investment | 579,944,891 | 65 |
| UBS Global Asset Management Funds Ltd | 500,971,338 | 66 |
| Valu-Trac Investment Management Ltd | 458,686,823 | 67 |
| Natixis Global Asset Management | 444,014,379 | 68 |
| COURTIERS Investment Services Limited | 437,844,577 | 69 |
| Omnis Investments Limited | 430,033,710 | 70 |
| MT Capital Management Limited | 404,480,268 | 71 |
| HBOS Investment Fund Managers Limited | 392,452,039 | 72 |
| SVM Asset Management Ltd | 365,230,010 | 73 |
| Host Capital Limited | 255,371,536 | 74 |
| Aberforth Unit Trust Managers Limited | 196,302,618 | 75 |
| OneFamily | 189,872,297 | 76 |
| Scottish Friendly Asset Managers Ltd | 152,547,870 | 77 |
| Sharefunds Ltd | 128,621,878 | 78 |
| Sand Aire Ltd | 128,060,007 | 79 |
| Carvetian Capital Management Limited | 118,178,981 | 80 |
| Wesleyan Unit Trust Managers Ltd | 104,086,985 | 81 |
| Phoenix Unit Trust Managers | 88,391,040 | 82 |
| Consistent Unit Trust Management Co Ltd | 86,160,246 | 83 |
| Man Fund Management UK Limited | 48,350,059 | 84 |
| Orbis Investment Management (Luxembourg) SA | 43,375,633 | 85 |
| Clerical Medical | 42,419,261 | 86 |
| Querns Asset Managers | 13,932,475 | 87 |
| Manek Investment Management Ltd | 12,327,320 | 88 |
