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 62,454,833,972 1
BlackRock Investment Management (UK) Limited 47,789,538,177 2
Invesco Perpetual 39,662,309,784 3
Threadneedle Investment Services Ltd 33,435,990,657 4
Fidelity Worldwide Investment 30,052,198,423 5
BNY Mellon Fund Managers Limited 29,207,906,851 6
Henderson Global Investors 26,667,906,124 7
Jupiter Unit Trust Managers Limited 26,634,991,657 8
Legal & General (Unit Trust) Managers Limited 24,097,770,803 9
Schroder Unit Trusts Limited 23,594,046,993 10
Capita Financial Managers Limited 18,455,217,427 11
First State Investments (UK) Ltd 18,454,199,173 12
Standard Life Investments Ltd 17,183,666,000 13
Aberdeen 17,177,990,899 14
Aviva Investors UK Fund Services Limited 16,812,930,297 15
HSBC Global Asset Management (UK) Limited 16,142,448,087 16
Artemis Fund Managers Ltd 16,118,375,678 17
HBOS Investment Fund Managers Limited 13,294,981,372 18
J.P. Morgan Asset Management 12,974,552,067 19
Old Mutual Investment Management Limited 12,943,223,619 20
AXA IM UK Limited 11,654,733,440 21
Scottish Widows Unit Trusts Managers 9,458,638,932 22
Fundsmith 8,736,982,931 23
Baillie Gifford & Co Limited 7,558,013,950 24
Kames Capital 6,620,436,637 25
Investec Asset Management Ltd 6,390,875,815 26
BMO Global Asset Management 6,316,339,131 27
Majedie Asset Management Ltd 5,367,534,663 28
Royal London Unit Trust Managers Ltd 4,983,381,306 29
Fund Partners Limited 4,926,293,539 30
J O Hambro Capital Management Group 4,870,761,288 31
Hargreaves Lansdown 4,862,123,009 32
Premier Portfolio Managers Ltd 4,758,815,602 33
Marlborough Fund Managers Limited 4,652,748,081 34
Maitland Institutional Services Limited 4,107,816,864 35
Liontrust Fund Partners LLP 3,941,466,897 36
Santander Asset Management (SAM UK) 3,416,129,514 37
Architas Multi-Manager Limited 3,397,229,353 38
Rathbone Unit Trust Management Limited 3,273,855,041 39
Close Asset Management (UK) Ltd 3,229,079,441 40
Thesis Unit Trust Managers 3,153,229,886 41
RLUM Ltd 3,114,777,990 42
Neptune Investment Management Ltd 2,974,104,094 43
Virgin Money Unit Trust Managers Limited 2,771,802,948 44
Franklin Templeton Funds 2,649,728,911 45
Baring Fund Managers Limited 2,479,655,979 46
Investment Fund Services Limited (IFSL) 2,360,122,572 47
RBS Collective Investment Funds Limited 2,342,299,112 48
Legg Mason Investment (Funds) Limited 2,274,355,499 49
Allianz Global Investors 2,102,024,945 50
Smith & Williamson Investment Management 2,081,469,148 51
Lazard Fund Managers Limited 1,802,455,027 52
Margetts Fund Management Ltd 1,753,712,760 53
T. Bailey Fund Services Limited 1,739,456,291 54
Alliance Trust Asset Management Limited 1,606,474,859 55
Sarasin & Partners LLP 1,328,512,765 56
River & Mercantile AM 1,322,738,344 57
Marks & Spencer Unit Trust Managers Ltd 1,292,712,667 58
GAM 1,081,570,273 59
Morgan Stanley Investment Management Ltd 1,067,999,200 60
SLTM 1,067,723,847 61
McInroy & Wood Portfolios Ltd 1,014,921,556 62
EdenTree Investment Management Limited 1,005,256,439 63
NFU Mutual Unit Managers Ltd 934,758,041 64
Barclays Asset Managers Limited 816,734,172 65
Unicorn Asset Management Limited 771,342,992 66
Valu-Trac Investment Management Ltd 539,852,988 67
City Financial Investment 528,698,293 68
Natixis Global Asset Management 516,970,129 69
COURTIERS Investment Services Limited 456,059,305 70
UBS Global Asset Management Funds Ltd 440,133,969 71
Host Capital Limited 420,801,211 72
Omnis Investments Limited 409,057,975 73
MT Capital Management Limited 400,109,294 74
Stonehage Fleming Investment Management Limited 381,777,941 75
SVM Asset Management Ltd 354,557,333 76
Phoenix Unit Trust Managers 278,302,523 77
Carvetian Capital Management Limited 232,818,488 78
OneFamily 194,522,415 79
Aberforth Unit Trust Managers Limited 188,887,114 80
Scottish Friendly Asset Managers Ltd 153,247,292 81
Sharefunds Ltd 137,721,044 82
Wesleyan Unit Trust Managers Ltd 116,767,144 83
Consistent Unit Trust Management Co Ltd 84,368,809 84
Orbis Investment Management (Luxembourg) SA 48,920,808 85
Man Fund Management UK Limited 48,547,068 86
Querns Asset Managers 13,526,755 87
Manek Investment Management Ltd 11,077,954 88