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: October 2023

Company Retail Funds Under Management Rank
M&G Securities Limited 64,941,744,117 1
BlackRock Investment Management (UK) Limited 49,393,951,058 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 24,984,648,802 9
Schroder Unit Trusts Limited 24,302,624,231 10
Capita Financial Managers Limited 18,823,380,873 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
HBOS Investment Fund Managers Limited 13,649,546,774 18
Old Mutual Investment Management Limited 13,459,315,880 19
J.P. Morgan Asset Management 13,457,852,908 20
AXA IM UK Limited 12,192,526,032 21
Scottish Widows Unit Trusts Managers 9,707,292,619 22
Fundsmith 9,116,447,487 23
Investec Asset Management Ltd 8,468,962,434 24
Baillie Gifford & Co Limited 7,683,597,510 25
Kames Capital 6,639,277,109 26
BMO Global Asset Management 6,455,728,052 27
Majedie Asset Management Ltd 5,678,369,857 28
Royal London Unit Trust Managers Ltd 5,138,182,256 29
J O Hambro Capital Management Group 5,109,466,458 30
Fund Partners Limited 4,928,846,548 31
Premier Portfolio Managers Ltd 4,892,482,700 32
Marlborough Fund Managers Limited 4,830,209,958 33
Liontrust Fund Partners LLP 4,157,017,406 34
Maitland Institutional Services Limited 4,139,230,158 35
Architas Multi-Manager Limited 3,509,348,391 36
Santander Asset Management (SAM UK) 3,501,955,913 37
RLUM Ltd 3,408,875,985 38
Rathbone Unit Trust Management Limited 3,381,591,749 39
Close Asset Management (UK) Ltd 3,286,980,703 40
Thesis Unit Trust Managers 3,250,418,765 41
Neptune Investment Management Ltd 3,063,316,349 42
Virgin Money Unit Trust Managers Limited 2,899,599,460 43
Franklin Templeton Funds 2,744,509,447 44
Baring Fund Managers Limited 2,552,914,626 45
Investment Fund Services Limited (IFSL) 2,479,887,562 46
RBS Collective Investment Funds Limited 2,395,580,537 47
Legg Mason Investment (Funds) Limited 2,292,208,333 48
Allianz Global Investors 2,178,726,875 49
Smith & Williamson Investment Management 2,135,349,388 50
Hargreaves Lansdown 2,010,246,248 51
Lazard Fund Managers Limited 1,854,076,438 52
T. Bailey Fund Services Limited 1,811,316,977 53
Margetts Fund Management Ltd 1,810,263,707 54
Alliance Trust Asset Management Limited 1,640,593,521 55
River & Mercantile AM 1,461,499,440 56
Sarasin & Partners LLP 1,378,147,590 57
Marks & Spencer Unit Trust Managers Ltd 1,333,970,030 58
GAM 1,166,530,444 59
Morgan Stanley Investment Management Ltd 1,085,815,596 60
EdenTree Investment Management Limited 1,045,442,609 61
McInroy & Wood Portfolios Ltd 1,041,774,449 62
SLTM 1,026,490,798 63
NFU Mutual Unit Managers Ltd 973,858,319 64
Barclays Asset Managers Limited 834,089,926 65
Unicorn Asset Management Limited 788,357,131 66
Natixis Global Asset Management 619,861,701 67
Valu-Trac Investment Management Ltd 578,179,494 68
City Financial Investment 541,898,296 69
COURTIERS Investment Services Limited 476,251,074 70
UBS Global Asset Management Funds Ltd 446,294,643 71
Host Capital Limited 431,583,114 72
Omnis Investments Limited 413,401,987 73
MT Capital Management Limited 407,566,882 74
Stonehage Fleming Investment Management Limited 395,944,720 75
SVM Asset Management Ltd 365,577,143 76
Phoenix Unit Trust Managers 278,302,523 77
Carvetian Capital Management Limited 239,680,456 78
OneFamily 202,957,394 79
Aberforth Unit Trust Managers Limited 201,992,928 80
Scottish Friendly Asset Managers Ltd 158,653,979 81
Sharefunds Ltd 142,122,497 82
Wesleyan Unit Trust Managers Ltd 123,256,978 83
Consistent Unit Trust Management Co Ltd 86,679,396 84
Orbis Investment Management (Luxembourg) SA 51,567,644 85
Man Fund Management UK Limited 48,978,047 86
Querns Asset Managers 13,999,030 87
Manek Investment Management Ltd 11,020,712 88
Total 662,138,801,242