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 61,315,490,972 1
BlackRock Investment Management (UK) Limited 45,668,917,366 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 23,710,917,481 10
Schroder Unit Trusts Limited 23,234,098,977 11
First State Investments (UK) Ltd 18,453,317,914 12
Capita Financial Managers Limited 17,834,204,698 13
Aberdeen 17,742,362,743 14
Artemis Fund Managers Ltd 15,955,638,967 15
HBOS Investment Fund Managers Limited 15,648,832,442 16
Aviva Investors UK Fund Services Limited 14,929,712,086 17
HSBC Global Asset Management (UK) Limited 14,686,180,084 18
J.P. Morgan Asset Management 12,261,858,663 19
AXA IM UK Limited 11,990,496,659 20
Old Mutual Investment Management Limited 11,935,156,122 21
Investec Asset Management Ltd 8,644,297,350 22
Scottish Widows Unit Trusts Managers 8,627,185,779 23
Fundsmith 7,804,654,505 24
Baillie Gifford & Co Limited 7,202,965,639 25
Kames Capital 6,461,244,060 26
BMO Global Asset Management 6,021,642,318 27
Hargreaves Lansdown 5,877,989,391 28
Fund Partners Limited 5,061,839,713 29
Majedie Asset Management Ltd 4,923,517,312 30
Royal London Unit Trust Managers Ltd 4,851,143,261 31
J O Hambro Capital Management Group 4,633,575,900 32
Premier Portfolio Managers Ltd 4,508,407,034 33
Marlborough Fund Managers Limited 4,433,231,128 34
Maitland Institutional Services Limited 4,145,077,908 35
Liontrust Fund Partners LLP 3,850,861,025 36
Barclays Asset Managers Limited 3,657,164,889 37
Santander Asset Management (SAM UK) 3,442,580,158 38
Architas Multi-Manager Limited 3,294,668,781 39
Close Asset Management (UK) Ltd 3,147,514,586 40
Thesis Unit Trust Managers 3,104,939,253 41
RLUM Ltd 3,093,810,766 42
Rathbone Unit Trust Management Limited 3,033,985,931 43
Neptune Investment Management Ltd 3,012,152,152 44
Virgin Money Unit Trust Managers Limited 2,753,995,815 45
Baring Fund Managers Limited 2,597,279,268 46
Franklin Templeton Funds 2,526,558,505 47
RBS Collective Investment Funds Limited 2,361,568,237 48
Legg Mason Investment (Funds) Limited 2,229,164,084 49
Investment Fund Services Limited (IFSL) 2,202,943,992 50
Smith & Williamson Investment Management 2,023,163,264 51
Allianz Global Investors 1,987,591,126 52
Margetts Fund Management Ltd 1,738,702,392 53
Lazard Fund Managers Limited 1,691,695,420 54
Alliance Trust Asset Management Limited 1,598,401,109 55
T. Bailey Fund Services Limited 1,556,016,875 56
Sarasin & Partners LLP 1,516,443,552 57
Marks & Spencer Unit Trust Managers Ltd 1,321,734,896 58
River & Mercantile AM 1,314,816,275 59
GAM 1,100,000,309 60
SLTM 1,091,936,483 61
McInroy & Wood Portfolios Ltd 1,004,558,708 62
EdenTree Investment Management Limited 983,651,381 63
Morgan Stanley Investment Management Ltd 966,042,613 64
NFU Mutual Unit Managers Ltd 911,209,153 65
Unicorn Asset Management Limited 808,606,727 66
City Financial Investment 579,944,891 67
UBS Global Asset Management Funds Ltd 500,971,338 68
Valu-Trac Investment Management Ltd 472,236,496 69
Natixis Global Asset Management 444,014,379 70
COURTIERS Investment Services Limited 437,844,577 71
Omnis Investments Limited 430,033,710 72
Host Capital Limited 422,908,432 73
MT Capital Management Limited 404,480,268 74
Stonehage Fleming Investment Management Limited 394,428,183 75
SVM Asset Management Ltd 365,230,010 76
Phoenix Unit Trust Managers 222,934,171 77
Aberforth Unit Trust Managers Limited 196,302,618 78
OneFamily 189,872,297 79
Scottish Friendly Asset Managers Ltd 152,547,870 80
Sharefunds Ltd 128,621,878 81
Sand Aire Ltd 128,060,007 82
Carvetian Capital Management Limited 118,178,981 83
Wesleyan Unit Trust Managers Ltd 104,086,985 84
Consistent Unit Trust Management Co Ltd 86,160,246 85
Man Fund Management UK Limited 48,350,059 86
Orbis Investment Management (Luxembourg) SA 43,375,633 87
Clerical Medical 42,419,261 88
Querns Asset Managers 13,932,475 89
Manek Investment Management Ltd 12,327,320 90