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: December 2023

Company Retail Funds Under Management Rank
M&G Securities Limited 66,194,609,401 1
BlackRock Investment Management (UK) Limited 49,917,485,468 2
Invesco Perpetual 39,581,836,866 3
Threadneedle Investment Services Ltd 34,246,501,292 4
Fidelity Worldwide Investment 31,427,253,009 5
BNY Mellon Fund Managers Limited 29,309,077,154 6
Jupiter Unit Trust Managers Limited 27,660,200,657 7
Henderson Global Investors 27,039,342,058 8
Legal & General (Unit Trust) Managers Limited 24,591,344,589 9
Schroder Unit Trusts Limited 24,081,675,177 10
First State Investments (UK) Ltd 18,912,178,511 11
Capita Financial Managers Limited 18,857,898,709 12
Aberdeen 17,523,960,013 13
Standard Life Investments Ltd 17,429,993,390 14
Aviva Investors UK Fund Services Limited 17,131,689,337 15
Artemis Fund Managers Ltd 16,810,435,941 16
HSBC Global Asset Management (UK) Limited 16,589,786,991 17
J.P. Morgan Asset Management 13,604,417,740 18
Old Mutual Investment Management Limited 12,959,828,565 19
AXA IM UK Limited 12,196,097,952 20
Fundsmith 9,262,302,089 21
Investec Asset Management Ltd 8,529,688,708 22
Baillie Gifford & Co Limited 7,885,565,366 23
Scottish Widows Unit Trusts Managers 7,204,597,415 24
Kames Capital 6,590,018,847 25
BMO Global Asset Management 6,341,832,204 26
Majedie Asset Management Ltd 5,759,536,953 27
Royal London Unit Trust Managers Ltd 5,183,493,971 28
J O Hambro Capital Management Group 5,099,840,986 29
Fund Partners Limited 5,001,574,835 30
Marlborough Fund Managers Limited 4,969,567,408 31
Premier Portfolio Managers Ltd 4,937,255,031 32
Liontrust Fund Partners LLP 4,232,278,694 33
Maitland Institutional Services Limited 4,215,842,643 34
Architas Multi-Manager Limited 3,530,235,080 35
Santander Asset Management (SAM UK) 3,467,318,102 36
RLUM Ltd 3,416,157,472 37
Close Asset Management (UK) Ltd 3,331,663,986 38
Rathbone Unit Trust Management Limited 3,278,013,759 39
Neptune Investment Management Ltd 3,076,424,303 40
Virgin Money Unit Trust Managers Limited 2,876,992,404 41
Thesis Unit Trust Managers 2,787,138,901 42
Franklin Templeton Funds 2,756,647,764 43
Baring Fund Managers Limited 2,644,165,092 44
Investment Fund Services Limited (IFSL) 2,512,142,161 45
RBS Collective Investment Funds Limited 2,389,026,233 46
Legg Mason Investment (Funds) Limited 2,274,721,535 47
Hargreaves Lansdown 2,249,543,199 48
Allianz Global Investors 2,191,375,233 49
Smith & Williamson Investment Management 1,937,004,804 50
Lazard Fund Managers Limited 1,870,715,740 51
T. Bailey Fund Services Limited 1,856,242,077 52
Margetts Fund Management Ltd 1,830,660,991 53
Alliance Trust Asset Management Limited 1,659,164,054 54
River & Mercantile AM 1,515,538,774 55
Sarasin & Partners LLP 1,384,200,251 56
Marks & Spencer Unit Trust Managers Ltd 1,326,009,203 57
GAM 1,150,575,761 58
Morgan Stanley Investment Management Ltd 1,077,400,197 59
McInroy & Wood Portfolios Ltd 1,042,154,256 60
UBS Global Asset Management Funds Ltd 1,038,662,183 61
EdenTree Investment Management Limited 1,031,093,419 62
NFU Mutual Unit Managers Ltd 977,162,106 63
Barclays Asset Managers Limited 827,366,357 64
Unicorn Asset Management Limited 775,884,850 65
Natixis Global Asset Management 626,736,953 66
Valu-Trac Investment Management Ltd 598,418,177 67
City Financial Investment 539,588,314 68
COURTIERS Investment Services Limited 477,691,547 69
MT Capital Management Limited 415,750,916 70
Omnis Investments Limited 411,755,253 71
HBOS Investment Fund Managers Limited 402,566,121 72
SVM Asset Management Ltd 362,630,418 73
Host Capital Limited 285,571,984 74
Carvetian Capital Management Limited 237,652,121 75
Aberforth Unit Trust Managers Limited 207,610,688 76
OneFamily 203,623,250 77
Scottish Friendly Asset Managers Ltd 158,266,209 78
Sharefunds Ltd 146,450,385 79
Phoenix Unit Trust Managers 143,759,392 80
Wesleyan Unit Trust Managers Ltd 124,677,084 81
Consistent Unit Trust Management Co Ltd 86,963,115 82
Orbis Investment Management (Luxembourg) SA 52,251,891 83
Man Fund Management UK Limited 37,124,605 84
Querns Asset Managers 13,983,676 85
Manek Investment Management Ltd 10,866,799 86
Total 646,523,587,249