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 81,551,402,373 1
BlackRock Investment Management (UK) Limited 60,138,313,084 2
Invesco Perpetual 42,930,492,042 3
Threadneedle Investment Services Ltd 39,503,735,807 4
Fidelity Worldwide Investment 35,866,644,871 5
BNY Mellon Fund Managers Limited 33,705,848,049 6
Jupiter Unit Trust Managers Limited 31,218,713,489 7
Janus Henderson Investors 29,472,535,932 8
Schroder Unit Trusts Limited 29,407,842,162 9
Legal & General (Unit Trust) Managers Limited 28,373,868,668 10
Capita Financial Managers Limited 21,026,132,061 11
Standard Life Investments Ltd 19,595,035,651 12
Aviva Investors UK Fund Services Limited 19,468,367,256 13
HSBC Global Asset Management (UK) Limited 19,186,221,095 14
Old Mutual Investment Management Limited 19,061,208,826 15
First State Investments (UK) Ltd 18,719,336,371 16
Artemis Fund Managers Ltd 18,320,820,829 17
Aberdeen 16,540,421,331 18
J.P. Morgan Asset Management 14,350,463,504 19
Baillie Gifford & Co Limited 13,580,733,729 20
Fundsmith 13,425,756,281 21
AXA IM UK Limited 11,882,111,274 22
Investec Asset Management Ltd 9,362,651,849 23
Liontrust Fund Partners LLP 8,325,935,540 24
BMO Global Asset Management 7,715,342,223 25
Kames Capital 6,867,213,634 26
Fund Partners Limited 6,754,209,906 27
Scottish Widows Unit Trusts Managers 6,392,583,993 28
Royal London Unit Trust Managers Ltd 6,389,078,358 29
Majedie Asset Management Ltd 6,157,400,568 30
Premier Portfolio Managers Ltd 6,054,211,976 31
Seven Investment Management LLP 6,012,063,647 32
Marlborough Fund Managers Limited 5,890,856,954 33
J O Hambro Capital Management Group 5,452,961,433 34
Maitland Institutional Services Limited 5,444,651,592 35
Rathbone Unit Trust Management Limited 4,616,152,817 36
RLUM Ltd 4,212,566,102 37
Architas Multi-Manager Limited 4,082,278,912 38
Close Asset Management (UK) Ltd 3,952,822,307 39
Santander Asset Management (SAM UK) 3,604,883,781 40
Thesis Unit Trust Managers 3,468,846,364 41
Investment Fund Services Limited (IFSL) 3,427,697,437 42
Baring Fund Managers Limited 3,279,850,067 43
T. Bailey Fund Services Limited 3,203,334,162 44
Virgin Money Unit Trust Managers Limited 3,202,107,037 45
Neptune Investment Management Ltd 3,020,616,965 46
Franklin Templeton Funds 2,953,698,740 47
Allianz Global Investors 2,792,386,836 48
Legg Mason Investment (Funds) Limited 2,690,838,586 49
RBS Collective Investment Funds Limited 2,477,281,289 50
Margetts Fund Management Ltd 2,410,073,882 51
UBS Asset Management Funds Ltd 2,326,328,529 52
Smith & Williamson Investment Management 2,314,295,943 53
River & Mercantile AM 2,067,614,921 54
Lazard Fund Managers Limited 1,990,669,142 55
Sarasin & Partners LLP 1,651,119,266 56
Valu-Trac Investment Management Ltd 1,460,277,404 57
Marks & Spencer Unit Trust Managers Ltd 1,369,024,024 58
Morgan Stanley Investment Management Ltd 1,242,881,342 59
EdenTree Investment Management Limited 1,182,559,679 60
McInroy & Wood Portfolios Ltd 1,139,228,520 61
NFU Mutual Unit Managers Ltd 1,138,828,284 62
Unicorn Asset Management Limited 905,323,395 63
GAM 844,967,618 64
Barclays Asset Managers Limited 837,996,171 65
Natixis Global Asset Management 804,223,805 66
Slater Investments Ltd 671,634,069 67
COURTIERS Investment Services Limited 559,951,273 68
MT Capital Management Limited 437,559,915 69
HBOS Investment Fund Managers Limited 426,338,627 70
SVM Asset Management Ltd 416,560,254 71
City Financial Investment 401,606,252 72
Omnis Investments Limited 382,112,073 73
Host Capital Limited 336,671,099 74
Hargreaves Lansdown 267,987,583 75
Aberforth Unit Trust Managers Limited 248,961,608 76
Carvetian Capital Management Limited 228,969,752 77
OneFamily 224,309,437 78
Scottish Friendly Asset Managers Ltd 180,379,199 79
Wesleyan Unit Trust Managers Ltd 151,162,667 80
Consistent Unit Trust Management Co Ltd 136,361,104 81
T. Rowe Price International Limited 133,270,665 82
Treasury Capital 106,889,590 83
Orbis Investment Management (Luxembourg) SA 79,034,381 84
Man Fund Management UK Limited 28,057,045 85
Total 735,186,459,929