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 68,410,544,260 1
BlackRock Investment Management (UK) Limited 51,092,386,884 2
Invesco Perpetual 40,123,400,657 3
Threadneedle Investment Services Ltd 35,122,001,255 4
Fidelity Worldwide Investment 32,218,212,105 5
BNY Mellon Fund Managers Limited 30,082,278,573 6
Jupiter Unit Trust Managers Limited 28,239,620,675 7
Henderson Global Investors 27,445,874,894 8
Legal & General (Unit Trust) Managers Limited 25,333,605,302 9
Schroder Unit Trusts Limited 24,903,778,558 10
First State Investments (UK) Ltd 19,462,027,061 11
Capita Financial Managers Limited 19,142,348,286 12
Aviva Investors UK Fund Services Limited 18,734,107,958 13
Standard Life Investments Ltd 17,558,166,488 14
Aberdeen 17,529,056,645 15
Artemis Fund Managers Ltd 17,071,594,307 16
HSBC Global Asset Management (UK) Limited 16,862,409,303 17
Old Mutual Investment Management Limited 13,948,157,472 18
J.P. Morgan Asset Management 13,804,307,819 19
AXA IM UK Limited 12,403,061,056 20
Fundsmith 9,826,222,128 21
Investec Asset Management Ltd 8,654,224,595 22
Baillie Gifford & Co Limited 7,970,543,487 23
Kames Capital 6,676,856,960 24
Scottish Widows Unit Trusts Managers 6,629,933,502 25
BMO Global Asset Management 6,531,412,954 26
Majedie Asset Management Ltd 5,804,564,427 27
Royal London Unit Trust Managers Ltd 5,338,791,154 28
J O Hambro Capital Management Group 5,266,458,646 29
Fund Partners Limited 5,117,367,586 30
Marlborough Fund Managers Limited 5,100,878,882 31
Premier Portfolio Managers Ltd 5,065,535,351 32
Liontrust Fund Partners LLP 4,508,751,066 33
Maitland Institutional Services Limited 4,319,952,926 34
Architas Multi-Manager Limited 3,654,171,652 35
Rathbone Unit Trust Management Limited 3,631,152,309 36
Santander Asset Management (SAM UK) 3,505,683,128 37
RLUM Ltd 3,501,058,496 38
Close Asset Management (UK) Ltd 3,427,671,502 39
Neptune Investment Management Ltd 3,066,869,514 40
Virgin Money Unit Trust Managers Limited 2,958,740,868 41
Thesis Unit Trust Managers 2,891,255,516 42
Franklin Templeton Funds 2,674,208,990 43
Investment Fund Services Limited (IFSL) 2,654,562,320 44
Baring Fund Managers Limited 2,580,359,621 45
RBS Collective Investment Funds Limited 2,429,663,722 46
Legg Mason Investment (Funds) Limited 2,341,484,015 47
Allianz Global Investors 2,288,331,945 48
Smith & Williamson Investment Management 1,964,279,626 49
Lazard Fund Managers Limited 1,962,630,254 50
T. Bailey Fund Services Limited 1,946,668,164 51
Margetts Fund Management Ltd 1,874,059,730 52
Alliance Trust Asset Management Limited 1,700,426,868 53
River & Mercantile AM 1,587,727,347 54
Sarasin & Partners LLP 1,413,445,826 55
Marks & Spencer Unit Trust Managers Ltd 1,353,690,065 56
Hargreaves Lansdown 1,293,499,646 57
GAM 1,139,535,889 58
Morgan Stanley Investment Management Ltd 1,115,059,309 59
McInroy & Wood Portfolios Ltd 1,077,607,407 60
UBS Global Asset Management Funds Ltd 1,062,328,685 61
EdenTree Investment Management Limited 1,047,968,289 62
NFU Mutual Unit Managers Ltd 1,001,457,588 63
Barclays Asset Managers Limited 838,354,100 64
Unicorn Asset Management Limited 773,942,517 65
Valu-Trac Investment Management Ltd 657,321,390 66
Natixis Global Asset Management 632,491,844 67
City Financial Investment 542,300,237 68
COURTIERS Investment Services Limited 493,772,036 69
MT Capital Management Limited 422,701,089 70
Omnis Investments Limited 414,022,746 71
HBOS Investment Fund Managers Limited 404,475,483 72
SVM Asset Management Ltd 373,014,926 73
Host Capital Limited 290,588,956 74
Carvetian Capital Management Limited 243,177,646 75
Aberforth Unit Trust Managers Limited 230,865,283 76
OneFamily 208,646,799 77
Scottish Friendly Asset Managers Ltd 162,644,780 78
Sharefunds Ltd 152,807,632 79
Phoenix Unit Trust Managers 143,759,392 80
Wesleyan Unit Trust Managers Ltd 128,124,930 81
Consistent Unit Trust Management Co Ltd 89,066,019 82
Orbis Investment Management (Luxembourg) SA 55,313,458 83
Man Fund Management UK Limited 24,749,767 84
Querns Asset Managers 14,277,469 85
Manek Investment Management Ltd 10,675,431 86
T. Rowe Price International Limited 23,910 87