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 70,157,275,607 1
BlackRock Investment Management (UK) Limited 52,600,035,528 2
Invesco Perpetual 40,459,181,320 3
Threadneedle Investment Services Ltd 35,609,882,854 4
Fidelity Worldwide Investment 32,764,342,552 5
BNY Mellon Fund Managers Limited 29,961,971,542 6
Jupiter Unit Trust Managers Limited 28,709,339,423 7
Henderson Global Investors 27,559,082,945 8
Schroder Unit Trusts Limited 26,024,075,604 9
Legal & General (Unit Trust) Managers Limited 25,658,385,587 10
First State Investments (UK) Ltd 19,635,194,762 11
Capita Financial Managers Limited 19,272,358,520 12
Aviva Investors UK Fund Services Limited 19,215,376,170 13
Standard Life Investments Ltd 18,006,367,837 14
Aberdeen 17,596,178,044 15
Artemis Fund Managers Ltd 17,220,164,737 16
HSBC Global Asset Management (UK) Limited 17,153,409,184 17
Old Mutual Investment Management Limited 14,457,056,327 18
J.P. Morgan Asset Management 13,832,581,560 19
AXA IM UK Limited 12,363,714,506 20
Fundsmith 10,245,817,503 21
Investec Asset Management Ltd 8,677,652,498 22
Baillie Gifford & Co Limited 8,130,885,143 23
Kames Capital 6,951,892,013 24
Scottish Widows Unit Trusts Managers 6,640,223,746 25
BMO Global Asset Management 6,593,995,957 26
Majedie Asset Management Ltd 5,863,563,939 27
Royal London Unit Trust Managers Ltd 5,440,036,490 28
J O Hambro Capital Management Group 5,369,402,805 29
Fund Partners Limited 5,221,731,229 30
Marlborough Fund Managers Limited 5,219,130,273 31
Premier Portfolio Managers Ltd 5,206,515,528 32
Liontrust Fund Partners LLP 4,607,002,695 33
Maitland Institutional Services Limited 4,459,649,314 34
Rathbone Unit Trust Management Limited 3,724,890,471 35
Architas Multi-Manager Limited 3,712,771,603 36
RLUM Ltd 3,547,707,507 37
Santander Asset Management (SAM UK) 3,523,711,641 38
Close Asset Management (UK) Ltd 3,498,460,007 39
Neptune Investment Management Ltd 3,060,332,140 40
Virgin Money Unit Trust Managers Limited 2,965,680,525 41
Thesis Unit Trust Managers 2,930,923,043 42
Investment Fund Services Limited (IFSL) 2,733,580,085 43
Baring Fund Managers Limited 2,679,529,652 44
Franklin Templeton Funds 2,667,466,323 45
RBS Collective Investment Funds Limited 2,438,960,699 46
Allianz Global Investors 2,344,646,673 47
Alliance Trust Asset Management Limited 2,330,860,409 48
Legg Mason Investment (Funds) Limited 2,307,765,211 49
T. Bailey Fund Services Limited 1,995,149,509 50
Smith & Williamson Investment Management 1,992,574,522 51
Margetts Fund Management Ltd 1,900,653,151 52
Lazard Fund Managers Limited 1,892,692,754 53
River & Mercantile AM 1,639,824,904 54
Sarasin & Partners LLP 1,421,355,830 55
Marks & Spencer Unit Trust Managers Ltd 1,368,643,212 56
GAM 1,159,030,337 57
Morgan Stanley Investment Management Ltd 1,122,734,612 58
McInroy & Wood Portfolios Ltd 1,092,734,416 59
UBS Global Asset Management Funds Ltd 1,067,307,761 60
Hargreaves Lansdown 1,066,371,367 61
EdenTree Investment Management Limited 1,064,869,193 62
NFU Mutual Unit Managers Ltd 1,024,022,518 63
Barclays Asset Managers Limited 833,266,196 64
Unicorn Asset Management Limited 771,523,282 65
Valu-Trac Investment Management Ltd 694,962,465 66
Natixis Global Asset Management 643,253,961 67
City Financial Investment 559,366,051 68
COURTIERS Investment Services Limited 500,362,475 69
MT Capital Management Limited 420,300,521 70
Omnis Investments Limited 407,395,967 71
HBOS Investment Fund Managers Limited 406,051,182 72
SVM Asset Management Ltd 372,526,097 73
Host Capital Limited 306,886,260 74
Aberforth Unit Trust Managers Limited 239,662,064 75
Carvetian Capital Management Limited 237,692,390 76
OneFamily 209,788,563 77
Scottish Friendly Asset Managers Ltd 166,042,705 78
Sharefunds Ltd 152,807,632 79
Phoenix Unit Trust Managers 143,759,392 80
Wesleyan Unit Trust Managers Ltd 130,789,637 81
Consistent Unit Trust Management Co Ltd 76,357,290 82
Orbis Investment Management (Luxembourg) SA 56,980,913 83
Man Fund Management UK Limited 25,698,111 84
Manek Investment Management Ltd 10,406,108 85
T. Rowe Price International Limited 23,995 86
Total 667,923,602,264