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: November 2023
| Company | Retail Funds Under Management | Rank |
|---|---|---|
| M&G Securities Limited | 70,343,291,744 | 1 |
| BlackRock Investment Management (UK) Limited | 53,503,061,974 | 2 |
| Invesco Perpetual | 40,519,341,517 | 3 |
| Threadneedle Investment Services Ltd | 37,109,257,010 | 4 |
| Fidelity Worldwide Investment | 33,151,365,145 | 5 |
| BNY Mellon Fund Managers Limited | 29,711,059,538 | 6 |
| Jupiter Unit Trust Managers Limited | 29,067,329,095 | 7 |
| Henderson Global Investors | 27,778,987,995 | 8 |
| Schroder Unit Trusts Limited | 26,043,143,782 | 9 |
| Legal & General (Unit Trust) Managers Limited | 25,891,278,641 | 10 |
| Capita Financial Managers Limited | 19,462,213,109 | 11 |
| Aviva Investors UK Fund Services Limited | 19,254,076,777 | 12 |
| First State Investments (UK) Ltd | 19,116,006,916 | 13 |
| Standard Life Investments Ltd | 17,935,801,371 | 14 |
| Aberdeen | 17,371,290,103 | 15 |
| Artemis Fund Managers Ltd | 17,352,413,599 | 16 |
| HSBC Global Asset Management (UK) Limited | 17,139,187,478 | 17 |
| Old Mutual Investment Management Limited | 14,976,062,638 | 18 |
| J.P. Morgan Asset Management | 13,618,226,302 | 19 |
| AXA IM UK Limited | 12,440,215,389 | 20 |
| Fundsmith | 10,446,143,688 | 21 |
| Baillie Gifford & Co Limited | 8,729,940,879 | 22 |
| Investec Asset Management Ltd | 8,641,504,751 | 23 |
| Liontrust Fund Partners LLP | 7,090,100,503 | 24 |
| Kames Capital | 6,902,483,553 | 25 |
| BMO Global Asset Management | 6,630,291,792 | 26 |
| Scottish Widows Unit Trusts Managers | 6,594,196,264 | 27 |
| Majedie Asset Management Ltd | 5,890,769,837 | 28 |
| Royal London Unit Trust Managers Ltd | 5,577,626,694 | 29 |
| Marlborough Fund Managers Limited | 5,529,019,257 | 30 |
| Fund Partners Limited | 5,410,741,162 | 31 |
| J O Hambro Capital Management Group | 5,360,678,928 | 32 |
| Premier Portfolio Managers Ltd | 5,346,925,798 | 33 |
| Maitland Institutional Services Limited | 4,583,424,244 | 34 |
| Rathbone Unit Trust Management Limited | 3,794,844,943 | 35 |
| Architas Multi-Manager Limited | 3,722,819,362 | 36 |
| RLUM Ltd | 3,576,824,405 | 37 |
| Close Asset Management (UK) Ltd | 3,538,419,618 | 38 |
| Santander Asset Management (SAM UK) | 3,528,629,088 | 39 |
| Neptune Investment Management Ltd | 3,043,512,264 | 40 |
| Thesis Unit Trust Managers | 2,974,954,369 | 41 |
| Virgin Money Unit Trust Managers Limited | 2,962,475,750 | 42 |
| Baring Fund Managers Limited | 2,800,849,924 | 43 |
| Investment Fund Services Limited (IFSL) | 2,779,526,493 | 44 |
| Franklin Templeton Funds | 2,721,983,332 | 45 |
| RBS Collective Investment Funds Limited | 2,435,310,922 | 46 |
| Allianz Global Investors | 2,370,225,783 | 47 |
| Legg Mason Investment (Funds) Limited | 2,248,061,478 | 48 |
| T. Bailey Fund Services Limited | 2,063,379,511 | 49 |
| Smith & Williamson Investment Management | 2,005,057,957 | 50 |
| Margetts Fund Management Ltd | 1,910,549,857 | 51 |
| Lazard Fund Managers Limited | 1,874,436,624 | 52 |
| River & Mercantile AM | 1,690,562,784 | 53 |
| UBS Global Asset Management Funds Ltd | 1,666,753,568 | 54 |
| Sarasin & Partners LLP | 1,358,604,769 | 55 |
| Marks & Spencer Unit Trust Managers Ltd | 1,355,335,236 | 56 |
| McInroy & Wood Portfolios Ltd | 1,088,395,573 | 57 |
| Morgan Stanley Investment Management Ltd | 1,087,546,295 | 58 |
| EdenTree Investment Management Limited | 1,079,663,438 | 59 |
| GAM | 1,063,533,641 | 60 |
| NFU Mutual Unit Managers Ltd | 1,021,425,458 | 61 |
| Barclays Asset Managers Limited | 844,156,794 | 62 |
| Unicorn Asset Management Limited | 822,492,877 | 63 |
| Valu-Trac Investment Management Ltd | 801,043,920 | 64 |
| Natixis Global Asset Management | 648,986,904 | 65 |
| City Financial Investment | 573,424,236 | 66 |
| COURTIERS Investment Services Limited | 508,878,450 | 67 |
| MT Capital Management Limited | 421,473,503 | 68 |
| HBOS Investment Fund Managers Limited | 405,969,268 | 69 |
| Omnis Investments Limited | 401,884,354 | 70 |
| SVM Asset Management Ltd | 386,761,963 | 71 |
| Host Capital Limited | 309,074,178 | 72 |
| Aberforth Unit Trust Managers Limited | 261,456,631 | 73 |
| Hargreaves Lansdown | 250,831,307 | 74 |
| Carvetian Capital Management Limited | 228,832,194 | 75 |
| OneFamily | 207,250,169 | 76 |
| Sharefunds Ltd | 179,978,309 | 77 |
| Scottish Friendly Asset Managers Ltd | 169,933,382 | 78 |
| Phoenix Unit Trust Managers | 143,759,392 | 79 |
| Consistent Unit Trust Management Co Ltd | 134,513,587 | 80 |
| Wesleyan Unit Trust Managers Ltd | 131,138,073 | 81 |
| Orbis Investment Management (Luxembourg) SA | 58,198,960 | 82 |
| Man Fund Management UK Limited | 24,861,941 | 83 |
| Manek Investment Management Ltd | 10,212,028 | 84 |
| T. Rowe Price International Limited | 60,162 | 85 |
| Total | 670,814,897,204 |
