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 77,325,333,946 1
BlackRock Investment Management (UK) Limited 56,362,229,675 2
Invesco Perpetual 42,867,127,512 3
Threadneedle Investment Services Ltd 38,647,857,981 4
Fidelity Worldwide Investment 34,764,798,548 5
BNY Mellon Fund Managers Limited 33,422,958,377 6
Jupiter Unit Trust Managers Limited 30,303,391,615 7
Janus Henderson Investors 28,939,240,365 8
Schroder Unit Trusts Limited 28,554,094,712 9
Legal & General (Unit Trust) Managers Limited 27,230,107,932 10
Capita Financial Managers Limited 20,341,329,341 11
Standard Life Investments Ltd 19,937,970,049 12
First State Investments (UK) Ltd 19,792,372,803 13
Aviva Investors UK Fund Services Limited 18,653,248,720 14
HSBC Global Asset Management (UK) Limited 18,331,659,307 15
Artemis Fund Managers Ltd 17,667,361,109 16
Aberdeen 16,995,951,533 17
Old Mutual Investment Management Limited 16,912,347,868 18
J.P. Morgan Asset Management 13,927,013,346 19
AXA IM UK Limited 12,238,262,445 20
Fundsmith 12,124,234,257 21
Baillie Gifford & Co Limited 9,500,980,358 22
Investec Asset Management Ltd 8,813,339,027 23
Liontrust Fund Partners LLP 7,502,626,426 24
BMO Global Asset Management 7,121,679,783 25
Kames Capital 6,901,849,139 26
Fund Partners Limited 6,585,818,225 27
Scottish Widows Unit Trusts Managers 6,395,370,357 28
Majedie Asset Management Ltd 6,144,906,991 29
Royal London Unit Trust Managers Ltd 5,670,598,867 30
Premier Portfolio Managers Ltd 5,638,235,759 31
Marlborough Fund Managers Limited 5,340,860,442 32
Maitland Institutional Services Limited 5,150,878,988 33
J O Hambro Capital Management Group 4,872,965,472 34
Rathbone Unit Trust Management Limited 4,277,385,419 35
RLUM Ltd 4,028,654,183 36
Architas Multi-Manager Limited 3,921,820,315 37
Close Asset Management (UK) Ltd 3,768,634,090 38
Santander Asset Management (SAM UK) 3,546,906,928 39
Thesis Unit Trust Managers 3,211,413,017 40
Baring Fund Managers Limited 3,132,095,102 41
Virgin Money Unit Trust Managers Limited 3,093,086,440 42
Investment Fund Services Limited (IFSL) 3,060,116,689 43
Neptune Investment Management Ltd 3,009,017,328 44
Franklin Templeton Funds 2,768,504,200 45
Allianz Global Investors 2,673,075,159 46
RBS Collective Investment Funds Limited 2,484,316,720 47
Legg Mason Investment (Funds) Limited 2,465,691,917 48
UBS Asset Management Funds Ltd 2,282,027,513 49
T. Bailey Fund Services Limited 2,262,521,471 50
Smith & Williamson Investment Management 2,182,347,387 51
Margetts Fund Management Ltd 2,117,383,852 52
Lazard Fund Managers Limited 1,980,749,574 53
River & Mercantile AM 1,852,703,359 54
Sarasin & Partners LLP 1,503,238,104 55
Marks & Spencer Unit Trust Managers Ltd 1,368,276,062 56
Valu-Trac Investment Management Ltd 1,266,481,368 57
EdenTree Investment Management Limited 1,133,123,076 58
McInroy & Wood Portfolios Ltd 1,129,865,128 59
Morgan Stanley Investment Management Ltd 1,127,394,271 60
NFU Mutual Unit Managers Ltd 1,058,639,037 61
GAM 958,455,800 62
Barclays Asset Managers Limited 841,625,306 63
Unicorn Asset Management Limited 819,130,229 64
Natixis Global Asset Management 722,383,567 65
Slater Investments Ltd 629,350,726 66
COURTIERS Investment Services Limited 536,071,381 67
City Financial Investment 445,574,197 68
MT Capital Management Limited 432,211,733 69
HBOS Investment Fund Managers Limited 407,987,335 70
SVM Asset Management Ltd 391,890,390 71
Omnis Investments Limited 391,398,886 72
Host Capital Limited 328,604,500 73
Aberforth Unit Trust Managers Limited 269,818,101 74
Hargreaves Lansdown 258,144,017 75
Carvetian Capital Management Limited 228,584,226 76
OneFamily 217,271,568 77
Scottish Friendly Asset Managers Ltd 173,037,820 78
Wesleyan Unit Trust Managers Ltd 140,565,793 79
Consistent Unit Trust Management Co Ltd 137,998,345 80
Treasury Capital 100,497,842 81
T. Rowe Price International Limited 86,668,981 82
Orbis Investment Management (Luxembourg) SA 69,057,462 83
Man Fund Management UK Limited 27,712,158 84
Manek Investment Management Ltd 9,077,460 85
Total 705,023,786,386