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 | 76,572,548,352 | 1 |
| BlackRock Investment Management (UK) Limited | 58,398,805,762 | 2 |
| Invesco Perpetual | 42,657,493,134 | 3 |
| Threadneedle Investment Services Ltd | 38,279,744,799 | 4 |
| Fidelity Worldwide Investment | 34,534,113,548 | 5 |
| BNY Mellon Fund Managers Limited | 32,814,432,648 | 6 |
| Jupiter Unit Trust Managers Limited | 30,266,932,340 | 7 |
| Janus Henderson Investors | 28,760,834,409 | 8 |
| Schroder Unit Trusts Limited | 28,531,218,004 | 9 |
| Legal & General (Unit Trust) Managers Limited | 27,053,123,563 | 10 |
| Capita Financial Managers Limited | 20,348,955,433 | 11 |
| Standard Life Investments Ltd | 19,786,874,172 | 12 |
| First State Investments (UK) Ltd | 18,656,856,562 | 13 |
| HSBC Global Asset Management (UK) Limited | 18,444,811,742 | 14 |
| Aviva Investors UK Fund Services Limited | 18,377,561,734 | 15 |
| Artemis Fund Managers Ltd | 17,640,144,771 | 16 |
| Old Mutual Investment Management Limited | 17,066,029,350 | 17 |
| Aberdeen | 16,631,715,021 | 18 |
| J.P. Morgan Asset Management | 13,646,341,717 | 19 |
| AXA IM UK Limited | 11,945,371,812 | 20 |
| Fundsmith | 11,908,115,272 | 21 |
| Baillie Gifford & Co Limited | 9,332,865,157 | 22 |
| Liontrust Fund Partners LLP | 7,567,167,942 | 23 |
| BMO Global Asset Management | 7,144,339,668 | 24 |
| Investec Asset Management Ltd | 6,962,689,916 | 25 |
| Kames Capital | 6,827,281,660 | 26 |
| Fund Partners Limited | 6,595,031,730 | 27 |
| Scottish Widows Unit Trusts Managers | 6,414,380,222 | 28 |
| Majedie Asset Management Ltd | 6,137,895,787 | 29 |
| Royal London Unit Trust Managers Ltd | 5,961,312,610 | 30 |
| Premier Portfolio Managers Ltd | 5,703,447,898 | 31 |
| Marlborough Fund Managers Limited | 5,402,115,656 | 32 |
| J O Hambro Capital Management Group | 5,181,413,182 | 33 |
| Maitland Institutional Services Limited | 5,163,917,280 | 34 |
| Rathbone Unit Trust Management Limited | 4,283,877,890 | 35 |
| RLUM Ltd | 4,009,891,047 | 36 |
| Architas Multi-Manager Limited | 3,889,494,718 | 37 |
| Close Asset Management (UK) Ltd | 3,762,140,837 | 38 |
| Santander Asset Management (SAM UK) | 3,513,766,057 | 39 |
| Thesis Unit Trust Managers | 3,222,030,032 | 40 |
| Baring Fund Managers Limited | 3,145,474,192 | 41 |
| Investment Fund Services Limited (IFSL) | 3,103,915,405 | 42 |
| Virgin Money Unit Trust Managers Limited | 3,028,633,003 | 43 |
| Neptune Investment Management Ltd | 2,982,891,527 | 44 |
| Franklin Templeton Funds | 2,826,488,542 | 45 |
| Allianz Global Investors | 2,621,128,884 | 46 |
| T. Bailey Fund Services Limited | 2,540,454,020 | 47 |
| Legg Mason Investment (Funds) Limited | 2,446,660,392 | 48 |
| RBS Collective Investment Funds Limited | 2,441,269,901 | 49 |
| UBS Asset Management Funds Ltd | 2,227,743,482 | 50 |
| Smith & Williamson Investment Management | 2,178,491,303 | 51 |
| Margetts Fund Management Ltd | 2,101,766,611 | 52 |
| Lazard Fund Managers Limited | 1,915,937,006 | 53 |
| River & Mercantile AM | 1,876,264,037 | 54 |
| Sarasin & Partners LLP | 1,611,684,397 | 55 |
| Marks & Spencer Unit Trust Managers Ltd | 1,344,073,752 | 56 |
| Valu-Trac Investment Management Ltd | 1,300,065,039 | 57 |
| Morgan Stanley Investment Management Ltd | 1,201,189,276 | 58 |
| EdenTree Investment Management Limited | 1,141,848,508 | 59 |
| McInroy & Wood Portfolios Ltd | 1,109,186,136 | 60 |
| NFU Mutual Unit Managers Ltd | 1,075,269,262 | 61 |
| GAM | 910,423,557 | 62 |
| Barclays Asset Managers Limited | 830,788,813 | 63 |
| Unicorn Asset Management Limited | 830,274,784 | 64 |
| Natixis Global Asset Management | 727,835,417 | 65 |
| Slater Investments Ltd | 626,212,715 | 66 |
| COURTIERS Investment Services Limited | 537,612,098 | 67 |
| City Financial Investment | 442,724,170 | 68 |
| MT Capital Management Limited | 427,134,680 | 69 |
| HBOS Investment Fund Managers Limited | 412,673,925 | 70 |
| SVM Asset Management Ltd | 391,259,343 | 71 |
| Omnis Investments Limited | 381,212,804 | 72 |
| Host Capital Limited | 313,476,277 | 73 |
| Aberforth Unit Trust Managers Limited | 277,584,666 | 74 |
| Hargreaves Lansdown | 259,259,219 | 75 |
| Carvetian Capital Management Limited | 223,083,217 | 76 |
| OneFamily | 215,561,453 | 77 |
| Scottish Friendly Asset Managers Ltd | 175,287,829 | 78 |
| Wesleyan Unit Trust Managers Ltd | 142,604,621 | 79 |
| Consistent Unit Trust Management Co Ltd | 133,992,750 | 80 |
| Treasury Capital | 100,791,229 | 81 |
| T. Rowe Price International Limited | 96,048,969 | 82 |
| Orbis Investment Management (Luxembourg) SA | 69,332,057 | 83 |
| Man Fund Management UK Limited | 26,805,596 | 84 |
| Manek Investment Management Ltd | 8,500,901 | 85 |
| Total | 702,039,878,433 |
