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 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