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 66,194,609,401 1
BlackRock Investment Management (UK) Limited 49,976,171,903 2
Invesco Perpetual 39,581,836,866 3
Threadneedle Investment Services Ltd 34,246,501,292 4
Fidelity Worldwide Investment 31,427,253,009 5
BNY Mellon Fund Managers Limited 29,309,077,154 6
Jupiter Unit Trust Managers Limited 27,660,200,657 7
Henderson Global Investors 27,039,342,058 8
Legal & General (Unit Trust) Managers Limited 25,280,923,545 9
Schroder Unit Trusts Limited 24,669,348,854 10
Capita Financial Managers Limited 18,969,634,016 11
First State Investments (UK) Ltd 18,912,178,511 12
Aberdeen 17,523,960,013 13
Standard Life Investments Ltd 17,429,993,390 14
Aviva Investors UK Fund Services Limited 17,131,689,337 15
Artemis Fund Managers Ltd 16,810,435,941 16
HSBC Global Asset Management (UK) Limited 16,589,786,991 17
Old Mutual Investment Management Limited 13,694,088,885 18
HBOS Investment Fund Managers Limited 13,619,594,070 19
J.P. Morgan Asset Management 13,604,417,740 20
AXA IM UK Limited 12,196,097,952 21
Fundsmith 9,262,302,089 22
Investec Asset Management Ltd 8,529,688,708 23
Baillie Gifford & Co Limited 7,885,565,366 24
Scottish Widows Unit Trusts Managers 7,204,597,415 25
Kames Capital 6,590,018,847 26
BMO Global Asset Management 6,341,832,204 27
Majedie Asset Management Ltd 5,759,536,953 28
Royal London Unit Trust Managers Ltd 5,183,493,971 29
J O Hambro Capital Management Group 5,099,840,986 30
Fund Partners Limited 5,001,574,835 31
Marlborough Fund Managers Limited 4,969,567,408 32
Premier Portfolio Managers Ltd 4,937,255,031 33
Maitland Institutional Services Limited 4,233,948,574 34
Liontrust Fund Partners LLP 4,232,278,694 35
Architas Multi-Manager Limited 3,530,235,080 36
Santander Asset Management (SAM UK) 3,467,318,102 37
Rathbone Unit Trust Management Limited 3,440,347,077 38
RLUM Ltd 3,416,157,472 39
Close Asset Management (UK) Ltd 3,331,663,986 40
Thesis Unit Trust Managers 3,273,720,181 41
Neptune Investment Management Ltd 3,079,933,768 42
Virgin Money Unit Trust Managers Limited 2,876,992,404 43
Franklin Templeton Funds 2,756,647,764 44
Baring Fund Managers Limited 2,644,165,092 45
Investment Fund Services Limited (IFSL) 2,540,458,651 46
RBS Collective Investment Funds Limited 2,389,026,233 47
Legg Mason Investment (Funds) Limited 2,274,721,535 48
Hargreaves Lansdown 2,249,543,199 49
Allianz Global Investors 2,191,375,233 50
Smith & Williamson Investment Management 2,155,247,921 51
Lazard Fund Managers Limited 1,870,715,740 52
T. Bailey Fund Services Limited 1,856,242,077 53
Margetts Fund Management Ltd 1,830,660,991 54
Alliance Trust Asset Management Limited 1,659,164,054 55
River & Mercantile AM 1,515,538,774 56
Sarasin & Partners LLP 1,384,200,251 57
Marks & Spencer Unit Trust Managers Ltd 1,326,009,203 58
GAM 1,150,575,761 59
Morgan Stanley Investment Management Ltd 1,077,400,197 60
SLTM 1,045,470,721 61
McInroy & Wood Portfolios Ltd 1,042,154,256 62
UBS Global Asset Management Funds Ltd 1,038,662,183 63
EdenTree Investment Management Limited 1,031,093,419 64
NFU Mutual Unit Managers Ltd 977,162,106 65
Barclays Asset Managers Limited 827,366,357 66
Unicorn Asset Management Limited 775,884,850 67
Natixis Global Asset Management 626,736,953 68
Valu-Trac Investment Management Ltd 613,783,207 69
City Financial Investment 539,588,314 70
COURTIERS Investment Services Limited 477,691,547 71
Host Capital Limited 449,933,186 72
MT Capital Management Limited 415,750,916 73
Omnis Investments Limited 411,755,253 74
SVM Asset Management Ltd 362,630,418 75
Stonehage Fleming Investment Management Limited 360,064,695 76
Phoenix Unit Trust Managers 278,302,523 77
Carvetian Capital Management Limited 237,652,121 78
Aberforth Unit Trust Managers Limited 207,610,688 79
OneFamily 203,623,250 80
Scottish Friendly Asset Managers Ltd 158,266,209 81
Sharefunds Ltd 146,450,385 82
Wesleyan Unit Trust Managers Ltd 124,677,084 83
Consistent Unit Trust Management Co Ltd 86,963,115 84
Orbis Investment Management (Luxembourg) SA 52,251,891 85
Man Fund Management UK Limited 37,124,605 86
Querns Asset Managers 13,983,676 87
Manek Investment Management Ltd 10,866,799 88
Total 664,427,910,265