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 | 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 |
