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 70,157,275,607 1
BlackRock Investment Management (UK) Limited 52,661,843,026 2
Invesco Perpetual 40,459,181,320 3
Threadneedle Investment Services Ltd 35,609,882,854 4
Fidelity Worldwide Investment 32,764,342,552 5
BNY Mellon Fund Managers Limited 29,961,971,542 6
Jupiter Unit Trust Managers Limited 28,709,339,423 7
Henderson Global Investors 27,559,082,945 8
Schroder Unit Trusts Limited 26,626,432,604 9
Legal & General (Unit Trust) Managers Limited 26,283,593,738 10
First State Investments (UK) Ltd 19,635,194,762 11
Capita Financial Managers Limited 19,381,926,650 12
Aviva Investors UK Fund Services Limited 19,215,376,170 13
Standard Life Investments Ltd 18,006,367,837 14
Aberdeen 17,596,178,044 15
Artemis Fund Managers Ltd 17,220,164,737 16
HSBC Global Asset Management (UK) Limited 17,153,409,184 17
Old Mutual Investment Management Limited 15,189,563,797 18
HBOS Investment Fund Managers Limited 13,853,155,254 19
J.P. Morgan Asset Management 13,832,581,560 20
AXA IM UK Limited 12,363,714,506 21
Fundsmith 10,245,817,503 22
Investec Asset Management Ltd 8,677,652,498 23
Baillie Gifford & Co Limited 8,130,885,143 24
Kames Capital 6,951,892,013 25
Scottish Widows Unit Trusts Managers 6,640,223,746 26
BMO Global Asset Management 6,593,995,957 27
Majedie Asset Management Ltd 5,863,563,939 28
Royal London Unit Trust Managers Ltd 5,440,036,490 29
J O Hambro Capital Management Group 5,369,402,805 30
Fund Partners Limited 5,221,731,229 31
Marlborough Fund Managers Limited 5,219,130,273 32
Premier Portfolio Managers Ltd 5,206,515,528 33
Liontrust Fund Partners LLP 4,607,002,695 34
Maitland Institutional Services Limited 4,478,161,566 35
Rathbone Unit Trust Management Limited 3,894,007,965 36
Architas Multi-Manager Limited 3,712,771,603 37
RLUM Ltd 3,547,707,507 38
Santander Asset Management (SAM UK) 3,523,711,641 39
Close Asset Management (UK) Ltd 3,498,460,007 40
Thesis Unit Trust Managers 3,426,264,796 41
Neptune Investment Management Ltd 3,062,288,713 42
Virgin Money Unit Trust Managers Limited 2,965,680,525 43
Investment Fund Services Limited (IFSL) 2,762,872,620 44
Baring Fund Managers Limited 2,679,529,652 45
Franklin Templeton Funds 2,667,466,323 46
RBS Collective Investment Funds Limited 2,438,960,699 47
Allianz Global Investors 2,344,646,673 48
Alliance Trust Asset Management Limited 2,330,860,409 49
Legg Mason Investment (Funds) Limited 2,307,765,211 50
Smith & Williamson Investment Management 2,231,684,653 51
T. Bailey Fund Services Limited 1,995,149,509 52
Margetts Fund Management Ltd 1,900,653,151 53
Lazard Fund Managers Limited 1,892,692,754 54
River & Mercantile AM 1,639,824,904 55
Sarasin & Partners LLP 1,421,355,830 56
Marks & Spencer Unit Trust Managers Ltd 1,368,643,212 57
GAM 1,159,030,337 58
Morgan Stanley Investment Management Ltd 1,122,734,612 59
McInroy & Wood Portfolios Ltd 1,092,734,416 60
UBS Global Asset Management Funds Ltd 1,067,307,761 61
Hargreaves Lansdown 1,066,371,367 62
EdenTree Investment Management Limited 1,064,869,193 63
NFU Mutual Unit Managers Ltd 1,024,022,518 64
SLTM 975,744,035 65
Barclays Asset Managers Limited 833,266,196 66
Unicorn Asset Management Limited 771,523,282 67
Valu-Trac Investment Management Ltd 711,488,091 68
Natixis Global Asset Management 643,253,961 69
City Financial Investment 559,366,051 70
COURTIERS Investment Services Limited 500,362,475 71
Host Capital Limited 474,702,014 72
MT Capital Management Limited 420,300,521 73
Omnis Investments Limited 407,395,967 74
Stonehage Fleming Investment Management Limited 372,623,325 75
SVM Asset Management Ltd 372,526,097 76
Phoenix Unit Trust Managers 278,302,523 77
Aberforth Unit Trust Managers Limited 239,662,064 78
Carvetian Capital Management Limited 237,692,390 79
OneFamily 209,788,563 80
Scottish Friendly Asset Managers Ltd 166,042,705 81
Sharefunds Ltd 152,807,632 82
Wesleyan Unit Trust Managers Ltd 130,789,637 83
Consistent Unit Trust Management Co Ltd 76,357,290 84
Orbis Investment Management (Luxembourg) SA 56,980,913 85
Man Fund Management UK Limited 25,698,111 86
Manek Investment Management Ltd 10,406,108 87
T. Rowe Price International Limited 23,995 88
Total 685,989,911,716