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 | 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 |
