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 70,343,291,744 1
BlackRock Investment Management (UK) Limited 53,565,527,748 2
Invesco Perpetual 40,519,341,517 3
Threadneedle Investment Services Ltd 37,109,257,010 4
Fidelity Worldwide Investment 33,151,365,145 5
BNY Mellon Fund Managers Limited 29,711,059,538 6
Jupiter Unit Trust Managers Limited 29,067,329,095 7
Henderson Global Investors 27,778,987,995 8
Schroder Unit Trusts Limited 26,639,093,596 9
Legal & General (Unit Trust) Managers Limited 26,508,086,140 10
Capita Financial Managers Limited 19,572,017,366 11
Aviva Investors UK Fund Services Limited 19,254,076,777 12
First State Investments (UK) Ltd 19,116,006,916 13
Standard Life Investments Ltd 17,935,801,371 14
Aberdeen 17,371,290,103 15
Artemis Fund Managers Ltd 17,352,413,599 16
HSBC Global Asset Management (UK) Limited 17,139,187,478 17
Old Mutual Investment Management Limited 15,699,549,482 18
HBOS Investment Fund Managers Limited 13,715,080,006 19
J.P. Morgan Asset Management 13,618,226,302 20
AXA IM UK Limited 12,440,215,389 21
Fundsmith 10,446,143,688 22
Baillie Gifford & Co Limited 8,729,940,879 23
Investec Asset Management Ltd 8,641,504,751 24
Liontrust Fund Partners LLP 7,090,100,503 25
Kames Capital 6,902,483,553 26
BMO Global Asset Management 6,630,291,792 27
Scottish Widows Unit Trusts Managers 6,594,196,264 28
Majedie Asset Management Ltd 5,890,769,837 29
Royal London Unit Trust Managers Ltd 5,577,626,694 30
Marlborough Fund Managers Limited 5,529,019,257 31
Fund Partners Limited 5,410,741,162 32
J O Hambro Capital Management Group 5,360,678,928 33
Premier Portfolio Managers Ltd 5,346,925,798 34
Maitland Institutional Services Limited 4,601,541,304 35
Rathbone Unit Trust Management Limited 3,964,511,271 36
Architas Multi-Manager Limited 3,722,819,362 37
RLUM Ltd 3,576,824,405 38
Close Asset Management (UK) Ltd 3,538,419,618 39
Santander Asset Management (SAM UK) 3,528,629,088 40
Thesis Unit Trust Managers 3,474,320,286 41
Neptune Investment Management Ltd 3,044,116,463 42
Virgin Money Unit Trust Managers Limited 2,962,475,750 43
Investment Fund Services Limited (IFSL) 2,809,805,147 44
Baring Fund Managers Limited 2,800,849,924 45
Franklin Templeton Funds 2,721,983,332 46
RBS Collective Investment Funds Limited 2,435,310,922 47
Allianz Global Investors 2,370,225,783 48
Smith & Williamson Investment Management 2,248,852,794 49
Legg Mason Investment (Funds) Limited 2,248,061,478 50
T. Bailey Fund Services Limited 2,063,379,511 51
Margetts Fund Management Ltd 1,910,549,857 52
Lazard Fund Managers Limited 1,874,436,624 53
River & Mercantile AM 1,690,562,784 54
UBS Global Asset Management Funds Ltd 1,666,753,568 55
Sarasin & Partners LLP 1,358,604,769 56
Marks & Spencer Unit Trust Managers Ltd 1,355,335,236 57
McInroy & Wood Portfolios Ltd 1,088,395,573 58
Morgan Stanley Investment Management Ltd 1,087,546,295 59
EdenTree Investment Management Limited 1,079,663,438 60
GAM 1,063,533,641 61
NFU Mutual Unit Managers Ltd 1,021,425,458 62
SLTM 980,179,812 63
Barclays Asset Managers Limited 844,156,794 64
Unicorn Asset Management Limited 822,492,877 65
Valu-Trac Investment Management Ltd 817,616,564 66
Natixis Global Asset Management 648,986,904 67
City Financial Investment 573,424,236 68
COURTIERS Investment Services Limited 508,878,450 69
Host Capital Limited 477,557,932 70
MT Capital Management Limited 421,473,503 71
Omnis Investments Limited 401,884,354 72
SVM Asset Management Ltd 386,761,963 73
Stonehage Fleming Investment Management Limited 331,168,038 74
Phoenix Unit Trust Managers 278,302,523 75
Aberforth Unit Trust Managers Limited 261,456,631 76
Hargreaves Lansdown 250,831,307 77
Carvetian Capital Management Limited 228,832,194 78
OneFamily 207,250,169 79
Sharefunds Ltd 179,978,309 80
Scottish Friendly Asset Managers Ltd 169,933,382 81
Consistent Unit Trust Management Co Ltd 134,513,587 82
Wesleyan Unit Trust Managers Ltd 131,138,073 83
Orbis Investment Management (Luxembourg) SA 58,198,960 84
Man Fund Management UK Limited 24,861,941 85
Manek Investment Management Ltd 10,212,028 86
T. Rowe Price International Limited 60,162 87
Total 688,691,825,353