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 76,572,548,352 1
BlackRock Investment Management (UK) Limited 58,463,603,141 2
Invesco Perpetual 42,657,493,134 3
Threadneedle Investment Services Ltd 38,279,744,799 4
Fidelity Worldwide Investment 34,534,113,548 5
BNY Mellon Fund Managers Limited 32,814,432,648 6
Jupiter Unit Trust Managers Limited 30,266,932,340 7
Schroder Unit Trusts Limited 29,141,105,946 8
Janus Henderson Investors 28,760,834,409 9
Legal & General (Unit Trust) Managers Limited 27,528,244,746 10
Capita Financial Managers Limited 20,455,853,666 11
Standard Life Investments Ltd 19,786,874,172 12
First State Investments (UK) Ltd 18,656,856,562 13
HSBC Global Asset Management (UK) Limited 18,444,811,742 14
Aviva Investors UK Fund Services Limited 18,377,561,734 15
Artemis Fund Managers Ltd 17,640,144,771 16
Old Mutual Investment Management Limited 17,635,318,461 17
Aberdeen 16,631,715,021 18
HBOS Investment Fund Managers Limited 13,664,760,024 19
J.P. Morgan Asset Management 13,646,341,717 20
AXA IM UK Limited 11,945,371,812 21
Fundsmith 11,908,115,272 22
Baillie Gifford & Co Limited 9,332,865,157 23
Liontrust Fund Partners LLP 7,567,167,942 24
BMO Global Asset Management 7,144,339,668 25
Investec Asset Management Ltd 6,962,689,916 26
Kames Capital 6,827,281,660 27
Fund Partners Limited 6,595,031,730 28
Scottish Widows Unit Trusts Managers 6,414,380,222 29
Majedie Asset Management Ltd 6,137,895,787 30
Royal London Unit Trust Managers Ltd 5,961,312,610 31
Premier Portfolio Managers Ltd 5,703,447,898 32
Marlborough Fund Managers Limited 5,402,115,656 33
Maitland Institutional Services Limited 5,184,723,684 34
J O Hambro Capital Management Group 5,181,413,182 35
Rathbone Unit Trust Management Limited 4,460,687,751 36
RLUM Ltd 4,009,891,047 37
Architas Multi-Manager Limited 3,889,494,718 38
Close Asset Management (UK) Ltd 3,762,140,837 39
Thesis Unit Trust Managers 3,633,758,475 40
Santander Asset Management (SAM UK) 3,513,766,057 41
Baring Fund Managers Limited 3,145,474,192 42
Investment Fund Services Limited (IFSL) 3,140,897,071 43
Virgin Money Unit Trust Managers Limited 3,028,633,003 44
Neptune Investment Management Ltd 2,982,891,527 45
Franklin Templeton Funds 2,826,488,542 46
Allianz Global Investors 2,621,128,884 47
T. Bailey Fund Services Limited 2,540,454,020 48
Smith & Williamson Investment Management 2,483,886,988 49
Legg Mason Investment (Funds) Limited 2,446,660,392 50
RBS Collective Investment Funds Limited 2,441,269,901 51
UBS Asset Management Funds Ltd 2,227,743,482 52
Margetts Fund Management Ltd 2,101,766,611 53
Lazard Fund Managers Limited 1,915,937,006 54
River & Mercantile AM 1,876,264,037 55
Sarasin & Partners LLP 1,611,684,397 56
Marks & Spencer Unit Trust Managers Ltd 1,344,073,752 57
Valu-Trac Investment Management Ltd 1,323,565,829 58
Morgan Stanley Investment Management Ltd 1,201,189,276 59
EdenTree Investment Management Limited 1,141,848,508 60
McInroy & Wood Portfolios Ltd 1,109,186,136 61
NFU Mutual Unit Managers Ltd 1,075,269,262 62
GAM 910,423,557 63
SLTM 903,000,513 64
Barclays Asset Managers Limited 830,788,813 65
Unicorn Asset Management Limited 830,274,784 66
Stonehage Fleming Investment Management Limited 747,087,621 67
Natixis Global Asset Management 727,835,417 68
Slater Investments Ltd 626,212,715 69
COURTIERS Investment Services Limited 537,612,098 70
Host Capital Limited 479,621,001 71
City Financial Investment 442,724,170 72
MT Capital Management Limited 427,134,680 73
SVM Asset Management Ltd 391,259,343 74
Omnis Investments Limited 381,212,804 75
Aberforth Unit Trust Managers Limited 277,584,666 76
Hargreaves Lansdown 259,259,219 77
Carvetian Capital Management Limited 223,083,217 78
OneFamily 215,561,453 79
Scottish Friendly Asset Managers Ltd 175,287,829 80
Wesleyan Unit Trust Managers Ltd 142,604,621 81
Consistent Unit Trust Management Co Ltd 133,992,750 82
Treasury Capital 100,791,229 83
T. Rowe Price International Limited 96,048,969 84
Orbis Investment Management (Luxembourg) SA 69,332,057 85
Man Fund Management UK Limited 26,805,596 86
Manek Investment Management Ltd 8,500,901 87
Total 719,775,875,917