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 | 81,816,417,377 | 1 |
| BlackRock Investment Management (UK) Limited | 60,458,462,448 | 2 |
| Invesco Perpetual | 42,341,537,535 | 3 |
| Threadneedle Investment Services Ltd | 40,558,938,875 | 4 |
| Fidelity Worldwide Investment | 35,908,895,342 | 5 |
| BNY Mellon Fund Managers Limited | 32,202,837,517 | 6 |
| Jupiter Unit Trust Managers Limited | 31,264,081,225 | 7 |
| Janus Henderson Investors | 29,606,907,303 | 8 |
| Schroder Unit Trusts Limited | 29,492,183,431 | 9 |
| Legal & General (Unit Trust) Managers Limited | 28,460,433,391 | 10 |
| Link Fund Solutions Limited | 21,000,556,067 | 11 |
| Standard Life Investments Ltd | 20,453,710,608 | 12 |
| Aviva Investors UK Fund Services Limited | 19,716,400,714 | 13 |
| Old Mutual Investment Management Limited | 19,477,708,842 | 14 |
| HSBC Global Asset Management (UK) Limited | 19,212,352,139 | 15 |
| Artemis Fund Managers Ltd | 18,399,222,904 | 16 |
| Baillie Gifford & Co Limited | 18,383,765,020 | 17 |
| First State Investments (UK) Ltd | 18,251,462,344 | 18 |
| Aberdeen | 16,447,523,266 | 19 |
| J.P. Morgan Asset Management | 14,573,037,286 | 20 |
| Fundsmith | 13,973,216,194 | 21 |
| AXA IM UK Limited | 11,841,277,024 | 22 |
| Investec Asset Management Ltd | 9,366,982,197 | 23 |
| Liontrust Fund Partners LLP | 8,283,660,079 | 24 |
| BMO Global Asset Management | 7,798,927,410 | 25 |
| Fund Partners Limited | 6,951,607,768 | 26 |
| Kames Capital | 6,813,770,239 | 27 |
| Royal London Unit Trust Managers Ltd | 6,428,378,766 | 28 |
| Scottish Widows Unit Trusts Managers | 6,307,009,231 | 29 |
| Premier Portfolio Managers Ltd | 6,083,417,968 | 30 |
| Majedie Asset Management Ltd | 6,073,078,765 | 31 |
| Seven Investment Management LLP | 6,025,694,162 | 32 |
| Marlborough Fund Managers Limited | 5,981,897,089 | 33 |
| Maitland Institutional Services Limited | 5,433,805,079 | 34 |
| J O Hambro Capital Management Group | 5,331,143,707 | 35 |
| Rathbone Unit Trust Management Limited | 4,733,804,697 | 36 |
| RLUM Ltd | 4,200,458,509 | 37 |
| Architas Multi-Manager Limited | 4,092,478,283 | 38 |
| Close Asset Management (UK) Ltd | 3,992,351,021 | 39 |
| Santander Asset Management (SAM UK) | 3,530,761,190 | 40 |
| Thesis Unit Trust Managers | 3,494,205,978 | 41 |
| Investment Fund Services Limited (IFSL) | 3,481,375,065 | 42 |
| Baring Fund Managers Limited | 3,266,060,112 | 43 |
| T. Bailey Fund Services Limited | 3,227,476,111 | 44 |
| Virgin Money Unit Trust Managers Limited | 3,140,557,424 | 45 |
| Neptune Investment Management Ltd | 3,035,216,390 | 46 |
| Franklin Templeton Funds | 2,986,901,152 | 47 |
| Allianz Global Investors | 2,795,238,465 | 48 |
| Legg Mason Investment (Funds) Limited | 2,714,561,791 | 49 |
| RBS Collective Investment Funds Limited | 2,462,184,061 | 50 |
| Margetts Fund Management Ltd | 2,441,573,788 | 51 |
| UBS Asset Management Funds Ltd | 2,361,345,915 | 52 |
| Smith & Williamson Fund Administration | 2,227,393,373 | 53 |
| Lazard Fund Managers Limited | 2,029,731,870 | 54 |
| River & Mercantile AM | 1,870,071,544 | 55 |
| Sarasin & Partners LLP | 1,617,011,451 | 56 |
| Valu-Trac Investment Management Ltd | 1,500,947,206 | 57 |
| Marks & Spencer Unit Trust Managers Ltd | 1,357,347,843 | 58 |
| Morgan Stanley Investment Management Ltd | 1,241,820,230 | 59 |
| EdenTree Investment Management Limited | 1,175,597,170 | 60 |
| NFU Mutual Unit Managers Ltd | 1,125,015,856 | 61 |
| McInroy & Wood Portfolios Ltd | 1,123,292,963 | 62 |
| Unicorn Asset Management Limited | 900,937,671 | 63 |
| Natixis Global Asset Management | 836,546,573 | 64 |
| Barclays Asset Managers Limited | 826,602,256 | 65 |
| GAM | 768,267,565 | 66 |
| Slater Investments Ltd | 685,213,350 | 67 |
| COURTIERS Investment Services Limited | 567,278,107 | 68 |
| MT Capital Management Limited | 445,163,985 | 69 |
| HBOS Investment Fund Managers Limited | 427,962,364 | 70 |
| SVM Asset Management Ltd | 418,208,416 | 71 |
| City Financial Investment | 401,754,165 | 72 |
| Omnis Investments Limited | 377,152,895 | 73 |
| Host Capital Limited | 337,978,962 | 74 |
| Hargreaves Lansdown | 260,901,286 | 75 |
| Aberforth Unit Trust Managers Limited | 245,252,658 | 76 |
| Carvetian Capital Management Limited | 224,574,698 | 77 |
| OneFamily | 222,819,089 | 78 |
| Scottish Friendly Asset Managers Ltd | 185,972,064 | 79 |
| Wesleyan Unit Trust Managers Ltd | 151,691,817 | 80 |
| T. Rowe Price International Limited | 150,539,045 | 81 |
| Consistent Unit Trust Management Co Ltd | 133,966,825 | 82 |
| Treasury Capital | 107,220,290 | 83 |
| Orbis Investment Management (Luxembourg) SA | 86,893,070 | 84 |
| Man Fund Management UK Limited | 28,693,892 | 85 |
| Total | 741,340,249,522 |
