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 | 64,097,491,683 | 1 |
| BlackRock Investment Management (UK) Limited | 57,256,482,259 | 2 |
| Invesco | 36,644,291,389 | 3 |
| Threadneedle Investment Services Ltd | 34,519,348,513 | 4 |
| Fidelity Worldwide Investment | 33,494,078,616 | 5 |
| Legal & General (Unit Trust) Managers Limited | 29,998,475,257 | 6 |
| Jupiter Unit Trust Managers Limited | 29,679,655,281 | 7 |
| BNY Mellon Fund Managers Limited | 28,697,324,518 | 8 |
| Schroder Unit Trusts Limited | 27,863,637,895 | 9 |
| Janus Henderson Investors | 26,347,517,865 | 10 |
| Quilter Investors Limited | 22,367,226,224 | 11 |
| Link Fund Solutions Limited | 20,949,961,761 | 12 |
| Standard Life Investments Ltd | 19,772,674,348 | 13 |
| HSBC Global Asset Management (UK) Limited | 19,599,572,928 | 14 |
| Baillie Gifford & Co Limited | 19,549,202,212 | 15 |
| Aviva Investors UK Fund Services Limited | 17,996,399,795 | 16 |
| Artemis Fund Managers Ltd | 17,745,858,724 | 17 |
| Fundsmith | 16,223,104,023 | 18 |
| First State Investments (UK) Ltd | 15,950,025,870 | 19 |
| J.P. Morgan Asset Management | 13,908,078,806 | 20 |
| Aberdeen Standard Fund Managers Limited | 12,980,207,307 | 21 |
| AXA IM UK Limited | 10,724,857,276 | 22 |
| Scottish Widows Unit Trusts Managers | 9,243,168,270 | 23 |
| Liontrust Fund Partners LLP | 9,111,529,994 | 24 |
| Investec Asset Management Ltd | 8,428,277,174 | 25 |
| BMO Global Asset Management | 8,104,487,919 | 26 |
| Hargreaves Lansdown | 7,520,216,693 | 27 |
| Royal London Unit Trust Managers Ltd | 6,938,213,343 | 28 |
| Kames Capital | 6,530,443,204 | 29 |
| Premier Portfolio Managers Ltd | 6,305,236,552 | 30 |
| Marlborough Fund Managers Limited | 6,061,555,279 | 31 |
| Maitland Institutional Services Limited | 5,734,337,108 | 32 |
| Seven Investment Management LLP | 5,673,108,109 | 33 |
| Majedie Asset Management Ltd | 5,518,358,702 | 34 |
| J O Hambro Capital Management Group | 5,080,311,301 | 35 |
| Rathbone Unit Trust Management Limited | 4,988,411,610 | 36 |
| FundRock Partners Limited | 4,688,844,822 | 37 |
| RLUM Ltd | 4,258,214,271 | 38 |
| Close Asset Management (UK) Ltd | 4,129,780,684 | 39 |
| Architas Multi-Manager Limited | 4,118,300,373 | 40 |
| T. Bailey Fund Services Limited | 3,946,896,165 | 41 |
| Thesis Unit Trust Managers | 3,558,194,808 | 42 |
| Investment Fund Services Limited (IFSL) | 3,534,331,861 | 43 |
| Virgin Money Unit Trust Managers Limited | 2,969,036,504 | 44 |
| Allianz Global Investors | 2,957,195,700 | 45 |
| Franklin Templeton Funds | 2,947,747,181 | 46 |
| Santander Asset Management (SAM UK) | 2,892,701,763 | 47 |
| Baring Fund Managers Limited | 2,824,417,209 | 48 |
| Legg Mason Investment (Funds) Limited | 2,640,329,021 | 49 |
| Neptune Investment Management Ltd | 2,449,121,036 | 50 |
| Margetts Fund Management Ltd | 2,326,058,929 | 51 |
| Smith & Williamson Fund Administration | 2,318,509,053 | 52 |
| RBS Collective Investment Funds Limited | 2,249,819,285 | 53 |
| Barclays Asset Managers Limited | 2,219,199,098 | 54 |
| Valu-Trac Investment Management Ltd | 2,215,774,715 | 55 |
| UBS Asset Management Funds Ltd | 1,863,424,863 | 56 |
| Sarasin & Partners LLP | 1,859,797,559 | 57 |
| Lazard Fund Managers Limited | 1,722,765,487 | 58 |
| Morgan Stanley Investment Management Ltd | 1,317,052,342 | 59 |
| EdenTree Investment Management Limited | 1,246,149,999 | 60 |
| Marks & Spencer Unit Trust Managers Ltd | 1,242,095,524 | 61 |
| McInroy & Wood Portfolios Ltd | 1,122,888,289 | 62 |
| NFU Mutual Unit Managers Ltd | 1,101,808,311 | 63 |
| River & Mercantile AM | 1,097,286,920 | 64 |
| Natixis Global Asset Management | 987,204,697 | 65 |
| Unicorn Asset Management Limited | 791,150,861 | 66 |
| Slater Investments Ltd | 721,565,439 | 67 |
| COURTIERS Asset Management Limited | 592,372,893 | 68 |
| WAY Fund Managers | 570,723,893 | 69 |
| Castlefield | 562,754,454 | 70 |
| TIME Investments | 512,694,771 | 71 |
| Host Capital Limited | 487,703,955 | 72 |
| Omnis Investments Limited | 460,346,629 | 73 |
| SVM Asset Management Ltd | 450,420,985 | 74 |
| HBOS Investment Fund Managers Limited | 443,665,194 | 75 |
| GAM | 312,251,083 | 76 |
| City Financial Investment | 306,836,832 | 77 |
| T. Rowe Price International Limited | 269,964,608 | 78 |
| OneFamily | 218,690,577 | 79 |
| Carvetian Capital Management Limited | 213,494,704 | 80 |
| Scottish Friendly Asset Managers Ltd | 181,927,582 | 81 |
| Aberforth Unit Trust Managers Limited | 161,015,962 | 82 |
| Wesleyan Unit Trust Managers Ltd | 153,828,630 | 83 |
| Treasury Capital | 130,105,058 | 84 |
| Consistent Unit Trust Management Co Ltd | 124,364,743 | 85 |
| Orbis Investment Management (Luxembourg) SA | 118,576,253 | 86 |
| Man Fund Management UK Limited | 22,391,328 | 87 |
| Total | 696,616,220,091 |
