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 | 70,258,035,325 | 1 |
| BlackRock Investment Management (UK) Limited | 58,754,663,491 | 2 |
| Threadneedle Investment Services Ltd | 41,209,211,816 | 3 |
| Invesco Perpetual | 40,450,529,400 | 4 |
| Fidelity Worldwide Investment | 35,306,486,753 | 5 |
| Jupiter Unit Trust Managers Limited | 31,751,498,877 | 6 |
| Schroder Unit Trusts Limited | 30,513,156,549 | 7 |
| BNY Mellon Fund Managers Limited | 30,512,416,308 | 8 |
| Legal & General (Unit Trust) Managers Limited | 30,170,103,267 | 9 |
| Janus Henderson Investors | 28,612,119,617 | 10 |
| Old Mutual Investment Management Limited | 24,095,187,521 | 11 |
| Link Fund Solutions Limited | 21,621,218,532 | 12 |
| Standard Life Investments Ltd | 21,498,129,037 | 13 |
| HSBC Global Asset Management (UK) Limited | 20,483,971,343 | 14 |
| Baillie Gifford & Co Limited | 20,237,743,270 | 15 |
| Aviva Investors UK Fund Services Limited | 19,254,799,170 | 16 |
| Artemis Fund Managers Ltd | 19,182,573,357 | 17 |
| First State Investments (UK) Ltd | 17,318,993,137 | 18 |
| Fundsmith | 16,201,445,771 | 19 |
| Aberdeen | 15,229,104,927 | 20 |
| J.P. Morgan Asset Management | 14,778,008,571 | 21 |
| AXA IM UK Limited | 11,832,193,240 | 23 |
| Scottish Widows Unit Trusts Managers | 9,817,814,428 | 24 |
| Liontrust Fund Partners LLP | 9,116,767,380 | 25 |
| Investec Asset Management Ltd | 8,982,479,828 | 26 |
| Hargreaves Lansdown | 8,020,382,571 | 27 |
| BMO Global Asset Management | 7,858,180,649 | 28 |
| Royal London Unit Trust Managers Ltd | 6,793,042,590 | 29 |
| Kames Capital | 6,791,041,766 | 30 |
| Marlborough Fund Managers Limited | 6,600,962,213 | 31 |
| FundRock Partners Limited | 6,526,182,998 | 32 |
| Premier Portfolio Managers Ltd | 6,511,619,592 | 33 |
| Majedie Asset Management Ltd | 6,069,536,269 | 34 |
| Seven Investment Management LLP | 6,058,311,008 | 35 |
| Maitland Institutional Services Limited | 5,938,175,853 | 36 |
| J O Hambro Capital Management Group | 5,514,607,209 | 37 |
| Rathbone Unit Trust Management Limited | 5,314,863,519 | 38 |
| RLUM Ltd | 4,463,065,389 | 39 |
| Architas Multi-Manager Limited | 4,240,055,646 | 40 |
| Close Asset Management (UK) Ltd | 4,179,031,023 | 41 |
| T. Bailey Fund Services Limited | 3,985,569,661 | 42 |
| Thesis Unit Trust Managers | 4,175,053,202 | 43 |
| Investment Fund Services Limited (IFSL) | 3,669,594,293 | 44 |
| Santander Asset Management (SAM UK) | 3,568,698,440 | 45 |
| Virgin Money Unit Trust Managers Limited | 3,275,960,725 | 46 |
| Baring Fund Managers Limited | 3,217,193,974 | 47 |
| Franklin Templeton Funds | 3,199,457,563 | 48 |
| Allianz Global Investors | 2,930,731,665 | 49 |
| Legg Mason Investment (Funds) Limited | 2,856,289,090 | 50 |
| Neptune Investment Management Ltd | 2,821,543,982 | 51 |
| Barclays Asset Managers Limited | 2,438,518,458 | 52 |
| RBS Collective Investment Funds Limited | 2,408,978,740 | 53 |
| Margetts Fund Management Ltd | 2,400,586,736 | 54 |
| Smith & Williamson Fund Administration | 2,784,554,270 | 55 |
| Valu-Trac Investment Management Ltd | 2,213,860,498 | 56 |
| UBS Asset Management Funds Ltd | 1,942,733,033 | 57 |
| Sarasin & Partners LLP | 1,921,220,869 | 58 |
| Lazard Fund Managers Limited | 1,902,314,983 | 59 |
| Marks & Spencer Unit Trust Managers Ltd | 1,329,788,927 | 60 |
| River & Mercantile AM | 1,327,719,396 | 61 |
| Morgan Stanley Investment Management Ltd | 1,613,618,474 | 62 |
| EdenTree Investment Management Limited | 1,298,996,770 | 63 |
| McInroy & Wood Portfolios Ltd | 1,181,792,973 | 64 |
| NFU Mutual Unit Managers Ltd | 1,155,843,159 | 65 |
| Natixis Global Asset Management | 1,024,917,249 | 66 |
| Unicorn Asset Management Limited | 928,049,295 | 67 |
| Slater Investments Ltd | 797,645,030 | 68 |
| COURTIERS Investment Services Limited | 597,646,727 | 69 |
| Castlefield | 508,806,717 | 70 |
| Stonehage Fleming Investment Management Limited | 781,302,256 | 70 |
| Host Capital Limited | 656,475,224 | 71 |
| SLTM | 625,137,910 | 72 |
| SVM Asset Management Ltd | 471,876,683 | 72 |
| HBOS Investment Fund Managers Limited | 13,727,928,855 | 73 |
| GAM | 410,108,979 | 74 |
| Omnis Investments Limited | 362,715,383 | 75 |
| City Financial Investment | 337,506,065 | 76 |
| T. Rowe Price International Limited | 269,093,495 | 77 |
| OneFamily | 231,837,060 | 78 |
| Carvetian Capital Management Limited | 215,991,879 | 79 |
| Scottish Friendly Asset Managers Ltd | 182,348,484 | 80 |
| Aberforth Unit Trust Managers Limited | 173,963,325 | 81 |
| Wesleyan Unit Trust Managers Ltd | 160,541,686 | 82 |
| Treasury Capital | 138,342,950 | 83 |
| Consistent Unit Trust Management Co Ltd | 137,719,161 | 84 |
| Orbis Investment Management (Luxembourg) SA | 117,055,429 | 85 |
| Man Fund Management UK Limited | 27,094,812 | 86 |
| Total | 762,290,581,218 |
