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
BlackRock Investment Management (UK) Limited 57,105,447,680 1
M&G Securities Limited 48,174,537,117 2
Invesco 35,177,518,518 3
Fidelity Worldwide Investment 33,380,826,766 4
Legal & General (Unit Trust) Managers Limited 31,884,432,473 5
Aberdeen Standard Fund Managers Limited 31,288,737,627 6
Jupiter Unit Trust Managers Limited 28,212,069,037 7
Threadneedle Investment Services Ltd 27,551,114,893 8
Schroder Unit Trusts Limited 27,400,514,108 9
BNY Mellon Fund Managers Limited 26,809,256,729 10
Janus Henderson Investors 25,011,174,257 11
Quilter Investors Limited 22,100,791,208 12
Link Fund Solutions Limited 21,703,393,179 13
Baillie Gifford & Co Limited 19,947,793,267 14
HSBC Global Asset Management (UK) Limited 19,723,963,240 15
Aviva Investors UK Fund Services Limited 17,980,479,010 16
Artemis Fund Managers Ltd 17,130,704,523 17
Fundsmith 16,600,035,120 18
First State Investments (UK) Ltd 15,561,111,418 19
J.P. Morgan Asset Management 13,763,640,220 20
AXA IM UK Limited 10,674,880,228 21
Liontrust Fund Partners LLP 9,523,840,231 22
Scottish Widows Unit Trusts Managers 9,119,261,470 23
Investec Asset Management Ltd 8,579,468,199 24
BMO Global Asset Management 7,617,458,829 25
Hargreaves Lansdown 7,419,982,907 26
Royal London Unit Trust Managers Ltd 7,165,107,112 27
Premier Portfolio Managers Ltd 6,336,571,305 28
Marlborough Fund Managers Limited 5,924,448,416 29
Kames Capital 5,799,490,279 30
Maitland Institutional Services Limited 5,730,966,205 31
Seven Investment Management LLP 5,509,100,559 32
Majedie Asset Management Ltd 5,338,959,562 33
J O Hambro Capital Management Group 5,109,910,048 34
Rathbone Unit Trust Management Limited 4,977,862,912 35
FundRock Partners Limited 4,483,357,633 36
RLUM Ltd 4,257,231,627 37
Architas Multi-Manager Limited 4,186,895,866 38
Close Asset Management (UK) Ltd 4,150,301,171 39
T. Bailey Fund Services Limited 4,091,792,425 40
Investment Fund Services Limited (IFSL) 3,556,844,750 41
Thesis Unit Trust Managers 3,556,406,780 42
Allianz Global Investors 3,072,124,652 43
Virgin Money Unit Trust Managers Limited 2,963,885,217 44
Franklin Templeton Funds 2,935,381,994 45
Santander Asset Management (SAM UK) 2,835,008,336 46
Baring Fund Managers Limited 2,674,739,783 47
Valu-Trac Investment Management Ltd 2,510,741,130 48
Legg Mason Investment (Funds) Limited 2,502,977,159 49
Margetts Fund Management Ltd 2,376,375,922 50
Smith & Williamson Fund Administration 2,307,017,064 51
Neptune Investment Management Ltd 2,187,960,136 52
RBS Collective Investment Funds Limited 2,162,912,750 53
Barclays Asset Managers Limited 2,134,108,650 54
Sarasin & Partners LLP 1,936,907,092 55
UBS Asset Management Funds Ltd 1,928,552,978 56
Lazard Fund Managers Limited 1,774,889,765 57
Morgan Stanley Investment Management Ltd 1,299,581,999 58
EdenTree Investment Management Limited 1,231,886,870 59
Marks & Spencer Unit Trust Managers Ltd 1,222,905,778 60
McInroy & Wood Portfolios Ltd 1,139,013,672 61
NFU Mutual Unit Managers Ltd 1,094,577,125 62
Natixis Global Asset Management 990,379,293 63
River & Mercantile AM 863,721,607 64
Unicorn Asset Management Limited 849,103,035 65
Castlefield 681,490,583 66
Slater Investments Ltd 678,638,530 67
WAY Fund Managers 601,130,985 68
COURTIERS Asset Management Limited 597,030,809 69
TIME Investments 561,899,988 70
Host Capital Limited 501,495,765 71
Omnis Investments Limited 472,751,546 72
HBOS Investment Fund Managers Limited 451,660,106 73
SVM Asset Management Ltd 433,693,809 74
T. Rowe Price International Limited 376,858,657 75
City Financial Investment 278,042,903 76
GAM 264,936,763 77
OneFamily 219,525,325 78
Carvetian Capital Management Limited 208,001,432 79
Scottish Friendly Asset Managers Ltd 164,279,973 80
Wesleyan Unit Trust Managers Ltd 155,215,523 81
Aberforth Unit Trust Managers Limited 152,020,337 82
Treasury Capital 128,334,274 83
Consistent Unit Trust Management Co Ltd 123,505,576 84
Orbis Investment Management (Luxembourg) SA 115,333,661 85
Man Fund Management UK Limited 23,527,575 86
Total 666,914,163,961