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 | 68,814,091,402 | 1 |
| Legal & General (Unit Trust) Managers Limited | 38,222,363,843 | 2 |
| Fidelity Worldwide Investment | 36,914,827,223 | 3 |
| M&G Securities Limited | 31,295,052,709 | 4 |
| Invesco | 30,794,332,799 | 5 |
| Aberdeen Standard Fund Managers Limited | 30,465,966,138 | 6 |
| Jupiter Unit Trust Managers Limited | 27,956,278,003 | 7 |
| Link Fund Solutions Limited | 26,903,750,033 | 8 |
| Threadneedle Investment Services Ltd | 26,715,788,274 | 9 |
| BNY Mellon Fund Managers Limited | 26,713,240,005 | 10 |
| Schroder Unit Trusts Limited | 24,549,213,014 | 11 |
| Janus Henderson Investors | 24,278,031,377 | 12 |
| HSBC Global Asset Management (UK) Limited | 22,780,413,676 | 13 |
| Baillie Gifford & Co Limited | 19,851,139,844 | 14 |
| Fundsmith | 18,320,091,841 | 15 |
| Aviva Investors UK Fund Services Limited | 17,154,309,613 | 16 |
| J.P. Morgan Asset Management | 15,275,023,958 | 17 |
| First State Investments (UK) Ltd | 14,922,207,629 | 18 |
| Quilter Investors Limited | 11,567,339,604 | 19 |
| Merian Investment Management Limited | 11,012,095,057 | 20 |
| AXA IM UK Limited | 10,408,931,420 | 21 |
| Liontrust Fund Partners LLP | 9,958,918,525 | 22 |
| Royal London Unit Trust Managers Ltd | 9,871,025,626 | 23 |
| Scottish Widows Unit Trusts Managers | 9,274,227,878 | 24 |
| Investec Asset Management Ltd | 9,165,071,684 | 25 |
| BMO Global Asset Management | 7,566,019,813 | 26 |
| Hargreaves Lansdown | 7,210,044,269 | 27 |
| Maitland Institutional Services Limited | 6,728,106,649 | 28 |
| Marlborough Fund Managers Limited | 5,763,092,886 | 29 |
| Thesis Unit Trust Managers | 5,631,669,267 | 30 |
| RLUM Ltd | 5,495,936,068 | 31 |
| T. Bailey Fund Services Limited | 5,157,337,475 | 32 |
| J O Hambro Capital Management Group | 5,121,892,821 | 33 |
| Seven Investment Management LLP | 4,901,004,448 | 34 |
| Architas Multi-Manager Limited | 4,708,639,808 | 35 |
| Close Asset Management (UK) Ltd | 4,599,880,215 | 36 |
| Allianz Global Investors | 4,465,867,426 | 37 |
| FundRock Partners Limited | 4,035,072,659 | 38 |
| Valu-Trac Investment Management Ltd | 3,396,000,655 | 39 |
| Virgin Money Unit Trust Managers Limited | 3,065,344,752 | 40 |
| Franklin Templeton Funds | 2,982,997,177 | 41 |
| Santander Asset Management (SAM UK) | 2,965,273,273 | 42 |
| Margetts Fund Management Ltd | 2,652,426,884 | 43 |
| Legg Mason Investment (Funds) Limited | 2,637,179,705 | 44 |
| Smith & Williamson Fund Administration | 2,497,512,155 | 45 |
| Sarasin & Partners LLP | 2,455,562,625 | 46 |
| UBS Asset Management Funds Ltd | 2,385,043,469 | 47 |
| Investment Fund Services Limited (IFSL) | 2,307,086,173 | 48 |
| RBS Collective Investment Funds Limited | 2,223,086,020 | 49 |
| Baring Fund Managers Limited | 2,185,381,174 | 50 |
| Barclays Asset Managers Limited | 1,796,196,427 | 51 |
| Lazard Fund Managers Limited | 1,492,824,027 | 52 |
| Natixis Global Asset Management | 1,413,813,671 | 53 |
| Castlefield | 1,341,841,946 | 54 |
| EdenTree Investment Management Limited | 1,277,286,385 | 55 |
| Marks & Spencer Unit Trust Managers Ltd | 1,273,161,466 | 56 |
| Morgan Stanley Investment Management Ltd | 1,251,026,482 | 57 |
| McInroy & Wood Portfolios Ltd | 1,229,077,202 | 58 |
| NFU Mutual Unit Managers Ltd | 1,133,169,709 | 59 |
| Rathbone Unit Trust Management Limited | 1,119,767,920 | 60 |
| Unicorn Asset Management Limited | 937,097,513 | 61 |
| TIME Investments | 858,346,209 | 62 |
| Slater Investments Ltd | 740,195,667 | 63 |
| River & Mercantile AM | 725,701,688 | 64 |
| COURTIERS Asset Management Limited | 656,479,100 | 65 |
| WAY Fund Managers | 613,944,643 | 66 |
| T. Rowe Price International Limited | 608,409,793 | 67 |
| Kames Capital | 607,575,042 | 68 |
| Host Capital Limited | 549,349,308 | 69 |
| Omnis Investments Limited | 484,913,586 | 70 |
| HBOS Investment Fund Managers Limited | 471,934,754 | 71 |
| SVM Asset Management Ltd | 352,831,765 | 72 |
| OneFamily | 238,823,877 | 73 |
| Carvetian Capital Management Limited | 224,608,751 | 74 |
| GAM | 193,659,472 | 75 |
| Aberforth Unit Trust Managers Limited | 181,947,439 | 76 |
| Scottish Friendly Asset Managers Ltd | 172,586,747 | 77 |
| Wesleyan Unit Trust Managers Ltd | 172,032,724 | 78 |
| Equitile Investments | 149,000,000 | 79 |
| Orbis Investment Management (Luxembourg) SA | 132,928,625 | 80 |
| Equity Trustees Fund Services | 130,778,309 | 81 |
| Consistent Unit Trust Management Co Ltd | 121,155,382 | 82 |
| Artemis Fund Managers Ltd | 90,886,064 | 83 |
| Premier Portfolio Managers Ltd | 50,953,953 | 84 |
| Man Fund Management UK Limited | 30,277,111 | 85 |
| Total | 644,122,496,675 |
