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: December 2023

Company Retail Funds Under Management Rank
BlackRock Investment Management (UK) Limited 70,597,034,643 1
Legal & General (Unit Trust) Managers Limited 38,978,588,331 2
Fidelity Worldwide Investment 37,288,465,572 3
M&G Securities Limited 31,242,220,846 4
Aberdeen Standard Fund Managers Limited 30,763,643,705 5
Invesco 30,503,661,879 6
Jupiter Unit Trust Managers Limited 28,349,649,449 7
Link Fund Solutions Limited 27,317,690,503 8
Threadneedle Investment Services Ltd 27,209,367,359 9
BNY Mellon Fund Managers Limited 26,840,818,501 10
Schroder Unit Trusts Limited 24,757,881,671 11
Janus Henderson Investors 24,141,691,928 12
HSBC Global Asset Management (UK) Limited 23,508,484,391 13
Baillie Gifford & Co Limited 20,733,391,687 14
Fundsmith 18,723,662,572 15
Aviva Investors UK Fund Services Limited 16,639,784,245 16
J.P. Morgan Asset Management 16,235,694,288 17
First State Investments (UK) Ltd 14,747,679,164 18
Quilter Investors Limited 11,623,522,775 19
Merian Investment Management Limited 11,370,620,360 20
AXA IM UK Limited 10,673,078,239 21
Liontrust Fund Partners LLP 10,395,228,382 22
Royal London Unit Trust Managers Ltd 10,031,239,704 23
Scottish Widows Unit Trusts Managers 9,172,384,703 24
Investec Asset Management Ltd 9,164,386,246 25
BMO Global Asset Management 7,450,352,522 26
Hargreaves Lansdown 7,276,457,594 27
Maitland Institutional Services Limited 6,801,596,138 28
Marlborough Fund Managers Limited 5,917,038,149 29
RLUM Ltd 5,740,224,362 30
Thesis Unit Trust Managers 5,700,662,265 31
T. Bailey Fund Services Limited 5,372,058,751 32
J O Hambro Capital Management Group 5,328,290,875 33
Seven Investment Management LLP 4,825,341,922 34
Architas Multi-Manager Limited 4,802,271,450 35
Close Asset Management (UK) Ltd 4,673,740,737 36
Allianz Global Investors 4,579,041,520 37
FundRock Partners Limited 4,151,582,001 38
Valu-Trac Investment Management Ltd 3,495,274,169 39
Virgin Money Unit Trust Managers Limited 3,186,726,514 40
Franklin Templeton Funds 3,167,353,273 41
Santander Asset Management (SAM UK) 2,989,305,244 42
Margetts Fund Management Ltd 2,716,934,723 43
Legg Mason Investment (Funds) Limited 2,680,327,753 44
Sarasin & Partners LLP 2,519,016,314 45
Smith & Williamson Fund Administration 2,502,139,419 46
UBS Asset Management Funds Ltd 2,416,880,599 47
Investment Fund Services Limited (IFSL) 2,360,135,241 48
RBS Collective Investment Funds Limited 2,245,958,278 49
Baring Fund Managers Limited 2,222,072,630 50
Barclays Asset Managers Limited 1,818,316,683 51
Lazard Fund Managers Limited 1,500,234,553 52
Natixis Global Asset Management 1,481,755,949 53
Castlefield 1,421,524,860 54
EdenTree Investment Management Limited 1,299,109,597 55
Marks & Spencer Unit Trust Managers Ltd 1,280,322,019 56
Morgan Stanley Investment Management Ltd 1,279,531,679 57
McInroy & Wood Portfolios Ltd 1,257,307,067 58
Rathbone Unit Trust Management Limited 1,172,381,010 59
NFU Mutual Unit Managers Ltd 1,149,111,170 60
Unicorn Asset Management Limited 980,186,567 61
TIME Investments 874,622,976 62
Slater Investments Ltd 774,035,714 63
River & Mercantile AM 733,069,077 64
COURTIERS Asset Management Limited 670,888,176 65
T. Rowe Price International Limited 663,952,092 66
WAY Fund Managers 613,944,643 67
Kames Capital 578,902,711 68
Host Capital Limited 554,963,217 69
Omnis Investments Limited 490,924,753 70
HBOS Investment Fund Managers Limited 473,357,002 71
SVM Asset Management Ltd 365,534,820 72
OneFamily 243,597,516 73
Carvetian Capital Management Limited 227,923,313 74
GAM 195,566,064 75
Aberforth Unit Trust Managers Limited 192,076,666 76
Wesleyan Unit Trust Managers Ltd 177,014,799 77
Scottish Friendly Asset Managers Ltd 172,586,747 78
Equity Trustees Fund Services 171,608,922 79
Equitile Investments 155,000,000 80
Orbis Investment Management (Luxembourg) SA 136,908,909 81
Consistent Unit Trust Management Co Ltd 122,546,955 82
Artemis Fund Managers Ltd 95,443,088 83
Premier Portfolio Managers Ltd 52,468,843 84
Man Fund Management UK Limited 33,830,943 85
Total 654,500,308,755