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: October 2023

Company Retail Funds Under Management Rank
BlackRock Investment Management (UK) Limited 71,586,566,004 1
Legal & General (Unit Trust) Managers Limited 39,303,638,614 2
Fidelity Worldwide Investment 37,904,074,566 3
M&G Securities Limited 31,410,309,494 4
Invesco 30,639,963,181 5
Aberdeen Standard Fund Managers Limited 29,952,534,514 6
Jupiter Unit Trust Managers Limited 28,405,015,581 7
Link Fund Solutions Limited 28,028,878,866 8
Threadneedle Investment Services Ltd 27,529,862,002 9
BNY Mellon Fund Managers Limited 27,172,957,777 10
Schroder Unit Trusts Limited 25,082,693,564 11
HSBC Global Asset Management (UK) Limited 24,286,254,654 12
Janus Henderson Investors 23,833,931,139 13
Baillie Gifford & Co Limited 21,103,646,655 14
Fundsmith 18,805,592,578 15
J.P. Morgan Asset Management 16,619,035,304 16
Aviva Investors UK Fund Services Limited 16,614,596,015 17
First State Investments (UK) Ltd 14,592,762,755 18
Quilter Investors Limited 11,739,509,613 19
Merian Investment Management Limited 11,670,673,770 20
Liontrust Fund Partners LLP 10,763,984,453 21
AXA IM UK Limited 10,752,972,774 22
Royal London Unit Trust Managers Ltd 10,208,657,637 23
Investec Asset Management Ltd 9,165,135,052 24
BMO Global Asset Management 7,532,401,602 25
Hargreaves Lansdown 7,449,078,885 26
Maitland Institutional Services Limited 7,059,434,620 27
Marlborough Fund Managers Limited 6,199,230,765 28
RLUM Ltd 5,971,840,334 29
Thesis Unit Trust Managers 5,789,647,851 30
T. Bailey Fund Services Limited 5,732,809,098 31
J O Hambro Capital Management Group 5,637,649,584 32
Architas Multi-Manager Limited 4,903,982,524 33
Seven Investment Management LLP 4,776,320,447 34
Close Asset Management (UK) Ltd 4,757,201,878 35
Allianz Global Investors 4,711,790,814 36
FundRock Partners Limited 4,306,716,578 37
Valu-Trac Investment Management Ltd 3,639,221,057 38
Franklin Templeton Funds 3,485,297,064 39
Virgin Money Unit Trust Managers Limited 3,280,556,565 40
Santander Asset Management (SAM UK) 3,049,565,870 41
Margetts Fund Management Ltd 2,771,109,282 42
Legg Mason Investment (Funds) Limited 2,680,319,603 43
Sarasin & Partners LLP 2,581,464,784 44
Smith & Williamson Fund Administration 2,563,866,399 45
UBS Asset Management Funds Ltd 2,473,556,025 46
Investment Fund Services Limited (IFSL) 2,416,377,478 47
RBS Collective Investment Funds Limited 2,273,730,908 48
Baring Fund Managers Limited 2,187,147,337 49
Barclays Asset Managers Limited 1,845,687,430 50
Lazard Fund Managers Limited 1,617,063,933 51
Natixis Global Asset Management 1,579,902,501 52
Castlefield 1,550,833,978 53
EdenTree Investment Management Limited 1,333,843,668 54
Marks & Spencer Unit Trust Managers Ltd 1,296,811,912 55
Morgan Stanley Investment Management Ltd 1,271,672,302 56
McInroy & Wood Portfolios Ltd 1,246,167,373 57
Rathbone Unit Trust Management Limited 1,216,728,797 58
NFU Mutual Unit Managers Ltd 1,178,205,895 59
Unicorn Asset Management Limited 1,082,020,875 60
Scottish Widows Unit Trusts Managers 1,014,027,630 61
TIME Investments 860,552,324 62
Slater Investments Ltd 837,426,923 63
River & Mercantile AM 780,790,038 64
COURTIERS Asset Management Limited 689,196,696 65
T. Rowe Price International Limited 677,204,265 66
WAY Fund Managers 628,363,694 67
Host Capital Limited 571,941,336 68
Kames Capital 515,399,376 69
Omnis Investments Limited 494,925,265 70
HBOS Investment Fund Managers Limited 473,873,938 71
SVM Asset Management Ltd 383,401,705 72
OneFamily 248,713,500 73
Carvetian Capital Management Limited 230,170,243 74
Aberforth Unit Trust Managers Limited 212,772,692 75
GAM 184,307,126 76
Scottish Friendly Asset Managers Ltd 182,684,798 77
Wesleyan Unit Trust Managers Ltd 180,577,064 78
Equity Trustees Fund Services 177,497,534 79
Equitile Investments 166,000,000 80
Orbis Investment Management (Luxembourg) SA 141,165,095 81
Consistent Unit Trust Management Co Ltd 128,187,510 82
Artemis Fund Managers Ltd 101,312,257 83
Premier Portfolio Managers Ltd 53,755,052 84
Man Fund Management UK Limited 36,258,400 85
Total 654,886,254,986