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 | 57,608,047,754 | 1 |
| M&G Securities Limited | 46,693,783,557 | 2 |
| Legal & General (Unit Trust) Managers Limited | 35,265,258,895 | 3 |
| Fidelity Worldwide Investment | 34,891,536,890 | 4 |
| Invesco | 34,802,485,832 | 5 |
| Aberdeen Standard Fund Managers Limited | 30,972,834,561 | 6 |
| Jupiter Unit Trust Managers Limited | 28,187,410,710 | 7 |
| Threadneedle Investment Services Ltd | 28,176,000,860 | 8 |
| Schroder Unit Trusts Limited | 27,108,794,421 | 9 |
| BNY Mellon Fund Managers Limited | 26,862,790,827 | 10 |
| Janus Henderson Investors | 25,036,327,017 | 11 |
| Quilter Investors Limited | 22,378,840,634 | 12 |
| Link Fund Solutions Limited | 21,612,076,506 | 13 |
| HSBC Global Asset Management (UK) Limited | 20,184,714,650 | 14 |
| Aviva Investors UK Fund Services Limited | 17,577,089,360 | 15 |
| Fundsmith | 17,519,234,111 | 16 |
| Artemis Fund Managers Ltd | 17,305,091,351 | 17 |
| Baillie Gifford & Co Limited | 16,817,408,582 | 18 |
| J.P. Morgan Asset Management | 14,176,384,349 | 19 |
| First State Investments (UK) Ltd | 13,628,248,782 | 20 |
| AXA IM UK Limited | 10,729,592,433 | 21 |
| Liontrust Fund Partners LLP | 9,781,161,037 | 22 |
| Scottish Widows Unit Trusts Managers | 9,145,738,710 | 23 |
| Investec Asset Management Ltd | 8,807,181,940 | 24 |
| Royal London Unit Trust Managers Ltd | 7,967,421,736 | 25 |
| BMO Global Asset Management | 7,667,281,726 | 26 |
| Hargreaves Lansdown | 7,476,953,852 | 27 |
| Premier Portfolio Managers Ltd | 6,407,768,324 | 28 |
| Marlborough Fund Managers Limited | 5,907,959,578 | 29 |
| Maitland Institutional Services Limited | 5,799,144,252 | 30 |
| Kames Capital | 5,664,495,245 | 31 |
| Seven Investment Management LLP | 5,660,002,465 | 32 |
| Majedie Asset Management Ltd | 5,400,411,703 | 33 |
| J O Hambro Capital Management Group | 5,176,977,009 | 34 |
| Rathbone Unit Trust Management Limited | 5,114,604,278 | 35 |
| FundRock Partners Limited | 4,564,238,620 | 36 |
| RLUM Ltd | 4,354,777,423 | 37 |
| T. Bailey Fund Services Limited | 4,253,819,321 | 38 |
| Architas Multi-Manager Limited | 4,236,239,718 | 39 |
| Close Asset Management (UK) Ltd | 4,198,728,544 | 40 |
| Thesis Unit Trust Managers | 3,635,542,502 | 41 |
| Investment Fund Services Limited (IFSL) | 3,608,394,518 | 42 |
| Allianz Global Investors | 3,132,425,039 | 43 |
| Virgin Money Unit Trust Managers Limited | 3,018,372,591 | 44 |
| Franklin Templeton Funds | 2,879,061,035 | 45 |
| Santander Asset Management (SAM UK) | 2,850,800,007 | 46 |
| Baring Fund Managers Limited | 2,587,598,323 | 47 |
| Legg Mason Investment (Funds) Limited | 2,558,094,535 | 48 |
| Margetts Fund Management Ltd | 2,432,346,776 | 49 |
| Valu-Trac Investment Management Ltd | 2,357,385,611 | 50 |
| Smith & Williamson Fund Administration | 2,284,886,008 | 51 |
| RBS Collective Investment Funds Limited | 2,174,387,894 | 52 |
| Neptune Investment Management Ltd | 2,165,587,106 | 53 |
| Barclays Asset Managers Limited | 2,150,648,634 | 54 |
| Sarasin & Partners LLP | 1,992,135,265 | 55 |
| UBS Asset Management Funds Ltd | 1,872,126,761 | 56 |
| Lazard Fund Managers Limited | 1,727,144,200 | 57 |
| Morgan Stanley Investment Management Ltd | 1,270,806,956 | 58 |
| EdenTree Investment Management Limited | 1,249,678,349 | 59 |
| Marks & Spencer Unit Trust Managers Ltd | 1,243,591,820 | 60 |
| McInroy & Wood Portfolios Ltd | 1,129,036,278 | 61 |
| NFU Mutual Unit Managers Ltd | 1,106,710,467 | 62 |
| Natixis Global Asset Management | 1,043,229,924 | 63 |
| Unicorn Asset Management Limited | 866,216,978 | 64 |
| River & Mercantile AM | 847,993,967 | 65 |
| Castlefield | 725,609,208 | 66 |
| Slater Investments Ltd | 688,442,519 | 67 |
| COURTIERS Asset Management Limited | 608,796,099 | 68 |
| WAY Fund Managers | 600,743,160 | 69 |
| TIME Investments | 589,511,081 | 70 |
| Host Capital Limited | 505,305,453 | 71 |
| Omnis Investments Limited | 475,993,444 | 72 |
| T. Rowe Price International Limited | 452,731,778 | 73 |
| HBOS Investment Fund Managers Limited | 446,461,463 | 74 |
| SVM Asset Management Ltd | 415,007,557 | 75 |
| GAM | 257,496,491 | 76 |
| City Financial Investment | 237,491,383 | 77 |
| OneFamily | 221,173,389 | 78 |
| Carvetian Capital Management Limited | 214,458,161 | 79 |
| Scottish Friendly Asset Managers Ltd | 168,427,019 | 80 |
| Wesleyan Unit Trust Managers Ltd | 157,742,227 | 81 |
| Aberforth Unit Trust Managers Limited | 153,432,464 | 82 |
| Consistent Unit Trust Management Co Ltd | 124,080,225 | 83 |
| Orbis Investment Management (Luxembourg) SA | 117,774,102 | 84 |
| Treasury Capital | 103,600,531 | 85 |
| Man Fund Management UK Limited | 302,483 | 86 |
| Total | 667,974,226,409 |
