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 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