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 | 62,856,674,033 | 1 |
| Legal & General (Unit Trust) Managers Limited | 36,875,986,899 | 2 |
| Fidelity Worldwide Investment | 36,084,567,498 | 3 |
| Invesco | 35,115,323,306 | 4 |
| M&G Securities Limited | 33,168,411,924 | 5 |
| Aberdeen Standard Fund Managers Limited | 31,330,347,130 | 6 |
| Threadneedle Investment Services Ltd | 29,264,748,865 | 7 |
| Jupiter Unit Trust Managers Limited | 29,022,159,671 | 8 |
| BNY Mellon Fund Managers Limited | 26,680,717,856 | 9 |
| Schroder Unit Trusts Limited | 26,336,971,412 | 10 |
| Janus Henderson Investors | 25,410,804,938 | 11 |
| Link Fund Solutions Limited | 21,787,031,929 | 12 |
| HSBC Global Asset Management (UK) Limited | 21,576,398,519 | 13 |
| Baillie Gifford & Co Limited | 18,124,756,450 | 14 |
| Aviva Investors UK Fund Services Limited | 18,075,240,937 | 15 |
| Artemis Fund Managers Ltd | 17,534,978,071 | 16 |
| Fundsmith | 17,015,337,005 | 17 |
| J.P. Morgan Asset Management | 14,984,924,842 | 18 |
| First State Investments (UK) Ltd | 14,082,846,643 | 19 |
| Merian Investment Management Limited | 11,489,347,418 | 20 |
| Quilter Investors Limited | 11,275,183,689 | 21 |
| AXA IM UK Limited | 11,074,452,391 | 22 |
| Liontrust Fund Partners LLP | 10,724,958,862 | 23 |
| Scottish Widows Unit Trusts Managers | 9,481,010,143 | 24 |
| Investec Asset Management Ltd | 8,961,084,347 | 25 |
| Royal London Unit Trust Managers Ltd | 8,540,831,783 | 26 |
| Hargreaves Lansdown | 7,794,744,277 | 27 |
| BMO Global Asset Management | 7,786,137,972 | 28 |
| Premier Portfolio Managers Ltd | 6,655,778,475 | 29 |
| Marlborough Fund Managers Limited | 6,198,305,936 | 30 |
| Maitland Institutional Services Limited | 5,963,518,151 | 31 |
| Kames Capital | 5,659,234,889 | 32 |
| Seven Investment Management LLP | 5,637,036,705 | 33 |
| Majedie Asset Management Ltd | 5,519,923,258 | 34 |
| J O Hambro Capital Management Group | 5,382,557,145 | 35 |
| Rathbone Unit Trust Management Limited | 4,966,222,930 | 36 |
| RLUM Ltd | 4,754,751,415 | 37 |
| FundRock Partners Limited | 4,729,227,346 | 38 |
| T. Bailey Fund Services Limited | 4,713,855,568 | 39 |
| Architas Multi-Manager Limited | 4,423,102,652 | 40 |
| Close Asset Management (UK) Ltd | 4,388,453,287 | 41 |
| Thesis Unit Trust Managers | 3,753,196,971 | 42 |
| Investment Fund Services Limited (IFSL) | 3,675,078,997 | 43 |
| Allianz Global Investors | 3,438,096,153 | 44 |
| Virgin Money Unit Trust Managers Limited | 3,135,270,655 | 45 |
| Franklin Templeton Funds | 3,127,658,665 | 46 |
| Santander Asset Management (SAM UK) | 2,983,719,228 | 47 |
| Legg Mason Investment (Funds) Limited | 2,677,678,074 | 48 |
| Valu-Trac Investment Management Ltd | 2,582,490,967 | 49 |
| Margetts Fund Management Ltd | 2,552,868,898 | 50 |
| Baring Fund Managers Limited | 2,426,635,265 | 51 |
| Sarasin & Partners LLP | 2,330,708,453 | 52 |
| Smith & Williamson Fund Administration | 2,285,118,024 | 53 |
| RBS Collective Investment Funds Limited | 2,238,007,657 | 54 |
| Neptune Investment Management Ltd | 2,223,854,983 | 55 |
| Barclays Asset Managers Limited | 2,076,472,718 | 56 |
| UBS Asset Management Funds Ltd | 1,990,780,612 | 57 |
| Lazard Fund Managers Limited | 1,749,402,010 | 58 |
| Morgan Stanley Investment Management Ltd | 1,383,524,142 | 59 |
| EdenTree Investment Management Limited | 1,318,302,582 | 60 |
| Marks & Spencer Unit Trust Managers Ltd | 1,288,856,905 | 61 |
| Natixis Global Asset Management | 1,183,923,267 | 62 |
| McInroy & Wood Portfolios Ltd | 1,183,862,401 | 63 |
| NFU Mutual Unit Managers Ltd | 1,150,624,217 | 64 |
| Castlefield | 996,027,937 | 65 |
| Unicorn Asset Management Limited | 955,270,058 | 66 |
| River & Mercantile AM | 844,911,322 | 67 |
| TIME Investments | 761,075,951 | 68 |
| Slater Investments Ltd | 741,323,126 | 69 |
| COURTIERS Asset Management Limited | 638,433,300 | 70 |
| WAY Fund Managers | 626,641,037 | 71 |
| T. Rowe Price International Limited | 562,642,264 | 72 |
| Host Capital Limited | 510,407,978 | 73 |
| Omnis Investments Limited | 497,133,048 | 74 |
| HBOS Investment Fund Managers Limited | 447,627,607 | 75 |
| SVM Asset Management Ltd | 421,636,213 | 76 |
| GAM | 261,704,199 | 77 |
| OneFamily | 233,756,923 | 78 |
| Carvetian Capital Management Limited | 223,715,219 | 79 |
| Aberforth Unit Trust Managers Limited | 187,418,155 | 80 |
| Scottish Friendly Asset Managers Ltd | 178,165,859 | 81 |
| Wesleyan Unit Trust Managers Ltd | 167,107,692 | 82 |
| City Financial Investment | 147,151,122 | 83 |
| Orbis Investment Management (Luxembourg) SA | 130,275,653 | 84 |
| Consistent Unit Trust Management Co Ltd | 128,176,233 | 85 |
| Equity Trustees Fund Services | 13,393,986 | 86 |
| Total | 675,277,433,182 |
