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 | 65,586,346,502 | 1 |
| Legal & General (Unit Trust) Managers Limited | 37,721,466,762 | 2 |
| Fidelity Worldwide Investment | 36,896,031,039 | 3 |
| Invesco | 33,350,939,590 | 4 |
| M&G Securities Limited | 33,114,442,260 | 5 |
| Aberdeen Standard Fund Managers Limited | 30,964,567,174 | 6 |
| Jupiter Unit Trust Managers Limited | 29,299,853,086 | 7 |
| Threadneedle Investment Services Ltd | 29,221,707,051 | 8 |
| BNY Mellon Fund Managers Limited | 27,063,244,555 | 9 |
| Schroder Unit Trusts Limited | 25,842,584,036 | 10 |
| Janus Henderson Investors | 25,288,400,762 | 11 |
| HSBC Global Asset Management (UK) Limited | 22,310,703,477 | 12 |
| Link Fund Solutions Limited | 22,029,719,137 | 13 |
| Baillie Gifford & Co Limited | 19,050,993,566 | 14 |
| Fundsmith | 18,328,567,622 | 15 |
| Aviva Investors UK Fund Services Limited | 18,048,898,854 | 16 |
| J.P. Morgan Asset Management | 15,143,724,599 | 17 |
| First State Investments (UK) Ltd | 14,477,887,784 | 18 |
| Liontrust Fund Partners LLP | 11,351,221,664 | 19 |
| Merian Investment Management Limited | 11,341,570,622 | 20 |
| Quilter Investors Limited | 11,172,595,573 | 21 |
| AXA IM UK Limited | 11,025,274,273 | 22 |
| Scottish Widows Unit Trusts Managers | 9,339,975,414 | 23 |
| Investec Asset Management Ltd | 8,887,363,344 | 24 |
| Royal London Unit Trust Managers Ltd | 8,808,525,799 | 25 |
| BMO Global Asset Management | 7,817,096,793 | 26 |
| Hargreaves Lansdown | 7,502,788,489 | 27 |
| Premier Portfolio Managers Ltd | 6,512,358,958 | 28 |
| Marlborough Fund Managers Limited | 6,078,078,710 | 29 |
| Maitland Institutional Services Limited | 6,052,806,624 | 30 |
| Kames Capital | 5,591,969,713 | 31 |
| Seven Investment Management LLP | 5,491,509,880 | 32 |
| J O Hambro Capital Management Group | 5,336,733,124 | 33 |
| Rathbone Unit Trust Management Limited | 5,152,733,721 | 34 |
| Majedie Asset Management Ltd | 5,140,338,090 | 35 |
| RLUM Ltd | 5,038,599,544 | 36 |
| T. Bailey Fund Services Limited | 4,993,211,495 | 37 |
| FundRock Partners Limited | 4,830,006,004 | 38 |
| Architas Multi-Manager Limited | 4,524,414,205 | 39 |
| Close Asset Management (UK) Ltd | 4,482,452,050 | 40 |
| Allianz Global Investors | 3,897,014,906 | 41 |
| Thesis Unit Trust Managers | 3,805,151,577 | 42 |
| Investment Fund Services Limited (IFSL) | 3,731,036,522 | 43 |
| Virgin Money Unit Trust Managers Limited | 3,175,789,755 | 44 |
| Santander Asset Management (SAM UK) | 2,989,499,312 | 45 |
| Franklin Templeton Funds | 2,937,270,279 | 46 |
| Valu-Trac Investment Management Ltd | 2,856,734,760 | 47 |
| Legg Mason Investment (Funds) Limited | 2,619,433,493 | 48 |
| Margetts Fund Management Ltd | 2,581,704,583 | 49 |
| Smith & Williamson Fund Administration | 2,557,748,787 | 50 |
| Baring Fund Managers Limited | 2,464,265,289 | 51 |
| Sarasin & Partners LLP | 2,349,825,274 | 52 |
| RBS Collective Investment Funds Limited | 2,243,310,053 | 53 |
| Neptune Investment Management Ltd | 2,165,964,532 | 54 |
| UBS Asset Management Funds Ltd | 2,018,611,139 | 55 |
| Barclays Asset Managers Limited | 1,941,352,606 | 56 |
| Lazard Fund Managers Limited | 1,678,119,308 | 57 |
| Morgan Stanley Investment Management Ltd | 1,481,298,197 | 58 |
| EdenTree Investment Management Limited | 1,325,951,837 | 59 |
| Marks & Spencer Unit Trust Managers Ltd | 1,281,104,829 | 60 |
| McInroy & Wood Portfolios Ltd | 1,227,902,991 | 61 |
| Natixis Global Asset Management | 1,200,748,469 | 62 |
| NFU Mutual Unit Managers Ltd | 1,144,272,971 | 63 |
| Castlefield | 1,116,775,788 | 64 |
| Unicorn Asset Management Limited | 956,101,429 | 65 |
| TIME Investments | 874,619,588 | 66 |
| River & Mercantile AM | 782,465,093 | 67 |
| Slater Investments Ltd | 731,789,861 | 68 |
| COURTIERS Asset Management Limited | 639,035,495 | 69 |
| WAY Fund Managers | 619,915,133 | 70 |
| T. Rowe Price International Limited | 589,400,954 | 71 |
| Host Capital Limited | 530,039,382 | 72 |
| Omnis Investments Limited | 491,746,847 | 73 |
| HBOS Investment Fund Managers Limited | 471,370,512 | 74 |
| SVM Asset Management Ltd | 407,699,456 | 75 |
| GAM | 251,481,428 | 76 |
| OneFamily | 238,115,510 | 77 |
| Carvetian Capital Management Limited | 228,729,976 | 78 |
| Aberforth Unit Trust Managers Limited | 177,959,864 | 79 |
| Scottish Friendly Asset Managers Ltd | 174,638,087 | 80 |
| Wesleyan Unit Trust Managers Ltd | 168,506,793 | 81 |
| Orbis Investment Management (Luxembourg) SA | 130,430,001 | 82 |
| Consistent Unit Trust Management Co Ltd | 128,523,011 | 83 |
| Equity Trustees Fund Services | 70,982,670 | 84 |
| Man Fund Management UK Limited | 16,062,123 | 85 |
| Total | 664,299,444,274 |
