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 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