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 68,159,616,734 1
Legal & General (Unit Trust) Managers Limited 38,644,244,833 2
Fidelity Worldwide Investment 38,019,713,649 3
M&G Securities Limited 33,234,352,941 4
Invesco 33,183,552,973 5
Aberdeen Standard Fund Managers Limited 32,904,480,111 6
Threadneedle Investment Services Ltd 29,868,169,395 7
Jupiter Unit Trust Managers Limited 29,550,203,007 8
Link Fund Solutions Limited 27,873,379,354 9
BNY Mellon Fund Managers Limited 27,854,230,652 10
Schroder Unit Trusts Limited 26,123,594,968 11
Janus Henderson Investors 25,658,571,156 12
HSBC Global Asset Management (UK) Limited 23,066,818,570 13
Baillie Gifford & Co Limited 20,161,584,582 14
Fundsmith 19,547,353,168 15
Aviva Investors UK Fund Services Limited 17,955,056,846 16
J.P. Morgan Asset Management 15,785,682,662 17
First State Investments (UK) Ltd 14,953,145,575 18
Merian Investment Management Limited 11,768,317,423 19
Liontrust Fund Partners LLP 11,716,974,334 20
Quilter Investors Limited 11,530,496,073 21
AXA IM UK Limited 11,163,290,384 22
Scottish Widows Unit Trusts Managers 9,824,891,809 23
Investec Asset Management Ltd 9,124,046,034 24
Royal London Unit Trust Managers Ltd 8,947,175,008 25
BMO Global Asset Management 7,924,724,371 26
Hargreaves Lansdown 7,597,541,900 27
Premier Portfolio Managers Ltd 6,584,900,602 28
Maitland Institutional Services Limited 6,484,915,888 29
Marlborough Fund Managers Limited 6,066,842,195 30
FundRock Partners Limited 5,963,704,101 31
Kames Capital 5,578,577,239 32
Rathbone Unit Trust Management Limited 5,370,636,714 33
Seven Investment Management LLP 5,242,944,424 34
T. Bailey Fund Services Limited 5,211,102,965 35
RLUM Ltd 5,022,554,467 36
J O Hambro Capital Management Group 5,002,715,195 37
Architas Multi-Manager Limited 4,626,577,496 38
Close Asset Management (UK) Ltd 4,602,993,521 39
Allianz Global Investors 4,059,411,503 40
Thesis Unit Trust Managers 3,891,691,826 41
Investment Fund Services Limited (IFSL) 3,874,872,766 42
Virgin Money Unit Trust Managers Limited 3,226,504,957 43
Santander Asset Management (SAM UK) 3,021,462,691 44
Valu-Trac Investment Management Ltd 2,976,166,699 45
Franklin Templeton Funds 2,948,553,277 46
Legg Mason Investment (Funds) Limited 2,738,394,558 47
Margetts Fund Management Ltd 2,670,078,552 48
Smith & Williamson Fund Administration 2,486,015,750 49
Sarasin & Partners LLP 2,449,387,746 50
Baring Fund Managers Limited 2,391,033,075 51
RBS Collective Investment Funds Limited 2,285,851,613 52
Neptune Investment Management Ltd 2,192,978,800 53
UBS Asset Management Funds Ltd 2,103,769,820 54
Barclays Asset Managers Limited 1,954,225,563 55
Lazard Fund Managers Limited 1,690,935,990 56
Morgan Stanley Investment Management Ltd 1,577,046,239 57
EdenTree Investment Management Limited 1,327,077,830 58
Natixis Global Asset Management 1,272,508,302 59
McInroy & Wood Portfolios Ltd 1,267,065,287 60
Marks & Spencer Unit Trust Managers Ltd 1,255,722,200 61
NFU Mutual Unit Managers Ltd 1,155,929,107 62
Castlefield 1,116,775,788 63
Unicorn Asset Management Limited 955,150,747 64
TIME Investments 895,211,923 65
River & Mercantile AM 781,045,936 66
Slater Investments Ltd 738,741,023 67
COURTIERS Asset Management Limited 651,471,760 68
T. Rowe Price International Limited 648,088,670 69
WAY Fund Managers 623,462,002 70
Host Capital Limited 543,857,951 71
Omnis Investments Limited 505,551,244 72
HBOS Investment Fund Managers Limited 471,829,445 73
SVM Asset Management Ltd 404,203,388 74
GAM 259,310,040 75
OneFamily 244,586,502 76
Carvetian Capital Management Limited 236,117,678 77
Scottish Friendly Asset Managers Ltd 175,623,968 78
Aberforth Unit Trust Managers Limited 175,315,630 79
Wesleyan Unit Trust Managers Ltd 171,724,279 80
Orbis Investment Management (Luxembourg) SA 134,800,765 81
Consistent Unit Trust Management Co Ltd 127,960,208 82
Equity Trustees Fund Services 109,744,411 83
Man Fund Management UK Limited 16,267,011 84
Total 681,116,621,607