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 | 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 |
