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 69,293,462,269 1
Legal & General (Unit Trust) Managers Limited 38,554,424,310 2
Fidelity Worldwide Investment 37,449,418,840 3
M&G Securities Limited 32,285,151,123 4
Invesco 31,602,134,442 5
Aberdeen Standard Fund Managers Limited 29,008,875,243 6
Jupiter Unit Trust Managers Limited 28,465,499,367 7
Link Fund Solutions Limited 27,297,402,560 8
BNY Mellon Fund Managers Limited 27,289,555,867 9
Threadneedle Investment Services Ltd 27,259,147,432 10
Schroder Unit Trusts Limited 25,072,690,908 11
Janus Henderson Investors 24,834,203,420 12
HSBC Global Asset Management (UK) Limited 22,822,273,017 13
Baillie Gifford & Co Limited 19,758,571,207 14
Fundsmith 18,765,922,641 15
Aviva Investors UK Fund Services Limited 17,554,886,930 16
J.P. Morgan Asset Management 15,448,745,668 17
First State Investments (UK) Ltd 15,381,025,495 18
Quilter Investors Limited 11,768,459,898 19
Merian Investment Management Limited 11,173,026,846 20
AXA IM UK Limited 10,635,381,748 21
Royal London Unit Trust Managers Ltd 9,817,650,162 22
Scottish Widows Unit Trusts Managers 9,526,897,650 23
Investec Asset Management Ltd 9,200,631,986 24
Liontrust Fund Partners LLP 8,056,705,912 25
BMO Global Asset Management 7,705,282,030 26
Hargreaves Lansdown 7,346,183,801 27
Maitland Institutional Services Limited 6,686,909,269 28
Marlborough Fund Managers Limited 5,795,096,700 29
Thesis Unit Trust Managers 5,707,890,360 30
RLUM Ltd 5,483,030,738 31
T. Bailey Fund Services Limited 5,179,434,043 32
J O Hambro Capital Management Group 5,103,864,062 33
Seven Investment Management LLP 5,059,904,730 34
Architas Multi-Manager Limited 4,738,346,312 35
Close Asset Management (UK) Ltd 4,629,921,575 36
Allianz Global Investors 4,305,670,722 37
FundRock Partners Limited 4,012,007,079 38
Valu-Trac Investment Management Ltd 3,364,849,021 39
Virgin Money Unit Trust Managers Limited 3,114,920,697 40
Santander Asset Management (SAM UK) 2,996,829,329 41
Franklin Templeton Funds 2,959,464,588 42
Legg Mason Investment (Funds) Limited 2,666,093,528 43
Margetts Fund Management Ltd 2,654,215,573 44
Smith & Williamson Fund Administration 2,479,792,472 45
Sarasin & Partners LLP 2,430,264,870 46
UBS Asset Management Funds Ltd 2,378,966,622 47
Investment Fund Services Limited (IFSL) 2,306,649,608 48
Baring Fund Managers Limited 2,251,940,694 49
RBS Collective Investment Funds Limited 2,251,255,260 50
Neptune Investment Management Ltd 2,021,029,171 51
Barclays Asset Managers Limited 1,809,940,141 52
Lazard Fund Managers Limited 1,587,968,035 53
Castlefield 1,344,868,500 54
Natixis Global Asset Management 1,307,569,379 55
Marks & Spencer Unit Trust Managers Ltd 1,288,981,574 56
Morgan Stanley Investment Management Ltd 1,281,575,471 57
EdenTree Investment Management Limited 1,276,013,501 58
McInroy & Wood Portfolios Ltd 1,249,634,177 59
NFU Mutual Unit Managers Ltd 1,140,963,903 60
Rathbone Unit Trust Management Limited 1,095,126,383 61
Unicorn Asset Management Limited 935,186,496 62
TIME Investments 846,733,546 63
River & Mercantile AM 731,986,203 64
Slater Investments Ltd 722,539,856 65
COURTIERS Asset Management Limited 650,202,466 66
Kames Capital 648,680,498 67
WAY Fund Managers 625,672,278 68
T. Rowe Price International Limited 612,471,507 69
Host Capital Limited 545,919,058 70
Omnis Investments Limited 495,545,332 71
HBOS Investment Fund Managers Limited 467,748,144 72
SVM Asset Management Ltd 391,689,444 73
OneFamily 242,828,741 74
Carvetian Capital Management Limited 230,677,950 75
GAM 207,448,564 76
Aberforth Unit Trust Managers Limited 176,899,688 77
Wesleyan Unit Trust Managers Ltd 172,872,294 78
Scottish Friendly Asset Managers Ltd 172,331,233 79
Orbis Investment Management (Luxembourg) SA 129,567,132 80
Equity Trustees Fund Services 124,265,717 81
Consistent Unit Trust Management Co Ltd 121,336,181 82
Premier Portfolio Managers Ltd 50,912,188 83
Man Fund Management UK Limited 27,449,805 84
Total 650,654,306,618