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 70,654,133,110 1
Legal & General (Unit Trust) Managers Limited 39,188,072,634 2
Fidelity Worldwide Investment 37,288,465,572 3
M&G Securities Limited 31,242,220,846 4
Aberdeen Standard Fund Managers Limited 30,763,643,705 5
Invesco 30,503,661,879 6
Jupiter Unit Trust Managers Limited 28,349,649,449 7
Link Fund Solutions Limited 27,402,245,280 8
Threadneedle Investment Services Ltd 27,209,367,359 9
BNY Mellon Fund Managers Limited 26,840,818,501 10
Schroder Unit Trusts Limited 25,407,316,916 11
Janus Henderson Investors 24,141,691,928 12
HSBC Global Asset Management (UK) Limited 23,508,484,391 13
Baillie Gifford & Co Limited 20,733,391,687 14
Fundsmith 18,723,662,572 15
Aviva Investors UK Fund Services Limited 16,639,784,245 16
J.P. Morgan Asset Management 16,235,694,288 17
First State Investments (UK) Ltd 14,747,679,164 18
HBOS Investment Fund Managers Limited 13,586,218,843 19
Quilter Investors Limited 12,078,204,509 20
Merian Investment Management Limited 11,370,620,360 21
AXA IM UK Limited 10,673,078,239 22
Liontrust Fund Partners LLP 10,395,228,382 23
Royal London Unit Trust Managers Ltd 10,031,239,704 24
Scottish Widows Unit Trusts Managers 9,172,384,703 25
Investec Asset Management Ltd 9,164,386,246 26
BMO Global Asset Management 7,450,352,522 27
Hargreaves Lansdown 7,276,457,594 28
Thesis Unit Trust Managers 7,085,652,483 29
Maitland Institutional Services Limited 6,815,027,241 30
Marlborough Fund Managers Limited 5,917,038,149 31
RLUM Ltd 5,740,224,362 32
T. Bailey Fund Services Limited 5,372,058,751 33
J O Hambro Capital Management Group 5,328,290,875 34
Seven Investment Management LLP 4,825,341,922 35
Architas Multi-Manager Limited 4,802,271,450 36
Close Asset Management (UK) Ltd 4,673,740,737 37
Allianz Global Investors 4,579,041,520 38
FundRock Partners Limited 4,151,582,001 39
Valu-Trac Investment Management Ltd 3,554,507,887 40
Virgin Money Unit Trust Managers Limited 3,186,726,514 41
Franklin Templeton Funds 3,167,353,273 42
Smith & Williamson Fund Administration 3,126,894,616 43
Santander Asset Management (SAM UK) 2,989,305,244 44
Margetts Fund Management Ltd 2,716,934,723 45
Legg Mason Investment (Funds) Limited 2,680,327,753 46
Sarasin & Partners LLP 2,519,016,314 47
UBS Asset Management Funds Ltd 2,416,880,599 48
Investment Fund Services Limited (IFSL) 2,416,053,196 49
RBS Collective Investment Funds Limited 2,245,958,278 50
Baring Fund Managers Limited 2,222,072,630 51
Barclays Asset Managers Limited 1,818,316,683 52
Morgan Stanley Investment Management Ltd 1,600,832,999 53
Lazard Fund Managers Limited 1,500,234,553 54
Natixis Global Asset Management 1,481,755,949 55
Castlefield 1,421,524,860 56
Rathbone Unit Trust Management Limited 1,317,722,392 57
EdenTree Investment Management Limited 1,299,109,597 58
Marks & Spencer Unit Trust Managers Ltd 1,280,322,019 59
McInroy & Wood Portfolios Ltd 1,257,307,067 60
NFU Mutual Unit Managers Ltd 1,149,111,170 61
Unicorn Asset Management Limited 980,186,567 62
TIME Investments 874,622,976 63
Slater Investments Ltd 774,035,714 64
River & Mercantile AM 733,069,077 65
Host Capital Limited 701,216,493 66
COURTIERS Asset Management Limited 670,888,176 67
T. Rowe Price International Limited 663,952,092 68
WAY Fund Managers 613,944,643 69
Kames Capital 578,902,711 70
Omnis Investments Limited 490,924,753 71
SVM Asset Management Ltd 365,534,820 72
OneFamily 243,597,516 73
Carvetian Capital Management Limited 227,923,313 74
GAM 219,214,225 75
Aberforth Unit Trust Managers Limited 192,076,666 76
Wesleyan Unit Trust Managers Ltd 177,014,799 77
SLTM 172,690,868 78
Scottish Friendly Asset Managers Ltd 172,586,747 79
Equity Trustees Fund Services 171,608,922 80
Equitile Investments 155,000,000 81
Orbis Investment Management (Luxembourg) SA 136,908,909 82
Consistent Unit Trust Management Co Ltd 122,546,955 83
Artemis Fund Managers Ltd 95,443,088 84
Premier Portfolio Managers Ltd 52,468,843 85
Man Fund Management UK Limited 33,830,943 86
Total 671,919,656,386