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 71,648,822,967 1
Legal & General (Unit Trust) Managers Limited 39,511,461,936 2
Fidelity Worldwide Investment 37,904,074,566 3
M&G Securities Limited 31,410,309,494 4
Invesco 30,639,963,181 5
Aberdeen Standard Fund Managers Limited 29,952,534,514 6
Jupiter Unit Trust Managers Limited 28,405,015,581 7
Link Fund Solutions Limited 28,113,375,519 8
Threadneedle Investment Services Ltd 27,529,862,002 9
BNY Mellon Fund Managers Limited 27,172,957,777 10
Schroder Unit Trusts Limited 25,743,232,606 11
HSBC Global Asset Management (UK) Limited 24,286,254,654 12
Janus Henderson Investors 23,833,931,139 13
Baillie Gifford & Co Limited 21,103,646,655 14
Fundsmith 18,805,592,578 15
J.P. Morgan Asset Management 16,619,035,304 16
Aviva Investors UK Fund Services Limited 16,614,596,015 17
First State Investments (UK) Ltd 14,592,762,755 18
Quilter Investors Limited 12,184,083,287 19
Merian Investment Management Limited 11,670,673,770 20
Liontrust Fund Partners LLP 10,763,984,453 21
AXA IM UK Limited 10,752,972,774 22
Royal London Unit Trust Managers Ltd 10,208,657,637 23
HBOS Investment Fund Managers Limited 9,335,436,394 24
Investec Asset Management Ltd 9,165,135,052 25
BMO Global Asset Management 7,532,401,602 26
Hargreaves Lansdown 7,449,078,885 27
Thesis Unit Trust Managers 7,153,562,604 28
Maitland Institutional Services Limited 7,072,846,292 29
Marlborough Fund Managers Limited 6,199,230,765 30
RLUM Ltd 5,971,840,334 31
T. Bailey Fund Services Limited 5,732,809,098 32
J O Hambro Capital Management Group 5,637,649,584 33
Architas Multi-Manager Limited 4,903,982,524 34
Seven Investment Management LLP 4,776,320,447 35
Close Asset Management (UK) Ltd 4,757,201,878 36
Allianz Global Investors 4,711,790,814 37
FundRock Partners Limited 4,306,716,578 38
Valu-Trac Investment Management Ltd 3,700,633,780 39
Franklin Templeton Funds 3,485,297,064 40
Virgin Money Unit Trust Managers Limited 3,280,556,565 41
Smith & Williamson Fund Administration 3,197,790,560 42
Santander Asset Management (SAM UK) 3,049,565,870 43
Margetts Fund Management Ltd 2,771,109,282 44
Legg Mason Investment (Funds) Limited 2,680,319,603 45
Sarasin & Partners LLP 2,581,464,784 46
Investment Fund Services Limited (IFSL) 2,477,161,122 47
UBS Asset Management Funds Ltd 2,473,556,025 48
RBS Collective Investment Funds Limited 2,273,730,908 49
Baring Fund Managers Limited 2,187,147,337 50
Barclays Asset Managers Limited 1,845,687,430 51
Lazard Fund Managers Limited 1,617,063,933 52
Morgan Stanley Investment Management Ltd 1,591,211,190 53
Natixis Global Asset Management 1,579,902,501 54
Castlefield 1,550,833,978 55
Rathbone Unit Trust Management Limited 1,364,812,590 56
EdenTree Investment Management Limited 1,333,843,668 57
Marks & Spencer Unit Trust Managers Ltd 1,296,811,912 58
McInroy & Wood Portfolios Ltd 1,246,167,373 59
NFU Mutual Unit Managers Ltd 1,178,205,895 60
Unicorn Asset Management Limited 1,082,020,875 61
Scottish Widows Unit Trusts Managers 1,014,027,630 62
TIME Investments 860,552,324 63
Slater Investments Ltd 837,426,923 64
River & Mercantile AM 780,790,038 65
Host Capital Limited 721,336,106 66
COURTIERS Asset Management Limited 689,196,696 67
T. Rowe Price International Limited 677,204,265 68
WAY Fund Managers 628,363,694 69
Kames Capital 515,399,376 70
Omnis Investments Limited 494,925,265 71
SVM Asset Management Ltd 383,401,705 72
OneFamily 248,713,500 73
Carvetian Capital Management Limited 230,170,243 74
Aberforth Unit Trust Managers Limited 212,772,692 75
GAM 209,047,935 76
Scottish Friendly Asset Managers Ltd 182,684,798 77
Wesleyan Unit Trust Managers Ltd 180,577,064 78
Equity Trustees Fund Services 177,497,534 79
SLTM 170,644,145 80
Equitile Investments 166,000,000 81
Orbis Investment Management (Luxembourg) SA 141,165,095 82
Consistent Unit Trust Management Co Ltd 128,187,510 83
Artemis Fund Managers Ltd 101,312,257 84
Premier Portfolio Managers Ltd 53,755,052 85
Man Fund Management UK Limited 36,258,400 86
Total 668,049,603,503