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 | 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 |
