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 68,211,627,146 1
Legal & General (Unit Trust) Managers Limited 38,864,254,181 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 27,955,979,812 9
BNY Mellon Fund Managers Limited 27,854,230,652 10
Schroder Unit Trusts Limited 26,778,188,823 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
HBOS Investment Fund Managers Limited 14,034,477,705 19
Quilter Investors Limited 12,020,838,067 20
Merian Investment Management Limited 11,768,317,423 21
Liontrust Fund Partners LLP 11,716,974,334 22
AXA IM UK Limited 11,163,290,384 23
Scottish Widows Unit Trusts Managers 9,824,891,809 24
Investec Asset Management Ltd 9,124,046,034 25
Royal London Unit Trust Managers Ltd 8,947,175,008 26
BMO Global Asset Management 7,924,724,371 27
Hargreaves Lansdown 7,597,541,900 28
Premier Portfolio Managers Ltd 6,584,900,602 29
Maitland Institutional Services Limited 6,499,674,047 30
Marlborough Fund Managers Limited 6,066,842,195 31
FundRock Partners Limited 5,963,704,101 32
Kames Capital 5,578,577,239 33
Rathbone Unit Trust Management Limited 5,518,204,339 34
Thesis Unit Trust Managers 5,512,058,065 35
Seven Investment Management LLP 5,242,944,424 36
T. Bailey Fund Services Limited 5,211,102,965 37
RLUM Ltd 5,022,554,467 38
J O Hambro Capital Management Group 5,002,715,195 39
Architas Multi-Manager Limited 4,626,577,496 40
Close Asset Management (UK) Ltd 4,602,993,521 41
Allianz Global Investors 4,059,411,503 42
Investment Fund Services Limited (IFSL) 3,925,439,098 43
Virgin Money Unit Trust Managers Limited 3,226,504,957 44
Smith & Williamson Fund Administration 3,056,498,652 45
Valu-Trac Investment Management Ltd 3,032,886,656 46
Santander Asset Management (SAM UK) 3,021,462,691 47
Franklin Templeton Funds 2,948,553,277 48
Legg Mason Investment (Funds) Limited 2,738,394,558 49
Margetts Fund Management Ltd 2,670,078,552 50
Sarasin & Partners LLP 2,449,387,746 51
Baring Fund Managers Limited 2,391,033,075 52
RBS Collective Investment Funds Limited 2,285,851,613 53
Neptune Investment Management Ltd 2,192,978,800 54
UBS Asset Management Funds Ltd 2,103,769,820 55
Barclays Asset Managers Limited 1,954,225,563 56
Morgan Stanley Investment Management Ltd 1,937,301,759 57
Lazard Fund Managers Limited 1,690,935,990 58
EdenTree Investment Management Limited 1,327,077,830 59
Natixis Global Asset Management 1,272,508,302 60
McInroy & Wood Portfolios Ltd 1,267,065,287 61
Marks & Spencer Unit Trust Managers Ltd 1,255,722,200 62
NFU Mutual Unit Managers Ltd 1,155,929,107 63
Castlefield 1,116,775,788 64
Unicorn Asset Management Limited 955,150,747 65
TIME Investments 895,211,923 66
River & Mercantile AM 781,045,936 67
Slater Investments Ltd 738,741,023 68
Host Capital Limited 700,251,041 69
COURTIERS Asset Management Limited 651,471,760 70
T. Rowe Price International Limited 648,088,670 71
WAY Fund Managers 623,462,002 72
Omnis Investments Limited 505,551,244 73
SVM Asset Management Ltd 404,203,388 74
GAM 282,942,728 75
OneFamily 244,586,502 76
Carvetian Capital Management Limited 236,117,678 77
SLTM 189,986,885 78
Scottish Friendly Asset Managers Ltd 175,623,968 79
Aberforth Unit Trust Managers Limited 175,315,630 80
Wesleyan Unit Trust Managers Ltd 171,724,279 81
Orbis Investment Management (Luxembourg) SA 134,800,765 82
Consistent Unit Trust Management Co Ltd 127,960,208 83
Equity Trustees Fund Services 109,744,411 84
Man Fund Management UK Limited 16,267,011 85
Total 699,266,062,485