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 69,344,597,355 1
Legal & General (Unit Trust) Managers Limited 38,769,554,907 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 27,383,458,691 8
BNY Mellon Fund Managers Limited 27,289,555,867 9
Threadneedle Investment Services Ltd 27,259,147,432 10
Schroder Unit Trusts Limited 25,721,858,354 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
HBOS Investment Fund Managers Limited 13,715,087,759 19
Quilter Investors Limited 12,229,061,661 20
Merian Investment Management Limited 11,173,026,846 21
AXA IM UK Limited 10,635,381,748 22
Royal London Unit Trust Managers Ltd 9,817,650,162 23
Scottish Widows Unit Trusts Managers 9,526,897,650 24
Investec Asset Management Ltd 9,200,631,986 25
Liontrust Fund Partners LLP 8,056,705,912 26
BMO Global Asset Management 7,705,282,030 27
Hargreaves Lansdown 7,346,183,801 28
Thesis Unit Trust Managers 7,330,584,978 29
Maitland Institutional Services Limited 6,700,427,958 30
Marlborough Fund Managers Limited 5,795,096,700 31
RLUM Ltd 5,483,030,738 32
T. Bailey Fund Services Limited 5,179,434,043 33
J O Hambro Capital Management Group 5,103,864,062 34
Seven Investment Management LLP 5,059,904,730 35
Architas Multi-Manager Limited 4,738,346,312 36
Close Asset Management (UK) Ltd 4,629,921,575 37
Allianz Global Investors 4,305,670,722 38
FundRock Partners Limited 4,012,007,079 39
Valu-Trac Investment Management Ltd 3,418,090,067 40
Virgin Money Unit Trust Managers Limited 3,114,920,697 41
Smith & Williamson Fund Administration 3,068,338,685 42
Santander Asset Management (SAM UK) 2,996,829,329 43
Franklin Templeton Funds 2,959,464,588 44
Legg Mason Investment (Funds) Limited 2,666,093,528 45
Margetts Fund Management Ltd 2,654,215,573 46
Sarasin & Partners LLP 2,430,264,870 47
UBS Asset Management Funds Ltd 2,378,966,622 48
Investment Fund Services Limited (IFSL) 2,360,283,583 49
Baring Fund Managers Limited 2,251,940,694 50
RBS Collective Investment Funds Limited 2,251,255,260 51
Neptune Investment Management Ltd 2,021,029,171 52
Barclays Asset Managers Limited 1,809,940,141 53
Morgan Stanley Investment Management Ltd 1,594,480,660 54
Lazard Fund Managers Limited 1,587,968,035 55
Castlefield 1,344,868,500 56
Natixis Global Asset Management 1,307,569,379 57
Marks & Spencer Unit Trust Managers Ltd 1,288,981,574 58
EdenTree Investment Management Limited 1,276,013,501 59
McInroy & Wood Portfolios Ltd 1,249,634,177 60
Rathbone Unit Trust Management Limited 1,238,616,755 61
NFU Mutual Unit Managers Ltd 1,140,963,903 62
Unicorn Asset Management Limited 935,186,496 63
TIME Investments 846,733,546 64
River & Mercantile AM 731,986,203 65
Slater Investments Ltd 722,539,856 66
Host Capital Limited 697,414,912 67
COURTIERS Asset Management Limited 650,202,466 68
Kames Capital 648,680,498 69
WAY Fund Managers 625,672,278 70
T. Rowe Price International Limited 612,471,507 71
Omnis Investments Limited 495,545,332 72
SVM Asset Management Ltd 391,689,444 73
OneFamily 242,828,741 74
GAM 231,002,020 75
Carvetian Capital Management Limited 230,677,950 76
SLTM 182,720,340 77
Aberforth Unit Trust Managers Limited 176,899,688 78
Wesleyan Unit Trust Managers Ltd 172,872,294 79
Scottish Friendly Asset Managers Ltd 172,331,233 80
Orbis Investment Management (Luxembourg) SA 129,567,132 81
Equity Trustees Fund Services 124,265,717 82
Consistent Unit Trust Management Co Ltd 121,336,181 83
Premier Portfolio Managers Ltd 50,912,188 84
Man Fund Management UK Limited 27,449,805 85
Total 668,411,010,566