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 72,374,948,433 1
Legal & General (Unit Trust) Managers Limited 39,166,796,373 2
Fidelity Worldwide Investment 37,348,855,460 3
M&G Securities Limited 31,029,440,259 4
Invesco 29,274,158,067 5
Aberdeen Standard Fund Managers Limited 28,571,302,311 6
Jupiter Unit Trust Managers Limited 28,060,325,852 7
Link Fund Solutions Limited 27,709,987,082 8
Threadneedle Investment Services Ltd 27,324,349,537 9
BNY Mellon Fund Managers Limited 26,604,425,808 10
Schroder Unit Trusts Limited 24,388,920,588 11
HSBC Global Asset Management (UK) Limited 24,374,761,230 12
Janus Henderson Investors 23,736,153,748 13
Baillie Gifford & Co Limited 21,567,016,460 14
Fundsmith 19,246,597,358 15
J.P. Morgan Asset Management 16,840,604,049 16
Aviva Investors UK Fund Services Limited 16,444,188,020 17
First State Investments (UK) Ltd 14,390,666,592 18
Royal London Unit Trust Managers Ltd 12,828,453,657 19
Merian Investment Management Limited 11,348,969,094 20
Quilter Investors Limited 11,206,191,570 21
AXA IM UK Limited 10,887,322,924 22
Liontrust Fund Partners LLP 10,712,182,662 23
Investec Asset Management Ltd 9,164,738,778 24
BMO Global Asset Management 7,419,667,092 25
Maitland Institutional Services Limited 7,330,950,860 26
Hargreaves Lansdown 7,285,235,192 27
Marlborough Fund Managers Limited 6,193,687,596 28
RLUM Ltd 6,114,622,200 29
T. Bailey Fund Services Limited 5,840,807,169 30
Thesis Unit Trust Managers 5,733,207,131 31
Architas Multi-Manager Limited 4,964,648,320 32
Allianz Global Investors 4,913,659,679 33
J O Hambro Capital Management Group 4,844,851,075 34
Seven Investment Management LLP 4,779,803,646 35
Close Asset Management (UK) Ltd 4,774,824,151 36
FundRock Partners Limited 4,328,294,609 37
Valu-Trac Investment Management Ltd 3,683,312,816 38
Franklin Templeton Funds 3,397,215,134 39
Virgin Money Unit Trust Managers Limited 3,169,696,718 40
Santander Asset Management (SAM UK) 3,030,755,630 41
Margetts Fund Management Ltd 2,765,554,083 42
Smith & Williamson Fund Administration 2,575,120,851 43
Legg Mason Investment (Funds) Limited 2,573,219,298 44
Sarasin & Partners LLP 2,457,631,227 45
Investment Fund Services Limited (IFSL) 2,440,955,141 46
UBS Asset Management Funds Ltd 2,420,492,893 47
RBS Collective Investment Funds Limited 2,243,940,250 48
Baring Fund Managers Limited 2,071,168,252 49
Barclays Asset Managers Limited 1,801,354,367 50
Castlefield 1,605,485,355 51
Lazard Fund Managers Limited 1,524,874,996 52
Natixis Global Asset Management 1,465,419,758 53
Morgan Stanley Investment Management Ltd 1,311,006,775 54
EdenTree Investment Management Limited 1,298,949,763 55
Marks & Spencer Unit Trust Managers Ltd 1,277,202,963 56
Rathbone Unit Trust Management Limited 1,250,687,816 57
McInroy & Wood Portfolios Ltd 1,245,544,264 58
NFU Mutual Unit Managers Ltd 1,155,772,909 59
Unicorn Asset Management Limited 1,074,282,880 60
Scottish Widows Unit Trusts Managers 999,161,106 61
TIME Investments 873,865,707 62
Slater Investments Ltd 867,923,613 63
River & Mercantile AM 768,846,185 64
T. Rowe Price International Limited 710,078,096 65
COURTIERS Asset Management Limited 678,784,317 66
WAY Fund Managers 621,650,842 67
Host Capital Limited 577,575,531 68
Kames Capital 499,122,662 69
Omnis Investments Limited 488,231,784 70
HBOS Investment Fund Managers Limited 473,792,407 71
SVM Asset Management Ltd 370,878,773 72
OneFamily 240,609,397 73
Carvetian Capital Management Limited 231,665,226 74
Aberforth Unit Trust Managers Limited 204,574,152 75
Wesleyan Unit Trust Managers Ltd 178,658,107 76
Equity Trustees Fund Services 177,610,164 77
GAM 174,792,187 78
Scottish Friendly Asset Managers Ltd 164,328,674 79
Equitile Investments 163,000,000 80
Orbis Investment Management (Luxembourg) SA 153,334,658 81
Consistent Unit Trust Management Co Ltd 125,159,148 82
Artemis Fund Managers Ltd 121,649,074 83
Premier Portfolio Managers Ltd 53,009,983 84
Man Fund Management UK Limited 43,258,306 85
Total 652,026,368,240