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 | 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 |
