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 | 69,557,120,525 | 1 |
| Legal & General (Unit Trust) Managers Limited | 36,986,200,915 | 2 |
| Fidelity Worldwide Investment | 35,809,890,066 | 3 |
| M&G Securities Limited | 29,473,645,332 | 4 |
| Invesco | 26,970,439,472 | 5 |
| Link Fund Solutions Limited | 26,231,585,933 | 6 |
| Jupiter Unit Trust Managers Limited | 26,103,297,024 | 7 |
| Aberdeen Standard Fund Managers Limited | 25,968,434,441 | 8 |
| Threadneedle Investment Services Ltd | 25,685,098,461 | 9 |
| BNY Mellon Fund Managers Limited | 25,103,474,553 | 10 |
| HSBC Global Asset Management (UK) Limited | 23,022,322,668 | 11 |
| Schroder Unit Trusts Limited | 22,346,469,869 | 12 |
| Janus Henderson Investors | 22,010,773,665 | 13 |
| Baillie Gifford & Co Limited | 20,428,369,601 | 14 |
| Fundsmith | 17,701,164,096 | 15 |
| J.P. Morgan Asset Management | 15,586,625,910 | 16 |
| Aviva Investors UK Fund Services Limited | 15,535,163,022 | 17 |
| First State Investments (UK) Ltd | 13,505,028,475 | 18 |
| Royal London Unit Trust Managers Ltd | 11,538,728,259 | 19 |
| Quilter Investors Limited | 10,717,461,054 | 20 |
| Merian Investment Management Limited | 10,267,161,725 | 21 |
| AXA IM UK Limited | 10,221,453,672 | 22 |
| Liontrust Fund Partners LLP | 9,988,701,539 | 23 |
| Ninety One | 8,675,313,148 | 24 |
| Maitland Institutional Services Limited | 7,207,618,221 | 25 |
| BMO Global Asset Management | 6,981,755,729 | 26 |
| Hargreaves Lansdown | 6,801,198,804 | 27 |
| RLUM Ltd | 6,002,616,178 | 28 |
| Marlborough Fund Managers Limited | 5,594,619,573 | 29 |
| T. Bailey Fund Services Limited | 5,465,624,365 | 30 |
| Thesis Unit Trust Managers | 5,401,914,947 | 31 |
| Allianz Global Investors | 5,003,975,428 | 32 |
| Architas Multi-Manager Limited | 4,867,369,730 | 33 |
| Close Asset Management (UK) Ltd | 4,581,013,220 | 34 |
| Seven Investment Management LLP | 4,395,691,452 | 35 |
| J O Hambro Capital Management Group | 4,328,292,107 | 36 |
| FundRock Partners Limited | 4,171,115,937 | 37 |
| Valu-Trac Investment Management Ltd | 3,640,729,644 | 38 |
| Franklin Templeton Funds | 3,105,814,008 | 39 |
| Santander Asset Management (SAM UK) | 3,049,843,093 | 40 |
| Virgin Money Unit Trust Managers Limited | 2,890,124,221 | 41 |
| Margetts Fund Management Ltd | 2,617,252,186 | 42 |
| Smith & Williamson Fund Administration | 2,434,967,384 | 43 |
| Legg Mason Investment (Funds) Limited | 2,403,170,435 | 44 |
| UBS Asset Management Funds Ltd | 2,401,117,646 | 45 |
| Investment Fund Services Limited (IFSL) | 2,361,842,047 | 46 |
| Sarasin & Partners LLP | 2,311,493,356 | 47 |
| RBS Collective Investment Funds Limited | 2,118,403,838 | 48 |
| Baring Fund Managers Limited | 1,895,004,239 | 49 |
| Barclays Asset Managers Limited | 1,698,748,653 | 50 |
| Castlefield | 1,474,026,666 | 51 |
| Natixis Global Asset Management | 1,391,128,377 | 52 |
| Lazard Fund Managers Limited | 1,369,290,323 | 53 |
| Morgan Stanley Investment Management Ltd | 1,242,170,491 | 54 |
| Rathbone Unit Trust Management Limited | 1,239,863,134 | 55 |
| Marks & Spencer Unit Trust Managers Ltd | 1,216,666,468 | 56 |
| EdenTree Investment Management Limited | 1,214,905,491 | 57 |
| McInroy & Wood Portfolios Ltd | 1,195,416,715 | 58 |
| NFU Mutual Unit Managers Ltd | 1,087,216,319 | 59 |
| Unicorn Asset Management Limited | 964,279,728 | 60 |
| Scottish Widows Unit Trusts Managers | 932,298,719 | 61 |
| Equity Trustees Fund Services | 821,123,025 | 62 |
| Slater Investments Ltd | 780,101,837 | 63 |
| T. Rowe Price International Limited | 718,173,352 | 64 |
| COURTIERS Asset Management Limited | 649,384,469 | 65 |
| WAY Fund Managers | 593,537,691 | 66 |
| DMS Investment Management Services (UK) ltd | 566,264,357 | 67 |
| Kames Capital | 495,117,524 | 68 |
| Omnis Investments Limited | 472,409,743 | 69 |
| HBOS Investment Fund Managers Limited | 463,582,744 | 70 |
| TIME Investments | 423,659,664 | 71 |
| SVM Asset Management Ltd | 320,359,708 | 72 |
| Carvetian Capital Management Limited | 218,128,354 | 73 |
| OneFamily | 217,068,832 | 74 |
| Aberforth Unit Trust Managers Limited | 183,038,893 | 75 |
| Scottish Friendly Asset Managers Ltd | 168,539,137 | 76 |
| Wesleyan Unit Trust Managers Ltd | 168,037,776 | 77 |
| GAM | 160,752,870 | 78 |
| Equitile Investments | 157,000,000 | 79 |
| Orbis Investment Management (Luxembourg) SA | 147,178,041 | 80 |
| Artemis Fund Managers Ltd | 135,120,103 | 81 |
| Consistent Unit Trust Management Co Ltd | 111,308,931 | 82 |
| Premier Portfolio Managers Ltd | 49,194,436 | 83 |
| Man Fund Management UK Limited | 44,214,564 | 84 |
| Total | 611,245,181,676 |
