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 | 62,649,354,298 | 1 |
| Legal & General (Unit Trust) Managers Limited | 33,455,406,234 | 2 |
| Fidelity Worldwide Investment | 32,558,731,984 | 3 |
| M&G Securities Limited | 25,461,060,730 | 4 |
| Link Fund Solutions Limited | 23,553,977,420 | 5 |
| Aberdeen Standard Fund Managers Limited | 23,444,272,967 | 6 |
| Threadneedle Investment Services Ltd | 22,877,424,724 | 7 |
| Jupiter Unit Trust Managers Limited | 22,756,563,132 | 8 |
| BNY Mellon Fund Managers Limited | 22,378,324,378 | 9 |
| Invesco | 22,131,194,863 | 10 |
| HSBC Global Asset Management (UK) Limited | 21,239,830,252 | 11 |
| Janus Henderson Investors | 19,837,659,117 | 12 |
| Baillie Gifford & Co Limited | 18,746,774,880 | 13 |
| Schroder Unit Trusts Limited | 17,914,724,692 | 14 |
| Fundsmith | 16,717,113,808 | 15 |
| J.P. Morgan Asset Management | 14,075,181,949 | 16 |
| Aviva Investors UK Fund Services Limited | 13,804,553,604 | 17 |
| First State Investments (UK) Ltd | 11,772,766,128 | 18 |
| Royal London Unit Trust Managers Ltd | 11,192,374,113 | 19 |
| Quilter Investors Limited | 9,012,988,905 | 20 |
| AXA IM UK Limited | 8,960,816,403 | 21 |
| Liontrust Fund Partners LLP | 8,647,545,772 | 22 |
| Merian Investment Management Limited | 8,176,537,850 | 23 |
| Ninety One | 7,512,077,149 | 24 |
| Maitland Institutional Services Limited | 6,136,993,239 | 25 |
| BMO Global Asset Management | 6,000,882,848 | 26 |
| Hargreaves Lansdown | 5,611,086,118 | 27 |
| RLUM Ltd | 5,523,333,216 | 28 |
| Allianz Global Investors | 5,262,738,106 | 29 |
| T. Bailey Fund Services Limited | 4,812,864,784 | 30 |
| Thesis Unit Trust Managers | 4,595,501,108 | 31 |
| Marlborough Fund Managers Limited | 4,384,879,174 | 32 |
| Architas Multi-Manager Limited | 4,377,170,585 | 33 |
| Close Asset Management (UK) Ltd | 4,148,085,346 | 34 |
| Seven Investment Management LLP | 3,940,458,055 | 35 |
| FundRock Partners Limited | 3,684,518,252 | 36 |
| J O Hambro Capital Management Group | 3,453,477,432 | 37 |
| Valu-Trac Investment Management Ltd | 3,211,256,362 | 38 |
| Franklin Templeton Funds | 2,476,093,056 | 39 |
| Santander Asset Management (SAM UK) | 2,432,495,990 | 40 |
| Virgin Money Unit Trust Managers Limited | 2,422,957,461 | 41 |
| Margetts Fund Management Ltd | 2,335,349,551 | 42 |
| Legg Mason Investment (Funds) Limited | 2,170,288,481 | 43 |
| Smith & Williamson Fund Administration | 2,091,107,354 | 44 |
| Sarasin & Partners LLP | 2,072,478,935 | 45 |
| UBS Asset Management Funds Ltd | 2,069,007,149 | 46 |
| Investment Fund Services Limited (IFSL) | 2,064,753,937 | 47 |
| RBS Collective Investment Funds Limited | 1,868,222,841 | 48 |
| Baring Fund Managers Limited | 1,565,280,967 | 49 |
| Barclays Asset Managers Limited | 1,408,291,445 | 50 |
| Natixis Global Asset Management | 1,391,128,377 | 51 |
| Morgan Stanley Investment Management Ltd | 1,236,335,693 | 52 |
| Castlefield | 1,228,461,513 | 53 |
| Rathbone Unit Trust Management Limited | 1,183,596,273 | 54 |
| Lazard Fund Managers Limited | 1,145,555,998 | 55 |
| McInroy & Wood Portfolios Ltd | 1,104,541,466 | 56 |
| EdenTree Investment Management Limited | 1,043,941,549 | 57 |
| Marks & Spencer Unit Trust Managers Ltd | 1,032,202,140 | 58 |
| NFU Mutual Unit Managers Ltd | 929,711,556 | 59 |
| Scottish Widows Unit Trusts Managers | 781,999,042 | 60 |
| Unicorn Asset Management Limited | 749,618,167 | 61 |
| T. Rowe Price International Limited | 741,118,495 | 62 |
| Slater Investments Ltd | 650,509,802 | 63 |
| Equity Trustees Fund Services | 650,338,761 | 64 |
| COURTIERS Asset Management Limited | 583,024,763 | 65 |
| WAY Fund Managers | 527,764,808 | 66 |
| DMS Investment Management Services (UK) ltd | 499,037,071 | 67 |
| Kames Capital | 444,823,711 | 68 |
| HBOS Investment Fund Managers Limited | 443,001,711 | 69 |
| Omnis Investments Limited | 420,903,298 | 70 |
| TIME Investments | 416,072,560 | 71 |
| SVM Asset Management Ltd | 250,015,808 | 72 |
| Carvetian Capital Management Limited | 199,251,361 | 73 |
| OneFamily | 192,913,490 | 74 |
| Scottish Friendly Asset Managers Ltd | 171,691,653 | 75 |
| Wesleyan Unit Trust Managers Ltd | 148,088,086 | 76 |
| Equitile Investments | 143,000,000 | 77 |
| Artemis Fund Managers Ltd | 135,219,611 | 78 |
| Orbis Investment Management (Luxembourg) SA | 126,576,710 | 79 |
| Aberforth Unit Trust Managers Limited | 122,595,195 | 80 |
| GAM | 118,065,652 | 81 |
| Consistent Unit Trust Management Co Ltd | 89,326,125 | 82 |
| Man Fund Management UK Limited | 45,512,088 | 83 |
| Premier Portfolio Managers Ltd | 43,598,259 | 84 |
| Vanguard Investments UK Limited | 10,299,911 | 85 |
| Total | 541,410,385,419 |
