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 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