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 | 73,305,012,794 | 1 |
| Fidelity Worldwide Investment | 38,231,133,325 | 2 |
| Legal & General (Unit Trust) Managers Limited | 36,132,445,553 | 3 |
| Baillie Gifford & Co Limited | 27,146,233,531 | 4 |
| M&G Securities Limited | 25,840,322,632 | 5 |
| Aberdeen Standard Fund Managers Limited | 25,724,048,437 | 6 |
| Threadneedle Investment Services Ltd | 25,303,830,802 | 7 |
| Jupiter Unit Trust Managers Limited | 24,620,929,211 | 8 |
| HSBC Global Asset Management (UK) Limited | 24,124,336,926 | 9 |
| BNY Mellon Fund Managers Limited | 23,531,941,550 | 10 |
| Invesco | 23,241,881,590 | 11 |
| Janus Henderson Investors | 21,984,579,307 | 12 |
| Fundsmith | 20,513,234,220 | 13 |
| Schroder Unit Trusts Limited | 18,984,097,993 | 14 |
| Link Fund Solutions Limited | 18,055,001,685 | 15 |
| J.P. Morgan Asset Management | 17,191,401,376 | 16 |
| Aviva Investors UK Fund Services Limited | 14,072,505,544 | 17 |
| First State Investments (UK) Ltd | 13,301,776,902 | 18 |
| Royal London Unit Trust Managers Ltd | 12,228,672,151 | 19 |
| AXA IM UK Limited | 10,360,501,345 | 20 |
| Liontrust Fund Partners LLP | 10,359,471,909 | 21 |
| Quilter Investors Limited | 10,011,630,553 | 22 |
| Merian Investment Management Limited | 8,720,336,505 | 23 |
| Ninety One | 8,138,794,699 | 24 |
| RLUM Ltd | 7,921,870,524 | 25 |
| Maitland Institutional Services Limited | 6,692,593,238 | 26 |
| Allianz Global Investors | 6,601,236,259 | 27 |
| BMO Global Asset Management | 6,532,342,516 | 28 |
| Schroder Personal Wealth Limited | 6,383,922,508 | 29 |
| Thesis Unit Trust Managers | 5,936,132,613 | 30 |
| T. Bailey Fund Services Limited | 5,707,272,552 | 31 |
| Marlborough Fund Managers Limited | 4,941,631,286 | 32 |
| Architas Multi-Manager Limited | 4,883,161,237 | 33 |
| Close Asset Management (UK) Ltd | 4,801,655,649 | 34 |
| FundRock Partners Limited | 4,149,238,805 | 35 |
| Seven Investment Management LLP | 4,051,170,474 | 36 |
| Valu-Trac Investment Management Ltd | 3,803,823,976 | 37 |
| J O Hambro Capital Management Group | 3,258,809,537 | 38 |
| Santander Asset Management (SAM UK) | 3,069,870,989 | 39 |
| Franklin Templeton Funds | 2,783,493,013 | 40 |
| Legg Mason Investment (Funds) Limited | 2,724,596,032 | 41 |
| Margetts Fund Management Ltd | 2,722,518,533 | 42 |
| Virgin Money Unit Trust Managers Limited | 2,655,947,681 | 43 |
| UBS Asset Management Funds Ltd | 2,464,074,698 | 44 |
| Sarasin & Partners LLP | 2,453,540,850 | 45 |
| Investment Fund Services Limited (IFSL) | 2,437,443,458 | 46 |
| Smith & Williamson Fund Administration | 2,434,292,769 | 47 |
| RBS Collective Investment Funds Limited | 2,049,259,271 | 48 |
| Baring Fund Managers Limited | 1,849,432,322 | 49 |
| Barclays Asset Managers Limited | 1,629,497,636 | 50 |
| Morgan Stanley Investment Management Ltd | 1,571,352,501 | 51 |
| Castlefield | 1,453,884,927 | 52 |
| Natixis Global Asset Management | 1,391,128,377 | 53 |
| Rathbone Unit Trust Management Limited | 1,312,457,177 | 54 |
| McInroy & Wood Portfolios Ltd | 1,258,258,452 | 55 |
| Lazard Fund Managers Limited | 1,213,112,418 | 56 |
| Marks & Spencer Unit Trust Managers Ltd | 1,132,814,833 | 57 |
| EdenTree Investment Management Limited | 1,118,720,430 | 58 |
| T. Rowe Price International Limited | 1,070,467,045 | 59 |
| Unicorn Asset Management Limited | 919,450,374 | 60 |
| Scottish Widows Unit Trusts Managers | 888,525,161 | 61 |
| NFU Mutual Unit Managers Ltd | 780,360,806 | 62 |
| Slater Investments Ltd | 774,344,071 | 63 |
| Equity Trustees Fund Services | 755,379,924 | 64 |
| COURTIERS Asset Management Limited | 708,792,115 | 65 |
| DMS Investment Management Services (UK) ltd | 591,692,859 | 66 |
| WAY Fund Managers | 562,629,920 | 67 |
| Omnis Investments Limited | 477,401,394 | 68 |
| HBOS Investment Fund Managers Limited | 441,249,500 | 69 |
| Aegon Asset Management UK plc | 425,053,228 | 70 |
| TIME Investments | 419,143,214 | 71 |
| Artemis Fund Managers Ltd | 363,246,978 | 72 |
| SVM Asset Management Ltd | 317,315,067 | 73 |
| Carvetian Capital Management Limited | 219,489,295 | 74 |
| OneFamily | 206,173,642 | 75 |
| Equitile Investments | 205,582,564 | 76 |
| Scottish Friendly Asset Managers Ltd | 172,753,751 | 77 |
| Wesleyan Unit Trust Managers Ltd | 164,871,621 | 78 |
| Orbis Investment Management (Luxembourg) SA | 143,668,042 | 79 |
| GAM | 112,995,571 | 80 |
| Consistent Unit Trust Management Co Ltd | 104,256,998 | 81 |
| Aberforth Unit Trust Managers Limited | 93,336,777 | 82 |
| Man Fund Management UK Limited | 86,742,510 | 83 |
| Premier Portfolio Managers Ltd | 49,499,636 | 84 |
| Vanguard Investments UK Limited | 14,772,780 | 85 |
| Total | 612,929,560,829 |
