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 | 74,985,426,546 | 1 |
| Fidelity Worldwide Investment | 38,998,152,245 | 2 |
| Legal & General (Unit Trust) Managers Limited | 38,418,031,086 | 3 |
| Baillie Gifford & Co Limited | 29,281,287,645 | 4 |
| M&G Securities Limited | 25,965,056,571 | 5 |
| Threadneedle Investment Services Ltd | 25,765,425,241 | 6 |
| Aberdeen Standard Fund Managers Limited | 25,454,387,804 | 7 |
| HSBC Global Asset Management (UK) Limited | 24,941,518,566 | 8 |
| Jupiter Unit Trust Managers Limited | 24,752,695,973 | 9 |
| BNY Mellon Fund Managers Limited | 23,770,962,961 | 10 |
| Invesco | 23,087,745,553 | 11 |
| Janus Henderson Investors | 22,326,213,797 | 12 |
| Fundsmith | 21,461,110,114 | 13 |
| Schroder Unit Trusts Limited | 19,570,175,361 | 14 |
| Link Fund Solutions Limited | 18,585,534,942 | 15 |
| J.P. Morgan Asset Management | 17,938,497,183 | 16 |
| Aviva Investors UK Fund Services Limited | 14,519,775,912 | 17 |
| First State Investments (UK) Ltd | 13,427,816,702 | 18 |
| Royal London Unit Trust Managers Ltd | 12,368,301,051 | 19 |
| Liontrust Fund Partners LLP | 10,647,254,797 | 20 |
| AXA IM UK Limited | 10,285,860,616 | 21 |
| Quilter Investors Limited | 10,166,010,691 | 22 |
| Merian Investment Management Limited | 9,083,469,235 | 23 |
| RLUM Ltd | 8,369,720,183 | 24 |
| Ninety One | 8,099,381,626 | 25 |
| Allianz Global Investors | 6,834,287,375 | 26 |
| Schroder Personal Wealth Limited | 6,632,641,517 | 27 |
| BMO Global Asset Management | 6,591,694,286 | 28 |
| Maitland Institutional Services Limited | 6,260,371,736 | 29 |
| Thesis Unit Trust Managers | 6,036,391,836 | 30 |
| T. Bailey Fund Services Limited | 5,797,231,094 | 31 |
| Marlborough Fund Managers Limited | 5,068,896,779 | 32 |
| Architas Multi-Manager Limited | 4,934,819,234 | 33 |
| Close Asset Management (UK) Ltd | 4,901,994,044 | 34 |
| FundRock Partners Limited | 4,209,046,919 | 35 |
| Seven Investment Management LLP | 4,074,772,889 | 36 |
| Valu-Trac Investment Management Ltd | 3,940,645,214 | 37 |
| J O Hambro Capital Management Group | 3,292,640,289 | 38 |
| Santander Asset Management (SAM UK) | 3,093,098,748 | 39 |
| Legg Mason Investment (Funds) Limited | 2,817,813,806 | 40 |
| Franklin Templeton Funds | 2,798,225,922 | 41 |
| Margetts Fund Management Ltd | 2,764,827,025 | 42 |
| Virgin Money Unit Trust Managers Limited | 2,715,297,653 | 43 |
| Sarasin & Partners LLP | 2,536,118,045 | 44 |
| Investment Fund Services Limited (IFSL) | 2,483,713,426 | 45 |
| Smith & Williamson Fund Administration | 2,477,691,570 | 46 |
| UBS Asset Management Funds Ltd | 2,441,528,575 | 47 |
| RBS Collective Investment Funds Limited | 2,085,088,983 | 48 |
| Baring Fund Managers Limited | 1,875,029,456 | 49 |
| Barclays Asset Managers Limited | 1,655,525,079 | 50 |
| Morgan Stanley Investment Management Ltd | 1,634,321,432 | 51 |
| Castlefield | 1,453,884,927 | 52 |
| Natixis Global Asset Management | 1,391,128,377 | 53 |
| Rathbone Unit Trust Management Limited | 1,350,647,309 | 54 |
| McInroy & Wood Portfolios Ltd | 1,275,814,519 | 55 |
| Lazard Fund Managers Limited | 1,213,628,840 | 56 |
| T. Rowe Price International Limited | 1,159,446,931 | 57 |
| Marks & Spencer Unit Trust Managers Ltd | 1,141,823,477 | 58 |
| EdenTree Investment Management Limited | 1,131,310,957 | 59 |
| Unicorn Asset Management Limited | 934,443,043 | 60 |
| Scottish Widows Unit Trusts Managers | 900,943,036 | 61 |
| Equity Trustees Fund Services | 882,013,251 | 62 |
| Slater Investments Ltd | 827,326,014 | 63 |
| NFU Mutual Unit Managers Ltd | 791,240,611 | 64 |
| COURTIERS Asset Management Limited | 730,509,142 | 65 |
| DMS Investment Management Services (UK) ltd | 602,487,482 | 66 |
| WAY Fund Managers | 570,711,140 | 67 |
| Omnis Investments Limited | 487,445,090 | 68 |
| HBOS Investment Fund Managers Limited | 434,626,397 | 69 |
| Aegon Asset Management UK plc | 424,486,553 | 70 |
| TIME Investments | 416,133,963 | 71 |
| Artemis Fund Managers Ltd | 391,167,467 | 72 |
| SVM Asset Management Ltd | 339,599,914 | 73 |
| Premier Portfolio Managers Ltd | 258,254,522 | 74 |
| Carvetian Capital Management Limited | 223,380,906 | 75 |
| Equitile Investments | 207,552,324 | 76 |
| OneFamily | 207,387,317 | 77 |
| Scottish Friendly Asset Managers Ltd | 182,966,991 | 78 |
| Wesleyan Unit Trust Managers Ltd | 167,650,362 | 79 |
| Orbis Investment Management (Luxembourg) SA | 148,535,783 | 80 |
| GAM | 116,965,982 | 81 |
| Consistent Unit Trust Management Co Ltd | 106,197,988 | 82 |
| Aberforth Unit Trust Managers Limited | 98,107,492 | 83 |
| Man Fund Management UK Limited | 90,857,650 | 84 |
| Vanguard Investments UK Limited | 15,724,715 | 85 |
| Total | 627,644,517,013 |
