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 75,376,681,013 1
Fidelity Worldwide Investment 38,513,936,874 2
Legal & General (Unit Trust) Managers Limited 36,924,073,548 3
Baillie Gifford & Co Limited 31,561,224,911 4
Aberdeen Standard Fund Managers Limited 24,637,324,712 5
Threadneedle Investment Services Ltd 24,603,375,204 6
M&G Securities Limited 24,544,882,518 7
HSBC Global Asset Management (UK) Limited 23,957,201,228 8
Jupiter Unit Trust Managers Limited 23,668,916,019 9
BNY Mellon Fund Managers Limited 22,094,486,621 10
Invesco 21,838,399,570 11
Janus Henderson Investors 21,792,444,870 12
Fundsmith 21,175,176,430 13
Schroder Unit Trusts Limited 19,270,735,695 14
J.P. Morgan Asset Management 18,576,271,859 15
Link Fund Solutions Limited 17,859,125,383 16
Liontrust Fund Partners LLP 15,118,101,670 17
Aviva Investors UK Fund Services Limited 13,725,632,637 18
First Sentier Investors 13,714,601,382 19
Royal London Unit Trust Managers Ltd 12,212,195,909 20
Quilter Investors Limited 10,382,515,732 21
AXA IM UK Limited 9,992,057,748 22
RLUM Ltd 8,835,649,176 23
Merian Investment Management Limited 8,486,279,447 24
Ninety One Fund Managers UK Limited 7,469,742,219 25
Thesis Unit Trust Managers 7,153,325,693 26
Allianz Global Investors 7,116,349,187 27
Schroder Personal Wealth Limited 6,436,146,357 28
HBOS Investment Fund Managers Limited 6,420,030,405 29
BMO Global Asset Management 6,138,049,189 30
Maitland Institutional Services Limited 5,810,380,197 31
T. Bailey Fund Services Limited 5,662,537,110 32
Marlborough Fund Managers Limited 4,878,193,608 33
Close Asset Management (UK) Ltd 4,740,339,958 34
FundRock Partners Limited 4,166,446,025 35
Valu-Trac Investment Management Ltd 4,058,606,404 36
Seven Investment Management LLP 3,866,480,286 37
Legg Mason Investment (Funds) Limited 3,189,225,926 38
Smith & Williamson Fund Administration 3,138,531,427 39
Santander Asset Management (SAM UK) 2,954,540,779 40
J O Hambro Capital Management Group 2,932,837,601 41
Margetts Fund Management Ltd 2,672,325,176 42
Franklin Templeton Funds 2,642,139,877 43
Morgan Stanley Investment Management Ltd 2,571,429,465 44
Investment Fund Services Limited (IFSL) 2,536,178,024 45
Virgin Money Unit Trust Managers Limited 2,530,956,666 46
Sarasin & Partners LLP 2,495,042,757 47
UBS Asset Management Funds Ltd 2,435,147,893 48
RBS Collective Investment Funds Limited 2,014,186,355 49
Scottish Widows Unit Trusts Managers 1,861,265,016 50
Rathbone Unit Trust Management Limited 1,596,470,519 51
Barclays Asset Managers Limited 1,593,427,247 52
Baring Fund Managers Limited 1,592,123,553 53
ConBrio Fund Partners Limited 1,537,242,555 54
Natixis Global Asset Management 1,391,128,377 55
T. Rowe Price International Limited 1,262,821,144 56
McInroy & Wood Portfolios Ltd 1,257,796,901 57
Equity Trustees Fund Services 1,154,906,969 58
Lazard Fund Managers Limited 1,131,408,253 59
EdenTree Investment Management Limited 1,099,007,300 60
Marks & Spencer Unit Trust Managers Ltd 1,091,782,880 61
Unicorn Asset Management Limited 869,941,407 62
Slater Investments Ltd 821,386,311 63
NFU Mutual Unit Managers Ltd 773,042,937 64
DMS Investment Management Services (UK) ltd 742,938,811 65
COURTIERS Asset Management Limited 711,117,994 66
WAY Fund Managers 563,155,774 67
Omnis Investments Limited 477,714,745 68
Artemis Fund Managers Ltd 442,210,494 69
Aegon Asset Management UK plc 416,622,603 70
TIME Investments 350,345,077 71
SVM Asset Management Ltd 326,425,850 72
Premier Portfolio Managers Ltd 258,145,481 73
Carvetian Capital Management Limited 214,504,377 74
Equitile Investments 193,800,279 75
OneFamily 192,457,341 76
Scottish Friendly Asset Managers Ltd 176,378,295 77
SLTM 172,703,710 78
Wesleyan Unit Trust Managers Ltd 164,648,171 79
Orbis Investment Management (Luxembourg) SA 133,664,353 80
GAM 122,170,585 81
Consistent Unit Trust Management Co Ltd 102,280,165 82
Aberforth Unit Trust Managers Limited 94,791,546 83
Man Fund Management UK Limited 92,157,698 84
Vanguard Investments UK Limited 15,558,784 85
Total 625,825,604,429