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 | 71,638,185,209 | 1 |
| Fidelity Worldwide Investment | 36,798,152,210 | 2 |
| Legal & General (Unit Trust) Managers Limited | 35,949,481,964 | 3 |
| M&G Securities Limited | 27,701,980,311 | 4 |
| Link Fund Solutions Limited | 26,864,289,230 | 5 |
| Aberdeen Standard Fund Managers Limited | 26,827,152,470 | 6 |
| Threadneedle Investment Services Ltd | 25,601,087,610 | 7 |
| Jupiter Unit Trust Managers Limited | 24,858,202,316 | 8 |
| HSBC Global Asset Management (UK) Limited | 23,766,733,993 | 9 |
| Baillie Gifford & Co Limited | 23,639,512,542 | 10 |
| BNY Mellon Fund Managers Limited | 23,607,666,099 | 11 |
| Invesco | 23,101,109,683 | 12 |
| Janus Henderson Investors | 21,578,998,318 | 13 |
| Fundsmith | 20,091,080,122 | 14 |
| Schroder Unit Trusts Limited | 19,716,599,521 | 15 |
| J.P. Morgan Asset Management | 16,266,948,826 | 16 |
| Aviva Investors UK Fund Services Limited | 14,735,934,495 | 17 |
| First State Investments (UK) Ltd | 12,746,036,235 | 18 |
| Royal London Unit Trust Managers Ltd | 12,160,764,692 | 19 |
| Quilter Investors Limited | 10,301,856,048 | 20 |
| AXA IM UK Limited | 10,269,360,396 | 21 |
| Liontrust Fund Partners LLP | 10,253,887,242 | 22 |
| Merian Investment Management Limited | 8,696,756,992 | 23 |
| HBOS Investment Fund Managers Limited | 8,461,069,700 | 24 |
| Ninety One | 8,298,530,058 | 25 |
| RLUM Ltd | 7,134,356,307 | 26 |
| Maitland Institutional Services Limited | 6,728,140,169 | 27 |
| BMO Global Asset Management | 6,654,267,785 | 28 |
| Schroder Personal Wealth Limited | 6,402,775,201 | 29 |
| Hargreaves Lansdown | 6,184,503,135 | 30 |
| Thesis Unit Trust Managers | 6,064,984,727 | 31 |
| Allianz Global Investors | 6,027,697,420 | 32 |
| T. Bailey Fund Services Limited | 5,810,577,258 | 33 |
| Marlborough Fund Managers Limited | 4,999,326,251 | 34 |
| Architas Multi-Manager Limited | 4,799,036,420 | 35 |
| Close Asset Management (UK) Ltd | 4,499,944,022 | 36 |
| Seven Investment Management LLP | 4,119,518,915 | 37 |
| FundRock Partners Limited | 3,932,361,595 | 38 |
| Valu-Trac Investment Management Ltd | 3,744,908,897 | 39 |
| J O Hambro Capital Management Group | 3,602,356,943 | 40 |
| Smith & Williamson Fund Administration | 3,027,467,577 | 41 |
| Franklin Templeton Funds | 2,859,262,667 | 42 |
| Santander Asset Management (SAM UK) | 2,755,822,723 | 43 |
| Virgin Money Unit Trust Managers Limited | 2,705,459,349 | 44 |
| Legg Mason Investment (Funds) Limited | 2,680,404,982 | 45 |
| Margetts Fund Management Ltd | 2,661,144,992 | 46 |
| Investment Fund Services Limited (IFSL) | 2,569,679,253 | 47 |
| Sarasin & Partners LLP | 2,314,877,475 | 48 |
| UBS Asset Management Funds Ltd | 2,247,091,945 | 49 |
| Morgan Stanley Investment Management Ltd | 2,147,532,157 | 50 |
| RBS Collective Investment Funds Limited | 2,047,989,670 | 51 |
| Baring Fund Managers Limited | 1,819,992,316 | 52 |
| Barclays Asset Managers Limited | 1,648,237,289 | 53 |
| Rathbone Unit Trust Management Limited | 1,495,103,464 | 54 |
| Castlefield | 1,460,616,004 | 55 |
| Natixis Global Asset Management | 1,391,128,377 | 56 |
| McInroy & Wood Portfolios Ltd | 1,246,399,571 | 57 |
| Lazard Fund Managers Limited | 1,238,554,972 | 58 |
| Marks & Spencer Unit Trust Managers Ltd | 1,138,292,336 | 59 |
| EdenTree Investment Management Limited | 1,134,263,853 | 60 |
| Unicorn Asset Management Limited | 916,216,416 | 61 |
| NFU Mutual Unit Managers Ltd | 884,644,428 | 62 |
| Scottish Widows Unit Trusts Managers | 884,496,854 | 63 |
| T. Rowe Price International Limited | 805,263,914 | 64 |
| Slater Investments Ltd | 765,043,313 | 65 |
| Equity Trustees Fund Services | 738,132,045 | 66 |
| DMS Investment Management Services (UK) ltd | 695,194,559 | 67 |
| COURTIERS Asset Management Limited | 686,283,846 | 68 |
| WAY Fund Managers | 555,468,825 | 69 |
| Omnis Investments Limited | 464,812,727 | 70 |
| Aegon Asset Management UK plc | 430,813,257 | 71 |
| TIME Investments | 416,893,003 | 72 |
| SVM Asset Management Ltd | 314,916,525 | 73 |
| Artemis Fund Managers Ltd | 239,624,012 | 74 |
| Carvetian Capital Management Limited | 221,761,414 | 75 |
| OneFamily | 208,880,831 | 76 |
| Equitile Investments | 184,228,025 | 77 |
| SLTM | 169,604,420 | 78 |
| Scottish Friendly Asset Managers Ltd | 168,305,352 | 79 |
| Wesleyan Unit Trust Managers Ltd | 164,164,645 | 80 |
| GAM | 144,912,661 | 81 |
| Orbis Investment Management (Luxembourg) SA | 142,137,565 | 82 |
| Aberforth Unit Trust Managers Limited | 110,741,290 | 83 |
| Consistent Unit Trust Management Co Ltd | 102,659,191 | 84 |
| Man Fund Management UK Limited | 60,787,149 | 85 |
| Premier Portfolio Managers Ltd | 49,306,929 | 86 |
| Vanguard Investments UK Limited | 14,576,140 | 87 |
| Total | 624,247,059,106 |
