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 73,001,388,043 1
Fidelity Worldwide Investment 38,287,498,430 2
Legal & General (Unit Trust) Managers Limited 36,629,571,947 3
M&G Securities Limited 27,978,895,801 4
Aberdeen Standard Fund Managers Limited 27,214,877,894 5
Baillie Gifford & Co Limited 25,622,164,162 6
Threadneedle Investment Services Ltd 25,490,054,778 7
Jupiter Unit Trust Managers Limited 25,067,802,025 8
HSBC Global Asset Management (UK) Limited 24,379,517,752 9
Invesco 24,078,225,252 10
BNY Mellon Fund Managers Limited 23,820,428,283 11
Janus Henderson Investors 21,958,701,459 12
Fundsmith 20,256,032,987 13
Schroder Unit Trusts Limited 20,041,561,698 14
Link Fund Solutions Limited 18,094,065,788 15
J.P. Morgan Asset Management 16,850,208,065 16
Aviva Investors UK Fund Services Limited 14,878,943,211 17
First State Investments (UK) Ltd 13,261,742,452 18
Royal London Unit Trust Managers Ltd 12,371,455,740 19
Quilter Investors Limited 10,482,231,362 20
AXA IM UK Limited 10,388,651,448 21
Liontrust Fund Partners LLP 10,193,910,678 22
Merian Investment Management Limited 9,103,508,097 23
HBOS Investment Fund Managers Limited 8,546,352,108 24
Ninety One 8,214,575,724 25
RLUM Ltd 7,523,213,154 26
Maitland Institutional Services Limited 6,816,483,197 27
BMO Global Asset Management 6,716,386,129 28
Schroder Personal Wealth Limited 6,496,406,673 29
Allianz Global Investors 6,321,839,442 30
Thesis Unit Trust Managers 6,297,962,147 31
T. Bailey Fund Services Limited 5,778,272,509 32
Marlborough Fund Managers Limited 4,970,177,739 33
Architas Multi-Manager Limited 4,859,170,554 34
Close Asset Management (UK) Ltd 4,761,024,709 35
Seven Investment Management LLP 4,106,033,200 36
FundRock Partners Limited 4,068,990,147 37
Valu-Trac Investment Management Ltd 3,792,930,633 38
J O Hambro Capital Management Group 3,573,094,063 39
Santander Asset Management (SAM UK) 3,083,664,076 40
Smith & Williamson Fund Administration 3,067,542,972 41
Franklin Templeton Funds 2,871,120,556 42
Virgin Money Unit Trust Managers Limited 2,751,204,706 43
Legg Mason Investment (Funds) Limited 2,726,803,922 44
Margetts Fund Management Ltd 2,708,110,144 45
Investment Fund Services Limited (IFSL) 2,497,662,711 46
UBS Asset Management Funds Ltd 2,370,679,280 47
Sarasin & Partners LLP 2,366,013,579 48
Morgan Stanley Investment Management Ltd 2,340,651,707 49
RBS Collective Investment Funds Limited 2,078,357,462 50
Baring Fund Managers Limited 1,846,874,005 51
Barclays Asset Managers Limited 1,656,710,226 52
Castlefield 1,453,884,927 53
Rathbone Unit Trust Management Limited 1,436,988,170 54
Natixis Global Asset Management 1,391,128,377 55
McInroy & Wood Portfolios Ltd 1,268,241,917 56
Lazard Fund Managers Limited 1,238,538,321 57
EdenTree Investment Management Limited 1,149,136,976 58
Marks & Spencer Unit Trust Managers Ltd 1,144,555,351 59
T. Rowe Price International Limited 1,030,133,463 60
Unicorn Asset Management Limited 919,815,259 61
Scottish Widows Unit Trusts Managers 894,834,954 62
NFU Mutual Unit Managers Ltd 793,621,645 63
Slater Investments Ltd 789,321,255 64
Equity Trustees Fund Services 751,781,836 65
COURTIERS Asset Management Limited 715,961,805 66
DMS Investment Management Services (UK) ltd 713,300,200 67
WAY Fund Managers 564,083,869 68
Omnis Investments Limited 476,295,001 69
Aegon Asset Management UK plc 427,904,904 70
TIME Investments 413,932,702 71
SVM Asset Management Ltd 318,871,655 72
Artemis Fund Managers Ltd 296,400,922 73
Carvetian Capital Management Limited 221,131,843 74
OneFamily 209,800,106 75
Equitile Investments 184,228,025 76
Scottish Friendly Asset Managers Ltd 173,539,183 77
SLTM 169,299,609 78
Wesleyan Unit Trust Managers Ltd 167,394,600 79
Orbis Investment Management (Luxembourg) SA 146,486,493 80
GAM 144,585,704 81
Consistent Unit Trust Management Co Ltd 105,014,238 82
Aberforth Unit Trust Managers Limited 103,462,984 83
Man Fund Management UK Limited 75,028,549 84
Premier Portfolio Managers Ltd 49,906,806 85
Vanguard Investments UK Limited 14,592,003 86
Total 628,648,138,768