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 75,039,691,426 1
Fidelity Worldwide Investment 38,998,152,245 2
Legal & General (Unit Trust) Managers Limited 38,616,014,033 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 20,226,121,180 14
Link Fund Solutions Limited 18,608,105,432 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
Quilter Investors Limited 10,577,753,549 21
AXA IM UK Limited 10,285,860,616 22
Merian Investment Management Limited 9,083,469,235 23
HBOS Investment Fund Managers Limited 8,480,218,137 24
RLUM Ltd 8,369,720,183 25
Ninety One 8,099,381,626 26
Thesis Unit Trust Managers 7,002,969,294 27
Allianz Global Investors 6,834,287,375 28
Schroder Personal Wealth Limited 6,632,641,517 29
BMO Global Asset Management 6,591,694,286 30
Maitland Institutional Services Limited 6,272,150,294 31
T. Bailey Fund Services Limited 5,797,231,094 32
Marlborough Fund Managers Limited 5,068,896,779 33
Architas Multi-Manager Limited 4,934,819,234 34
Close Asset Management (UK) Ltd 4,901,994,044 35
FundRock Partners Limited 4,209,046,919 36
Seven Investment Management LLP 4,074,772,889 37
Valu-Trac Investment Management Ltd 3,998,357,240 38
J O Hambro Capital Management Group 3,292,640,289 39
Smith & Williamson Fund Administration 3,167,862,600 40
Santander Asset Management (SAM UK) 3,093,098,748 41
Legg Mason Investment (Funds) Limited 2,817,813,806 42
Franklin Templeton Funds 2,798,225,922 43
Margetts Fund Management Ltd 2,764,827,025 44
Virgin Money Unit Trust Managers Limited 2,715,297,653 45
Morgan Stanley Investment Management Ltd 2,570,732,482 46
Investment Fund Services Limited (IFSL) 2,551,759,241 47
Sarasin & Partners LLP 2,536,118,045 48
UBS Asset Management Funds Ltd 2,441,528,575 49
RBS Collective Investment Funds Limited 2,085,088,983 50
Baring Fund Managers Limited 1,875,029,456 51
Barclays Asset Managers Limited 1,655,525,079 52
Rathbone Unit Trust Management Limited 1,494,580,818 53
Castlefield 1,453,884,927 54
Natixis Global Asset Management 1,391,128,377 55
McInroy & Wood Portfolios Ltd 1,275,814,519 56
Lazard Fund Managers Limited 1,213,628,840 57
T. Rowe Price International Limited 1,159,446,931 58
Marks & Spencer Unit Trust Managers Ltd 1,141,823,477 59
EdenTree Investment Management Limited 1,131,310,957 60
Unicorn Asset Management Limited 934,443,043 61
Scottish Widows Unit Trusts Managers 900,943,036 62
Equity Trustees Fund Services 882,013,251 63
Slater Investments Ltd 827,326,014 64
NFU Mutual Unit Managers Ltd 791,240,611 65
DMS Investment Management Services (UK) ltd 743,424,522 66
COURTIERS Asset Management Limited 730,509,142 67
WAY Fund Managers 570,711,140 68
Omnis Investments Limited 487,445,090 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
SLTM 178,376,593 79
Wesleyan Unit Trust Managers Ltd 167,650,362 80
Orbis Investment Management (Luxembourg) SA 148,535,783 81
GAM 132,963,669 82
Consistent Unit Trust Management Co Ltd 106,197,988 83
Aberforth Unit Trust Managers Limited 98,107,492 84
Man Fund Management UK Limited 90,857,650 85
Vanguard Investments UK Limited 15,724,715 86
Total 640,168,621,249