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 | 76,030,920,334 | 1 |
| Fidelity Worldwide Investment | 39,082,433,048 | 2 |
| Legal & General (Unit Trust) Managers Limited | 38,258,231,525 | 3 |
| Baillie Gifford & Co Limited | 30,735,651,648 | 4 |
| Threadneedle Investment Services Ltd | 25,543,946,664 | 5 |
| M&G Securities Limited | 25,426,016,733 | 6 |
| Aberdeen Standard Fund Managers Limited | 24,975,606,266 | 7 |
| HSBC Global Asset Management (UK) Limited | 24,833,860,989 | 8 |
| Jupiter Unit Trust Managers Limited | 24,566,674,801 | 9 |
| BNY Mellon Fund Managers Limited | 22,974,808,410 | 10 |
| Invesco | 22,420,725,220 | 11 |
| Janus Henderson Investors | 22,282,319,572 | 12 |
| Fundsmith | 21,574,964,313 | 13 |
| Schroder Unit Trusts Limited | 19,844,349,496 | 14 |
| J.P. Morgan Asset Management | 18,385,234,247 | 15 |
| Link Fund Solutions Limited | 18,287,255,946 | 16 |
| Aviva Investors UK Fund Services Limited | 14,125,514,230 | 17 |
| First Sentier Investors | 13,676,949,021 | 18 |
| Royal London Unit Trust Managers Ltd | 12,315,671,562 | 19 |
| Quilter Investors Limited | 10,561,232,208 | 20 |
| Liontrust Fund Partners LLP | 10,497,010,811 | 21 |
| AXA IM UK Limited | 10,203,326,891 | 22 |
| Merian Investment Management Limited | 8,884,141,288 | 23 |
| RLUM Ltd | 8,735,573,587 | 24 |
| Ninety One | 7,874,473,107 | 25 |
| Thesis Unit Trust Managers | 7,048,506,619 | 26 |
| Allianz Global Investors | 6,913,393,206 | 27 |
| HBOS Investment Fund Managers Limited | 6,662,357,922 | 28 |
| Schroder Personal Wealth Limited | 6,605,836,016 | 29 |
| BMO Global Asset Management | 6,477,038,931 | 30 |
| T. Bailey Fund Services Limited | 5,926,726,957 | 31 |
| Maitland Institutional Services Limited | 5,883,953,852 | 32 |
| Marlborough Fund Managers Limited | 4,994,182,451 | 33 |
| Architas Multi-Manager Limited | 4,953,693,756 | 34 |
| Close Asset Management (UK) Ltd | 4,841,847,457 | 35 |
| FundRock Partners Limited | 4,291,386,229 | 36 |
| Seven Investment Management LLP | 3,994,944,506 | 37 |
| Valu-Trac Investment Management Ltd | 3,985,529,669 | 38 |
| Smith & Williamson Fund Administration | 3,143,934,075 | 39 |
| Legg Mason Investment (Funds) Limited | 3,120,600,028 | 40 |
| J O Hambro Capital Management Group | 3,104,342,538 | 41 |
| Santander Asset Management (SAM UK) | 3,063,647,015 | 42 |
| Franklin Templeton Funds | 2,762,637,064 | 43 |
| Margetts Fund Management Ltd | 2,708,029,898 | 44 |
| Virgin Money Unit Trust Managers Limited | 2,638,901,870 | 45 |
| Morgan Stanley Investment Management Ltd | 2,598,984,718 | 46 |
| Investment Fund Services Limited (IFSL) | 2,562,140,006 | 47 |
| Sarasin & Partners LLP | 2,441,111,272 | 48 |
| UBS Asset Management Funds Ltd | 2,413,309,795 | 49 |
| RBS Collective Investment Funds Limited | 2,063,784,723 | 50 |
| Scottish Widows Unit Trusts Managers | 2,049,241,124 | 51 |
| Baring Fund Managers Limited | 1,881,323,607 | 52 |
| Barclays Asset Managers Limited | 1,635,124,171 | 53 |
| Rathbone Unit Trust Management Limited | 1,532,924,832 | 54 |
| Castlefield | 1,453,884,927 | 55 |
| Natixis Global Asset Management | 1,391,128,377 | 56 |
| McInroy & Wood Portfolios Ltd | 1,288,741,424 | 57 |
| T. Rowe Price International Limited | 1,229,446,461 | 58 |
| Lazard Fund Managers Limited | 1,177,049,859 | 59 |
| Marks & Spencer Unit Trust Managers Ltd | 1,124,405,337 | 60 |
| EdenTree Investment Management Limited | 1,120,131,101 | 61 |
| Unicorn Asset Management Limited | 914,817,181 | 62 |
| Equity Trustees Fund Services | 898,085,125 | 63 |
| Slater Investments Ltd | 830,088,860 | 64 |
| NFU Mutual Unit Managers Ltd | 791,243,602 | 65 |
| DMS Investment Management Services (UK) ltd | 734,813,571 | 66 |
| COURTIERS Asset Management Limited | 723,359,746 | 67 |
| WAY Fund Managers | 561,379,773 | 68 |
| Omnis Investments Limited | 483,320,089 | 69 |
| Aegon Asset Management UK plc | 421,524,623 | 70 |
| Artemis Fund Managers Ltd | 419,948,662 | 71 |
| TIME Investments | 405,173,719 | 72 |
| SVM Asset Management Ltd | 335,251,154 | 73 |
| Premier Portfolio Managers Ltd | 250,213,285 | 74 |
| Carvetian Capital Management Limited | 221,759,808 | 75 |
| OneFamily | 203,240,402 | 76 |
| Equitile Investments | 196,184,252 | 77 |
| Scottish Friendly Asset Managers Ltd | 182,888,263 | 78 |
| SLTM | 174,434,856 | 79 |
| Wesleyan Unit Trust Managers Ltd | 167,897,048 | 80 |
| Orbis Investment Management (Luxembourg) SA | 147,822,682 | 81 |
| GAM | 127,463,693 | 82 |
| Consistent Unit Trust Management Co Ltd | 102,716,239 | 83 |
| Aberforth Unit Trust Managers Limited | 93,095,627 | 84 |
| Man Fund Management UK Limited | 91,459,443 | 85 |
| Vanguard Investments UK Limited | 16,289,322 | 86 |
| Total | 637,759,252,369 |
