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 | 81,927,447,332 | 1 |
| Baillie Gifford & Co | 44,219,596,272 | 2 |
| Fidelity Worldwide Investment | 43,529,183,285 | 3 |
| Legal & General (Unit Trust) Managers Limited | 40,370,998,622 | 4 |
| Aberdeen Standard Fund Managers Limited | 31,483,142,995 | 5 |
| HSBC Global Asset Management (UK) Limited | 27,552,863,962 | 6 |
| Threadneedle Investment Services Ltd | 26,575,567,772 | 7 |
| M&G Securities Limited | 25,559,725,558 | 8 |
| Jupiter Unit Trust Managers Limited | 25,004,062,199 | 9 |
| BNY Mellon Fund Managers Limited | 23,806,952,986 | 10 |
| Invesco | 23,761,888,437 | 11 |
| Janus Henderson Investors | 23,122,511,376 | 12 |
| Fundsmith | 22,525,598,662 | 13 |
| Schroder Unit Trusts Limited | 22,091,187,349 | 14 |
| J.P. Morgan Asset Management | 21,480,377,125 | 15 |
| Liontrust Fund Partners LLP | 16,228,301,798 | 16 |
| First Sentier Investors | 14,921,894,694 | 17 |
| Aviva Investors UK Fund Services Limited | 14,049,124,257 | 18 |
| Link Fund Solutions Limited | 13,893,222,236 | 19 |
| Royal London Unit Trust Managers Ltd | 12,818,057,773 | 20 |
| Quilter Investors Limited | 11,187,880,533 | 21 |
| AXA IM UK Limited | 10,820,485,653 | 22 |
| RLUM Ltd | 10,415,654,710 | 23 |
| Merian Investment Management Limited | 9,290,948,155 | 24 |
| Ninety One Fund Managers UK Limited | 8,231,220,993 | 25 |
| Allianz Global Investors | 8,145,032,937 | 26 |
| Thesis Unit Trust Managers | 7,606,714,765 | 27 |
| Schroder Personal Wealth Limited | 6,967,349,274 | 28 |
| HBOS Investment Fund Managers Limited | 6,603,244,723 | 29 |
| BMO Global Asset Management | 6,431,474,866 | 30 |
| T. Bailey Fund Services Limited | 6,376,845,822 | 31 |
| Maitland Institutional Services Limited | 6,137,156,155 | 32 |
| Premier Portfolio Managers Limited | 5,858,163,272 | 33 |
| Marlborough Fund Managers Limited | 5,665,422,626 | 34 |
| Close Asset Management (UK) Ltd | 5,069,520,702 | 35 |
| FundRock Partners Limited | 4,953,820,726 | 36 |
| Seven Investment Management LLP | 4,767,418,882 | 37 |
| Valu-Trac Investment Management Ltd | 4,699,506,140 | 38 |
| Legg Mason Investment (Funds) Limited | 3,558,165,573 | 39 |
| Margetts Fund Management Ltd | 3,465,793,520 | 40 |
| J O Hambro Capital Management Group | 3,277,419,232 | 41 |
| Santander Asset Management (SAM UK) | 3,137,457,308 | 42 |
| Smith & Williamson Fund Administration | 3,110,188,676 | 43 |
| Franklin Templeton Fund Management Limited | 3,008,859,028 | 44 |
| Sarasin & Partners LLP | 2,781,622,989 | 45 |
| Morgan Stanley Investment Management Ltd | 2,680,893,275 | 46 |
| UBS Asset Management Funds Ltd | 2,663,090,503 | 47 |
| Investment Fund Services Limited | 2,611,300,640 | 48 |
| Virgin Money Unit Trust Managers Limited | 2,188,537,757 | 49 |
| RBS Collective Investment Funds Limited | 2,188,052,381 | 50 |
| Scottish Widows Unit Trusts Managers | 2,077,161,684 | 51 |
| Rathbone Unit Trust Management Limited | 1,888,110,896 | 52 |
| Baring Fund Managers Limited | 1,793,908,021 | 53 |
| Barclays Asset Managers Limited | 1,758,206,608 | 54 |
| ConBrio Fund Partners Limited | 1,749,517,985 | 55 |
| Equity Trustees Fund Services | 1,501,890,991 | 56 |
| T. Rowe Price International Limited | 1,405,623,934 | 57 |
| McInroy & Wood Portfolios Ltd | 1,370,007,643 | 58 |
| Lazard Fund Managers Limited | 1,313,770,541 | 59 |
| Natixis Global Asset Management | 1,291,010,559 | 60 |
| EdenTree Investment Management Limited | 1,227,556,888 | 61 |
| Waystone Management (UK) Limited | 1,208,346,787 | 62 |
| Marks & Spencer Unit Trust Managers Ltd | 1,192,930,887 | 63 |
| Slater Investments Ltd | 1,072,645,117 | 64 |
| Unicorn Asset Management Limited | 983,954,216 | 65 |
| NFU Mutual Unit Managers Ltd | 851,772,428 | 66 |
| COURTIERS Asset Management Limited | 810,519,201 | 67 |
| WAY Fund Managers | 634,461,861 | 68 |
| Omnis Investments Limited | 522,455,887 | 69 |
| Artemis Fund Managers Ltd | 504,630,362 | 70 |
| Aegon Asset Management UK plc | 404,785,728 | 71 |
| SLTM | 399,652,830 | 72 |
| SVM Asset Management Ltd | 387,969,939 | 73 |
| TIME Investments | 328,588,111 | 74 |
| Carvetian Capital Management Limited | 227,438,223 | 75 |
| OneFamily | 222,134,101 | 76 |
| Scottish Friendly Asset Managers Ltd | 195,689,172 | 77 |
| Wesleyan Unit Trust Managers Ltd | 190,746,108 | 78 |
| Orbis Investment Management (Luxembourg) SA | 153,560,012 | 79 |
| Equitile Investments | 127,095,150 | 80 |
| Aberforth Unit Trust Managers Limited | 125,616,380 | 81 |
| GAM | 122,803,437 | 82 |
| Consistent Unit Trust Management Co Ltd | 118,104,191 | 83 |
| Man Fund Management UK Limited | 102,142,439 | 84 |
| Vanguard Investments UK Limited | 23,945,884 | 85 |
| Total | 699,127,566,608 |
