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 | 87,199,839,462 | 1 |
| Baillie Gifford & Co | 50,871,172,321 | 2 |
| Legal & General (Unit Trust) Managers Limited | 49,834,307,674 | 3 |
| Fidelity Worldwide Investment | 47,819,641,319 | 4 |
| Jupiter Unit Trust Managers Limited | 35,332,207,879 | 5 |
| Aberdeen Standard Fund Managers Limited | 34,450,417,517 | 6 |
| Fundsmith | 27,091,248,658 | 7 |
| Threadneedle Investment Services Ltd | 26,332,501,424 | 8 |
| BNY Mellon Fund Managers Limited | 25,447,860,676 | 9 |
| Schroder Unit Trusts Limited | 24,145,067,470 | 10 |
| Invesco | 24,109,378,555 | 11 |
| M&G Securities Limited | 24,055,035,034 | 12 |
| J.P. Morgan Asset Management | 23,407,138,771 | 13 |
| Janus Henderson Investors | 22,714,217,784 | 14 |
| Liontrust Fund Partners LLP | 17,616,828,315 | 15 |
| First Sentier Investors | 15,600,215,761 | 16 |
| Royal London Unit Trust Managers Ltd | 14,579,528,376 | 17 |
| Aviva Investors UK Fund Services Limited | 14,301,187,488 | 18 |
| RLUM Ltd | 13,746,717,091 | 19 |
| Link Fund Solutions Limited | 12,005,481,690 | 20 |
| Quilter Investors Limited | 11,994,787,270 | 21 |
| AXA IM UK Limited | 11,056,006,714 | 22 |
| Allianz Global Investors | 9,141,158,486 | 23 |
| Thesis Unit Trust Managers | 8,257,075,979 | 24 |
| Maitland Institutional Services Limited | 7,801,502,063 | 25 |
| Premier Portfolio Managers Limited | 7,550,563,600 | 26 |
| T. Bailey Fund Services Limited | 7,305,103,820 | 27 |
| HBOS Investment Fund Managers Limited | 6,936,131,853 | 28 |
| Franklin Templeton Fund Management Limited | 6,807,290,252 | 29 |
| Ninety One Fund Managers UK Limited | 6,773,719,445 | 30 |
| Marlborough Fund Managers Limited | 6,770,242,875 | 31 |
| BMO Global Asset Management | 6,706,329,345 | 32 |
| Valu-Trac Investment Management Ltd | 6,309,103,268 | 33 |
| FundRock Partners Limited | 6,180,868,085 | 34 |
| Close Asset Management (UK) Ltd | 5,459,896,836 | 35 |
| Seven Investment Management LLP | 4,655,667,351 | 36 |
| Aegon Asset Management UK plc | 4,450,078,006 | 37 |
| Margetts Fund Management Ltd | 4,115,994,490 | 38 |
| Scottish Widows Unit Trusts Managers | 4,050,199,350 | 39 |
| Investment Fund Services Limited | 3,938,204,113 | 40 |
| J O Hambro Capital Management Limited | 3,783,523,061 | 41 |
| Smith & Williamson Fund Administration Limited | 3,761,498,642 | 42 |
| Schroder Personal Wealth Limited | 3,745,852,483 | 43 |
| Santander Asset Management (SAM UK) | 3,345,023,425 | 44 |
| Sarasin & Partners LLP | 3,150,822,837 | 45 |
| Virgin Money Unit Trust Managers Limited | 2,796,037,453 | 46 |
| Rathbone Unit Trust Management Limited | 2,543,740,278 | 47 |
| RBS Collective Investment Funds Limited | 2,341,257,751 | 48 |
| Morgan Stanley Investment Management Ltd | 2,329,483,576 | 49 |
| Equity Trustees Fund Services | 2,214,557,001 | 50 |
| ConBrio Fund Partners Limited | 2,073,347,583 | 51 |
| Barclays Asset Managers Limited | 1,930,500,440 | 52 |
| Slater Investments Ltd | 1,907,084,018 | 53 |
| T. Rowe Price International Limited | 1,895,487,070 | 54 |
| UBS Asset Management Funds Ltd | 1,852,305,147 | 55 |
| Baring Fund Managers Limited | 1,773,505,023 | 56 |
| EdenTree Investment Management Limited | 1,543,542,980 | 57 |
| McInroy & Wood Portfolios Ltd | 1,537,499,320 | 58 |
| Natixis Global Asset Management | 1,265,370,054 | 59 |
| Marks & Spencer Unit Trust Managers Ltd | 1,242,271,306 | 60 |
| Lazard Fund Managers Limited | 1,196,813,762 | 61 |
| Waystone Management (UK) Limited | 1,160,443,261 | 62 |
| COURTIERS Asset Management Limited | 1,022,930,820 | 63 |
| NFU Mutual Unit Managers Ltd | 936,629,859 | 64 |
| TIME Investments | 710,148,461 | 65 |
| Artemis Fund Managers Ltd | 697,170,290 | 66 |
| WAY Fund Managers | 684,594,803 | 67 |
| Omnis Investments Limited | 487,715,909 | 68 |
| SVM Asset Management Ltd | 475,273,893 | 69 |
| OneFamily | 260,525,339 | 70 |
| Aberforth Unit Trust Managers Limited | 260,344,831 | 71 |
| Carvetian Capital Management Ltd | 244,299,738 | 72 |
| Wesleyan Unit Trust Managers Ltd | 234,790,437 | 73 |
| Scottish Friendly Asset Managers Ltd | 201,764,326 | 74 |
| Orbis Investment Management (Luxembourg) SA | 182,434,262 | 75 |
| Man Fund Management UK Limited | 168,011,895 | 76 |
| Equitile Investments | 146,196,924 | 77 |
| Consistent Unit Trust Management Co Ltd | 131,249,166 | 78 |
| GAM | 103,702,841 | 79 |
| Vanguard Investments UK Limited | 45,754,224 | 80 |
| Legg Mason Investment (Funds) Limited | 11,998,219 | 81 |
| Total | 737,606,959,934 |
