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 | 81,037,571,540 | 1 |
| Fidelity Worldwide Investment | 44,781,311,223 | 2 |
| Baillie Gifford & Co | 44,175,039,708 | 3 |
| Legal & General (Unit Trust) Managers Limited | 43,434,835,872 | 4 |
| Jupiter Unit Trust Managers Limited | 34,780,158,880 | 5 |
| Aberdeen Standard Fund Managers Limited | 32,292,911,392 | 6 |
| Threadneedle Investment Services Ltd | 26,499,338,937 | 7 |
| M&G Securities Limited | 25,749,498,395 | 8 |
| BNY Mellon Fund Managers Limited | 24,062,717,824 | 9 |
| Invesco | 23,785,260,887 | 10 |
| Schroder Unit Trusts Limited | 23,487,957,702 | 11 |
| Fundsmith | 22,834,424,417 | 12 |
| Janus Henderson Investors | 22,643,930,852 | 13 |
| J.P. Morgan Asset Management | 21,800,128,819 | 14 |
| Smith & Williamson Fund Administration Limited | 16,690,510,305 | 15 |
| Liontrust Fund Partners LLP | 16,397,708,385 | 16 |
| First Sentier Investors | 14,845,714,356 | 17 |
| Aviva Investors UK Fund Services Limited | 14,482,772,588 | 18 |
| Royal London Unit Trust Managers Ltd | 14,223,334,984 | 19 |
| Quilter Investors Limited | 11,339,821,040 | 20 |
| RLUM Ltd | 11,101,558,432 | 21 |
| Link Fund Solutions Limited | 10,835,151,186 | 22 |
| AXA IM UK Limited | 10,602,822,378 | 23 |
| Allianz Global Investors | 8,556,284,938 | 24 |
| Ninety One Fund Managers UK Limited | 8,090,024,499 | 25 |
| Thesis Unit Trust Managers | 7,641,004,199 | 26 |
| Schroder Personal Wealth Limited | 7,161,921,748 | 27 |
| HBOS Investment Fund Managers Limited | 6,772,769,496 | 28 |
| T. Bailey Fund Services Limited | 6,694,236,319 | 29 |
| Maitland Institutional Services Limited | 6,686,481,965 | 30 |
| Premier Portfolio Managers Limited | 6,380,427,331 | 31 |
| BMO Global Asset Management | 6,341,952,648 | 32 |
| Marlborough Fund Managers Limited | 6,004,154,255 | 33 |
| Aegon Asset Management UK plc | 5,249,359,665 | 34 |
| FundRock Partners Limited | 5,166,919,316 | 35 |
| Close Asset Management (UK) Ltd | 5,112,609,214 | 36 |
| Valu-Trac Investment Management Ltd | 4,944,563,082 | 37 |
| Seven Investment Management LLP | 4,733,072,409 | 38 |
| Scottish Widows Unit Trusts Managers | 4,582,438,362 | 39 |
| J O Hambro Capital Management Limited | 3,691,090,160 | 40 |
| Margetts Fund Management Ltd | 3,630,085,090 | 41 |
| Legg Mason Investment (Funds) Limited | 3,537,318,241 | 42 |
| Santander Asset Management (SAM UK) | 3,159,721,462 | 43 |
| Franklin Templeton Fund Management Limited | 3,090,663,671 | 44 |
| Sarasin & Partners LLP | 2,834,896,462 | 45 |
| Investment Fund Services Limited | 2,740,610,799 | 46 |
| UBS Asset Management Funds Ltd | 2,556,217,005 | 47 |
| Morgan Stanley Investment Management Ltd | 2,381,743,358 | 48 |
| Virgin Money Unit Trust Managers Limited | 2,301,014,508 | 49 |
| RBS Collective Investment Funds Limited | 2,231,550,213 | 50 |
| Rathbone Unit Trust Management Limited | 2,015,333,572 | 51 |
| Equity Trustees Fund Services | 1,880,320,916 | 52 |
| Barclays Asset Managers Limited | 1,843,062,076 | 53 |
| ConBrio Fund Partners Limited | 1,834,756,759 | 54 |
| Baring Fund Managers Limited | 1,828,796,651 | 55 |
| T. Rowe Price International Limited | 1,699,269,510 | 56 |
| McInroy & Wood Portfolios Ltd | 1,373,129,556 | 57 |
| Lazard Fund Managers Limited | 1,371,382,820 | 58 |
| EdenTree Investment Management Limited | 1,292,118,371 | 59 |
| Natixis Global Asset Management | 1,291,010,559 | 60 |
| Slater Investments Ltd | 1,251,789,130 | 61 |
| Waystone Management (UK) Limited | 1,224,362,607 | 62 |
| Marks & Spencer Unit Trust Managers Ltd | 1,207,549,469 | 63 |
| NFU Mutual Unit Managers Ltd | 901,197,388 | 64 |
| COURTIERS Asset Management Limited | 876,298,511 | 65 |
| WAY Fund Managers | 650,965,443 | 66 |
| Artemis Fund Managers Ltd | 506,252,966 | 67 |
| Omnis Investments Limited | 501,935,335 | 68 |
| SVM Asset Management Ltd | 415,362,421 | 69 |
| SLTM | 362,031,666 | 70 |
| TIME Investments | 320,060,517 | 71 |
| HSBC Global Asset Management (UK) Limited | 279,207,068 | 72 |
| OneFamily | 233,210,146 | 73 |
| Carvetian Capital Management Limited | 225,413,704 | 74 |
| Wesleyan Unit Trust Managers Ltd | 206,783,679 | 75 |
| Scottish Friendly Asset Managers Ltd | 196,707,074 | 76 |
| Aberforth Unit Trust Managers Limited | 183,397,893 | 77 |
| Orbis Investment Management (Luxembourg) SA | 164,427,311 | 78 |
| Consistent Unit Trust Management Co Ltd | 121,792,241 | 79 |
| GAM | 120,754,193 | 80 |
| Equitile Investments | 120,536,937 | 81 |
| Man Fund Management UK Limited | 110,562,286 | 82 |
| Vanguard Investments UK Limited | 30,388,438 | 83 |
| Total | 706,455,635,680 |
