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 | 83,387,055,368 | 1 |
| Baillie Gifford & Co | 47,220,577,660 | 2 |
| Legal & General (Unit Trust) Managers Limited | 46,039,342,308 | 3 |
| Fidelity Worldwide Investment | 46,024,178,859 | 4 |
| Jupiter Unit Trust Managers Limited | 35,216,253,535 | 5 |
| Aberdeen Standard Fund Managers Limited | 32,986,353,251 | 6 |
| Threadneedle Investment Services Ltd | 26,799,298,860 | 7 |
| M&G Securities Limited | 26,023,112,083 | 8 |
| BNY Mellon Fund Managers Limited | 24,502,191,189 | 9 |
| Invesco | 24,471,748,196 | 10 |
| Fundsmith | 24,373,554,202 | 11 |
| Schroder Unit Trusts Limited | 24,356,903,899 | 12 |
| J.P. Morgan Asset Management | 22,343,569,441 | 13 |
| Janus Henderson Investors | 21,933,587,489 | 14 |
| Liontrust Fund Partners LLP | 16,976,393,678 | 15 |
| Smith & Williamson Fund Administration Limited | 16,958,487,749 | 16 |
| Aviva Investors UK Fund Services Limited | 15,203,852,242 | 17 |
| First Sentier Investors | 15,039,387,180 | 18 |
| Royal London Unit Trust Managers Ltd | 14,621,858,765 | 19 |
| RLUM Ltd | 11,768,939,824 | 20 |
| Quilter Investors Limited | 11,658,800,681 | 21 |
| Link Fund Solutions Limited | 11,504,737,047 | 22 |
| AXA IM UK Limited | 11,093,810,012 | 23 |
| Allianz Global Investors | 8,755,183,188 | 24 |
| Thesis Unit Trust Managers | 7,878,029,441 | 25 |
| Schroder Personal Wealth Limited | 7,227,491,066 | 26 |
| Maitland Institutional Services Limited | 7,117,036,196 | 27 |
| T. Bailey Fund Services Limited | 6,994,861,968 | 28 |
| HBOS Investment Fund Managers Limited | 6,909,549,316 | 29 |
| Ninety One Fund Managers UK Limited | 6,769,453,713 | 30 |
| Premier Portfolio Managers Limited | 6,727,921,276 | 31 |
| BMO Global Asset Management | 6,521,717,190 | 32 |
| Marlborough Fund Managers Limited | 6,503,580,275 | 33 |
| FundRock Partners Limited | 5,429,539,625 | 34 |
| Aegon Asset Management UK plc | 5,359,289,219 | 35 |
| Close Asset Management (UK) Ltd | 5,265,074,462 | 36 |
| Valu-Trac Investment Management Ltd | 5,219,502,623 | 37 |
| Seven Investment Management LLP | 4,808,009,108 | 38 |
| Scottish Widows Unit Trusts Managers | 4,643,590,123 | 39 |
| Margetts Fund Management Ltd | 3,786,126,347 | 40 |
| J O Hambro Capital Management Limited | 3,723,225,312 | 41 |
| Legg Mason Investment (Funds) Limited | 3,519,819,613 | 42 |
| Santander Asset Management (SAM UK) | 3,251,291,120 | 43 |
| Franklin Templeton Fund Management Limited | 3,123,340,905 | 44 |
| Sarasin & Partners LLP | 2,953,633,962 | 45 |
| Investment Fund Services Limited | 2,840,743,998 | 46 |
| UBS Asset Management Funds Ltd | 2,471,125,103 | 47 |
| Virgin Money Unit Trust Managers Limited | 2,399,639,398 | 48 |
| Morgan Stanley Investment Management Ltd | 2,323,201,830 | 49 |
| RBS Collective Investment Funds Limited | 2,287,704,895 | 50 |
| Rathbone Unit Trust Management Limited | 2,134,364,555 | 51 |
| Equity Trustees Fund Services | 2,073,431,559 | 52 |
| ConBrio Fund Partners Limited | 1,929,551,924 | 53 |
| Barclays Asset Managers Limited | 1,905,544,083 | 54 |
| Baring Fund Managers Limited | 1,905,365,674 | 55 |
| T. Rowe Price International Limited | 1,755,463,651 | 56 |
| Slater Investments Ltd | 1,426,853,033 | 57 |
| McInroy & Wood Portfolios Ltd | 1,415,859,131 | 58 |
| EdenTree Investment Management Limited | 1,340,616,630 | 59 |
| Lazard Fund Managers Limited | 1,332,252,728 | 60 |
| Natixis Global Asset Management | 1,322,872,487 | 61 |
| Waystone Management (UK) Limited | 1,243,966,677 | 62 |
| Marks & Spencer Unit Trust Managers Ltd | 1,231,643,314 | 63 |
| NFU Mutual Unit Managers Ltd | 922,457,719 | 64 |
| COURTIERS Asset Management Limited | 901,331,674 | 65 |
| WAY Fund Managers | 671,978,119 | 66 |
| Artemis Fund Managers Ltd | 510,533,737 | 67 |
| Omnis Investments Limited | 502,918,045 | 68 |
| SVM Asset Management Ltd | 440,385,341 | 69 |
| SLTM | 360,698,223 | 70 |
| TIME Investments | 309,466,396 | 71 |
| HSBC Global Asset Management (UK) Limited | 284,333,700 | 72 |
| OneFamily | 241,052,914 | 73 |
| Carvetian Capital Management Limited | 235,849,194 | 74 |
| Wesleyan Unit Trust Managers Ltd | 214,883,251 | 75 |
| Aberforth Unit Trust Managers Limited | 199,042,290 | 76 |
| Scottish Friendly Asset Managers Ltd | 187,737,974 | 77 |
| Orbis Investment Management (Luxembourg) SA | 170,022,723 | 78 |
| Equitile Investments | 129,376,663 | 79 |
| Consistent Unit Trust Management Co Ltd | 127,904,462 | 80 |
| GAM | 120,319,865 | 81 |
| Man Fund Management UK Limited | 116,109,997 | 82 |
| Vanguard Investments UK Limited | 37,966,976 | 83 |
| Total | 728,729,806,415 |
