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: December 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