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 | 83,394,901,727 | 1 |
| Legal & General (Unit Trust) Managers Limited | 46,543,955,987 | 2 |
| Fidelity Worldwide Investment | 46,370,000,314 | 3 |
| Baillie Gifford & Co | 45,601,481,682 | 4 |
| Jupiter Unit Trust Managers Limited | 35,245,842,093 | 5 |
| Aberdeen Standard Fund Managers Limited | 32,859,467,491 | 6 |
| Threadneedle Investment Services Ltd | 26,156,096,205 | 7 |
| M&G Securities Limited | 25,078,308,987 | 8 |
| BNY Mellon Fund Managers Limited | 25,036,803,663 | 9 |
| Invesco | 24,723,199,725 | 10 |
| Fundsmith | 24,212,994,242 | 11 |
| Schroder Unit Trusts Limited | 23,913,479,206 | 12 |
| J.P. Morgan Asset Management | 22,367,546,513 | 13 |
| Janus Henderson Investors | 21,796,279,105 | 14 |
| Liontrust Fund Partners LLP | 17,004,804,166 | 15 |
| Smith & Williamson Fund Administration Limited | 16,965,319,618 | 16 |
| First Sentier Investors | 15,068,407,655 | 17 |
| Aviva Investors UK Fund Services Limited | 14,905,452,493 | 18 |
| Royal London Unit Trust Managers Ltd | 14,493,086,543 | 19 |
| RLUM Ltd | 11,954,908,305 | 20 |
| Link Fund Solutions Limited | 11,664,512,506 | 21 |
| Quilter Investors Limited | 11,600,060,041 | 22 |
| AXA IM UK Limited | 10,958,433,971 | 23 |
| Allianz Global Investors | 8,853,959,134 | 24 |
| Thesis Unit Trust Managers | 7,910,842,998 | 25 |
| Maitland Institutional Services Limited | 7,419,543,271 | 26 |
| Schroder Personal Wealth Limited | 7,237,278,064 | 27 |
| T. Bailey Fund Services Limited | 7,021,257,698 | 28 |
| HBOS Investment Fund Managers Limited | 6,926,205,500 | 29 |
| Premier Portfolio Managers Limited | 6,834,881,091 | 30 |
| Ninety One Fund Managers UK Limited | 6,791,489,724 | 31 |
| Marlborough Fund Managers Limited | 6,644,936,995 | 32 |
| BMO Global Asset Management | 6,516,765,959 | 33 |
| FundRock Partners Limited | 5,481,798,491 | 34 |
| Valu-Trac Investment Management Ltd | 5,478,295,913 | 35 |
| Aegon Asset Management UK plc | 5,367,109,250 | 36 |
| Close Asset Management (UK) Ltd | 5,274,317,133 | 37 |
| Seven Investment Management LLP | 4,777,574,405 | 38 |
| Scottish Widows Unit Trusts Managers | 4,616,325,298 | 39 |
| Margetts Fund Management Ltd | 3,848,250,244 | 40 |
| J O Hambro Capital Management Limited | 3,818,393,903 | 41 |
| Legg Mason Investment (Funds) Limited | 3,454,340,493 | 42 |
| Santander Asset Management (SAM UK) | 3,273,653,474 | 43 |
| Franklin Templeton Fund Management Limited | 3,136,963,776 | 44 |
| Sarasin & Partners LLP | 2,964,745,407 | 45 |
| Virgin Money Unit Trust Managers Limited | 2,800,429,504 | 46 |
| Investment Fund Services Limited | 2,753,119,289 | 47 |
| RBS Collective Investment Funds Limited | 2,285,145,957 | 48 |
| Morgan Stanley Investment Management Ltd | 2,227,298,481 | 49 |
| Rathbone Unit Trust Management Limited | 2,200,971,724 | 50 |
| Equity Trustees Fund Services | 2,180,745,318 | 51 |
| Baring Fund Managers Limited | 1,931,045,181 | 52 |
| ConBrio Fund Partners Limited | 1,913,378,866 | 53 |
| T. Rowe Price International Limited | 1,883,008,232 | 54 |
| Barclays Asset Managers Limited | 1,854,652,152 | 55 |
| UBS Asset Management Funds Ltd | 1,828,573,520 | 56 |
| Slater Investments Ltd | 1,528,839,918 | 57 |
| McInroy & Wood Portfolios Ltd | 1,433,014,714 | 58 |
| Natixis Global Asset Management | 1,403,870,179 | 59 |
| EdenTree Investment Management Limited | 1,398,171,508 | 60 |
| Lazard Fund Managers Limited | 1,317,520,898 | 61 |
| Marks & Spencer Unit Trust Managers Ltd | 1,227,605,337 | 62 |
| Waystone Management (UK) Limited | 1,165,392,711 | 63 |
| NFU Mutual Unit Managers Ltd | 920,109,326 | 64 |
| COURTIERS Asset Management Limited | 917,149,410 | 65 |
| TIME Investments | 696,224,142 | 66 |
| WAY Fund Managers | 667,419,173 | 67 |
| Artemis Fund Managers Ltd | 526,598,669 | 68 |
| Omnis Investments Limited | 497,924,273 | 69 |
| SVM Asset Management Ltd | 448,447,617 | 70 |
| SLTM | 360,634,410 | 71 |
| HSBC Global Asset Management (UK) Limited | 279,426,491 | 72 |
| OneFamily | 243,296,410 | 73 |
| Carvetian Capital Management Limited | 232,282,330 | 74 |
| Wesleyan Unit Trust Managers Ltd | 219,501,737 | 75 |
| Aberforth Unit Trust Managers Limited | 212,738,193 | 76 |
| Scottish Friendly Asset Managers Ltd | 201,430,538 | 77 |
| Orbis Investment Management (Luxembourg) SA | 174,094,327 | 78 |
| Consistent Unit Trust Management Co Ltd | 129,551,515 | 79 |
| Equitile Investments | 129,433,021 | 80 |
| Man Fund Management UK Limited | 122,264,235 | 81 |
| GAM | 117,101,251 | 82 |
| Vanguard Investments UK Limited | 39,453,189 | 83 |
| Total | 727,839,655,802 |
