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 | 87,608,828,514 | 1 |
| Baillie Gifford & Co | 51,205,814,147 | 2 |
| Legal & General (Unit Trust) Managers Limited | 50,009,880,042 | 3 |
| Fidelity Worldwide Investment | 48,288,196,913 | 4 |
| Jupiter Unit Trust Managers Limited | 36,363,093,375 | 5 |
| Aberdeen Standard Fund Managers Limited | 35,087,342,703 | 6 |
| Fundsmith | 27,726,501,732 | 7 |
| Threadneedle Investment Services Ltd | 27,191,088,823 | 8 |
| M&G Securities Limited | 25,902,178,432 | 9 |
| BNY Mellon Fund Managers Limited | 25,615,892,777 | 10 |
| Invesco | 24,518,177,374 | 11 |
| Schroder Unit Trusts Limited | 24,400,551,457 | 12 |
| J.P. Morgan Asset Management | 23,374,620,202 | 13 |
| Janus Henderson Investors | 23,005,269,368 | 14 |
| Liontrust Fund Partners LLP | 17,836,397,470 | 15 |
| First Sentier Investors | 16,343,262,605 | 16 |
| Aviva Investors UK Fund Services Limited | 15,188,545,069 | 17 |
| Royal London Unit Trust Managers Ltd | 14,949,988,580 | 18 |
| RLUM Ltd | 13,563,375,610 | 19 |
| Quilter Investors Limited | 11,972,442,642 | 20 |
| AXA IM UK Limited | 11,615,237,362 | 21 |
| Link Fund Solutions Limited | 11,550,620,617 | 22 |
| Allianz Global Investors | 9,107,011,096 | 23 |
| Thesis Unit Trust Managers | 8,089,126,098 | 24 |
| Maitland Institutional Services Limited | 7,832,538,565 | 25 |
| Premier Portfolio Managers Limited | 7,725,058,618 | 26 |
| T. Bailey Fund Services Limited | 7,399,549,861 | 27 |
| Ninety One Fund Managers UK Limited | 7,213,837,351 | 28 |
| HBOS Investment Fund Managers Limited | 7,075,392,475 | 29 |
| Marlborough Fund Managers Limited | 7,028,766,324 | 30 |
| BMO Global Asset Management | 6,741,868,293 | 31 |
| Valu-Trac Investment Management Ltd | 6,058,561,410 | 32 |
| FundRock Partners Limited | 5,998,148,275 | 33 |
| Close Asset Management (UK) Ltd | 5,552,132,906 | 34 |
| Seven Investment Management LLP | 4,797,313,906 | 35 |
| Aegon Asset Management UK plc | 4,651,151,410 | 36 |
| Scottish Widows Unit Trusts Managers | 4,412,310,984 | 37 |
| Margetts Fund Management Ltd | 4,067,304,030 | 38 |
| Smith & Williamson Fund Administration Limited | 3,867,814,795 | 39 |
| Investment Fund Services Limited | 3,867,623,983 | 40 |
| J O Hambro Capital Management Limited | 3,857,800,578 | 41 |
| Schroder Personal Wealth Limited | 3,824,523,996 | 42 |
| Legg Mason Investment (Funds) Limited | 3,742,451,487 | 43 |
| Santander Asset Management (SAM UK) | 3,387,670,458 | 44 |
| Franklin Templeton Fund Management Limited | 3,307,253,686 | 45 |
| Sarasin & Partners LLP | 3,197,806,471 | 46 |
| Virgin Money Unit Trust Managers Limited | 2,877,171,667 | 47 |
| Rathbone Unit Trust Management Limited | 2,462,003,353 | 48 |
| Morgan Stanley Investment Management Ltd | 2,390,126,151 | 49 |
| RBS Collective Investment Funds Limited | 2,355,929,825 | 50 |
| Equity Trustees Fund Services | 2,176,386,974 | 51 |
| ConBrio Fund Partners Limited | 2,176,316,597 | 52 |
| T. Rowe Price International Limited | 2,084,746,791 | 53 |
| Barclays Asset Managers Limited | 1,950,504,529 | 54 |
| Baring Fund Managers Limited | 1,894,500,139 | 55 |
| UBS Asset Management Funds Ltd | 1,826,988,489 | 56 |
| Slater Investments Ltd | 1,808,531,664 | 57 |
| McInroy & Wood Portfolios Ltd | 1,563,740,722 | 58 |
| EdenTree Investment Management Limited | 1,530,955,571 | 59 |
| Natixis Global Asset Management | 1,323,824,103 | 60 |
| Lazard Fund Managers Limited | 1,302,384,917 | 61 |
| Marks & Spencer Unit Trust Managers Ltd | 1,250,799,415 | 62 |
| Waystone Management (UK) Limited | 1,161,925,321 | 63 |
| COURTIERS Asset Management Limited | 1,023,030,418 | 64 |
| NFU Mutual Unit Managers Ltd | 929,186,226 | 65 |
| TIME Investments | 708,322,563 | 66 |
| WAY Fund Managers | 678,137,921 | 67 |
| Artemis Fund Managers Ltd | 640,501,404 | 68 |
| Omnis Investments Limited | 518,582,117 | 69 |
| SVM Asset Management Ltd | 481,510,564 | 70 |
| Aberforth Unit Trust Managers Limited | 287,172,263 | 71 |
| Carvetian Capital Management Ltd | 249,328,069 | 72 |
| OneFamily | 247,726,011 | 73 |
| Wesleyan Unit Trust Managers Ltd | 232,675,042 | 74 |
| Scottish Friendly Asset Managers Ltd | 205,282,225 | 75 |
| Orbis Investment Management (Luxembourg) SA | 175,261,489 | 76 |
| Man Fund Management UK Limited | 150,457,159 | 77 |
| Equitile Investments | 145,373,022 | 78 |
| Consistent Unit Trust Management Co Ltd | 135,562,702 | 79 |
| GAM | 105,716,678 | 80 |
| Vanguard Investments UK Limited | 46,794,573 | 81 |
| Total | 749,308,729,163 |
