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 71,289,823,103 1
Fidelity Worldwide Investment 45,527,078,761 2
Legal & General Investment Management Limited 45,135,972,213 3
Baillie Gifford & Co Limited 31,040,901,091 4
Jupiter Unit Trust Managers Limited 27,882,338,235 5
abrdn Fund Managers Limited 24,754,055,344 6
Fundsmith 22,236,455,114 7
BNY Mellon Fund Managers Limited 22,094,786,847 8
Invesco 20,946,614,126 9
Threadneedle Investment Services Ltd 20,940,837,682 10
M&G Securities Limited 20,435,395,128 11
J.P. Morgan Asset Management 19,876,281,455 12
Schroder Unit Trusts Limited 19,154,495,682 13
Janus Henderson Investors 17,967,180,562 14
First Sentier Investors 14,566,873,848 15
Liontrust Fund Partners LLP 13,627,141,411 16
Royal London Unit Trust Managers Ltd 13,200,697,082 17
Link Fund Solutions Limited 12,534,463,912 18
RLUM Ltd 11,802,988,023 19
Aviva Investors UK Fund Services Limited 11,234,297,654 20
Quilter Investors Limited 8,630,887,905 21
AXA IM UK Limited 8,475,998,235 22
Allianz Global Investors 8,013,408,545 23
T. Bailey Fund Services Limited 6,873,384,986 24
Valu-Trac Investment Management Limited 6,806,486,569 25
Investment Fund Services Limited 6,626,256,288 26
Columbia Threadneedle 5,821,761,700 27
Maitland Institutional Services Limited 5,759,119,870 28
FundRock Partners Limited 5,428,348,661 29
Franklin Templeton Fund Management Limited 5,418,971,868 30
Ninety One Fund Managers UK Limited 5,324,349,136 31
Premier Portfolio Managers Limited 5,094,716,692 32
Close Asset Management (UK) Ltd 4,754,427,403 33
Seven Investment Management LLP 3,935,195,396 34
Margetts Fund Management Ltd 3,787,499,587 35
Evelyn Partners Fund Solutions 3,441,421,059 36
Aegon Asset Management UK plc 3,340,892,795 37
Schroder Personal Wealth Limited 3,256,227,460 38
J O Hambro Capital Management Limited 3,196,862,835 39
Scottish Widows Unit Trusts Managers 2,960,915,124 40
Sarasin & Partners LLP 2,600,704,548 41
Virgin Money Unit Trust Managers Limited 2,464,392,204 42
Rathbone Unit Trust Management Limited 2,446,305,940 43
Santander Asset Management (SAM UK) 2,249,235,763 44
Coutts RBS Collective Investment Funds Limited 2,007,745,511 45
Equity Trustees Fund Services 1,778,940,564 46
Barclays Asset Managers Limited 1,647,585,070 47
Slater Investments Ltd 1,513,130,073 48
Morgan Stanley Investment Management Ltd 1,464,573,789 49
McInroy & Wood Portfolios Ltd 1,436,229,032 50
EdenTree Investment Management Limited 1,233,618,835 51
T. Rowe Price International Limited 1,176,863,169 52
ConBrio Fund Partners Limited 1,121,077,085 53
Marks & Spencer Unit Trust Managers Ltd 1,074,370,364 54
Baring Fund Managers Limited 1,061,293,827 55
COURTIERS Asset Management Limited 973,754,291 56
Waystone Management (UK) Limited 859,288,511 57
Natixis Global Asset Management 842,974,740 58
THESIS Unit Trust Management Limited 818,679,893 59
Lazard Fund Managers Limited 771,914,888 60
Artemis Fund Managers Ltd 696,930,579 61
TIME Investments 628,499,407 62
UBS Asset Management Funds Ltd 598,684,141 63
WAY Fund Managers 581,543,033 64
OneFamily 524,454,048 65
Omnis Investments Limited 366,128,489 66
SVM Asset Management Ltd 335,019,231 67
Cerno Capital Partners LLP 328,599,713 68
Thesis Unit Trust Management Limited on behalf of Tellworth Investments 236,723,753 69
Wesleyan Unit Trust Managers Ltd 228,425,979 70
Orbis Investment Management (Luxembourg) SA 210,287,211 71
Yealand Fund Services Ltd 200,680,144 72
Stonehage Fleming Investment Management Limited 199,145,683 73
Man Fund Management UK Limited 185,555,168 74
Scottish Friendly Asset Managers Ltd 174,655,119 75
NFU Mutual Unit Managers Ltd 174,236,550 76
Equitile Investments 151,355,695 77
Aberforth Unit Trust Managers Limited 119,588,658 78
Consistent Unit Trust Management Co Ltd 103,965,056 79
Oldfield Partners 35,187,626 80
Vanguard Investments UK Limited 32,389,141 81
GAM 7,996,789 82
Minerva Fund Management Solutions Limited 2,172,351 83