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 | 77,802,772,054 | 1 |
| Legal & General Investment Management Limited | 51,758,149,483 | 2 |
| Fidelity Worldwide Investment | 49,577,267,233 | 3 |
| Jupiter Unit Trust Managers Limited | 26,997,979,260 | 4 |
| Baillie Gifford & Co Limited | 26,390,992,397 | 5 |
| abrdn Fund Managers Limited | 25,631,243,571 | 6 |
| Fundsmith | 22,880,781,502 | 7 |
| M&G Securities Limited | 22,739,554,550 | 8 |
| Invesco | 22,143,011,568 | 9 |
| BNY Mellon Fund Managers Limited | 21,890,812,088 | 10 |
| CT Investment Services Ltd | 19,494,491,104 | 11 |
| Schroder Unit Trusts Limited | 19,067,193,532 | 12 |
| J.P. Morgan Asset Management | 18,444,197,586 | 13 |
| Janus Henderson Investors | 17,331,362,616 | 14 |
| Royal London Unit Trust Managers Ltd | 14,294,475,387 | 15 |
| First Sentier Investors | 13,229,070,789 | 16 |
| Liontrust Fund Partners LLP | 12,988,780,248 | 17 |
| Link Fund Solutions Limited | 12,980,572,281 | 18 |
| RLUM Ltd | 12,350,253,220 | 19 |
| Aviva Investors UK Fund Services Limited | 11,705,961,099 | 20 |
| Scottish Widows Unit Trust Managers | 9,642,622,641 | 21 |
| AXA IM UK Limited | 8,108,494,324 | 22 |
| Valu-Trac Investment Management Limited | 7,999,882,667 | 23 |
| Quilter Investors Limited | 7,222,803,208 | 24 |
| Investment Fund Services Limited | 7,057,436,416 | 25 |
| T. Bailey Fund Services Limited | 7,043,653,667 | 26 |
| Allianz Global Investors | 7,026,538,969 | 27 |
| Margetts Fund Management Ltd | 5,612,564,005 | 28 |
| Ninety One Fund Managers UK Limited | 5,513,482,918 | 29 |
| Maitland Institutional Services Limited | 5,435,536,527 | 30 |
| Columbia Threadneedle | 5,097,626,735 | 31 |
| Close Asset Management (UK) Ltd | 4,974,406,952 | 32 |
| Franklin Templeton Fund Management Limited | 4,868,141,054 | 33 |
| Rathbone Unit Trust Management Limited | 4,843,487,203 | 34 |
| Coutts RBS Collective Investment Funds Limited | 4,602,681,845 | 35 |
| FundRock Partners Limited | 4,577,377,862 | 36 |
| Premier Portfolio Managers Limited | 4,125,205,389 | 37 |
| Seven Investment Management LLP | 3,613,452,749 | 38 |
| J O Hambro Capital Management Limited | 3,256,506,696 | 39 |
| Evelyn Partners Fund Solutions Limited | 3,178,460,146 | 40 |
| Aegon Asset Management UK plc | 3,171,709,714 | 41 |
| Schroder Personal Wealth Limited | 3,151,755,425 | 42 |
| Sarasin & Partners LLP | 2,793,537,678 | 43 |
| Virgin Money Unit Trust Managers Limited | 2,507,647,825 | 44 |
| Santander Asset Management (SAM UK) | 2,338,403,320 | 45 |
| Barclays Asset Managers Limited | 1,850,296,621 | 46 |
| Equity Trustees Fund Services | 1,820,538,243 | 47 |
| THESIS Unit Trust Management Limited | 1,525,118,795 | 48 |
| McInroy & Wood Portfolios Ltd | 1,496,228,956 | 49 |
| Morgan Stanley Investment Management Ltd | 1,353,340,195 | 50 |
| Artemis Fund Managers Ltd | 1,304,905,177 | 51 |
| EdenTree Investment Management Limited | 1,272,338,244 | 52 |
| Slater Investments Ltd | 1,157,661,798 | 53 |
| Marks & Spencer Unit Trust Managers Ltd | 1,067,117,013 | 54 |
| Baring Fund Managers Limited | 1,043,180,779 | 55 |
| T. Rowe Price International Limited | 999,497,653 | 56 |
| COURTIERS Asset Management Limited | 988,023,004 | 57 |
| Waystone Management (UK) Limited | 983,840,804 | 58 |
| Lazard Fund Managers Limited | 951,048,067 | 59 |
| Omnis Investments Limited | 938,086,432 | 60 |
| Conbrio Fund Partners Ltd | 840,293,377 | 61 |
| UBS Asset Management Funds Ltd | 587,433,482 | 62 |
| WAY Fund Managers | 574,077,544 | 63 |
| Vanguard Investments UK Limited | 556,079,805 | 64 |
| OneFamily | 534,161,500 | 65 |
| TIME Investments | 508,606,591 | 66 |
| Thesis Unit Trust Management Limited on behalf of Quilter Cheviot Limited | 498,343,502 | 67 |
| NFU Mutual Unit Managers Ltd | 429,161,093 | 68 |
| Man Fund Management UK Limited | 397,924,567 | 69 |
| Orbis Investment Management (Luxembourg) SA | 390,076,441 | 70 |
| SVM Asset Management Ltd | 275,459,428 | 71 |
| Cerno Capital Partners LLP | 260,267,180 | 72 |
| Wesleyan Unit Trust Managers Ltd | 255,991,129 | 73 |
| Yealand Fund Services Limited | 205,635,888 | 74 |
| Thesis Unit Trust Management Limited on behalf of Tellworth Investments | 176,248,012 | 75 |
| Scottish Friendly Asset Managers Ltd | 174,840,366 | 76 |
| Stonehage Fleming Investment Management Limited | 164,531,373 | 77 |
| Equitile Investments | 151,355,695 | 78 |
| Minerva Fund Management Solutions Limited | 135,141,811 | 79 |
| Aberforth Unit Trust Managers Limited | 133,925,926 | 80 |
| Consistent Unit Trust Management Co Ltd | 111,048,248 | 81 |
| Thesis Unit Trust Management Limited on behalf of Veritas Investment Partners (UK) Limited | 58,861,115 | 82 |
| GAM | 47,906,611 | 83 |
| Natixis Investment Managers S.A. | 28,000,054 | 84 |
| Oldfield Partners | 22,182,412 | 85 |
| Thesis Unit Trust Management Limited on behalf of Fulcrum Asset Management | 12,256,712 | 86 |
| Total | 612,207,966,928 |
