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 | 78,442,267,704 | 1 |
| Legal & General Investment Management Limited | 52,193,778,000 | 2 |
| Fidelity Worldwide Investment | 50,469,133,189 | 3 |
| Baillie Gifford & Co Limited | 28,909,703,747 | 4 |
| Jupiter Unit Trust Managers Limited | 27,969,999,852 | 5 |
| abrdn Fund Managers Limited | 26,738,925,291 | 6 |
| Fundsmith | 23,735,360,204 | 7 |
| M&G Securities Limited | 23,280,388,470 | 8 |
| Invesco | 22,908,138,593 | 9 |
| BNY Mellon Fund Managers Limited | 22,459,126,107 | 10 |
| Schroder Unit Trusts Limited | 20,621,635,262 | 11 |
| CT Investment Services Ltd | 20,448,570,292 | 12 |
| J.P. Morgan Asset Management | 19,422,911,420 | 13 |
| Janus Henderson Investors | 18,342,150,644 | 14 |
| Royal London Unit Trust Managers Ltd | 14,787,609,692 | 15 |
| Liontrust Fund Partners LLP | 13,613,882,142 | 16 |
| First Sentier Investors | 13,500,549,378 | 17 |
| Link Fund Solutions Limited | 13,304,713,682 | 18 |
| RLUM Ltd | 12,672,589,708 | 19 |
| Aviva Investors UK Fund Services Limited | 11,814,928,497 | 20 |
| AXA IM UK Limited | 8,426,342,750 | 21 |
| Valu-Trac Investment Management Limited | 8,230,444,834 | 22 |
| Scottish Widows Unit Trust Managers | 7,857,965,625 | 23 |
| Quilter Investors Limited | 7,781,446,758 | 24 |
| Investment Fund Services Limited | 7,716,520,694 | 25 |
| Allianz Global Investors | 7,574,566,130 | 26 |
| T. Bailey Fund Services Limited | 7,083,841,078 | 27 |
| HBOS Investment Fund Managers Limited | 6,283,282,701 | 28 |
| Margetts Fund Management Ltd | 5,686,209,586 | 29 |
| Maitland Institutional Services Limited | 5,567,695,406 | 30 |
| Columbia Threadneedle | 5,412,157,672 | 31 |
| Ninety One Fund Managers UK Limited | 5,372,108,414 | 32 |
| Franklin Templeton Fund Management Limited | 5,151,464,543 | 33 |
| Close Asset Management (UK) Ltd | 5,085,387,630 | 34 |
| FundRock Partners Limited | 4,916,209,143 | 35 |
| Premier Portfolio Managers Limited | 4,665,575,171 | 36 |
| Coutts RBS Collective Investment Funds Limited | 4,602,793,063 | 37 |
| Seven Investment Management LLP | 3,767,012,003 | 38 |
| Rathbone Unit Trust Management Limited | 3,508,897,314 | 39 |
| Aegon Asset Management UK plc | 3,490,541,764 | 40 |
| Evelyn Partners Fund Solutions Limited | 3,475,958,242 | 41 |
| J O Hambro Capital Management Limited | 3,290,582,935 | 42 |
| Schroder Personal Wealth Limited | 3,226,247,835 | 43 |
| Sarasin & Partners LLP | 2,905,008,292 | 44 |
| Virgin Money Unit Trust Managers Limited | 2,622,529,212 | 45 |
| Santander Asset Management (SAM UK) | 2,402,918,134 | 46 |
| Equity Trustees Fund Services | 1,982,135,238 | 47 |
| Barclays Asset Managers Limited | 1,891,229,170 | 48 |
| Morgan Stanley Investment Management Ltd | 1,532,302,413 | 49 |
| McInroy & Wood Portfolios Ltd | 1,523,371,882 | 50 |
| Artemis Fund Managers Ltd | 1,347,271,967 | 51 |
| EdenTree Investment Management Limited | 1,296,513,655 | 52 |
| Slater Investments Ltd | 1,245,382,883 | 53 |
| Baring Fund Managers Limited | 1,139,112,875 | 54 |
| T. Rowe Price International Limited | 1,119,829,003 | 55 |
| Marks & Spencer Unit Trust Managers Ltd | 1,103,531,264 | 56 |
| Waystone Management (UK) Limited | 1,033,376,195 | 57 |
| Natixis Investment Managers S.A. | 1,024,294,427 | 58 |
| COURTIERS Asset Management Limited | 1,024,215,421 | 59 |
| Lazard Fund Managers Limited | 954,771,704 | 60 |
| Conbrio Fund Partners Ltd | 923,826,586 | 61 |
| THESIS Unit Trust Management Limited | 673,256,443 | 62 |
| UBS Asset Management Funds Ltd | 652,090,759 | 63 |
| Thesis Unit Trust Management Limited on behalf of Tellworth Investments | 640,853,048 | 64 |
| WAY Fund Managers | 591,870,655 | 65 |
| Stonehage Fleming Investment Management Limited | 563,003,791 | 66 |
| OneFamily | 539,930,542 | 67 |
| TIME Investments | 520,886,923 | 68 |
| Thesis Unit Trust Management Limited on behalf of Quilter Cheviot Limited | 517,970,000 | 69 |
| Redwheel | 456,334,813 | 70 |
| Man Fund Management UK Limited | 437,457,678 | 71 |
| NFU Mutual Unit Managers Ltd | 425,844,735 | 72 |
| Omnis Investments Limited | 410,054,057 | 73 |
| Orbis Investment Management (Luxembourg) SA | 358,182,196 | 74 |
| SVM Asset Management Ltd | 306,082,194 | 75 |
| Cerno Capital Partners LLP | 299,584,546 | 76 |
| Wesleyan Unit Trust Managers Ltd | 259,096,762 | 77 |
| Yealand Fund Services Limited | 228,057,092 | 78 |
| Scottish Friendly Asset Managers Ltd | 178,001,996 | 79 |
| Equitile Investments | 151,355,695 | 80 |
| Aberforth Unit Trust Managers Limited | 137,089,253 | 81 |
| Minerva Fund Management Solutions Limited | 128,887,093 | 82 |
| Consistent Unit Trust Management Co Ltd | 115,272,269 | 83 |
| Thesis Unit Trust Management Limited on behalf of Veritas Investment Partners (UK) Limited | 56,914,766 | 84 |
| GAM | 51,821,412 | 85 |
| Vanguard Investments UK Limited | 41,748,743 | 86 |
| Oldfield Partners | 22,261,802 | 87 |
| Thesis Unit Trust Management Limited on behalf of Fulcrum Asset Management | 12,567,458 | 88 |
| Total | 643,874,664,258 |
