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 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