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: January 2026
| Company | Retail Funds Under Management | Rank |
|---|---|---|
| BlackRock Investment Management (UK) Limited | 88,917,595,106 | 1 |
| Legal & General Investment Management Limited | 58,125,437,891 | 2 |
| Fidelity Worldwide Investment | 57,884,155,335 | 3 |
| Royal London Asset Management Limited | 25,731,471,861 | 4 |
| abrdn Fund Managers Limited | 24,667,253,791 | 5 |
| Jupiter Unit Trust Managers Limited | 24,350,342,435 | 6 |
| M&G Securities Limited | 24,040,432,623 | 7 |
| Invesco | 22,868,558,543 | 8 |
| BNY Mellon Fund Managers Limited | 21,729,818,694 | 9 |
| Schroder Unit Trusts Limited | 20,892,928,563 | 10 |
| Fundsmith | 19,625,957,688 | 11 |
| Baillie Gifford & Co Limited | 18,544,095,362 | 12 |
| J.P. Morgan Asset Management | 15,981,604,198 | 13 |
| Janus Henderson Investors | 15,696,512,855 | 14 |
| CT Investment Services Ltd | 15,151,291,701 | 15 |
| Apex Fundrock Ltd | 14,996,017,646 | 16 |
| Waystone Management (UK) Limited | 13,889,091,577 | 17 |
| Investment Fund Services Limited | 13,565,125,692 | 18 |
| First Sentier Investors | 10,753,814,471 | 19 |
| Liontrust Investment Partners LLP | 9,951,146,466 | 20 |
| Aviva Investors UK Fund Services Limited | 9,193,453,738 | 21 |
| Valu-Trac Investment Management Limited | 8,718,050,717 | 22 |
| Rathbone Unit Trust Management Limited | 7,836,623,512 | 23 |
| Margetts Fund Management Ltd | 7,676,556,339 | 24 |
| HBOS Investment Fund Managers Limited | 7,061,273,979 | 25 |
| AXA IM UK Limited | 7,027,754,213 | 26 |
| Coutts RBS Collective Investment Funds Limited | 6,499,027,964 | 27 |
| Quilter Investors Limited | 6,496,306,444 | 28 |
| Tutman Fund Solutions Limited | 6,137,105,831 | 29 |
| THESIS Unit Trust Management Limited | 5,924,000,902 | 30 |
| Allianz Global Investors | 5,709,956,388 | 31 |
| Omnis Investments Limited | 5,562,281,921 | 32 |
| TrinityBridge | 5,387,654,159 | 33 |
| Columbia Threadneedle | 4,322,754,710 | 34 |
| Premier Portfolio Managers Limited | 4,301,326,858 | 35 |
| Ninety One Fund Managers UK Limited | 3,957,930,107 | 36 |
| Franklin Templeton Fund Management Limited | 3,944,725,578 | 37 |
| Aegon Asset Management UK plc | 3,915,649,921 | 38 |
| Seven Investment Management LLP | 3,503,678,084 | 39 |
| FundRock Partners Limited | 3,409,495,136 | 40 |
| Virgin Money Unit Trust Managers Limited | 2,456,079,252 | 41 |
| J O Hambro Capital Management Limited | 2,347,467,794 | 42 |
| Sarasin Investment Funds Limited | 2,318,873,244 | 43 |
| Santander Asset Management (SAM UK) | 2,279,009,255 | 44 |
| Scottish Widows Unit Trust Managers | 2,154,094,330 | 45 |
| Schroder Personal Wealth Limited | 2,142,922,817 | 46 |
| Barclays Asset Managers Limited | 1,991,266,686 | 47 |
| UBS Asset Management Funds Ltd | 1,898,675,567 | 48 |
| Vanguard Investments UK Limited | 1,589,620,785 | 49 |
| Artemis Fund Managers Ltd | 1,569,916,357 | 50 |
| McInroy & Wood Portfolios Ltd | 1,334,727,417 | 51 |
| T. Rowe Price International Limited | 1,325,740,692 | 52 |
| Morgan Stanley Investment Management Ltd | 1,210,253,504 | 53 |
| NFU Mutual Unit Managers Ltd | 1,192,242,989 | 54 |
| Orbis Investment Management (Luxembourg) SA | 1,179,315,215 | 55 |
| SVM Asset Management Ltd | 1,122,341,863 | 56 |
| Lazard Fund Managers Limited | 1,093,325,698 | 57 |
| COURTIERS Asset Management Limited | 964,626,903 | 58 |
| Redwheel | 945,258,343 | 59 |
| Baring Fund Managers Limited | 851,257,256 | 60 |
| Man Fund Management UK Limited | 840,323,657 | 61 |
| Marks & Spencer Unit Trust Managers Ltd | 785,218,300 | 62 |
| Stonehage Fleming Investment Management Limited | 765,014,147 | 63 |
| Slater Investments Ltd | 679,793,805 | 64 |
| WAY Fund Managers | 509,963,977 | 65 |
| Thesis Unit Trust Management Limited on behalf of Quilter Cheviot Limited | 402,440,239 | 66 |
| Yealand Fund Services Limited | 272,536,722 | 67 |
| Wesleyan Unit Trust Managers Ltd | 258,546,546 | 68 |
| TIME Investments | 191,417,636 | 69 |
| Scottish Friendly Asset Managers Ltd | 177,730,783 | 70 |
| Cerno Capital Partners LLP | 156,405,486 | 71 |
| Equitile Investments | 151,355,695 | 72 |
| Thesis Unit Trust Management Limited on behalf of Meridiem Investment Management Limited | 142,345,614 | 73 |
| Thesis Unit Trust Management Limited on behalf of Fulcrum Asset Management | 137,016,516 | 74 |
| Aberforth Unit Trust Managers Limited | 134,275,045 | 75 |
| Consistent Unit Trust Management Co Ltd | 107,468,164 | 76 |
| Capital Group UK Management Company Limited | 40,261,071 | 77 |
| GAM | 34,415,627 | 78 |
| The Northern Trust Company | 24,647,308 | 79 |
| Oldfield Partners | 18,707,594 | 80 |
| EdenTree Investment Management Limited | 0 | 81 |
| Unicorn Asset Management Limited | 0 | 81 |
| Hargreaves Lansdown Fund Managers Limited | 0 | 81 |
| HSBC Asset Management (Fund Services UK) Limited | 0 | 81 |
| Natixis Global Asset Management | 0 | 81 |
| Pinnacle Investment | 0 | 81 |
| State Street Investment Management | 0 | 81 |
| Total | 618,262,830,519 |
