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: October 2025

Company Total Funds Under Management Value Rank
BlackRock Investment Management (UK) Limited 115,021,000,000 1
Waystone Management (UK) Limited 88,143,560,273 2
Royal London Asset Management Limited 72,567,493,310 3
Vanguard Investments UK Limited 70,647,961,886 4
Legal & General Investment Management Limited 69,153,516,917 5
Fidelity Worldwide Investment 60,553,508,675 6
HSBC Asset Management (Fund Services UK) Limited 57,580,473,951 7
abrdn Fund Managers Limited 44,620,758,583 8
Scottish Widows Unit Trust Managers 37,301,912,491 9
Schroder Unit Trusts Limited 29,347,220,175 10
Baillie Gifford & Co Limited 26,683,153,164 11
M&G Securities Limited 26,174,645,119 12
Jupiter Unit Trust Managers Limited 24,892,042,424 13
BNY Mellon Fund Managers Limited 23,949,076,067 14
Invesco 23,099,585,828 15
Artemis Fund Managers Ltd 22,797,272,686 16
Quilter Investors Limited 22,566,956,293 17
Apex Fundrock Ltd 21,099,996,576 18
Fundsmith 20,817,119,042 19
Janus Henderson Investors 19,634,806,439 20
Liontrust Investment Partners LLP 18,546,602,733 21
THESIS Unit Trust Management Limited 17,115,377,875 22
CT Investment Services Ltd 16,683,355,738 23
Coutts RBS Collective Investment Funds Limited 15,601,951,582 24
Investment Fund Services Limited 14,897,048,199 25
Rathbone Unit Trust Management Limited 14,701,203,410 26
Aviva Investors UK Fund Services Limited 14,601,567,241 27
HBOS Investment Fund Managers Limited 13,594,437,128 28
Hargreaves Lansdown Fund Managers Limited 13,212,335,012 29
Valu-Trac Investment Management Limited 12,726,687,079 30
First Sentier Investors 10,993,529,374 31
Margetts Fund Management Ltd 10,029,424,696 32
Tutman Fund Solutions Limited 10,025,167,247 33
AXA IM UK Limited 9,363,200,866 34
Man Fund Management UK Limited 9,123,982,782 35
Premier Portfolio Managers Limited 9,008,967,422 36
Columbia Threadneedle 8,777,857,814 37
State Street Investment Management 8,749,503,311 38
UBS Asset Management Funds Ltd 8,455,307,226 39
Schroder Personal Wealth Limited 7,600,342,406 40
Omnis Investments Limited 5,973,653,853 41
Allianz Global Investors 5,761,555,122 42
FundRock Partners Limited 5,537,292,586 43
TrinityBridge 5,447,498,615 44
Ninety One Fund Managers UK Limited 5,432,058,985 45
Aegon Asset Management UK plc 4,825,719,260 46
Franklin Templeton Fund Management Limited 4,205,493,921 47
Virgin Money Unit Trust Managers Limited 3,770,314,930 48
Seven Investment Management LLP 3,594,724,296 49
Yealand Fund Services Limited 3,263,938,502 50
Santander Asset Management (SAM UK) 2,813,476,107 51
Sarasin Investment Funds Limited 2,602,874,082 52
J O Hambro Capital Management Limited 2,359,723,654 53
Barclays Asset Managers Limited 2,027,945,318 54
EdenTree Investment Management Limited 1,683,704,021 55
T. Rowe Price International Limited 1,513,136,534 56
Thesis Unit Trust Management Limited on behalf of Fulcrum Asset Management 1,410,326,457 57
Redwheel 1,378,019,377 58
McInroy & Wood Portfolios Ltd 1,371,882,521 59
Lazard Fund Managers Limited 1,363,489,814 60
NFU Mutual Unit Managers Ltd 1,355,179,924 61
Morgan Stanley Investment Management Ltd 1,298,090,630 62
Orbis Investment Management (Luxembourg) SA 1,116,964,572 63
COURTIERS Asset Management Limited 984,553,755 64
Baring Fund Managers Limited 834,630,710 65
Marks & Spencer Unit Trust Managers Ltd 803,221,943 66
Stonehage Fleming Investment Management Limited 777,973,035 67
Slater Investments Ltd 709,031,273 68
WAY Fund Managers 510,505,223 69
Unicorn Asset Management Limited 445,542,288 70
Thesis Unit Trust Management Limited on behalf of Quilter Cheviot Limited 417,801,699 71
TIME Investments 414,704,260 72
SVM Asset Management Ltd 347,081,868 73
Wesleyan Unit Trust Managers Ltd 258,792,805 74
Scottish Friendly Asset Managers Ltd 183,110,227 75
Cerno Capital Partners LLP 173,685,393 76
Capital Group UK Management Company Limited 157,722,533 77
Equitile Investments 151,355,695 78
Thesis Unit Trust Management Limited on behalf of Meridiem Investment Management Limited 148,512,493 79
Aberforth Unit Trust Managers Limited 132,391,817 80
Consistent Unit Trust Management Co Ltd 106,170,066 81
GAM 49,559,107 82
The Northern Trust Company 24,647,308 83
Oldfield Partners 19,267,414 84
Pinnacle Investment 1,631,280 85
Natixis Global Asset Management 0 86
Total 1,108,370,000,000