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ASSET.TV INTERVIEW

The IMA UK Smaller Companies sector has delivered a second year of strong performance after generating phenomenal returns in 2009.

AXA Framlington's George Luckraft says he should have sold his BP shares following the Deepwater Horizon spill, but is optimistic on the group's prospects following this week's trading statement.

London's leading index of shares added to yesterday's triple-digit gains in early trading on Friday, before dipping into negative territory.

Invesco Perpetual plans to merge its two UK smaller companies funds following the departure of Andy Crossley at the end of the year.

The Lloyds Banking Group has named the boss of Santander's UK operations António Horta-Osório as its new CEO, replacing Eric Daniels.

Standard Life Investments recorded a £758m net inflow into its UK mutual fund range in the third quarter, doubling its net new business for 2010.

Premier has hired former Threadneedle manager Chris White to take over three income funds from veteran Bill Mott.