Juno Capital declares reports of Woodford employment 'untrue'

Relationship is 'preliminary due diligence'

Juno Capital has distanced itself from former fund manager Neil Woodford, following reports he had taken an advisory role with the firm last week.

Sky News reported that, according to City sources, Woodford and Craig Newman, who ran Woodford Investment Management before its collapse, had taken on advisory roles with Juno to put together a portfolio of unquoted healthcare investments. Law firm considers compensation claims against Woodford ACD Link In a blog dated 13 July, Juno declared news that the pair "have been or will be employed by Juno as advisors" was "untrue" and clarified that they had been contacted for their "perspective as previous managers" of unquoted ex-Woodford assets that the firm was "interested in investing i...