Disgraced fund manager Neil Woodford is reportedly back in the game somewhat, dipping his toes into the world of advisory with Juno Capital.
According to Mark Kleinman of Sky News, Woodford has taken up an advisory role at Juno Capital where he will be helping to build up a portfolio of investments in healthcare companies not listed on the stock market.
Exclusive: Neil Woodford, the former star fund manager, is mounting the first stage of a controversial comeback by taking a role as an adviser to Juno Capital, a wealth manager, a year after the implosion of his eponymous empire. https://t.co/pp1x363oHi— Mark Kleinman (@MarkKleinmanSky) July 11, 2020
As investors are still left hanging for a share of the proceeds following the collapse of Woodford’s investment firm, it appears as if he’s making moves to get back on the metaphorical horse – but in a less hands-on capacity.
The duration of Woodford’s assignment is unknown – but he is also reportedly joined by former partner in crime Craig Newman of Woodford Investment Management.