Funds target activist great Nelson Peltz
Jonathan ShapiroSenior reporter
Updated
The London-listed fund of Nelson Peltz’s Trian Funds Management has become an unlikely target of a shareholder campaign led by two asset managers that the famed activist currently owns large stakes in.
Trian-owned Invesco and Janus Henderson, alongside ASX-listed Global Value Fund and Pelham Capital, said early on Monday they had called for an extraordinary general meeting to oust three of the four directors of Trian Investors 1 (TI1).
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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
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