Nelson Peltz

Trian Partners on Why Legg Mason is Superior to PIMCO

Trian Partners led by Nelson Peltz had a weak Q2, but is still having a great year. The activist hedge fund was only up 0.2 percent in Q2, but has returned 11.7 percent for 2013, according to a shareholder letter obtained by ValueWalk. AUM has soared 60 percent in the past year, and is now at $6.3 billion. The letter discusses an unknown short, a new long and discusses Nelson Peltz's proposal for PepsiCo, Inc. (NYSE . . .

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