Activists Target Nelson Peltz’s Trian Over U.K. Fund

A group of investors is agitating for change at a London-listed investment vehicle managed by shareholder activist Trian Fund Management LP, arguing that the company has deviated from its original purpose when it went public nearly four years ago. 

The group, made up of

Invesco Ltd.


IVZ 0.94%

, Janus Henderson Investors UK Ltd., Pelham Capital Ltd. and Global Value Fund, said Monday it is calling on the company’s board to convene an extraordinary general meeting of its shareholders and swap out current directors.

The campaign is a rare instance of an activist investor playbook being aimed at one of its highest-profile practitioners.

Nelson Peltz,

who co-founded Trian Fund Management, often takes stakes in companies, demands board seats and agitates for…

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