NEW YORK (Reuters) – Nelson Peltzs’ Trian Fund Administration LP could push Legg Mason Inc. to implement modifications to spice up returns, an individual aware of the matter mentioned on Tuesday, the second time in 10 years that Trian has focused the mutual fund firm.

FILE PHOTO: Nelson Peltz founding accomplice of Trian Fund Administration LP. communicate on the WSJD Reside convention in Laguna Seashore, California October 25, 2016. REUTERS/Mike Blake/File Picture

The 2 sides have mentioned chopping prices, the supply mentioned, and Legg Mason chairman, president and chief government officer Joseph Sullivan mentioned on an earnings name on Monday that the corporate plans to handle…

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