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Billionaire Peltz on the election, market volatility and Trump's next policy steps

Billionaire hedge fund manager Nelson Peltz shared his views on the market and what policies will come from a Donald Trump presidency in an exclusive interview with CNBC's Scott Wapner on Wednesday.

Peltz is chief executive officer of Trian Fund Management. The firm manages more than $10 billion, according to its website.

On Trump's possible policy moves: "He's got to take the easy wins first, which is upgrading our infrastructure. ... Repatriating the corporate cash, finally finally let's bring it home. And I think Donald will get some corporate tax reform, which I think will actually create more jobs," he said.

On the market volatility in futures overnight: "We're very long term, so we pay no attention to these short-term swings," Peltz said.

To watch the broadcast interview in its entirety, you must be a CNBC PRO subscriber.