Nelson Peltz: We all need to come together in support of our new president

Nelson Peltz
David A. Grogan | CNBC
Nelson Peltz

Billionaire hedge fund manager Nelson Peltz said Wednesday he feels very positive about the market moving past the election.

The Trian Fund Management chief executive said he is confident that President-elect Donald Trump will be able to get things done if the country is behind him.

"I think that we all need to come together in support of our new president," Peltz said in a phone interview on CNBC's "Halftime Report." "Donald isn't an idealogue and I hope — and I know he will — he'll bring this country back to the center. ... That's where we belong, that's where this country works."

He suggested Trump take the "easy wins" first, by upgrading the country's infrastructure and repatriating corporate cash. Peltz also said he expects Trump to achieve corporate tax reform, which will help create more jobs.

As a long-term investor, Peltz said he didn't pay any attention to last night's short-term swing. Trian manages more than $10 billion.