Which fund managers do millionaires prefer?

Millionaires favour hedge fund manager Paul Singer, CEO of Elliott Management, as the manager they trust most with their cash, according to an investment club survey.

Singer, who is worth over $900m himself and responsible for the $17bn in AUM at his company, was voted number one out of the top ten best investment managers by 180 members of TIGER 21, a high-end investment club who collectively manage $15bn. John Paulson, famous for betting against subprime mortgages during the financial crisis in his Advantage Plus fund but who has seen substantial losses more recently, was also among the top 10 as well as Hayman Capital Management's Kyle Bass and Israel Englander, who runs the hedge fund firm Millennium Management, according to Reuters. Robert Zoe...