
Investors were given a choice out of Tulloch and fellow FE Alpha Managers Sebastian Lyon, Richard Woolnough and Neil Woodford.
Tulloch topped the standings with 35 per cent of 740 votes, with Woodford a very close second with 34 per cent.
Multi-asset specialist Lyon, who heads up the Trojan fund and Personal Assets Trust, came in third with 20 per cent, while M&G Corporate Bond’s Richard Woolnough was last with 11 per cent.
Tulloch has consistently outperformed his peers over a career that spans back to 1988.
Over 10 years the manager has returned 433.95 per cent, beating his peer group composite by 116.18 percentage points.
Performance of manager vs peers over 10yrs

Source: FE Analytics
He heads up the five crown-rated First State Asia Pacific and First State Asia Pacific Leaders funds, and will take charge of the Scottish Oriental Smaller Companies trust in the New Year.
It is the second time in a row that FE Trustnet users have selected Tulloch as their favourite manager.
In December 2010, Tulloch saw off competition from Woodford and Fidelity’s Anthony Bolton.
According to our data, investors would have been better off backing the Invesco Perpetual manager over the last two years; Woodford has returned 15.93 per cent during this time, compared with 10.58 per cent from Tulloch and a loss of 29.7 per cent from Bolton.
Performance of managers over 2-yrs

Source: FE Analytics
Patrick Connolly, head of communications at AWD Chase de Vere, is not surprised that Tulloch is investors' first choice.
"We like him, we use him and he has been around for a very long time. The fact that a UK manager hasn’t been your readers’ choice isn’t a great surprise either – there is so much money in that area of the market and there are a lot of good UK managers."
"However in his sphere, if not the top manager around, Tulloch is definitely one of the top two or three – especially if investors want general exposure with not too much volatility or risk."
"He has been on the AWD recommended list for a very long time – far longer than I have been here."
The £861m First State Asia Pacific fund is the standout performer in the IMA Asia Pacific ex Japan sector over the last decade, registering top-quartile performance over one, three, five and 10 years.
With returns of 409.92 per cent, it is number-one in its sector over the last decade.
The fund is currently soft-closed; however, the very similar Asia Pacific Leaders portfolio is still open to investors, although First State recently said it is exploring methods of slowing inflows into the fund.
The £6.6bn Leaders fund was launched in 2003. It has posted top-quartile performer over one, three and five years.
Richard Troue, investment analyst at Hargreaves Lansdown, is a fan of Tulloch’s strategy and is particularly keen on the fund’s general management team.
"I do like Angus Tulloch," he said.
"He has just been a phenomenally successful investor over the years who has been able to consistently outperform. Like most top-class managers, Tulloch chooses well-managed businesses with strong balance sheets that can grow their earnings."
"The only problem is that these companies can underperform when more racy stocks are in favour."
According to our data, Tulloch (pictured) marginally underperformed during the 2009 and 2010 market rebound, returning 91.57 per cent over the 24-month period, compared with 92.66 per cent from his peers. He has also fallen short so far in 2012.

"He has stuck to his knitting and follows a robust and well thought-out approach to investing. Tulloch is also part of a very experienced and well-resourced team who know that area of the market extensively," Troue added.
Like Troue, managing director at Chelsea Financial Services Darius McDermott says investors should not be worried if Tulloch's funds underperform at times.
"He might slightly underperform in a momentum-driven bull market, but if you look at 2008 the fund lost half as much as the rest of the sector."
In 2008, Tulloch lost 18.9 per cent, while his peers were down 32.17 per cent.