Earlier this year, I argued that global equity funds spoil us for choice, what with options that range from distinctive value portfolios to 'all-weather' funds and names that focus on punchy future trends.
But in another year dominated by US tech, a common theme among most of these strategies is that they struggle to beat the MSCI World index over shorter periods.
As of 8 October, just 86 of 562 funds in the Investment Association and Association of Investment Companies Global sectors are ahead of the index for 2024.