UK-listed funds boutique Liontrust Asset Management and fund of hedge funds manager Gottex Fund Management on Wednesday both gave an indication of how parts of the investment industry are eyeing unconventional strategies to diversify returns and boost appeal.

Liontrust, traditionally a long-only investor, used its second-quarter trading update to highlight the recent expansion of its alternatives range via the launch of the Liontrust GF Global Strategic Equity fund on July 17.