The chief financial officer of hedge fund GLG Partners has joined peers from the wider funds industry in expressing optimism about slowing client redemptions and opportunities for growth, as managers look to move forward from the troubles that ravaged the sector in 2008.

Jeffrey Rojek was speaking at a Keefe, Bruyette & Woods conference in New York and told attendees that the cycle of redemptions at GLG had ended and that the group was open to the possibility of acquisitions as co-chief executive Noam Gottesman aims to "turbocharge" efforts to attract new flows.