China hedge fund in US considers Asia expansion

David Hepworth, co-portfolio manager of Idaho-based Interfund Capital's China hedge fund, talks about exploiting opportunities in the China market. What type of investment strategy does the Interfund Capital China Fund employ? Hepworth: We're an opportunistic, long-biased fund. We do employ some use of leverage and do short stocks on occasion. Our use of shorting is not so much for arbitrage purposes but rather to take advantage of opportunities when companies become overvalued. Wh…