Fortress

Some investors fear that new inflows of capital into Fortress may not be enough to turn the asset manager around. But Hilary Kramer says that its funds are close to their "high water marks" and the stock should soon start to rise.

The euphoria bubbling around gold may have gotten another big boost -- not that it needed one. Hedge fund manager John Paulson is raising a new fund that will focus on gold and related items like miners and derivatives. The move by Paulson -- who made a fortune betting against real estate -- is...