Launched a few years ago by a group of European dealers chasing Russia’s new rich, the annual Moscow World Fine Art Fair has become a major event, attracting serious collectors and the cream of Moscow society. Held late May at the Manezh, an elegant cavalry training hall near the Kremlin, the show features 80 exhibitors. It’s a mix of international and Russian galleries offering Old Master and modern paintings, Art Deco furniture, decorative objects, and lots of jewelry. Luba Mosionzhnik, of New York’s Chowaiki Mosionzhnik Gallery, remarks, "Russia is like America at the end of the nineteenth century with the Fricks and Rockefellers amassing collections." The 2008 fair runs from May 26 to June 2 at the Manezh. At 1 Manezh Sq.; moscow-faf.com.