The five-star hotel is one of the trophy assets now on the market after the implosion of Signa Group.
The new fund will be a blend of discretionary and systematic strategies.
His comments highlight the angst investors have been feeling since the Fed began its 18-month string of rate increases.
Paul Brain said that he's readying his funds for an era of more entrenched price pressures.
Energy prices are tumbling and calls for region-wide recession are falling by the wayside.
The new environment comes as policy makers balk at the risks to growth needed to quash decades-high price growth.
The retreat of inflation from its peak isn't likely to mark a return to the price stability, the firms' strategists say.
Russia has the resources to pay its bills, and tried to do s, but it was blocked by sanctions.
With recession expectations rising, investors have to take shelter somewhere.
Demand for market hedges is growing on Wall Street.