Haidar Capital's Haidar Jupiter Fund saw a gain of 29.6% in the four weeks to 26 August, taking returns so far this year to over 225%, according to a report by Bloomberg.

The report says that Haidar is among a group of macro trading firms which specialise in predicting economic trends and betting across asset classes, that are currently cashing in on attempts by central banks to take soaring inflation rates.

According to a letter to investors, most of Haidar’s gains through July came from profitable fixed income and commodities bets.

The report cites an investor document as revealing that Edouard de Langlade's $766 million EDL Global Opportunities Fund gained about 8% in August through Friday, taking returns for the year to almost 11%, while according to another investor document, rates trading also led to gains at Brevan Howard Asset Management, with its $9.7 billion flagship Master Fund returning 17.3% in August.