FERI expects demand for alternative investments such as infrastructure, property, private equity and hedge fund investments to continue rising strongly in the coming years. FERI currently manages alternative investments worth 9 billion euros, making it one of the largest providers in Germany.

For more than 20 years, we have been offering our clients individually tailored risk management solutions. Market risks are actively managed according to risk and return parameters jointly defined in advance.  

In institutional asset management, FERI offers a broad range of asset management services for institutional investors. Our investment specialists have many years of experience in all asset classes and follow a multi-asset approach ranging from the development and implementation of individual investment strategies to quantitative risk management and control.

FERI expects demand for alternative investments such as infrastructure, property, private equity and hedge fund investments to continue rising strongly in the coming years. FERI currently manages alternative investments worth 9 billion euros, making it one of the largest providers in Germany.

For more than 20 years, we have been offering our clients individually tailored risk management solutions. Market risks are actively managed according to risk and return parameters jointly defined in advance.  

FERI is a byword for comprehensive, individual, transparent and sustainable advice and support for private clients. With over 30 years of experience, we offer private investors a wide range of asset management services.

Sustainability is not only a socio-political imperative. For FERI, it also includes a clear commitment to shared social responsibility as a financial services provider. This is why FERI places the sustainable development goals (SDGs) defined by the United Nations General Assembly (UN) at the forefront of sustainability considerations in all its investment solutions and advisory services. 

With the help of an asset liability management study, FERI can show you whether a financing system in its current form is sustainable and whether sufficient risk carriers are available or whether a modification of the system is advisable.

During the transition to a sustainable future, FERI guides and supports you in the implementation of a sustainability concept and in the implementation and further development of existing solutions.

FERI’s comprehensive support ranges from optimal asset allocation and investment planning to appointing managers, reporting, monitoring and controls. Clear structures always ensure well-documented decisions and transparent investments.

FERI carries out a cost check in three steps and determines the costs for mandates, depositaries and investment management. In times of persistently low interest rates, these are a key factor in the performance of any portfolio.

FERI uses the three-step manager check to assess the quality and performance of asset managers.

FERI evaluates current portfolios in terms of expected returns and risk and checks whether the allocation still meets the requirements regarding yield and available risk budget. In addition, FERI presents you with alternative portfolios that promise higher returns with the same risk or offer similar opportunities for returns with reduced risk.

To ensure the success of the investment, FERI provides guidance on risk management processes. These range from the preparation of a risk manual and risk inventory to regular reporting and commentary.

In order to identify the risk sources and their distribution in the portfolio of an investment, FERI prepares a risk sheet, which makes this information transparent and clear. It clearly shows what share of the overall risk is attributable to the individual investment funds, segments and asset classes.

FERI offers its clients the entire process of investment consulting and has been continuously developing it since the 1990s. Thanks to its extensive experience, self-developed systems and access to almost 200 employees in all areas of the investment process, FERI creates significant added value for its clients through its range of consulting services.

The FERI family office is the strategy advisor for your assets. We offer services ranging from strategic asset planning, implementation consulting and results monitoring and controls, through risk management and asset protection strategies to sustainability consulting. 

Sustainability is not only a socio-political imperative. For FERI, it also includes a clear commitment to shared social responsibility as a financial services provider. This is why FERI places the sustainable development goals (SDGs) defined by the United Nations General Assembly (UN) at the forefront of sustainability considerations in all its investment solutions and advisory services. 

Asset allocation – an overview of the latest market developments. FERI offers optimal, quantitative and qualitative support for decision-making, both in terms of strategic and tactical asset allocation.

FERI’s economic expertise is used in high-profile companies for operational planning and market research and in numerous banks for risk management from an industry perspective. We offer our clients the following services: worldwide economic data; global macro research; global economic, interest rate and currency forecasts; country and sector outlooks; FERI sector rating.  

Set this page to:
Go to FERI in:
myFERI Economics Portal FERI Portal

FERI Cognitive Finance Institute - A Digital Euro Could Be Here as Early as 2021

Bad Homburg, 12/08/2020
by FERI Cognitive Finance Institute
  • Great potential for digital currencies
  • Disruption by "Diem (formerly Libra)" increases pressure on central banks
  • FERI Cognitive Finance Institute publishes joint analysis with Frankfurt School Blockchain Center

The private Stablecoin project "Diem" - formerly "Libra" - is well ahead in the race for the introduction of a "digital euro". A corresponding crypto currency, whose value is also linked to the euro, could be available as early as the beginning of 2021. By contrast, the European Central Bank is not expected to introduce its own digital currency until the middle to end of this decade at the earliest. This is the conclusion reached by the Frankfurt School Blockchain Center in a recent analysis based on a survey of more than 50 high-ranking experts from various sectors and industries, including central bankers and experts from industry. The FERI Cognitive Finance Institute has summarized the results of this panel in a Cognitive Briefing.

Potential for New Business Models

According to the report, the digitization of currencies and payment infrastructures is accelerating worldwide. There are also efforts to develop a digitised version for the euro. Firstly, the European Central Bank is discussing the introduction of a so-called Central Bank Digital Currency (CBDC). On the other hand, the Diem (formerly Libra) Association, founded by private companies, including Facebook as its best-known member, is planning to create a Diem-Coin convertible into euros as part of a global payment infrastructure.

"A digital programmable euro has the potential to stimulate innovation and generate new business models. Benefits can be expected in particular from automation gains as well as greater efficiency in cross-border payment transactions and faster processing of payments," says Prof. Dr. Philipp Sandner, Head of the Frankfurt School Blockchain Center at the Frankfurt School of Finance & Management.

The experts surveyed largely agree that the Diem Association is very likely to introduce a digital currency much earlier than the European Central Bank (ECB). Despite a certain amount of scepticism about the Diem Association's potentially great market power, the analysis shows that it is to be welcomed that a private-sector initiative is making rapid progress here, thereby increasing the pressure on the central banks.

Bitcoin Gets Competition

According to the analysis, the question of how the relationship between Diem and official CBDCs and already existing crypto currencies such as Bitcoin will develop in the future is also exciting. "The payment function of Bitcoin would undoubtedly be substituted by the new digital currencies. However, crypto currencies have always been an object of speculation and an anonymizing payment vehicle. It remains to be seen whether this will be enough to keep the old crypto currencies alive. What is clear, however, is that the creation of new digital money by central banks should not become an additional supporting factor for the old crypto currencies," says Dr. Torsten von Bartenwerffer of the FERI Cognitive Finance Institute.

The Cognitive Briefing of the FERI Cognitive Finance Institute on the topic "Digital Euro: The race between the European Central Bank and the Diem (formerly Libra) Association" is available (in German) at: https://www.feri-institut.de/media-center/publikationen/


About FERI Cognitive Finance Institute

FERI Cognitive Finance Institute is the strategic research centre and creative think tank of the FERI Group, with a clear focus on innovative analysis and method development for long-term aspects of economic and capital market research. The institute uses the latest findings from areas such as behavioural economics, complexity theory and cognitive science.

The FERI Cognitive Finance Institute is backed by an experienced team with an interdisciplinary academic background, many years of research practice and specific expertise. In addition, it has access to a powerful network of external experts.

The Institute was founded in 2016 by Dr. Heinz-Werner Rapp, CEO of FERI AG and CIO of the FERI Group, for which he has worked since 1995. Rapp studied economics at the University of Mannheim and received his doctorate on psychologically influenced investor behaviour ("Behavioral Finance"). He has worked on alternative capital market models for many years and has recently developed key principles of the new "Cognitive Finance" theory.

FERI has operated as an independent investment house since 1987, with a focus on investment research, investment management and investment consulting. The name FERI stands for "Financial & Economic Research International".



Media relations contact

Katja Liese

Member of the Management Board

Corporate Strategy, Marketing and Communications

T +49 (0) 6172 916-3192

F +49 (0) 6172 916-1192

presse@feri.de

FERI AG

Rathausplatz 8-10

D-61348 Bad Homburg

Dr. Torsten von Bartenwerffer
Contact
Contact
Login
Languages
Katja Liese
Member of the Management Board
Corporate Strategy, Marketing and Communications

T +49 (0) 6172 916-3192
F +49 (0) 6172 916-1192
presse@feri.de

FERI AG
Rathausplatz 8-10
D-61348 Bad Homburg

Contact

Thank you for your message. We come back to your request.

Sorry, an error has occurred.

The secure code you entered is invalid.

Set this page to:
Go to FERI in:
CONTACT
Telephone
Contact
Katja Liese
Member of the Management Board
Corporate Strategy, Marketing and Communications

T +49 (0) 6172 916-3192
F +49 (0) 6172 916-1192
presse@feri.de

FERI AG
Rathausplatz 8-10
D-61348 Bad Homburg

Contact

Thank you for your message. We come back to your request.

Sorry, an error has occurred.

The secure code you entered is invalid.