FERI (Schweiz) stands for comprehensive, individual, transparent and sustainable advice and support. We draw on over 30 years of experience. In collaboration with the other entities of the FERI Group, we offer private investors a wide range of asset management services.

FERI (Schweiz) has unique expertise in asset management and advisory services for discerning clients. The global quality concept is based on the quality investing approach, in which financially sound companies are identified through targeted selection on the basis of various quality characteristics.

Artificial intelligence (AI), the Internet of Things (IoT) and 5G – exponential technologies will trigger a wave of transformation in society and the environment in the coming decades. FERI (Schweiz) now offers the opportunity to actively participate in these developments and to invest in an innovative concept.

FERI’s employees specialise in providing individual, comprehensive and long-term advice to discerning families. We provide solutions for the preservation and growth of family wealth – for this generation and the next. We offer strategic aset planning, advice on implementation, profitability monitoring, risk management, asset protection strategies and sustainability consulting. 

FERI (Schweiz) offers clients a range of advisory services and individual investment solutions to give them clarity as to how compatible their investments are with the United Nations sustainable development goals and increase their understanding of this at the different levels of the investment process.

FERI (Schweiz) has unique expertise in asset management and advisory services for discerning clients. The global quality concept is based on the quality investing approach, in which financially sound companies are identified through targeted selection on the basis of various quality characteristics.

Artificial intelligence (AI), the Internet of Things (IoT) and 5G – exponential technologies will trigger a wave of transformation in society and the environment in the coming decades. FERI (Schweiz) now offers the opportunity to actively participate in these developments and to invest in an innovative concept.

FERI (Schweiz) offers its clients customised solutions and individual investment strategies. Our particular strength lies in mandates with special risk-return targets, which we define individually with our clients

FERI (Schweiz) offers clients a range of advisory services and individual investment solutions to give them clarity as to how compatible their investments are with the United Nations sustainable development goals and increase their understanding of this at the different levels of the investment process.

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

Economy and Markets 2021: Cyclical Scenario Remains Intact

Bad Homburg, 11/10/2020
by FERI
  • Markets focus on economic stimulus package after Biden's election victory
  • Reconstruction fund helps southern European states
  • Corona crisis as a catalyst for sustainable investments and digitisation
  • 33rd FERI Tagung (FERI's annual Conference) for the first time as digital event

The development of the global economy will continue to be dominated by the corona pandemic in 2021. However, new fiscal programs in the USA and Europe and the recovery of China could trigger a growth spurt in the coming year. The outcome of the US elections also points to a continuation of the cyclical investment scenario. These are key results of the 33rd FERI Tagung, which was held for the first time this year as a purely online event due to the corona pandemic. "In the corona crisis, clear differences between countries and regions are now becoming apparent. While China has practically overcome the crisis and is clearly back on a growth path, Europe must expect a further decline in economic output in winter as a result of the second wave of the pandemic," said Axel D. Angermann, Chief Economist of the FERI Group. However, if the current "lockdown light" is successful in bringing the pandemic back under control, the recovery process could be resumed from spring onwards. The payments from the European reconstruction fund would then also help, which should boost growth, especially in the countries of Southern Europe, which are the main beneficiaries of the pandemic. "A new fiscal stimulus is also expected in the USA and therefore higher growth dynamics in 2021. This could also drive up inflation expectations," Angermann said.

Positive Earnings Outlook

The fact that the FERI experts expect the stock market environment to remain constructive on the whole is not only due to the expected economic recovery, but is based primarily on the continuation of the expansive monetary policy and the prospect of rising corporate profits. "The capital markets are anticipating an end to the crisis - with a discount factor close to zero, it is relatively irrelevant whether this end occurs several quarters earlier or later," said Marcus Zasada, Team Head Portfolio Management at FERI Trust. Higher growth expectations would result in rising interest rates and possible losses in the bond markets, especially in the US. "Cyclical sectors and commodities, on the other hand, would be winners in such a scenario," added Zasada. Among the key market drivers for 2021 were also ongoing geopolitical risks, as the US-China rivalry would not disappear with Biden as US president. Investors should generally prefer a growth-oriented investment strategy and also focus on megatrends, which will be further intensified by the corona pandemic. These include, for example, the topics of digitalization and sustainability.

America After the Election

An important topic at the 33rd FERI Tagung was the US elections and their consequences for Europe and the world. "The new President Biden will quickly need concrete support, also from the EU, to consolidate his position in a country that continues to be divided," said Andreas Povel, former CEO AmCham Germany, in his presentation. Topics for this could be a common strategy in the fight against Corona, support for reforms of the WHO or a multilateral solution of the China trade conflict via the WTO, Povel continued.


About FERI

Founded in 1987 and headquartered in Bad Homburg, Germany, the FERI Group has developed into one of the leading investment houses in the German-speaking area. FERI offers tailor-made solutions for institutional investors, family assets and trusts in the following areas:

The FERI Cognitive Finance Institute was formed in 2016. It is the strategic research centre and creative think tank of the FERI Group. The Institute focuses on innovative analyses and the development of methods for long-term oriented economic and capital market research. 

FERI and MLP currently have assets of EUR 39.6 billion under management. A total of EUR 9 billion of these assets are alternative investments. The FERI Group is headquartered in Bad Homburg and has offices in Dusseldorf, Hamburg, Luxembourg, Munich, Vienna and Zurich.



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

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.