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

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.