Choosing between the US and Europe is "an important choice for a professional investor," Kempenaer said.
"The time has now come that we have to shift from the US to Europe again," he added.
The overall picture for stocks is still bleak, according to Kempenaer.
"Equity markets worldwide are still in a massive downtrend and I don't think that's going to change anytime soon," Kempenaer said.
The DJ Eurostoxx 50 is facing critical levels as it hovers near recent lows that could either mark a bottom or signal further falls, Kempenaer said.
Emerging markets are "not the place to be" right now as they are starting to "underperform the rest of the world," he said.
(Watch the full CNBC interview with Julius de Kempenaer above).
For the Investor:
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Volumes that Lead to Investment Opportunities
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