Emerging market investors should consider making Iran their next bet once (and if) the sanctions against the country are lifted, Charlemagne Capital's Dominic Bokor-Ingram said Tuesday.
"Iran has a population of over 18 million people, has the largest oil and gas reserves in the world, a hugely diverse economy, and a fully-functioning stock market. Those are conditions that we have never seen before in a new emerging market," Bokor-Ingram told CNBC's "Power Lunch."
"What we have in Iran, though, is an economy and a domestic stock market that's much more developed than most early-stage opportunities we look at. There are going to be many more opportunities in the consumer space, the industrial space and manufacturing space, along with the traditional sectors."
Negotiations regarding Iran's nuclear program took a giant leap forward on Thursday when the Middle East nation and major world powers agreed on certain key parameters.
Bokor-Ingram added he believes many investors could be wary of placing bets on Iran because of false misconceptions about the country. "Iran is one of the biggest mismatches between perception and reality that I have ever seen in my 25 years in emerging markets," he said.
He also said he would be looking to invest in the country's banking and telecommunications sectors.