Causeway Capital Management's Arjun Jayaraman is bullish on one pure-play infrastructure stock: REC , a company which issues loans to power utilities and to other infrastructure.
"It is one of the cheapest ways to play infrastructure," the portfolio manager told CNBC Pro Talks last week.
Jayaraman manages Causeway's Emerging Markets Fund and International Opportunities Fund .
Though he called the Indian market a "very strong growth story," he said he would focus on its small- to mid-cap segment.
"Since India is a strong secular growth market, we would say the mid and small-cap [market] is the place to be.
Persons:
Arjun Jayaraman, Jayaraman, Narendra Modi
Organizations:
Investments, CNBC, International, REC, Markets Fund, Fund
Locations:
India, bullish