FUNDVIEW-Neuberger fund likes UPS, industrials, avoids consumer stocks

Newswire

* Avoiding retail, hotel and airline stocks

* Focus on industrials - Boeing, Deere, Caterpillar

* Also favours American Tower and eBay

By Fareha Khan

BANGALORE, March 15 (Reuters) - With beaten-down U.S. consumers saving rather than spending, there are lean returns from investing in retail, hotel and airline stocks, according to Neuberger Berman Select Equities Fund.

The fund, co-managed by Gerald Kaminsky, Michael Kaminsky and Richard Werman, ...

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