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November 19, 2010

Los Angeles Times: Kenneth Naehu Quoted in “Bond Market Turmoil Hits California in the Pocketbook”

“Bond Market Turmoil Hits California in the Pocketbook,” by Tom Petruno, Los Angeles Times.

Individuals have pumped record sums into bond funds over the last two years, seeking relative safety. Now, “you’re getting a flavor of what can happen” when people find they can lose money in bonds, said Ken Naehu, head of fixed-income investing at Bel-Air Investment Advisors in L.A.

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