PowerShares Launches International Corporate Bond ETF (PICB)

The fixed income ETF space has continued its impressive growth in 2010, with PowerShares becoming the latest issuer to bring a new bond fund to market. The PowerShares International Corporate Bond Portfolio (PICB) will track the S&P International Corporate Bond Index, a benchmark that measures the performance of investment grade corporate bonds from non-U.S. issuers [...] Original Post Related Stories: Time For An International Corporate Bond ETF? ETF First: International Corporate Bond ETF (IBND) ETF Pipeline: International Corporate Bonds, Fixed Income “Spread Funds”