TSP retains investment manager for F Fund

leungchopan/Shutterstock.com

The Thrift Savings Plan has renewed its contract with the current investment manager for the fixed income bond fund, its administrative board announced Monday.

The Federal Retirement Thrift Investment Board selected BlackRock Institutional Trust Co. to continue its role as F Fund manager -- a position it has held since December 2009. The agreement is a one-year contract that is renewable each year until 2017.

As of Sept. 30, the F Fund had $25.4 billion in assets. Since January, the fund has risen 4.43 percent.

(Image via leungchopan/Shutterstock.com)

Stay up-to-date with federal news alerts and analysis — Sign up for GovExec's email newsletters.
FROM OUR SPONSORS
JOIN THE DISCUSSION
Close [ x ] More from GovExec
 
 

Thank you for subscribing to newsletters from GovExec.com.
We think these reports might interest you:

  • Sponsored by eSignLive by VASCO

    Mobile E-Signatures for Government

    Learn 5 key trends that accelerate government demand for mobile signing.

    Download
  • Sponsored by Management Concepts

    SPONSORED: Successful Change Management Practices in the Public Sector

    How governmental agencies implement organizational change management.

    Download
  • Sponsored by Kronos

    Solving the Workforce Compliance Challenge

    Download this eBook to learn how data and automation can help state and local agencies.

    Download

When you download a report, your information may be shared with the underwriters of that document.