September 30, 2013

Blackrock will continue to manage the I Fund, the Federal Retirement Thrift Investment Board announced on September 16th.

The only surprise is that the announcement came so soon. As noted in early August, TSP administrators expected to make a decision by the end of the year. This must mean there were very few – if any – fund management companies that submitted a proposal to manage the I Fund besides Blackrock.

Related topics: blackrock i-fund