Federal Thrift Savings Plan sticks with BlackRock as F Fund manager

Federal Thrift Savings Plan, Washington, rehired BlackRock (BLK) to manage its $25.4 billion fixed-income index fund, the F Fund.

BlackRock has managed the account since December 2009, Federal Thrift spokeswoman Kim Weaver said in an interview.

An RFP was issued June 1.

The F Fund, an aggregate corporate and government bond fund, represents 8% of TSP's $324.1 billion in assets.

The year-to-date return for the fund as of Nov. 30 was 4.43%; the 12 month-return as of the same date was 5.49%.