Federal Retirement Thrift Investment Board, Washington, is seeking a fund manager for its $28.8 billion International Stock Index Investment Fund.
The I Fund was the $336 billion Thrift Savings Plan's best performer in 2012, with an 18.62% return.
The fund is now managed by BlackRock, who can rebid. The contract will be for a one-year term, with four one-year renewal options. The FRTIB expects to award by contract by the end of 2013, according to spokeswoman Kim Weaver.
The I Fund invests in a stock index fund that fully replicates the Morgan Stanley Capital International Europe, Australasia, Far East index.