This also on WorkFE's account.
Quote:
Originally Posted by
WorkFE
This is where our I fund shares reside?
http://money.cnn.com/2009/06/12/news...ion=2009061204
Below is part of the press release from the FRTIB that contracted with Barclay's to manage our funds. The press release is dated 9/6/06. What does the BGI sale to Black Rock mean???
FEDERAL RETIREMENT THRIFT INVESTMENT BOARD
ANNOUNCES VENDOR SELECTIONS FOR INVESTMENT FUNDS AND PARTICIPANT SURVEYS
Washington, D.C. (September 6, 2006) — The Federal Retirement Thrift Investment Board announced today that Barclays Global Investors, N.A., of San Francisco, California, has been selected to manage the Common Stock Index Investment (C) Fund, the Small Capitalization Stock Index Investment (S) Fund, the International Stock Index Investment (I) Fund, and the Fixed Income Index Investment (F) Fund of the Thrift Savings Plan (TSP) for Federal employees. The selection results from competitive procurements initiated by the Board in May 2006 through release of Requests for Proposals (RFPs).
Barclays is the largest manager of institutional assets in the world and the largest provider of both index and quantitative investment strategies with over $1.6 trillion in assets under management on behalf of 2,860 institutional clients. The Board intends to make a formal award shortly through a contract with Barclays.
Link to the complete press release:
http://www.tsp.gov/curinfo/pressrel/...aysvendor.html