Trust fund ends first year with $1.2M gain
City will have more than $850,000 in its general fund to use for a variety of projects. The funds come from the city’s $30M received from the sale of Baptist Memorial Hospital-North Mississippi that’s being invested by investment firm, Glenmede. (May 2, 2013, Page 2)
Oxford fund earns $1.2 million
At the end of 2012, the $30 million invested by the city of Oxford from hospital funds saw a $1.2 million gain. (January 4, 2013, Page 1A)
City’s investments dip then rebound
Investment managers with Glenmede investment firm, responsible for investing the city of Oxford’s $30 million received from the sale of Baptist, spoke to the Oxford Municipal Reserve and Trust Fund Board of Trustees recently, updating them on the market outlook and Oxford’s investments. (August 3, 2012, Page 1A, 2A)
Trustees select firm to invest city’s $30 million
The Oxford Municipal Reserve and Trust Fund Board of Trustees voted unanimously Thursday to select Philadelphia, Pa.,-based Glenmede to serve as the investment manager of the city’s newly acquired $30 million from the sale of Baptist Memorial Hospital-North Mississippi. (February 24, 2012, Page 1A)
List of investment firms narrows
The Oxford Reserve and Trust Fund Committee has narrowed down its search for an investment firm to handle Oxford’s recently acquired $30 million to a list of four companies that will be invited to Oxford on Feb. 17 to present their proposals in person and answer questions from committee members. (January 25, 2012, Page 2)
