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Wednesday, April 23, 2014

Glenmede

City’s trust fund continues to grow

Despite a shaky economy and the government’s shutdown earlier this month, the city of Oxford’s $30 million investment continues to do well. (October 30, 2013, Page 2)

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    Trust fund committee gets annual report

    The Oxford Municipal Reserve and Trust Fund Committee accepted the annual report from Glenmede investment firm which is handling the city’s $30 million from the sale of Baptist hospital during its regular meeting Tuesday. (June 20, 2013, Page 2)

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      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)

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        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)

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          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)

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            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)

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              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)

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