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Friday, November 28, 2014

investments

City fund seesaws

The $30 million the city has invested from the sale of Baptist Memorial Hospital-North Mississippi has earned more than $4 million to date, slipping a bit in September, but rebounding by the end of October. (November 20, 2014, Page 1A)

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    BMH money offers different options

    Spend it and pay off debt? Invest it, use the proceeds for special projects and save the principal for emergencies? Editor Don Whitten takes a look at how local government officials handled funds from the sale of Baptist Memorial Hospital-North Mississippi in light of talk in the city of raising taxes. (July 23, 2014, Page 4)

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      City expected to draw $1 million from Baptist funds

      The Board of Trustees of the Oxford Municipal Reserve and Trust Fund announced Tuesday the market value of the fund was $33,342,676, which represents a net increase over $4.1 million since inception. (May 14, 2014, Page 2)

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        Making retirement picture clear – and pretty

        Editor Don Whitten writes about a common thread he heard concerning New Year’s resolutions – getting prepared and staying prepared financially for retirement. (January 6, 2014, Page 4)

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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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