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Saturday, May 30, 2015

Oxford Reserve and Trust Committee

City’s Reserve and Trust Fund Board of Trustees gives nod to Glenmede

The Oxford Municpal Reserve and Trust Fund Board voted Tuesday to continue its relationship with investment firm Glenmede and attorney Robert Payne that manage the city’s $30 million investment from the sale of Baptist. (May 20, 2015, Page 1A)

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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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      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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        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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