The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ACCENTURE PLC CLS'A'USD0.0000225 EQUITY B4BNMY3 27,521 382,500 SH   SOLE   382,500 0 0
AMER TOWER CORP COM NEW USD0.01 EQUITY B7FBFL2 26,814 366,557 SH   SOLE   366,557 0 0
AMERISOURCEBERGEN COM STK USD0.01 EQUITY 2795393 34,957 626,354 SH   SOLE   626,354 0 0
AMGEN INC COM USD0.0001 EQUITY 2023607 42,622 432,224 SH   SOLE   432,224 0 0
APPLE INC COM NPV EQUITY 2046251 42,426 107,102 SH   SOLE   107,102 0 0
BORG WARNER INC COM USD0.01 EQUITY 2111955 33,956 394,100 SH   SOLE   394,100 0 0
BPZ RESOURCES INC 6.5% NTS 01/03/15 USD CONVERTIBLE BOND 2BTBMK3 11,604 13,998,000 SH   SOLE   13,998,000 0 0
CADENCE DESIGN SYS COM USD0.01 EQUITY 2302232 34,814 2,404,300 SH   SOLE   2,404,300 0 0
CERNER CORP COM USD0.01 EQUITY 2185284 18,370 191,200 SH   SOLE   191,200 0 0
CITIGROUP INC COM USD0.01 EQUITY 2297907 31,887 665,010 SH   SOLE   665,010 0 0
COACH INC COM USD0.01 EQUITY 2646015 48,350 847,200 SH   SOLE   847,200 0 0
CUMMINS INC COM USD2.50 EQUITY 2240202 28,129 258,900 SH   SOLE   258,900 0 0
CVS CAREMARK CORP COM STK USD0.01 EQUITY 2577609 63,619 1,113,000 SH   SOLE   1,113,000 0 0
DANAHER CORP COM USD0.01 EQUITY 2250870 50,535 798,600 SH   SOLE   798,600 0 0
DAVITA HEALTHCARE COM USD0.001 EQUITY 2898087 18,938 156,783 SH   SOLE   156,783 0 0
ENTERPRISE PRODS P COM UNITS REP LIM PART INT EQUITY 2285388 81,384 1,310,114 SH   SOLE   1,310,114 0 0
EXPRESS SCRIPTS HO COM USD0.01 EQUITY B7QQYV9 65,302 1,058,379 SH   SOLE   1,058,379 0 0
GOOGLE INC COM USD0.001 CL'A' EQUITY B020QX2 32,810 37,300 SH   SOLE   37,300 0 0
HUMANA INC COM USD0.166 EQUITY 2445063 20,872 247,500 SH   SOLE   247,500 0 0
INTUITIVE SURGICAL COM USD0.001 EQUITY 2871301 23,511 46,500 SH   SOLE   46,500 0 0
KRAFT FOODS GROUP COM NPV EQUITY B8P0S06 58,566 1,049,201 SH   SOLE   1,049,201 0 0
LIBERTY GLOBAL INC USD0.01 A EQUITY B8W6766 32,971 447,678 SH   SOLE   447,678 0 0
MARSH & MCLENNAN COM USD1 EQUITY 2567741 24,752 620,041 SH   SOLE   620,041 0 0
MATTEL INC COM USD1 EQUITY 2572303 39,302 867,200 SH   SOLE   867,200 0 0
MICROSOFT CORP COM USD0.00000625 EQUITY 2588173 40,360 1,168,839 SH   SOLE   1,168,839 0 0
MONSANTO COM STK USD0.01 EQUITY 2654320 34,427 348,773 SH   SOLE   348,773 0 0
MOSAIC CO COM USD0.01 EQUITY B3NPHP6 32,163 597,820 SH   SOLE   597,820 0 0
NOBLE ENERGY INC COM USD0.01 EQUITY 2640761 44,285 737,718 SH   SOLE   737,718 0 0
OCEANEERING INTL COM USD0.25 EQUITY 2655583 29,497 408,545 SH   SOLE   408,545 0 0
PFIZER INC COM USD0.05 EQUITY 2684703 110,821 3,950,830 SH   SOLE   3,950,830 0 0
PLUM CREEK TMBR CO COM USD0.01 EQUITY 2692397 26,527 568,404 SH   SOLE   568,404 0 0
PRAXAIR INC COM USD0.01 EQUITY 2699291 30,878 268,200 SH   SOLE   268,200 0 0
QUALCOMM INC COM USD0.0001 EQUITY 2714923 84,889 1,389,800 SH   SOLE   1,389,800 0 0
SCHLUMBERGER COM USD0.01 EQUITY 2779201 26,599 371,449 SH   SOLE   371,449 0 0
UTD TECHNOLOGIES COM USD1 EQUITY 2915500 87,683 943,535 SH   SOLE   943,535 0 0
VERIZON COMMUN COM USD0.10 EQUITY 2090571 18,157 360,681 SH   SOLE   360,681 0 0
VISA INC COM STK USD0.0001 EQUITY B2PZN04 47,117 258,103 SH   SOLE   258,103 0 0
WALT DISNEY CO. COM DISNEY USD0.01 EQUITY 2270726 87,931 1,391,750 SH   SOLE   1,391,750 0 0
WELLS FARGO & CO COM USD1 2/3 EQUITY 2649100 57,459 1,392,600 SH   SOLE   1,392,600 0 0