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 CL A COMMON STOCK G1151C101 1,862 15,900 SH   DFND 1,2 15,900 0 0
ADVANCE AUTO PARTS INC COMMON STOCK 00751Y106 609 3,600 SH   DFND 1,2 3,600 0 0
AES CORP (THE) COMMON STOCK 00130H105 15,862 1,365,100 SH   DFND 1,2 1,365,100 0 0
AETNA INC COMMON STOCK 00817Y108 2,319 18,700 SH   DFND 1,2 18,700 0 0
AGIOS PHARMACEUTICALS INC COMMON STOCK 00847X104 3,593 86,100 SH   DFND 1,2 86,100 0 0
ALIBABA GROUP HOLDING LTD ADR COMMON STOCK 01609W102 63,634 724,680 SH   DFND 1,2 724,680 0 0
ALPHABET INC CL A COMMON STOCK 02079K305 5,028 6,345 SH   DFND 1,2 6,345 0 0
ALPHABET INC CL C COMMON STOCK 02079K107 8,095 10,488 SH   DFND 1,2 10,488 0 0
AMAZON.COM INC COMMON STOCK 023135106 7,173 9,565 SH   DFND 1,2 9,565 0 0
AMERICA MOVIL SAB DE CV L ADR COMMON STOCK 02364W105 42,254 3,361,532 SH   DFND 1,2 3,361,532 0 0
AMERICAN TOWER CORP (REIT) COMMON STOCK 03027X100 5,859 55,439 SH   DFND 1,2 55,439 0 0
AMERICAN TOWER CORP CV PFD SER B DEP SHS (REP 1/10 5.5PERCENT SER B) 02-15-18 (REIT) CONV PREFRD STCK 03027X407 303 2,900 SH   DFND 1,2 2,900 0 0
ANADARKO PETROLEUM CORP COMMON STOCK 032511107 1,478 21,200 SH   DFND 1,2 21,200 0 0
ANALOG DEVICES INC COMMON STOCK 032654105 327 4,500 SH   DFND 1,2 4,500 0 0
AON PLC CL A COMMON STOCK G0408V102 1,695 15,200 SH   DFND 1,2 15,200 0 0
APPLE INC COMMON STOCK 037833100 6,744 58,232 SH   DFND 1,2 58,232 0 0
ASML HOLDING NV (USD) COMMON STOCK N07059210 2,722 24,264 SH   DFND 1,2 24,264 0 0
ASTRAZENECA PLC ADR COMMON STOCK 046353108 1,000 36,600 SH   DFND 1,2 36,600 0 0
AUTOMATIC DATA PROCESSING INC COMMON STOCK 053015103 771 7,500 SH   DFND 1,2 7,500 0 0
BANCO BRADESCO SA PN ADR COMMON STOCK 059460303 20,590 2,363,947 SH   DFND 1,2 2,363,947 0 0
BARRICK GOLD CORP (USD) COMMON STOCK 067901108 486 30,400 SH   DFND 1,2 30,400 0 0
BROADCOM LTD COMMON STOCK Y09827109 2,361 13,359 SH   DFND 1,2 13,359 0 0
CANADIAN NATIONAL RAILWAY CO (USD) COMMON STOCK 136375102 3,646 54,100 SH   DFND 1,2 54,100 0 0
CANADIAN NATURAL RESOURCES LTD COMMON STOCK 136385101 1,404 44,000 SH   DFND 1,2 44,000 0 0
CBS CORP CL B N/V COMMON STOCK 124857202 3,213 50,500 SH   DFND 1,2 50,500 0 0
CEMEX SAB DE CV CPO UNIT ADR (2 A SHRS PLUS 1 B SHR) COMMON STOCK 151290889 18,269 2,275,082 SH   DFND 1,2 2,275,082 0 0
CERNER CORPORATION COMMON STOCK 156782104 2,970 62,700 SH   DFND 1,2 62,700 0 0
CH ROBINSON WORLDWIDE INC COMMON STOCK 12541W209 4,579 62,500 SH   DFND 1,2 62,500 0 0
CHARTER COMMUNICATIONS INC CL A COMMON STOCK 16119P108 1,641 5,700 SH   DFND 1,2 5,700 0 0
CHEVRON CORP COMMON STOCK 166764100 4,318 36,686 SH   DFND 1,2 36,686 0 0
CHUBB LTD COMMON STOCK H1467J104 4,822 36,500 SH   DFND 1,2 36,500 0 0
CIT GROUP INC COMMON STOCK 125581801 4,703 110,200 SH   DFND 1,2 110,200 0 0
CME GROUP INC CL A COMMON STOCK 12572Q105 12,545 108,760 SH   DFND 1,2 108,760 0 0
COBALT INTERNATIONAL ENERGY INC COMMON STOCK 19075F106 2,259 1,851,955 SH   DFND 1,2 1,851,955 0 0
COBALT INTL ENERGY INC CV SR UNSEC 2.625PERCENT 12-01-19 CORP CONV BOND 19075FAA4 61 153,000 PRN   DFND 1,2 153,000 0 0
COBALT INTL ENERGY INC CV SR UNSEC 3.125PERCENT 05-15-24 CORP CONV BOND 19075FAB2 396 1,367,000 PRN   DFND 1,2 1,367,000 0 0
COCA-COLA CO COMMON STOCK 191216100 2,326 56,100 SH   DFND 1,2 56,100 0 0
COMCAST CORP CL A COMMON STOCK 20030N101 5,165 74,800 SH   DFND 1,2 74,800 0 0
CONOCOPHILLIPS COMMON STOCK 20825C104 1,318 26,290 SH   DFND 1,2 26,290 0 0
CORE LABORATORIES COMMON STOCK N22717107 5,840 48,652 SH   DFND 1,2 48,652 0 0
COTY INC CL A COMMON STOCK 222070203 112 6,100 SH   DFND 1,2 6,100 0 0
CREDICORP LTD COMMON STOCK G2519Y108 28,040 177,628 SH   DFND 1,2 177,628 0 0
CROWN CASTLE INTL CORP (REIT) COMMON STOCK 22822V101 2,673 30,800 SH   DFND 1,2 30,800 0 0
CTRIP.COM INTL ADR COMMON STOCK 22943F100 4,302 107,546 SH   DFND 1,2 107,546 0 0
DANAHER CORP COMMON STOCK 235851102 6,795 87,300 SH   DFND 1,2 87,300 0 0
DAVITA INC COMMON STOCK 23918K108 1,637 25,500 SH   DFND 1,2 25,500 0 0
DOLLAR GENERAL CORP COMMON STOCK 256677105 2,192 29,600 SH   DFND 1,2 29,600 0 0
DOW CHEMICAL CO COMMON STOCK 260543103 97 1,700 SH   DFND 1,2 1,700 0 0
EATON CORP PLC COMMON STOCK G29183103 6,575 98,000 SH   DFND 1,2 98,000 0 0
ELI LILLY AND CO COMMON STOCK 532457108 1,721 23,405 SH   DFND 1,2 23,405 0 0
ENBRIDGE INC COMMON STOCK 29250N105 10,958 260,100 SH   DFND 1,2 260,100 0 0
ENEL AMERICAS SA ADR COMMON STOCK 29274F104 8,097 986,191 SH   DFND 1,2 986,191 0 0
ENEL CHILE SA ADR COMMON STOCK 29278D105 4,295 943,891 SH   DFND 1,2 943,891 0 0
ENSCO PLC CL A COMMON STOCK G3157S106 221 22,700 SH   DFND 1,2 22,700 0 0
EOG RESOURCES INC COMMON STOCK 26875P101 5,039 49,840 SH   DFND 1,2 49,840 0 0
EXPRESS SCRIPTS HOLDING CO COMMON STOCK 30219G108 413 6,000 SH   DFND 1,2 6,000 0 0
EXXON MOBIL CORP COMMON STOCK 30231G102 2,771 30,700 SH   DFND 1,2 30,700 0 0
GENERAL ELECTRIC CO COMMON STOCK 369604103 85 2,700 SH   DFND 1,2 2,700 0 0
GENPACT LTD COMMON STOCK G3922B107 234 9,600 SH   DFND 1,2 9,600 0 0
GILEAD SCIENCES INC COMMON STOCK 375558103 1,498 20,920 SH   DFND 1,2 20,920 0 0
GODADDY INC CL A COMMON STOCK 380237107 283 8,100 SH   DFND 1,2 8,100 0 0
GOLAR LNG LTD (USD) COMMON STOCK G9456A100 2,744 119,600 SH   DFND 1,2 119,600 0 0
GOLDMAN SACHS GROUP INC COMMON STOCK 38141G104 3,121 13,035 SH   DFND 1,2 13,035 0 0
GRANA Y MONTERO SAA ADR COMMON STOCK 38500P208 2,901 405,800 SH   DFND 1,2 405,800 0 0
HALLIBURTON CO COMMON STOCK 406216101 1,994 36,858 SH   DFND 1,2 36,858 0 0
HDFC BANK LTD ADR COMMON STOCK 40415F101 12 200 SH   DFND 1,2 200 0 0
HELMERICH & PAYNE COMMON STOCK 423452101 248 3,200 SH   DFND 1,2 3,200 0 0
HEWLETT PACKARD ENTERPRISE CO COMMON STOCK 42824C109 292 12,600 SH   DFND 1,2 12,600 0 0
HEXCEL CORPORATION COMMON STOCK 428291108 3,832 74,500 SH   DFND 1,2 74,500 0 0
HP INC COMMON STOCK 40434L105 315 21,200 SH   DFND 1,2 21,200 0 0
HUNTINGTON BANCSHARES INC COMMON STOCK 446150104 377 28,500 SH   DFND 1,2 28,500 0 0
ICICI BANK LTD ADR COMMON STOCK 45104G104 491 65,600 SH   DFND 1,2 65,600 0 0
IDEX CORP COMMON STOCK 45167R104 1,599 17,752 SH   DFND 1,2 17,752 0 0
ILLUMINA INC COMMON STOCK 452327109 2,125 16,600 SH   DFND 1,2 16,600 0 0
INCYTE CORP COMMON STOCK 45337C102 11,785 117,537 SH   DFND 1,2 117,537 0 0
INTERCONTINENTAL EXCHANGE INC COMMON STOCK 45866F104 3,690 65,400 SH   DFND 1,2 65,400 0 0
INTERNATIONAL FLAVORS & FRAGRANCES INC COMMON STOCK 459506101 601 5,100 SH   DFND 1,2 5,100 0 0
INVESCO LTD COMMON STOCK G491BT108 364 12,000 SH   DFND 1,2 12,000 0 0
IRON MOUNTAIN INC (REIT) COMMON STOCK 46284V101 276 8,510 SH   DFND 1,2 8,510 0 0
ITAU UNIBANCO HOLDING SA PN ADR COMMON STOCK 465562106 23,864 2,321,444 SH   DFND 1,2 2,321,444 0 0
JACK HENRY & ASSOCIATES INC COMMON STOCK 426281101 648 7,300 SH   DFND 1,2 7,300 0 0
JD.COM INC A ADR COMMON STOCK 47215P106 31,075 1,221,500 SH   DFND 1,2 1,221,500 0 0
JOHNSON & JOHNSON COMMON STOCK 478160104 3,572 31,000 SH   DFND 1,2 31,000 0 0
JPMORGAN CHASE & CO COMMON STOCK 46625H100 3,873 44,889 SH   DFND 1,2 44,889 0 0
KINDER MORGAN INC COMMON STOCK 49456B101 352 16,980 SH   DFND 1,2 16,980 0 0
KITE PHARMA INC COMMON STOCK 49803L109 610 13,600 SH   DFND 1,2 13,600 0 0
LAS VEGAS SANDS CORP COMMON STOCK 517834107 554 10,375 SH   DFND 1,2 10,375 0 0
LENNAR CORP CL A COMMON STOCK 526057104 365 8,500 SH   DFND 1,2 8,500 0 0
LIBERTY GLOBAL PLC CL A COMMON STOCK G5480U104 1,741 56,900 SH   DFND 1,2 56,900 0 0
LOCKHEED MARTIN CORP COMMON STOCK 539830109 1,050 4,200 SH   DFND 1,2 4,200 0 0
LULULEMON ATHLETICA INC COMMON STOCK 550021109 2,203 33,900 SH   DFND 1,2 33,900 0 0
MARSH & MCLENNAN COMPANIES INC COMMON STOCK 571748102 5,346 79,100 SH   DFND 1,2 79,100 0 0
MEDTRONIC PLC COMMON STOCK G5960L103 3,939 55,300 SH   DFND 1,2 55,300 0 0
MERCADOLIBRE INC COMMON STOCK 58733R102 18,442 118,112 SH   DFND 1,2 118,112 0 0
MICROSOFT CORP COMMON STOCK 594918104 15,298 246,190 SH   DFND 1,2 246,190 0 0
MOBILEYE NV COMMON STOCK N51488117 221 5,800 SH   DFND 1,2 5,800 0 0
MONDELEZ INTERNATIONAL INC COMMON STOCK 609207105 3,050 68,800 SH   DFND 1,2 68,800 0 0
MONSANTO CO COMMON STOCK 61166W101 5,908 56,150 SH   DFND 1,2 56,150 0 0
MOODYS CORP COMMON STOCK 615369105 2,856 30,300 SH   DFND 1,2 30,300 0 0
NETAPP INC COMMON STOCK 64110D104 169 4,800 SH   DFND 1,2 4,800 0 0
NEW ORIENTAL EDU & TECH GRP INC ADR COMMON STOCK 647581107 17,598 418,000 SH   DFND 1,2 418,000 0 0
NEW YORK COMMUNITY BANCORP INC COMMON STOCK 649445103 181 11,400 SH   DFND 1,2 11,400 0 0
NEWELL BRANDS INC COMMON STOCK 651229106 3,532 79,100 SH   DFND 1,2 79,100 0 0
NIELSEN HOLDINGS PLC COMMON STOCK G6518L108 4,610 109,900 SH   DFND 1,2 109,900 0 0
NIKE INC CL B COMMON STOCK 654106103 1,283 25,250 SH   DFND 1,2 25,250 0 0
NOBLE ENERGY INC COMMON STOCK 655044105 2,371 62,304 SH   DFND 1,2 62,304 0 0
NORTHROP GRUMMAN CORP COMMON STOCK 666807102 1,256 5,400 SH   DFND 1,2 5,400 0 0
NORWEGIAN CRUISE LINE HOLDINGS LTD COMMON STOCK G66721104 2,356 55,400 SH   DFND 1,2 55,400 0 0
NOVO NORDISK A/S CL B ADR COMMON STOCK 670100205 441 12,300 SH   DFND 1,2 12,300 0 0
NUCOR CORP COMMON STOCK 670346105 877 14,740 SH   DFND 1,2 14,740 0 0
OCCIDENTAL PETROLEUM CORP COMMON STOCK 674599105 2,714 38,100 SH   DFND 1,2 38,100 0 0
ON SEMICONDUCTOR CORP COMMON STOCK 682189105 4,407 345,400 SH   DFND 1,2 345,400 0 0
OUTFRONT MEDIA INC (REIT) COMMON STOCK 69007J106 224 9,000 SH   DFND 1,2 9,000 0 0
PANERA BREAD CO CL A COMMON STOCK 69840W108 820 4,000 SH   DFND 1,2 4,000 0 0
PEPSICO INC COMMON STOCK 713448108 774 7,400 SH   DFND 1,2 7,400 0 0
PETROLEO BRASILEIRO ON ADR (PETROBRAS) COMMON STOCK 71654V408 37,013 3,661,033 SH   DFND 1,2 3,661,033 0 0
PETROLEO BRASILEIRO PN ADR (PETROBRAS) COMMON STOCK 71654V101 12,091 1,372,400 SH   DFND 1,2 1,372,400 0 0
PFIZER INC COMMON STOCK 717081103 831 25,600 SH   DFND 1,2 25,600 0 0
PHILIP MORRIS INTERNATIONAL COMMON STOCK 718172109 7,386 80,730 SH   DFND 1,2 80,730 0 0
POTASH CORP OF SASKATCHEWAN INC (USD) COMMON STOCK 73755L107 1,000 55,300 SH   DFND 1,2 55,300 0 0
PRAXAIR INC COMMON STOCK 74005P104 1,014 8,650 SH   DFND 1,2 8,650 0 0
PRICELINE GROUP INC (THE) COMMON STOCK 741503403 6,964 4,750 SH   DFND 1,2 4,750 0 0
PROCTER & GAMBLE CO COMMON STOCK 742718109 1,492 17,740 SH   DFND 1,2 17,740 0 0
ROYAL CARIBBEAN CRUISES LTD COMMON STOCK V7780T103 6,686 81,500 SH   DFND 1,2 81,500 0 0
ROYAL DUTCH SHELL PLC A ADR COMMON STOCK 780259206 4 80 SH   DFND 1,2 80 0 0
ROYAL DUTCH SHELL PLC B ADR COMMON STOCK 780259107 381 6,570 SH   DFND 1,2 6,570 0 0
RYANAIR HOLDINGS PLC ADR COMMON STOCK 783513203 2,698 32,400 SH   DFND 1,2 32,400 0 0
SCHLUMBERGER LTD COMMON STOCK 806857108 8,836 105,254 SH   DFND 1,2 105,254 0 0
SCRIPPS NETWORKS INTERACTIVE INC CL A COMMON STOCK 811065101 300 4,200 SH   DFND 1,2 4,200 0 0
SEADRILL LTD COMMON STOCK G7945E105 674 194,558 SH   DFND 1,2 194,558 0 0
SEADRILL LTD (USD) COMMON STOCK G7945E105 308 90,400 SH   DFND 1,2 90,400 0 0
SEMPRA ENERGY COMMON STOCK 816851109 2,345 23,300 SH   DFND 1,2 23,300 0 0
SOUTHERN CO COMMON STOCK 842587107 1,317 26,780 SH   DFND 1,2 26,780 0 0
ST JUDE MEDICAL COMMON STOCK 790849103 2,357 29,390 SH   DFND 1,2 29,390 0 0
STARBUCKS CORP COMMON STOCK 855244109 7,749 139,565 SH   DFND 1,2 139,565 0 0
TABLEAU SOFTWARE INC CL A COMMON STOCK 87336U105 1,205 28,600 SH   DFND 1,2 28,600 0 0
TAIWAN SEMICONDUCTOR MFG CO ADR COMMON STOCK 874039100 3,285 114,248 SH   DFND 1,2 114,248 0 0
TENARIS SA ADR COMMON STOCK 88031M109 8,058 225,646 SH   DFND 1,2 225,646 0 0
TEXAS INSTRUMENTS INC COMMON STOCK 882508104 1,226 16,800 SH   DFND 1,2 16,800 0 0
TRANSDIGM GROUP INC COMMON STOCK 893641100 5,803 23,310 SH   DFND 1,2 23,310 0 0
TRIMBLE INC COMMON STOCK 896239100 3,223 106,900 SH   DFND 1,2 106,900 0 0
UBS GROUP AG COMMON STOCK H42097107 2,263 144,174 SH   DFND 1,2 144,174 0 0
ULTRAGENYX PHARMACEUTICAL INC COMMON STOCK 90400D108 3,312 47,100 SH   DFND 1,2 47,100 0 0
UMPQUA HOLDINGS CORP COMMON STOCK 904214103 60 3,200 SH   DFND 1,2 3,200 0 0
UNILEVER NV (USD) COMMON STOCK 904784709 107 2,600 SH   DFND 1,2 2,600 0 0
UNION PACIFIC CORP COMMON STOCK 907818108 3,896 37,580 SH   DFND 1,2 37,580 0 0
UNITEDHEALTH GROUP INC COMMON STOCK 91324P102 891 5,570 SH   DFND 1,2 5,570 0 0
VALE SA PNA ADR COMMON STOCK 91912E204 42,491 6,166,996 SH   DFND 1,2 6,166,996 0 0
VERISIGN INC COMMON STOCK 92343E102 930 12,229 SH   DFND 1,2 12,229 0 0
VERIZON COMMUNICATIONS INC COMMON STOCK 92343V104 3,059 57,310 SH   DFND 1,2 57,310 0 0
VISA INC CL A COMMON STOCK 92826C839 12,312 157,800 SH   DFND 1,2 157,800 0 0
WALT DISNEY COMPANY (THE) COMMON STOCK 254687106 3,329 31,940 SH   DFND 1,2 31,940 0 0
WASTE CONNECTIONS INC (USD) COMMON STOCK 94106B101 1,273 16,200 SH   DFND 1,2 16,200 0 0
WEATHERFORD INTERNATIONAL PLC CV SR UNSEC 5.875PERCENT 07-01-21 CORP CONV BOND 947075AH0 1,365 1,255,000 PRN   DFND 1,2 1,255,000 0 0
WELLS FARGO & CO COMMON STOCK 949746101 4,468 81,080 SH   DFND 1,2 81,080 0 0
WHIRLPOOL CORP COMMON STOCK 963320106 1,345 7,400 SH   DFND 1,2 7,400 0 0
WYNN RESORTS LTD COMMON STOCK 983134107 2,829 32,700 SH   DFND 1,2 32,700 0 0
XILINX INC COMMON STOCK 983919101 3,338 55,300 SH   DFND 1,2 55,300 0 0
YANDEX NV A COMMON STOCK N97284108 6,464 321,125 SH   DFND 1,2 321,125 0 0
YPF SOCIEDAD ANONIMA D ADR COMMON STOCK 984245100 3,719 225,369 SH   DFND 1,2 225,369 0 0
YUM CHINA HOLDINGS INC COMMON STOCK 98850P109 13,851 530,300 SH   DFND 1,2 530,300 0 0
YUM! BRANDS INC COMMON STOCK 988498101 855 13,500 SH   DFND 1,2 13,500 0 0