0001140361-11-054976.txt : 20111125 0001140361-11-054976.hdr.sgml : 20111124 20111125072538 ACCESSION NUMBER: 0001140361-11-054976 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110930 FILED AS OF DATE: 20111125 DATE AS OF CHANGE: 20111125 EFFECTIVENESS DATE: 20111125 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NOMURA HOLDINGS INC CENTRAL INDEX KEY: 0001163653 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 000000000 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-10594 FILM NUMBER: 111226316 BUSINESS ADDRESS: STREET 1: 9-1 NIHONBASHI 1-CHOME STREET 2: CHUO-KU 103-8645 CITY: TOKYO JAPAN STATE: M0 ZIP: 00000 BUSINESS PHONE: 81 3-3211-1811 MAIL ADDRESS: STREET 1: ANTHONY.ARAM@NOMURA.COM CITY: TOKYO STATE: M0 ZIP: 00000 13F-HR 1 form13fhr.txt NONE THIS FILING LISTS SECURITIES HOLDINGS REPORTED ON THE FORM 13F FILED ON 11/9/2011 PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND FOR WHICH CONFIDENTIAL TREATMENT EXPIRED ON . UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: 9/30/2011 Check here if Amendment []; Amendment Number: ------- This Amendment (Check only one.): [] is a restatement. [] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Nomura Holdings Inc. Address: 1-9-1, Nihonbashi, Chuo-ku, Tokyo 103-8011, Japan Form 13F File Number: 001-15270 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this submission. Persons Signing this Report on Behalf of Reporting Manager: Name: Fernando Del Puerto Title: Executive Director Phone: 212 667 9857 Signature, Place, and Date of Signing: /s/ Fernando Del Puerto New York, NY 11/9/2011 --------------------------------- --------------------------------- ---------- [Signature] [City, State] [Date] Report Type (Check only one): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: 13F File Number Name 28-04983 Nomura Securities International, Inc. --------------- --------------------------------------------------------------- 28-04985 Nomura International plc --------------- --------------------------------------------------------------- 28-04979 Nomura Securities Company, Ltd --------------- --------------------------------------------------------------- 028-13982 Nomura Corporate Research & Asset Management Inc. --------------- --------------------------------------------------------------- 014-88809 Nomura Funds Research and Technologies America, Inc. --------------- --------------------------------------------------------------- Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 5 Form 13F Information Table Entry Total: 1,482 Form 13F Information Table Value Total: $ 6,979,067 -------------- (In Thousands) List of Other Included Managers: Provide a numbered list of the name(s) and 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. No. Form 13F File Number Name 1 28-04983 Nomura Securities International, Inc. ---- -------------------- ---------------------------------------------------- 2 28-04985 Nomura International plc ---- -------------------- ---------------------------------------------------- 3 28-04979 Nomura Securities Company, Ltd ---- -------------------- ---------------------------------------------------- 4 028-13982 Nomura Corporate Research & Asset Management Inc. ---- -------------------- ---------------------------------------------------- 5 014-88809 Nomura Funds Research and Technologies America, Inc ---- -------------------- ----------------------------------------------------

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ 3M CO COM USD0.01 CMN 88579Y101 359 5000 SH DEFINED 1 0 5000 0 3M CO COM USD0.01 CMN 88579Y101 1443 20103 SH DEFINED 2 0 20103 0 99 CENTS ONLY STORES COM CMN 65440K106 4438 240909 SH SOLE 1 240909 0 0 NPV A123 SYSTEM INC COM NPV CNV 03739TAA6 2165 34722.22 SH SOLE 1 34722.22 0 0 ABB LTD 'REG'CHF1.03 CMN 000375204 965 56527 SH SOLE 2 56527 0 0 ABBOTT LABORATORIES COM CMN 002824100 2480 48495 SH SOLE 2 48495 0 0 NPV ABERCROMBIE & FITCH CO CMN 002896207 502 8147 SH DEFINED 1 0 8147 0 CL'A'COM USD0.01 ABERCROMBIE & FITCH CO CMN 002896207 519 8431 SH DEFINED 2 0 8431 0 CL'A'COM USD0.01 ABERCROMBIE & FITCH CO CMN 002896207 104 1697 SH DEFINED 2 0 1697 0 CL'A'COM USD0.01 ABINGTON BANCORP INC COM CMN 00350L109 1631 226508 SH SOLE 1 226508 0 0 STK USD0.01 ACADIA PHARMACEUTICALS CMN 004225108 11 10000 SH SOLE 2 10000 0 0 INC COM USD0.001 ACCENTURE PLC CLS'A'COM CMN G1151C101 458 8697 SH SOLE 2 8697 0 0 USD0.0000225 ACCLAIM ENTMT INC COM PAR CMN 004325205 0 80 SH SOLE 1 80 0 0 $0.02 ACCURAY INC COM STK CMN 004397105 222 55462 SH SOLE 2 55462 0 0 USD0.001 ACCURIDE CORP NEW CMN 00439T206 3884.39552 758671 SH SOLE 4 647246 0 111425 ACE LTD CHF30.57 CMN H0023R105 627 10354 SH SOLE 2 10354 0 0 ACME PACKET INC COM STK CMN 004764106 30 708 SH DEFINED 1 0 708 0 USD0.001 ACME PACKET INC COM STK CMN 004764106 718 16855 SH DEFINED 2 0 16855 0 USD0.001 ACTIVISION BLIZZARD INC CMN 00507V109 4068 341836 SH SOLE 2 341836 0 0 COM USD0.000001 ACTUANT CORP CL'A' COM CNV 00508XAB0 2630 24164.13 SH SOLE 1 24164.13 0 0 USD0.20 ADOBE SYSTEMS INC COM CMN 00724F101 2417 100000 SH DEFINED 1 0 100000 0 USD0.0001 ADOBE SYSTEMS INC COM CMN 00724F101 361 14942 SH DEFINED 2 0 14942 0 USD0.0001 ADVANCED MARKETING CMN 00753T105 0 168 SH SOLE 1 168 0 0 SERVICES ADVANCED MICRO DEVICES CMN 007903107 1194 235121 SH DEFINED 1 0 235121 0 INC COM USD0.01 ADVANCED MICRO DEVICES CNV 007903AN7 3711 36810.73 SH SOLE 1 36810.73 0 0 INC COM USD0.01 ADVANCED MICRO DEVICES CMN 007903107 1865 367198 SH DEFINED 2 0 367198 0 INC COM USD0.01 ADVANCED OPTICS CMN 00754V109 0 38000 SH SOLE 1 38000 0 0 ELECTRONICS COM ADVANTA CORP-CLASS A CMN 007942105 0 22 SH SOLE 1 22 0 0 ADVANTAGE OIL & GAS LTD CMN 00765F101 0 4859 SH SOLE 2 4859 0 0 UNIT NPV AEGEAN MARINE PETROLEUM CMN Y0017S102 145 32189 SH SOLE 2 32189 0 0 NETWORK INC USD0.01 AES CORP/THE COM USD0.01 CMN 00130H105 235 24047 SH SOLE 2 24047 0 0 AETNA INC COM USD0.01 CMN 00817Y108 2005 55171 SH SOLE 2 55171 0 0 AFLAC INC COM USD0.10 CMN 001055102 14 400 SH DEFINED 1 0 400 0 AFLAC INC COM USD0.10 CMN 001055102 558 15967 SH DEFINED 2 0 15967 0 AFLAC INC COM USD0.10 CMN 001055102 5 150 SH DEFINED 3 0 150 0 AGILENT TECHNOLOGIES INC CMN 00846U101 661 21145 SH SOLE 2 21145 0 0 COM STK USD0.01

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ AGNICO-EAGLE MINES LTD CMN 008474108 834 14006 SH SOLE 2 14006 0 0 COM NPV AGRIUM INC COM NPV CMN 008916108 1626 24395 SH DEFINED 2 0 24395 0 AGRIUM INC COM NPV CMN 008916108 99 1491 SH DEFINED 2 0 1491 0 AIR PRODUCTS & CHEMICALS CMN 009158106 726 9510 SH SOLE 2 9510 0 0 INC COM USD1 AK STEEL HOLDING CORP COM CMN 001547108 1354 207019 SH SOLE 2 207019 0 0 USD0.01 AKAMAI TECHNOLOGIES INC CMN 00971T101 298 14988 SH SOLE 2 14988 0 0 COM USD0.01 AKORN INC COM STK NPV CNV 009728AA4 7695 68493.15 SH SOLE 1 68493.15 0 0 ALASKA COMMSS SYSTEMS CNV 01167PAB7 61908 620010.85 SH SOLE 1 620010.85 0 0 GROUP INC COM USD0.01 ALCATEL-LUCENT EUR2 CNV 549463AH0 14944 162879.47 SH SOLE 1 162879.47 0 0 ALCATEL-LUCENT EUR2 CMN 013904305 126 44569 SH SOLE 2 44569 0 0 ALCOA INC COM USD1 CNV 013817AT8 68267 415630.05 SH SOLE 1 415630.05 0 0 ALCOA INC COM USD1 CMN 013817101 403 42151 SH DEFINED 2 0 42151 0 ALCOA INC COM USD1 CMN 013817101 3933 410999 SH DEFINED 2 0 410999 0 ALLERGAN INC/UNITED CMN 018490102 301 3655 SH SOLE 2 3655 0 0 STATES USD0.01 ALLIANCE DATA SYSTEMS CNV 018581AC2 26809 131417.95 SH SOLE 1 131417.95 0 0 CORP COM USD0.01 ALLIANCE DATA SYSTEMS CNV 018581AD0 7243 57326.37 SH SOLE 1 57326.37 0 0 CORP COM USD0.01 ALLIED IRISH BANKS PLC CMN 019228808 151 322080 SH SOLE 2 322080 0 0 EUR0.01 ALLOS THERAPEUTICS INC CMN 019777101 98 53500 SH SOLE 1 53500 0 0 COM USD0.001 ALPHA NAT RES LLC COM CNV 576203AJ2 295 3346.58 SH SOLE 1 3346.58 0 0 USD0.01 ALPHA NAT RES LLC COM CMN 02076X102 447 25263 SH SOLE 2 25263 0 0 USD0.01 ALTERA CORP COM USD0.001 CMN 021441100 708 22445 SH SOLE 2 22445 0 0 ALTRIA GROUP INC COM CMN 02209S103 578 21551 SH SOLE 2 21551 0 0 USD0.333333 ALUMINA LTD NPV CMN 022205108 339 60000 SH SOLE 2 60000 0 0 AMAG PHARMACEUTICALS INC CMN 00163U106 258 17500 SH SOLE 1 17500 0 0 COM USD0.01 AMAZON.COM INC COM USD0.01 CMN 023135106 627 2901 SH SOLE 2 2901 0 0 AMBAC FINANCIAL GROUP INC CMN 023139108 1 11850 SH SOLE 2 11850 0 0 COM USD0.01 AMC NETWORKS INC 'A CMN 00164V103 1898 59400 SH DEFINED 1 0 59400 0 W/I'NPV AMC NETWORKS INC 'A CMN 00164V103 27 838 SH DEFINED 2 0 838 0 W/I'NPV AMEREN CORP COM USD0.01 CMN 023608102 540 18133 SH SOLE 2 18133 0 0 AMERICA MOVIL SAB DE CV CMN 02364W105 6906 312780 SH SOLE 2 312780 0 0 COM SER 'L' NPV (L/VTG) AMERICAN BRANDS INC CMN 024703100 0 200 SH SOLE 1 200 0 0 AMERICAN CAPITAL AGENCY CMN 02503X105 16 589 SH DEFINED 1 0 589 0 CORP COMMON STOCK USD(NPV) AMERICAN CAPITAL AGENCY CMN 02503X105 587 21668 SH DEFINED 2 0 21668 0 CORP COMMON STOCK USD(NPV) AMERICAN CAPITAL LTD COM CMN 02503Y103 95 13937 SH SOLE 2 13937 0 0 USD0.01 AMERICAN EAGLE OUTFITTERS CMN 02553E106 126 10726 SH SOLE 2 10726 0 0 INC COM USD0.01 AMERICAN ELECTRIC POWER CMN 025537101 1043 27435 SH SOLE 2 27435 0 0 CO INC COM USD6.50

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ AMERICAN EQUITY INVLIFE CNV 025676AJ6 15016 160000 SH SOLE 1 160000 0 0 HOLDING CO COM USD1 AMERICAN EXPRESS CO COM CMN 025816109 3424 76250 SH DEFINED 1 0 76250 0 USD0.20 AMERICAN EXPRESS CO COM CMN 025816109 1699 37840 SH DEFINED 2 0 37840 0 USD0.20 AMERICAN INTERNATIONAL CMN 026874784 638 29068 SH DEFINED 1 0 29068 0 GROUP INC COM USD2.50 AMERICAN INTERNATIONAL CMN 026874784 480 21888 SH DEFINED 2 0 21888 0 GROUP INC COM USD2.50 AMERICAN INTERNATIONAL CMN 026874784 1415 64457 SH DEFINED 2 0 64457 0 GROUP INC COM USD2.50 AMERICAN SUPERCONDUCTOR CMN 030111108 171 43591 SH SOLE 2 43591 0 0 CORP COM USD0.01 AMERICAN TOWER CORP CMN 029912201 304 5650 SH SOLE 2 5650 0 0 CL'A'COM USD0.01 AMERIGROUP CORP COM CMN 03073T102 682 17474 SH DEFINED 1 0 17474 0 USD0.01 AMERIGROUP CORP COM CNV 03073TAB8 25124 235466.44 SH SOLE 1 235466.44 0 0 USD0.01 AMERIGROUP CORP COM CMN 03073T102 71 1825 SH DEFINED 2 0 1825 0 USD0.01 AMERIPRISE FINANCIAL INC CMN 03076C106 523 13292 SH SOLE 2 13292 0 0 COM STK USD0.01 AMERISOURCEBERGEN CORP CMN 03073E105 331 8890 SH SOLE 2 8890 0 0 COM STK USD0.01 AMERON INTERNATIONAL CORP CMN 030710107 380 4473 SH DEFINED 1 0 4473 0 COM USD2.50 AMERON INTERNATIONAL CORP CMN 030710107 3 35 SH DEFINED 2 0 35 0 COM USD2.50 AMGEN INC COM USD0.0001 CNV 031162AQ3 2079 21162.55 SH SOLE 1 21162.55 0 0 AMGEN INC COM USD0.0001 CMN 031162100 406 7384 SH SOLE 2 7384 0 0 AMR CORP COM USD1 CMN 001765106 48 16300 SH SOLE 2 16300 0 0 AMR CORP COM USD1 CNV 001765BC9 597 10101.01 SH SOLE 2 10101.01 0 0 AMWEST ENVIRONMENTAL CMN 03234M103 0 8800 SH SOLE 1 8800 0 0 GROUP INC COM ANADARKO PETROLEUM CORP CMN 032511107 62 976 SH DEFINED 1 0 976 0 COM USD0.10 ANADARKO PETROLEUM CORP CMN 032511107 1018 16148 SH DEFINED 2 0 16148 0 COM USD0.10 ANALOG DEVICES INC COM CMN 032654105 32 1009 SH DEFINED 1 0 1009 0 USD0.16 2/3 ANALOG DEVICES INC COM CMN 032654105 526 16827 SH DEFINED 2 0 16827 0 USD0.16 2/3 ANESIVA INC COM STK CMN 03460L100 0 10000 SH SOLE 2 10000 0 0 USD0.001 ANGLOGOLD ASHANTI LTD CMN 035128206 251 6065 SH SOLE 2 6065 0 0 ZAR0.25 ANIXTER INTERNATIONAL INC CNV 035290AJ4 7220 71273.74 SH SOLE 1 71273.74 0 0 COM USD1 ANN INC COM USD0.0068 CMN 035623107 501 21956 SH DEFINED 1 0 21956 0 ANN INC COM USD0.0068 CMN 035623107 191 8379 SH DEFINED 2 0 8379 0 ANNALY CAPITAL MANAGEMENT CNV 035710AA0 21896 191988.65 SH SOLE 1 191988.65 0 0 INC COM USD0.01 ANNALY CAPITAL MANAGEMENT CMN 035710409 5914 355604 SH SOLE 2 355604 0 0 INC COM USD0.01 AON CORP COM USD1 CMN 037389103 427 10175 SH SOLE 2 10175 0 0 APAC TELESERVICES COM CMN 00185E106 1190 139678 SH SOLE 1 139678 0 0 USD0.01 APACHE CORP USD0.625 CMN 037411105 576 7173 SH SOLE 2 7173 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ APARTMENT INV& MANAGEMENT CMN 03748R101 230 10407 SH SOLE 2 10407 0 0 CO COM USD0.01 CL'A' APOLLO INVESTMENT CORP CNV 03761UAA4 6422 72727.27 SH SOLE 1 72727.27 0 0 COM USD0.001 APPLE INC COM NPV CMN 037833100 141 371 SH DEFINED 2 0 371 0 APPLE INC COM NPV CMN 037833100 24505 64264 SH DEFINED 2 0 64264 0 APPLIED MATERIALS INC COM CMN 038222105 423 40802 SH DEFINED 1 0 40802 0 USD0.01 APPLIED MATERIALS INC COM CMN 038222105 1821 175896 SH DEFINED 2 0 175896 0 USD0.01 APPLIED MATERIALS INC COM CMN 038222105 591 57082 SH DEFINED 2 0 57082 0 USD0.01 AQUAPRO CORP COM CMN 037940103 0 8425 SH SOLE 1 8425 0 0 ARADIGM CORP COM STK NPV CMN 038505301 67 443480 SH SOLE 2 443480 0 0 ARCELORMITTAL NY REGISTRY CMN 03938L104 762 47882 SH SOLE 2 47882 0 0 SHARES ARCH CHEMICALS INC USD0.01 CMN 03937R102 10027 213700 SH DEFINED 1 0 213700 0 ARCH CHEMICALS INC USD0.01 CMN 03937R102 21 439 SH DEFINED 2 0 439 0 ARCH COAL INC COM USD0.01 CMN 039380100 174 11955 SH SOLE 2 11955 0 0 ARCH WIRELESS INC COM CMN 039392105 0 57 SH SOLE 1 57 0 0 ARCHER-DANIELS-MIDLAND CO CMN 039483102 209 8437 SH DEFINED 1 0 8437 0 COM NPV ARCHER-DANIELS-MIDLAND CO CNV 039483AW2 5144 51721.19 SH SOLE 1 51721.19 0 0 COM NPV ARCHER-DANIELS-MIDLAND CO CMN 039483102 1338 53932 SH DEFINED 2 0 53932 0 COM NPV ARES CAPITAL CORP COM STK CMN 04010L103 154 11198 SH SOLE 2 11198 0 0 USD0.001 ARIAD PHARMACEUTICALS INC CMN 04033A100 840 95512 SH SOLE 2 95512 0 0 COM USD0.001 ARM HOLDINGS PLC ORD CMN 042068106 1418 55605 SH SOLE 2 55605 0 0 GBP0.0005 ARMITEC INC COM CMN 042242107 0 10 SH SOLE 1 10 0 0 ARROWHEAD RESEARCH CORP CMN 042797100 78 200001 SH SOLE 2 200001 0 0 COM STK USD0.001 ARUBA NETWORKS INC COM CMN 043176106 8 400 SH DEFINED 1 0 400 0 STK USD0.0001 ARUBA NETWORKS INC COM CMN 043176106 310 14815 SH DEFINED 2 0 14815 0 STK USD0.0001 ASPEN GROUP RES CORP COM CMN 045297207 0 71 SH SOLE 1 71 0 0 NEW ASTRAZENECA PLC ORD CMN 046353108 658 14827 SH SOLE 2 14827 0 0 USD0.25 AT HOME CORP COM SER A CMN 045919107 0 10 SH SOLE 1 10 0 0 (WORTHLESS) AT&T INC COM USD1 CMN 00206R102 547 19170 SH DEFINED 1 0 19170 0 AT&T INC COM USD1 CMN 00206R102 720 25228 SH DEFINED 2 0 25228 0 ATC HEALTHCARE INC CL A CMN 00209C102 0 700 SH SOLE 1 700 0 0 ATCHISON CASTING CORP COM CMN 046613105 0 100 SH SOLE 1 100 0 0 ATLANTIC GULF COMMUNITIES CMN 048556104 0 3 SH SOLE 1 3 0 0 CORP COM ATMEL CORP COM USD0.001 CMN 049513104 152 18817 SH SOLE 2 18817 0 0 ATP OIL & GAS CORP PRF100 CNV 00208J702 795 15000 SH SOLE 1 15000 0 0 144A ATRICURE INC COM USD0.001 CMN 04963C209 258 26449 SH SOLE 2 26449 0 0 ATX COMMUNICATIONS INC CMN 002113108 0 7 SH SOLE 1 7 0 0 COM AU OPTRONICS CORP TWD10 CMN 002255107 543 137000 SH SOLE 2 137000 0 0 AUTODESK INC COM USD0.01 CMN 052769106 527 18970 SH SOLE 2 18970 0 0 AUTOMATIC DATA PROCESSING CMN 053015103 1184 25113 SH SOLE 2 25113 0 0 INC COM USD0.10

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ AUTOZONE INC COM USD0.01 CMN 053332102 1983 6212 SH SOLE 1 6212 0 0 AVAGO TECHNOLOGIES LTD CMN Y0486S104 5172 157832 SH SOLE 2 157832 0 0 COM NPV AVALON CAP HLDGS CORP COM CMN 053422200 0 5 SH SOLE 1 5 0 0 NEW AVERY DENNISON CORP COM CMN 053611109 380 15134 SH SOLE 2 15134 0 0 USD1 AVI BIOPHARMA INC COM CMN 002346104 43 38600 SH SOLE 2 38600 0 0 USD0.0001 AVON PRODUCTS INC COM CMN 054303102 280 14283 SH SOLE 2 14283 0 0 USD0.25 BAIDU INC UNLISTED NPV CMN 056752108 1402 13112.3 SH DEFINED 2 0 13112.3 0 BAIDU INC UNLISTED NPV CMN 056752108 24 225 SH DEFINED 3 0 225 0 BAKER HUGHES INC COM USD1 CMN 057224107 414 8975 SH SOLE 2 8975 0 0 BANCO BRADESCO SA PRF NPV CMN 059460303 1234 83457 SH DEFINED 2 0 83457 0 BANCO BRADESCO SA PRF NPV CMN 059460303 263 17757 SH DEFINED 2 0 17757 0 BANCO MACRO SA CLASS 'B' CMN 05961W105 247 12350 SH SOLE 2 12350 0 0 ARS1 BANCO SANTANDER CHILE SA CMN 05965X109 15269 207800 SH SOLE 2 207800 0 0 COM NPV BANCO SANTANDER SA CMN 05964H105 443 55089 SH SOLE 2 55089 0 0 EUR0.50(REGD) BANCOLOMBIA SA CNV PFD CMN 05968L102 1840 33032 SH SOLE 2 33032 0 0 COP500 BANK OF AMERICA CORP COM CMN 060505104 12814 2093857 SH DEFINED 1 0 2093857 0 USD0.01 BANK OF AMERICA CORP COM CMN 060505104 16007 2615554 SH DEFINED 2 0 2615554 0 USD0.01 BANK OF AMERICA CORP COM CMN 060505104 11037 1803373 SH DEFINED 2 0 1803373 0 USD0.01 BANK OF AMERICA CORP COM CMN 060505104 25 4110 SH DEFINED 3 0 4110 0 USD0.01 BANK OF NEW YORK MELLON CMN 064058100 325 17465 SH SOLE 2 17465 0 0 CORP/THE COM STK USD0.01 BANK OF NOVA SCOTIA COM CMN 064149107 385 7672 SH SOLE 2 7672 0 0 NPV BARCLAYS PLC ORD GBP0.25 CMN 06738E204 993 101504 SH SOLE 2 101504 0 0 BARNES & NOBLE INC COM CMN 067774109 1933 163400 SH DEFINED 1 0 163400 0 USD0.001 BARNES & NOBLE INC COM CMN 067774109 94 7906 SH DEFINED 2 0 7906 0 USD0.001 BARRICK GOLD CORP COM NPV CMN 067901108 1380 29574 SH DEFINED 2 0 29574 0 BARRICK GOLD CORP COM NPV CMN 067901108 51 1100 SH DEFINED 3 0 1100 0 BEAZER HOMES USA INC COM CMN 07556Q105 99 65375 SH SOLE 2 65375 0 0 USD0.01 BECTON DICKINSON & CO COM CMN 075887109 214 2912 SH SOLE 2 2912 0 0 USD1 BED BATH & BEYOND INC COM CMN 075896100 434 7566 SH SOLE 2 7566 0 0 USD0.01 BERKSHIRE HATHAWAY INC CMN 084670108 0 1 SH SOLE 2 1 0 0 CLASS 'A'USD0.0033 BERKSHIRE HATHAWAY INC CMN 084670702 7 100 SH DEFINED 1 0 100 0 CLASS B NONVTG USD0.0033 BERKSHIRE HATHAWAY INC CMN 084670702 2689 37854 SH DEFINED 2 0 37854 0 CLASS B NONVTG USD0.0033 BEST BUY CO INC COM CMN 086516101 23 1000 SH DEFINED 1 0 1000 0 USD0.10 BEST BUY CO INC COM CNV 086516AF8 2878 28869.56 SH SOLE 1 28869.56 0 0 USD0.10 BEST BUY CO INC COM CMN 086516101 634 27214 SH DEFINED 2 0 27214 0 USD0.10

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ BHP BILLITON LTD NPV CMN 088606108 6458 97200 SH SOLE 2 97200 0 0 BHP BILLITON PLC USD0.50 CMN 05545E209 15327 288758 SH SOLE 2 288758 0 0 BIG LOTS INC COM USD0.01 CMN 089302103 48 1383 SH DEFINED 1 0 1383 0 BIG LOTS INC COM USD0.01 CMN 089302103 294 8438 SH DEFINED 2 0 8438 0 BILL BARRETT CORP COM CNV 06846NAA2 483 4824.34 SH SOLE 1 4824.34 0 0 USD0.001 BIODELIVERY SCIENCES INTL CMN 09060J106 11 10000 SH SOLE 2 10000 0 0 INC COM USD0.001 BIOGEN IDEC INC COM STK CMN 09062X103 308 3305 SH SOLE 2 3305 0 0 USD0.0005 BIOLASE TECHNOLOGY INC CMN 090911108 450 150000 SH SOLE 2 150000 0 0 COM USD0.001 BIOMARIN PHARMACEUTICALS CNV 09061GAC5 235 1206.63 SH SOLE 1 1206.63 0 0 INC COM USD0.001 BIOMARIN PHARMACEUTICALS CNV 09061GAD3 31467 189047.15 SH SOLE 1 189047.15 0 0 INC COM USD0.001 BIOMED REALTY TRUST INC CNV 09064AAB7 9837 90372.84 SH SOLE 1 90372.84 0 0 COM USD0.01 BJ'S WHOLESALE CLUB INC CMN 05548J106 10053 196200 SH DEFINED 1 0 196200 0 COM USD0.01 BJ'S WHOLESALE CLUB INC CMN 05548J106 72095 1407000 SH DEFINED 2 0 1407000 0 COM USD0.01 BLACKBOARD INC COM USD0.01 CMN 091935502 7682 172000 SH DEFINED 1 0 172000 0 BLACKBOARD INC COM USD0.01 CMN 091935502 104 2326 SH DEFINED 2 0 2326 0 BLACKROCK INC/NEW YORK CMN 09247X101 526 3554 SH DEFINED 1 0 3554 0 COM STK USD0.01 BLACKROCK INC/NEW YORK CMN 09247X101 59 397 SH DEFINED 2 0 397 0 COM STK USD0.01 BLACKSTONE GROUP LP/THE CMN 09253U108 168 14041 SH SOLE 2 14041 0 0 COMMON UNITS BMC SOFTWARE INC COM CMN 055921100 418 10829 SH SOLE 2 10829 0 0 USD0.01 BOEING CO COM USD5 CMN 097023105 2319 38323 SH SOLE 2 38323 0 0 BORGWARNER INC COM USD0.01 CNV 099724AF3 1263 6825.41 SH SOLE 1 6825.41 0 0 BOSTON PROPERTIES INC COM CNV 10112RAG9 1086 10007 SH SOLE 1 10007 0 0 USD0.01 BOSTON SCIENTIFIC CORP CMN 101137107 90 15313 SH SOLE 2 15313 0 0 COM USD0.01 BP PLC ORD USD0.25 CMN 055622104 12509 346806 SH SOLE 2 346806 0 0 BPZ RESOURCES INC COM NPV CNV 055639AB4 21010 254356.16 SH SOLE 1 254356.16 0 0 BREAKAWAY SOLUTIONS INC CMN 106372105 0 5600 SH SOLE 1 5600 0 0 COM BRISTOL-MYERS SQUIBB CO CMN 110122108 231 7354 SH SOLE 2 7354 0 0 COM STK USD0.10 BROADCOM CORP CL A COM CMN 111320107 742 22284 SH DEFINED 1 0 22284 0 USD0.0001 BROADCOM CORP CL A COM CMN 111320107 873 26232 SH DEFINED 2 0 26232 0 USD0.0001 BROCADE COMMUNICATIONS CMN 111621306 175 40428 SH SOLE 2 40428 0 0 SYSTEMS INC COM USD0.001 BROOKDALE SENIOR LIVING CNV 112463AA2 416 5524.29 SH SOLE 1 5524.29 0 0 INC COM STK USD0.01 BROOKFIELD OFFICE CMN 112900105 202 14636 SH SOLE 2 14636 0 0 PROPERTIES COM NPV BSK & TECH INC USD0.001 CNV 530718AF2 12289 113260.62 SH SOLE 1 113260.62 0 0 CABLEVISION SYS CP NY CMN 12686C109 515 32745 SH DEFINED 1 0 32745 0 GROUP CM CLASS'A'USD0.01 CABLEVISION SYS CP NY CMN 12686C109 143 9084 SH DEFINED 2 0 9084 0 GROUP CM CLASS'A'USD0.01 CABOT OIL & GAS CO COM CMN 127097103 206 3322 SH SOLE 2 3322 0 0 USD0.10

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ CADDO INTL INC COM CMN 127233104 0 63 SH SOLE 1 63 0 0 CADIZ LAND COM USD0.01 CMN 127537207 219 27739 SH SOLE 2 27739 0 0 CALENERGY CAP TST III CNV 12946N309 10215 209030 SH SOLE 1 209030 0 0 6.5% CNV PRF 1/9/2027 USD50 CALLAWAY GOLF CO COM CMN 131193104 278 53858 SH SOLE 2 53858 0 0 USD0.01 CALPINE CORP COM STK CMN 131347304 294 20882 SH SOLE 2 20882 0 0 USD0.001 CAMECO CORP COM NPV CMN 13321L108 451 24594 SH SOLE 2 24594 0 0 CAMERON INTERNATIONAL CMN 13342B105 225 5428 SH SOLE 2 5428 0 0 CORP COM USD0.01 CAMPBELL SOUP CO CAP CMN 134429109 219 6763 SH SOLE 2 6763 0 0 USD0.0375 CANADIAN NATURAL CMN 136385101 391 13346 SH SOLE 2 13346 0 0 RESOURCES LTD COM NPV CANADIAN SOLAR INC COM CMN 136635109 69 18794 SH SOLE 2 18794 0 0 STK NPV CAPITAL ONE FINANCIAL CMN 14040H105 666 16801 SH DEFINED 1 0 16801 0 CORP COM USD0.01 CAPITAL ONE FINANCIAL CMN 14040H105 2150 54255 SH DEFINED 2 0 54255 0 CORP COM USD0.01 CAPITALSOURCE INC COM CMN 14055X102 64 10481 SH SOLE 2 10481 0 0 USD0.01 CARDINAL HEALTH INC COM CMN 14149Y108 285 6800 SH SOLE 2 6800 0 0 NPV CAREFUSION CORP USD0.01 CMN 14170T101 386 16109 SH SOLE 2 16109 0 0 CARIBBEAN AMERN HLTH CMN 141798108 0 6 SH SOLE 1 6 0 0 RESORTS CARMAX INC COM USD0.50 CMN 143130102 298 12492 SH SOLE 2 12492 0 0 CARNIVAL CORP COM CMN 143658300 685 22619 SH SOLE 2 22619 0 0 USD0.01(PAIRED STOCK) CATERPILLAR INC COM USD1 CMN 149123101 295 4000 SH DEFINED 1 0 4000 0 CATERPILLAR INC COM USD1 CMN 149123101 757 10249 SH DEFINED 2 0 10249 0 CATERPILLAR INC COM USD1 CMN 149123101 3996 54116 SH DEFINED 2 0 54116 0 CATTLESALE COMPANY COM CMN 149479107 0 135 SH SOLE 1 135 0 0 CB RICHARD ELLIS GROUP CMN 12497T101 0 16837 SH SOLE 2 16837 0 0 INC CLASS 'A' USD0.01 CBL & ASSOCIATES CMN 124830100 171 15067 SH SOLE 2 15067 0 0 PROPERTIES INC COM USD0.01 CBS CORP CLASS'B' COM STK CMN 124857202 3996 196092 SH DEFINED 1 0 196092 0 USD0.001 CBS CORP CLASS'B' COM STK CNV 530715AR2 1593 20423.31 SH SOLE 1 20423.31 0 0 USD0.001 CBS CORP CLASS'B' COM STK CMN 124857202 284 13930 SH DEFINED 2 0 13930 0 USD0.001 CELANESE CORP COM SERIES CMN 150870103 895 27525 SH SOLE 2 27525 0 0 'A' USD0.0001 CELESTICA INC SUB ORD VTG CMN 15101Q108 97 13370 SH SOLE 2 13370 0 0 SHS NPV CELSION CORP COM STK CMN 15117N305 52 20750 SH SOLE 2 20750 0 0 USD0.01 CEMEX SAB DE CV CPO CMN 151290889 28888.57253 9141953.333 SH DEFINED 2 0 27425860 0 NPV(REP 2'A' & 1'B') CEMEX SAB DE CV CPO CMN 151290889 66.44426667 21026.66667 SH DEFINED 2 0 63080 0 NPV(REP 2'A' & 1'B') CENOVUS ENERGY INC COM NPV CMN 15135U109 695 22621 SH SOLE 2 22621 0 0 CENTER FINL CORP COM NPV CMN 15146E102 840 179200 SH SOLE 1 179200 0 0 CENTERPOINT ENERGY INC CMN 15189T107 600 30570 SH SOLE 2 30570 0 0 COM NPV

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ CENTRAIS ELETRICAS CMN 15234Q207 557 63475 SH SOLE 2 63475 0 0 BRASILEIRAS SA COM NPV CENTRAL EUROPEAN CNV 153435AA0 336 4942.99 SH SOLE 1 4942.99 0 0 DISTRIBUTION CORP COM USD0.01 CENTURA SOFTWARE CORP COM CMN 15640W103 0 3840 SH SOLE 1 3840 0 0 CENTURYLINK INC COM USD1 CMN 156700106 1202 36306 SH DEFINED 1 0 36306 0 CENTURYLINK INC COM USD1 CMN 156700106 1782 53797 SH DEFINED 2 0 53797 0 CENTURYLINK INC COM USD1 CMN 156700106 514 15527 SH DEFINED 2 0 15527 0 CEPHALON INC COM USD0.01 CMN 156708109 17301 214392 SH DEFINED 2 0 214392 0 CEPHALON INC COM USD0.01 CMN 156708109 77496 960296 SH DEFINED 2 0 960296 0 CF INDUSTRIES HOLDINGS CMN 125269100 22 182 SH DEFINED 1 0 182 0 INC COM USD0.01 CF INDUSTRIES HOLDINGS CMN 125269100 4512 36565 SH DEFINED 2 0 36565 0 INC COM USD0.01 CH ROBINSON WORLDWIDE INC CMN 12541W209 32 473 SH DEFINED 1 0 473 0 COM USD0.1 CH ROBINSON WORLDWIDE INC CMN 12541W209 171 2492 SH DEFINED 2 0 2492 0 COM USD0.1 CHARLES RIVER CMN 159864107 2043 71377 SH DEFINED 2 0 71377 0 LABORATORIES COM STK USD0.01 CHARLES RIVER CMN 159864107 15 526 SH DEFINED 2 0 526 0 LABORATORIES COM STK USD0.01 CHECK POINT SOFTWARE CMN M22465104 236 4474 SH SOLE 2 4474 0 0 TECHNOLOGIES ORD ILS0.01 CHEESECAKE FACTORY/THE CMN 163072101 214 8677 SH SOLE 2 8677 0 0 COM USD0.01 CHELSEA THERAPEUTICS CMN 163428105 46 12600 SH SOLE 2 12600 0 0 INTERNATIONAL INC COM STK NPV CHESAPEAKE ENERGY CORP CNV 165167BZ9 1772 18762.96 SH SOLE 1 18762.96 0 0 COM USD0.01 CHESAPEAKE ENERGY CORP CMN 165167107 2163 84639 SH SOLE 2 84639 0 0 COM USD0.01 CHESAPEAKE ENERGY CORP CNV 165167776 2800 2500 SH SOLE 1 2500 0 0 PRF1000 144A CHEVRON CORP COM USD0.75 CMN 166764100 11839 127867 SH SOLE 2 127867 0 0 CHIEF CONS MNG CO COM CMN 168628105 0 816 SH SOLE 1 816 0 0 CHINA AGRITECH INC USD0.1 CMN 16937A200 14 24025 SH SOLE 2 24025 0 0 CHINA FIRE & SECURITY CMN 16938R103 1024 116800 SH DEFINED 1 0 116800 0 GROUP INC COM STK USD0.001 CHINA FIRE & SECURITY CMN 16938R103 131 14950 SH DEFINED 2 0 14950 0 GROUP INC COM STK USD0.001 CHINA GERUI ADVANCED CMN G21101103 119 43158 SH SOLE 2 43158 0 0 MATERIALS COM STK USD0.0001 CHINA INFORMATION CMN 16950L109 12 12500 SH SOLE 2 12500 0 0 TECHNOLOGY INC COM USD0.01 CHINA INTEGRATED ENERGY CMN 16948P105 10 15900 SH SOLE 2 15900 0 0 INC COM NPV CHINA LIFE INSURANCE CO CMN 16939P106 3212 90465 SH SOLE 2 90465 0 0 LTD 'H'CNY1 CHINA MOBILE LTD SPON ADR CMN 16941M109 314 6444 SH SOLE 2 6444 0 0 REP 5 ORD HKD0.10 CHINA PETROLEUM & CMN 16941R108 387511 4045000 SH SOLE 2 4045000 0 0 CHEMICAL CORP 'H'CNY1

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ CHINA SUNERGY CO LTD COM CMN 16942X104 21 15000 SH SOLE 2 15000 0 0 NPV CHINA UNICOM (HK) LTD ADR CMN 16945R104 821 40243 SH SOLE 2 40243 0 0 EACH REP 10 ORD HKD0.10 CHIQUITA BRANDS CNV 170032AT3 1531 17553.62 SH SOLE 1 17553.62 0 0 INTERNATIONAL INC COM USD.01 CHIQUITA BRANDS CMN 170032809 142 17000 SH DEFINED 2 0 17000 0 INTERNATIONAL INC COM USD.01 CHIQUITA BRANDS CMN 170032809 5 635 SH DEFINED 2 0 635 0 INTERNATIONAL INC COM USD.01 CHUBB CORP COM USD1 CMN 171232101 6 100 SH DEFINED 1 0 100 0 CHUBB CORP COM USD1 CMN 171232101 708 11796 SH DEFINED 2 0 11796 0 CIA SIDERURGICA NACIONAL CMN 20440W105 1197 150803 SH DEFINED 2 0 150803 0 SA COM NPV CIA SIDERURGICA NACIONAL CMN 20440W105 391 49201 SH DEFINED 2 0 49201 0 SA COM NPV CIENA CORP COM STK USD0.01 CMN 171779309 802 71594 SH DEFINED 1 0 71594 0 CIENA CORP COM STK USD0.01 CNV 171779AB7 634 6653.93 SH SOLE 1 6653.93 0 0 CIENA CORP COM STK USD0.01 CNV 171779AF8 9716 102379.2 SH SOLE 1 102379.2 0 0 CIENA CORP COM STK USD0.01 CNV 171779AG6 880 9915.71 SH SOLE 1 9915.71 0 0 CIENA CORP COM STK USD0.01 CMN 171779309 302 26958 SH DEFINED 2 0 26958 0 CIGNA CORP USD0.25 CMN 125509109 536 12777 SH SOLE 2 12777 0 0 CIRCUIT CITY STORE CMN 172737108 0 1000 SH SOLE 2 1000 0 0 CIRCUIT CITY GP COM USD0.50 CIRRUS LOGIC INC COM CMN 172755100 1 100 SH DEFINED 1 0 100 0 USD0.001 CIRRUS LOGIC INC COM CMN 172755100 230 15615 SH DEFINED 2 0 15615 0 USD0.001 CISCO SYSTEMS INC COM CMN 17275R102 345 22265 SH DEFINED 2 0 22265 0 USD0.001 CISCO SYSTEMS INC COM CMN 17275R102 4667 301120 SH DEFINED 2 0 301120 0 USD0.001 CISCO SYSTEMS INC COM CMN 17275R102 99 6400 SH DEFINED 3 0 6400 0 USD0.001 CITADEL BROADCASTING CORP CMN 17285T106 0 1 SH SOLE 1 1 0 0 CITIGROUP INC PRF1000 CNV 172967416 1989 25100 SH SOLE 1 25100 0 0 CITIGROUP INC USD0.01 CMN 172967424 15 586 SH DEFINED 2 0 586 0 CITIGROUP INC USD0.01 CMN 172967424 23472 916335 SH DEFINED 2 0 916335 0 CITIGROUP INC USD0.01 CMN 172967424 370 14460 SH DEFINED 3 0 14460 0 CITRIX SYSTEMS INC COM CMN 177376100 478 8773 SH SOLE 2 8773 0 0 USD0.001 CLASSICA GROUP INC COM CMN 18273M202 0 3 SH SOLE 1 3 0 0 NEW CLEARWIRE CORP COM STK CNV 18538TAG4 38133 799435.02 SH SOLE 1 799435.02 0 0 USD0.0001 CLASS 'A' CLIFFS NATURAL RESOURCES CMN 18683K101 21 402 SH DEFINED 1 0 402 0 INC COM USD1 CLIFFS NATURAL RESOURCES CMN 18683K101 197 3845 SH DEFINED 2 0 3845 0 INC COM USD1 CLOROX CO COM USD1 CMN 189054109 65 978 SH DEFINED 1 0 978 0 CLOROX CO COM USD1 CMN 189054109 352 5303 SH DEFINED 2 0 5303 0 CMS ENERGY CORP COM CNV 125896BD1 65461 448978.16 SH SOLE 1 448978.16 0 0 USD0.01 CNO FINANCIAL GROUP INC CNV 12621EAF0 8699 71038.25 SH SOLE 1 71038.25 0 0 COM USD0.01 CNOOC LTD HKD0.02 CMN 126132109 4232 26400 SH SOLE 2 26400 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ COACH INC COM USD0.01 CMN 189754104 506 9760 SH DEFINED 1 0 9760 0 COACH INC COM USD0.01 CMN 189754104 1752 33808 SH DEFINED 2 0 33808 0 COCA-COLA CO/THE COM CMN 191216100 6989 103446 SH SOLE 2 103446 0 0 USD0.25 COCA-COLA ENTERPRISES INC CMN 19122T109 357 14353 SH SOLE 2 14353 0 0 COM USD1 COEUR D'ALENE MINES CORP CMN 192108504 876 40849 SH SOLE 2 40849 0 0 USD1 COGNIZANT TECH CMN 192446102 64 1025 SH DEFINED 1 0 1025 0 SOLUTIONS-A COM CL'A'USD0.01 COGNIZANT TECH CMN 192446102 492 7853 SH DEFINED 2 0 7853 0 SOLUTIONS-A COM CL'A'USD0.01 COINSTAR INC COM USD0.001 CNV 19259PAF9 6396 51749.81 SH SOLE 1 51749.81 0 0 COLD METAL PRODUCTS INC CMN 192861102 0 93 SH SOLE 1 93 0 0 COM USD0.01 COMCAST CORP 'A'SPL COM CMN 20030N200 222 10700 SH SOLE 2 10700 0 0 USD0.01 COMCAST CORP COM CLS'A' CMN 20030N101 537 25664 SH DEFINED 1 0 25664 0 USD0.01 COMCAST CORP COM CLS'A' CMN 20030N101 12501 597564 SH DEFINED 2 0 597564 0 USD0.01 COMERICA INC COM USD5 CMN 200340107 465 20261 SH SOLE 2 20261 0 0 COMMUNITY HEALTH SYSTEMS CMN 203668108 188 11296 SH SOLE 2 11296 0 0 INC COM USD0.01 COMPLETE GENOMICS INC COM CMN 20454K104 126 21412 SH SOLE 2 21412 0 0 NPV COMPLETE PRODUCTION CMN 20453E109 230 12221 SH SOLE 2 12221 0 0 SERVICES INC COM STK USD0.01 COMPUTER SCIENCES CORP CMN 205363104 315 11721 SH SOLE 2 11721 0 0 COM USD1 CONNECTICUT BK COMM CMN 207548108 0 414660 SH SOLE 1 414660 0 0 STAMFORD COM CONOCOPHILLIPS COM USD0.01 CMN 20825C104 547 8640 SH DEFINED 2 0 8640 0 CONOCOPHILLIPS COM USD0.01 CMN 20825C104 6113 96540 SH DEFINED 2 0 96540 0 CONSOL ENERGY INC COM CMN 20854P109 252 7439 SH SOLE 2 7439 0 0 USD0.01 CONSOLIDATED PICTURES CMN 209785104 0 3 SH SOLE 1 3 0 0 GROUP IN COM CONSOLIDATED EDISON INC CMN 209115104 745 13057 SH SOLE 2 13057 0 0 COM USD0.10 CONSTAR INTL INC NEW COM CMN 21036U107 0 82200 SH SOLE 1 82200 0 0 CONSTELLATION BRANDS INC CMN 21036P108 192 10690 SH SOLE 2 10690 0 0 CLASS'A'COM USD0.01 CONTINUCARE CORP COM CMN 212172100 7743 1213600 SH SOLE 1 1213600 0 0 USD0.0001 CONVERGYS CORP COM NPV CNV 212485AE6 10716 94416.97 SH SOLE 1 94416.97 0 0 CORE LABORATORIES NV CNV 21868FAB9 566 2884.89 SH SOLE 1 2884.89 0 0 EUR0.02 CORNING INC COM USD0.50 CMN 219350105 1545 125000 SH DEFINED 1 0 125000 0 CORNING INC COM USD0.50 CMN 219350105 865 70019 SH DEFINED 2 0 70019 0 CORNING INC COM USD0.50 CMN 219350105 337 27258 SH DEFINED 2 0 27258 0 COSTCO WHOLESALE CORP COM CMN 22160K105 485 5907 SH SOLE 2 5907 0 0 STK USD0.005 COVANTA HOLDING CORP COM CNV 22282EAC6 27421 252259.21 SH SOLE 1 252259.21 0 0 STK USD0.10 COVIDIEN PLC COM STK CMN G2554F113 345 7814 SH SOLE 2 7814 0 0 USD0.20

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ CREDIT SUISSE GROUP CMN 225401108 1484 56540 SH SOLE 2 56540 0 0 CHF0.04(REGD) CREE INC COM USD0.00125 CMN 225447101 514 19776 SH SOLE 2 19776 0 0 CROCS INC COM STK USD0.001 CMN 227046109 396 16736 SH SOLE 2 16736 0 0 CROWN CASTLE CNV 228227401 74787 1277100 SH SOLE 1 1277100 0 0 INTERNATIONAL CORP COM USD0.01 CROWN HOLDINGS INC COM CMN 228368106 3 100 SH DEFINED 1 0 100 0 USD5 CROWN HOLDINGS INC COM CMN 228368106 211 6883 SH DEFINED 2 0 6883 0 USD5 CSX CORP COM USD1 CMN 126408103 1353 72470 SH SOLE 2 72470 0 0 CTC MEDIA INC COM STK CMN 12642X106 595 66818 SH SOLE 2 66818 0 0 USD0.01 CTRIP.COM INTL LTD ADS EA CMN 22943F100 543 16892 SH SOLE 2 16892 0 0 REP 0.5 ORD USD0.01 CUBESMART COM USD0.01 CMN 229663109 89 10455 SH SOLE 2 10455 0 0 CUBIST PHARMACEUTICALS CNV 229678AC1 14253 113747.15 SH SOLE 1 113747.15 0 0 INC COM USD0.001 CUMMINS INC COM USD2.50 CMN 231021106 73 900 SH DEFINED 1 0 900 0 CUMMINS INC COM USD2.50 CMN 231021106 491 6008 SH DEFINED 2 0 6008 0 CURIS INC COM USD0.01 CMN 231269101 139 44000 SH SOLE 2 44000 0 0 CVR ENERGY INC COM STK CMN 12662P108 1664 78690 SH DEFINED 2 0 78690 0 USD0.01 CVR ENERGY INC COM STK CMN 12662P108 165 7809 SH DEFINED 2 0 7809 0 USD0.01 CVS CAREMARK CORP COM STK CMN 126650100 13347 397364 SH DEFINED 2 0 397364 0 USD0.01 CVS CAREMARK CORP COM STK CMN 126650100 558 16599 SH DEFINED 2 0 16599 0 USD0.01 CYPRESS SEMICONDUCTOR CMN 232806109 156 10410 SH SOLE 2 10410 0 0 CORP COM USD0.01 DANA HOLDING CORP COM STK CMN 235825205 126 11953 SH SOLE 2 11953 0 0 USD0.01 DANAHER CORP COM USD0.01 CMN 235851102 517 12329 SH DEFINED 1 0 12329 0 DANAHER CORP COM USD0.01 CNV 235851AF9 1480 12166.47 SH SOLE 1 12166.47 0 0 DANAHER CORP COM USD0.01 CMN 235851102 1013 24152 SH DEFINED 2 0 24152 0 DARDEN RESTAURANTS INC CMN 237194105 517 12101 SH SOLE 2 12101 0 0 COM NPV DATATEC SYS INC COM CMN 238128102 0 1500 SH SOLE 1 1500 0 0 DDR CORP COM NPV CNV 251591AX1 9914 108235.9 SH SOLE 1 108235.9 0 0 DDR CORP COM NPV CMN 23317H102 110 10110 SH SOLE 2 10110 0 0 DEAN FOODS CO COM USD0.01 CMN 242370104 136 15294 SH SOLE 2 15294 0 0 DEERE & CO COM USD1 CMN 244199105 908 14062 SH SOLE 2 14062 0 0 DELL INC COM USD0.01 CMN 24702R101 849 60019 SH SOLE 2 60019 0 0 DELTA AIR LINES INC COM CMN 247361702 571 76075 SH SOLE 2 76075 0 0 USD0.0001 DELTA AIR LINES INC DEL CMN 247361702 12.5325 1671 SH SOLE 4 1438 0 233 DENDREON CORP COM USD0.001 CMN 24823Q107 721 80078 SH SOLE 2 80078 0 0 DEUTSCHE BANK AG NPV(REGD) CMN D18190898 2521 72846 SH SOLE 2 72846 0 0 DEVON ENERGY CORP COM CMN 25179M103 1532 27629 SH SOLE 2 27629 0 0 USD0.10 DEX ONE CORP CMN 25212W100 171.12984 305589 SH SOLE 4 305589 0 0 DIAGEO PLC ORD CMN 25243Q205 554 7292 SH SOLE 2 7292 0 0 GBX28.935185 DIAMOND EQUITIES INC COM CMN 252592100 0 240 SH SOLE 1 240 0 0 DIAMONDS TST SERIES I CMN 78467X109 109 1000 SH DEFINED 1 0 1000 0 SER'1' UNITS OF BEN INT NPV DIAMONDS TST SERIES I CMN 78467X109 731 6710 SH DEFINED 2 0 6710 0 SER'1' UNITS OF BEN INT NPV

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ DIANA SHIPPING INC COM CMN Y2066G104 322 43400 SH SOLE 2 43400 0 0 STK USD0.01 DIGITAL RIVER INC COM STK CMN 25388B104 311 14980 SH DEFINED 1 0 14980 0 USD0.01 DIGITAL RIVER INC COM STK CMN 25388B104 225 10831 SH DEFINED 2 0 10831 0 USD0.01 DILLARD'S INC CLASS'A' CMN 254067101 9 200 SH DEFINED 1 0 200 0 COM USD0.01 DILLARD'S INC CLASS'A' CMN 254067101 206 4748 SH DEFINED 2 0 4748 0 COM USD0.01 DISCOVER FINANCIAL CMN 254709108 648 28265 SH DEFINED 1 0 28265 0 SERVICES COM STK USD0.01 DISCOVER FINANCIAL CMN 254709108 1235 53817 SH DEFINED 2 0 53817 0 SERVICES COM STK USD0.01 DISCOVERY COMMUNICATIONS CMN 25470F104 265 7033 SH SOLE 2 7033 0 0 INC COM USD0.01 CL 'A' DISH NETWORK CORP CMN 25470M109 601 23973 SH SOLE 2 23973 0 0 CLASS'A'COM USD0.01 DIVINE INC CL A NEW CMN 255402406 0 12 SH SOLE 1 12 0 0 DOLLAR GENERAL CORP CMN 256677105 229 6060 SH SOLE 2 6060 0 0 USD0.875 DOLLAR THRIFTY AUTOMOTIVE CMN 256743105 2483 44108 SH DEFINED 1 0 44108 0 GROUP COM USD0.01 DOLLAR THRIFTY AUTOMOTIVE CMN 256743105 89 1581 SH DEFINED 2 0 1581 0 GROUP COM USD0.01 DOLLAR TREE INC COM CMN 256746108 345 4590 SH SOLE 2 4590 0 0 USD0.01 DOMINION RESOURCES INC/VA CNV 25746UAT6 418 2881.77 SH SOLE 1 2881.77 0 0 COM STK NPV DOMINION RESOURCES INC/VA CMN 25746U109 472 9288 SH SOLE 2 9288 0 0 COM STK NPV DONLAR CORP NEW COM CMN 257791103 0 2 SH SOLE 1 2 0 0 DOVER CORP COM USD1 CMN 260003108 515 11042 SH DEFINED 1 0 11042 0 DOVER CORP COM USD1 CMN 260003108 52 1124 SH DEFINED 2 0 1124 0 DOW CHEMICAL CO/THE COM CMN 260543103 754 33562 SH DEFINED 1 0 33562 0 USD2.50 DOW CHEMICAL CO/THE COM CMN 260543103 2114 94111 SH DEFINED 2 0 94111 0 USD2.50 DOW CHEMICAL CO/THE COM CMN 260543103 1011 45008 SH DEFINED 2 0 45008 0 USD2.50 DOW CHEMICAL CO/THE COM CMN 260543103 4 170 SH DEFINED 3 0 170 0 USD2.50 DPL INC COM USD0.01 CMN 233293109 13474 447037 SH SOLE 2 447037 0 0 DRDGOLD LTD NPV CMN 26152H301 333 65600 SH SOLE 2 65600 0 0 DRESSER-RAND GROUP INC CMN 261608103 77 1900 SH DEFINED 1 0 1900 0 COM STK USD0.01 DRESSER-RAND GROUP INC CMN 261608103 133 3284 SH DEFINED 2 0 3284 0 COM STK USD0.01 DRKOOP COM INC COM CMN 262098106 0 435 SH SOLE 1 435 0 0 DRYSHIPS INC COM USD0.01 CMN Y2109Q101 376 160655 SH SOLE 2 160655 0 0 DTE ENERGY CO COM NPV CMN 233331107 255 5197 SH SOLE 2 5197 0 0 DU PONT EI DE NEMOURS & CMN 263534109 555 13890 SH DEFINED 2 0 13890 0 CO COM USD0.30 DU PONT EI DE NEMOURS & CMN 263534109 1850 46296 SH DEFINED 2 0 46296 0 CO COM USD0.30 E*TRADE FINANCIAL CORP CMN 269246401 691 75841 SH SOLE 2 75841 0 0 USD0.01 EASTMAN CHEMICAL CO COM CMN 277432100 28 403 SH DEFINED 1 0 403 0 USD0.01 EASTMAN CHEMICAL CO COM CMN 277432100 687 10025 SH DEFINED 2 0 10025 0 USD0.01

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ EASTMAN KODAK CO COM CNV 277461BJ7 9282 408906.88 SH DEFINED 1 0 408906.88 0 USD2.50 EASTMAN KODAK CO COM CMN 277461109 110 140714 SH SOLE 2 140714 0 0 USD2.50 EASTMAN KODAK CO COM CNV 277461BJ7 613 26990.55 SH DEFINED 2 0 26990.55 0 USD2.50 EATON CORP COM USD0.50 CMN 278058102 412 11608 SH SOLE 2 11608 0 0 EBAY INC COM USD0.001 CMN 278642103 1959 66433 SH SOLE 2 66433 0 0 ECOLAB INC COM USD1 CMN 278865100 378 7733 SH SOLE 2 7733 0 0 ECOPETROL SA NPV CMN 279158109 2425 60200 SH SOLE 2 60200 0 0 EDISON INTERNATIONAL COM CMN 281020107 275 7188 SH SOLE 2 7188 0 0 NPV EL PASO CORP COM USD3 CMN 28336L109 361 20651 SH SOLE 2 20651 0 0 ELECTRONIC ARTS INC COM CMN 285512109 75 3662 SH DEFINED 1 0 3662 0 USD0.01 ELECTRONIC ARTS INC COM CMN 285512109 383 18738 SH DEFINED 2 0 18738 0 USD0.01 ELECTRONIC SENSOR CMN 285835104 194 7750000 SH SOLE 1 7750000 0 0 TECHNOLOGY INC USD0.001 ELI LILLY & CO COM NPV CMN 532457108 268 7246 SH SOLE 2 7246 0 0 EMC CORP/MASSACHUSETTS CNV 268648AM4 298 2114.42 SH SOLE 1 2114.42 0 0 COM USD0.01 EMC CORP/MASSACHUSETTS CMN 268648102 1318 62796 SH SOLE 2 62796 0 0 COM USD0.01 EMDEON INC 'CLASS CMN 29084T104 1003 53400 SH DEFINED 1 0 53400 0 A'NON-VTG USD0.01 EMDEON INC 'CLASS CMN 29084T104 9 500 SH DEFINED 2 0 500 0 A'NON-VTG USD0.01 EMERSON ELECTRIC CO COM CMN 291011104 1028 24887 SH SOLE 2 24887 0 0 USD0.50 ENDEAVOR INTERNATIONAL CNV 29257MAD2 2127 27012.42 SH SOLE 1 27012.42 0 0 CORP COM USD0.001 ENDO PHARMACEUTICALS CNV 29264FAB2 17322 154109.58 SH SOLE 1 154109.58 0 0 HOLDINGS INC COM USD0.01 ENERGY CONVERSION DEVICES CMN 292659109 15 29025 SH SOLE 2 29025 0 0 INC COM USD0.01 ENI SPA EUR1 CMN 26874R108 237 6748 SH SOLE 2 6748 0 0 ENRON CORP COM CMN 293561106 0 1300 SH SOLE 1 1300 0 0 ENTERGY CORP COM USD0.01 CMN 29364G103 419 6317 SH SOLE 2 6317 0 0 ENTRADA NETWORKS INC COM CMN 29382Y102 0 1 SH SOLE 1 1 0 0 ENTROPIC COMMUNICATIONS CMN 29384R105 55 13350 SH SOLE 2 13350 0 0 INC COM STK USD0.001 ENVIRO ENERGY CORP CMN 29403E101 0 43 SH SOLE 1 43 0 0 ENVIRONMENTAL SOLUTIONS CMN 29408K102 2 15000 SH SOLE 2 15000 0 0 WORLDWIDE INC COM USD0.001 EOG RESOURCES INC COM CMN 26875P101 1493 21027 SH SOLE 2 21027 0 0 USD0.01 EPIQ SYSTEMS INC COM CMN 26882D109 194 15483 SH SOLE 2 15483 0 0 USD0.01 EQUINIX INC COM NPV CNV 29444UAF3 771 7613.79 SH SOLE 1 7613.79 0 0 EQUINIX INC COM NPV CNV 29444UAG1 1347 12849.4 SH SOLE 1 12849.4 0 0 EQUINIX INC COM NPV CNV 29444UAH9 7192 55883.87 SH SOLE 1 55883.87 0 0 EQUINIX INC COM NPV CMN 29444U502 12654 142450 SH DEFINED 2 0 142450 0 EQUINIX INC COM NPV CMN 29444U502 3 35 SH DEFINED 2 0 35 0 ESTEE LAUDER COS INC/THE CMN 518439104 1936 22037 SH SOLE 2 22037 0 0 CLASS'A'COM USD0.01 E-SYNC NETWORKS INC COM CMN 269156105 0 450 SH SOLE 1 450 0 0 EXCEL MARITIME CARRIERS CMN V3267N107 24 11514 SH SOLE 2 11514 0 0 LTD COM USD0.01

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ EXCELSIOR HENDERSON CMN 300906104 0 250 SH SOLE 1 250 0 0 MOTORCYCLE COM EXCO RESOURCES INC COM CMN 269279402 157 14621 SH SOLE 2 14621 0 0 STK USD0.001 EXELON CORP COM NPV CMN 30161N101 1402 32911 SH SOLE 2 32911 0 0 EXPEDIA INC COM STK CMN 30212P105 405 15740 SH SOLE 2 15740 0 0 USD0.001 EXPEDITORS INTL CMN 302130109 30 733 SH DEFINED 1 0 733 0 WASHINGTON INC COM USD0.01 EXPEDITORS INTL CMN 302130109 892 21997 SH DEFINED 2 0 21997 0 WASHINGTON INC COM USD0.01 EXPRESS SCRIPTS INC COM CMN 302182100 26 710 SH DEFINED 1 0 710 0 USD0.01 EXPRESS SCRIPTS INC COM CMN 302182100 485 13082 SH DEFINED 2 0 13082 0 USD0.01 EXTERRAN COM STK USD0.01 CNV 30225XAA1 2708 29805.61 SH SOLE 1 29805.61 0 0 EXTINCT AMARIN CORP PLC CMN 023111206 114 12360 SH SOLE 2 12360 0 0 ORD GBP0.50#DISABLED# EXTINCT BEARINGPOINT INC CNV 074002AA4 0 15238.09 SH SOLE 1 15238.09 0 0 USD0.01 EXXON MOBIL CORP COM NPV CMN 30231G102 5626 77464 SH DEFINED 2 0 77464 0 EXXON MOBIL CORP COM NPV CMN 30231G102 19994 275287 SH DEFINED 2 0 275287 0 F5 NETWORKS INC COM STK CMN 315616102 29 409 SH DEFINED 1 0 409 0 NPV F5 NETWORKS INC COM STK CMN 315616102 1672 23536 SH DEFINED 2 0 23536 0 NPV FAIRPOINT COMMUNICATIONS CMN 305560302 139.1308 32356 SH SOLE 4 32356 0 0 INC FAIRPOINT COMMUNICATIONS CMN 305560104 0 17 SH SOLE 2 17 0 0 INC COM STK USD0.01 FANNIE MAE COM NPV CMN 313586109 63 262250 SH SOLE 2 262250 0 0 FASTENAL CO COM USD0.01 CMN 311900104 33 996 SH DEFINED 1 0 996 0 FASTENAL CO COM USD0.01 CMN 311900104 412 12373 SH DEFINED 2 0 12373 0 FEDERAL MOGUL CORP CMN 313549404 907.40357 61602 SH SOLE 4 61602 0 0 FEDERATED INVESTORS INC CMN 314211103 33 1882 SH DEFINED 1 0 1882 0 CL'B' NPV FEDERATED INVESTORS INC CMN 314211103 211 12025 SH DEFINED 2 0 12025 0 CL'B' NPV FEDEX CORP COM USD0.10 CMN 31428X106 775 11455 SH SOLE 2 11455 0 0 FERRO CORP COM USD1 CMN 315405100 325 52900 SH SOLE 2 52900 0 0 FIDELITY NTL FIN INC CMN 31620R105 345 22700 SH DEFINED 1 0 22700 0 CLASS 'A' COM STK USD0.0001 FIDELITY NTL FIN INC CMN 31620R105 50 3294 SH DEFINED 2 0 3294 0 CLASS 'A' COM STK USD0.0001 FIFTH STREET FINANCE CORP CNV 31679BAA8 5697 67741.49 SH SOLE 1 67741.49 0 0 COMMON STOCK USD(NPV) FIFTH THIRD BANCORP COM CMN 316773100 508 50262 SH DEFINED 1 0 50262 0 NPV FIFTH THIRD BANCORP COM CMN 316773100 1302 128867 SH DEFINED 2 0 128867 0 NPV FIN SELECT SECTOR SPDR CMN 81369Y605 2265 191804 SH DEFINED 1 0 191804 0 AMEX FINANCIAL SELECT INDEX FIN SELECT SECTOR SPDR CMN 81369Y605 118 10000 SH DEFINED 2 0 10000 0 AMEX FINANCIAL SELECT INDEX

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ FIN SELECT SECTOR SPDR CMN 81369Y605 3491 295624 SH DEFINED 2 0 295624 0 AMEX FINANCIAL SELECT INDEX FINANCIAL BEAR 3X SHARES CMN 25459W144 765 11598 SH SOLE 2 11598 0 0 FINANCIAL BEAR 3X SHARES FINANCIAL BULL 3X SHARES CMN 25459W516 1244 117147 SH SOLE 2 117147 0 0 FINANCIAL BULL 3X SHARES FINET.COM INC COM USD0.01 CMN 317922409 0 41 SH SOLE 1 41 0 0 FINISAR CORP USD0.001 CMN 31787A507 273 15541 SH SOLE 2 15541 0 0 FIRST CAPITAL HOLDINGS CMN 319417101 0 350 SH SOLE 1 350 0 0 CORP. SYM FCHC FIRST FITNESS INC COM NEW CMN 320259203 0 2 SH SOLE 1 2 0 0 FIRST HORIZON NATIONAL CMN 320517105 2038 342009 SH SOLE 2 342009 0 0 CORP COM USD0.625 FIRST SOLAR INC COM STK CMN 336433107 1644 26002 SH SOLE 2 26002 0 0 USD0.001 FIRSTENERGY CORP COM CMN 337932107 495 11032 SH SOLE 2 11032 0 0 USD0.10 FISERV INC COM USD0.01 CMN 337738108 249 4908 SH SOLE 2 4908 0 0 FLEXTRONICS INTERNATIONAL CMN Y2573F102 61 10802 SH SOLE 2 10802 0 0 LTD ORD USD0.01 FLIR SYSTEMS INC COM CMN 302445101 208 8323 SH SOLE 2 8323 0 0 USD0.01 FLUOR CORP COM USD0.01 CMN 343412102 1211 26020 SH SOLE 2 26020 0 0 FOCUS MEDIA HOLDING LTD CMN 34415V109 5912 351165 SH DEFINED 2 0 351165 0 SP ADR RP 5 ORD USD0.00005 FOCUS MEDIA HOLDING LTD CMN 34415V109 324 19272 SH DEFINED 2 0 19272 0 SP ADR RP 5 ORD USD0.00005 FOODVISION.COM INC USD0.01 CMN 34484N103 0 800 SH SOLE 1 800 0 0 FOOT LOCKER INC COM CMN 344849104 405 20164 SH SOLE 2 20164 0 0 USD0.01 FORD MOTOR CO COM STK CMN 345370134 35 15839.78 SH DEFINED 1 0 15839.78 0 USD0.01 FORD MOTOR CO COM STK CMN 345370860 4322 446927 SH DEFINED 1 0 446927 0 USD0.01 FORD MOTOR CO COM STK CNV 345370CN8 12996 99354.83 SH SOLE 1 99354.83 0 0 USD0.01 FORD MOTOR CO COM STK CMN 345370134 2162 978260.86 SH DEFINED 2 0 978260.86 0 USD0.01 FORD MOTOR CO COM STK CMN 345370860 629 65047 SH DEFINED 2 0 65047 0 USD0.01 FORD MOTOR CO COM STK CMN 345370860 1355 140091 SH DEFINED 2 0 140091 0 USD0.01 FOREST CITY ENTS CNV 345550AM9 7512 71889.17 SH SOLE 1 71889.17 0 0 CLASS'A'COM USD0.33 1/3 FOREST CITY ENTS CNV 345550AN7 1608 19843.1 SH SOLE 1 19843.1 0 0 CLASS'A'COM USD0.33 1/3 FOREST CITY ENTS CMN 345550107 1666 156270 SH SOLE 2 156270 0 0 CLASS'A'COM USD0.33 1/3 FOREST OIL CORP COM STK CMN 346091705 1616 112200 SH DEFINED 1 0 112200 0 USD0.1 FOREST OIL CORP COM STK CMN 346091705 62 4301 SH DEFINED 2 0 4301 0 USD0.1 FORTRESS INVESTM CMN 34958B106 344779.6962 60487666 SH SOLE 1 60487666 0 0 FORTUNE BRANDS HOME & CMN 34964C106 7443 600223 SH SOLE 1 600223 0 0 SECURITY COM NPV FOSSIL INC COM USD0.01 CMN 349882100 28 345 SH DEFINED 1 0 345 0 FOSSIL INC COM USD0.01 CMN 349882100 557 6870 SH DEFINED 2 0 6870 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ FPIC INSURANCE GP USD0.1 CMN 302563101 1776 42452 SH SOLE 1 42452 0 0 FRANCE TELECOM SA EUR4 CMN 35177Q105 975 59534 SH SOLE 2 59534 0 0 FRANKLIN RESOURCES INC CMN 354613101 506 5287 SH DEFINED 1 0 5287 0 COM USD0.10 FRANKLIN RESOURCES INC CMN 354613101 189 1981 SH DEFINED 2 0 1981 0 COM USD0.10 FREDDIE MAC COM USD0.21 CMN 313400301 22 91693 SH SOLE 2 91693 0 0 FREEPORT-MCMORAN COPPER & CMN 35671D857 22 708 SH DEFINED 1 0 708 0 GOLD INC COM STK USD0.10 FREEPORT-MCMORAN COPPER & CMN 35671D857 796 26145 SH DEFINED 2 0 26145 0 GOLD INC COM STK USD0.10 FREEPORT-MCMORAN COPPER & CMN 35671D857 6903 226696 SH DEFINED 2 0 226696 0 GOLD INC COM STK USD0.10 FRONTLINE CAP GROUP COM CMN 35921N101 0 14 SH SOLE 1 14 0 0 GAFISA SA COM NPV CMN 362607301 596 103298 SH SOLE 2 103298 0 0 GANNETT CO INC COM USD1 CMN 364730101 236 24802 SH SOLE 2 24802 0 0 GAP INC/THE COM USD0.05 CMN 364760108 112 6918 SH DEFINED 1 0 6918 0 GAP INC/THE COM USD0.05 CMN 364760108 259 15938 SH DEFINED 2 0 15938 0 GARMIN LTD USD10 CMN H2906T109 259 8150 SH SOLE 2 8150 0 0 GAYLORD ENTERTAINMENT CO CNV 367905AE6 9525 94678.89 SH SOLE 1 94678.89 0 0 COM USD0.01 GAYLORD ENTERTAINMENT CO CMN 367905106 1793 92709 SH DEFINED 2 0 92709 0 COM USD0.01 GAYLORD ENTERTAINMENT CO CMN 367905106 1098 56768 SH DEFINED 2 0 56768 0 COM USD0.01 GENCORP INC COM USD0.10 CNV 368682AN0 43622 500249.95 SH SOLE 1 500249.95 0 0 GENERAL CABLE CORP COM CNV 369300AD0 4259 46701.32 SH SOLE 1 46701.32 0 0 USD0.01 GENERAL DYNAMICS CORP COM CMN 369550108 380 6679 SH SOLE 2 6679 0 0 USD1 GENERAL ELECTRIC CO COM CMN 369604103 795 52217 SH DEFINED 1 0 52217 0 USD0.06 GENERAL ELECTRIC CO COM CMN 369604103 998 65598 SH DEFINED 2 0 65598 0 USD0.06 GENERAL ELECTRIC CO COM CMN 369604103 6972 458058 SH DEFINED 2 0 458058 0 USD0.06 GENERAL GROWTH PROPERTIES CMN 370023103 209 17256 SH SOLE 2 17256 0 0 INC COM USD0.01 GENERAL MARITIME CORP NEW CMN Y2693R101 32.5 125000 SH SOLE 4 125000 0 0 GENERAL MILLS INC COM STK CMN 370334104 289 7514 SH SOLE 2 7514 0 0 USD0.10 GENERAL MOTORS CO 0.01 CMN 37045V100 8230 407813 SH DEFINED 1 0 407813 0 GENERAL MOTORS CO 0.01 CMN 37045V100 629 31163 SH DEFINED 2 0 31163 0 GENERAL MOTORS CO 0.01 CMN 37045V100 825 40863 SH DEFINED 2 0 40863 0 GENERAL MOTORS CO 0.01 CMN 37045V100 50 2500 SH DEFINED 3 0 2500 0 GENERAL MTRS CO CMN 37045V100 118.5575 5875 SH SOLE 4 1792 0 4083 GENERAL MTRS CO CVT 37045V118 62.12268 5337 SH SOLE 4 5337 0 0 GENERAL MTRS CO CVT 37045V126 42.32241 5337 SH SOLE 4 5337 0 0 GENESIS SOLAR CORP COM NPV CMN 37186R108 0 51 SH SOLE 1 51 0 0 GENETIC TECHNOLOGIES LTD CMN 37185R109 1023 231000 SH SOLE 2 231000 0 0 NPV GENWORTH FINANCIAL INC CMN 37247D106 144 25100 SH SOLE 2 25100 0 0 COM CL'A'USD0.001 GERDAU SA PRF NPV CMN 373737105 3324 466136 SH DEFINED 2 0 466136 0 GERDAU SA PRF NPV CMN 373737105 387 54308 SH DEFINED 2 0 54308 0 GERON CORP COM USD0.001 CMN 374163103 254 119701 SH SOLE 2 119701 0 0 GILEAD SCIENCES INC COM CNV 375558AN3 3651 33806.56 SH SOLE 1 33806.56 0 0 USD0.001 GILEAD SCIENCES INC COM CMN 375558103 19670 506949 SH DEFINED 2 0 506949 0 USD0.001

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ GILEAD SCIENCES INC COM CMN 375558103 1344 34633 SH DEFINED 2 0 34633 0 USD0.001 GLAXOSMITHKLINE PLC ORD CMN 37733W105 753 18228 SH SOLE 2 18228 0 0 GBP0.25 GLOBAL EAGLE ACQUISITION CMN 37951D110 0 26086.95 SH SOLE NPAL 26086.95 0 0 CORP COM NPV GLOBAL INDUSTRIES LTD COM CMN 379336100 87 10996 SH SOLE 2 10996 0 0 USD0.01 GLOBAL TELESYSTEMS INC CMN 37936U104 0 1039 SH SOLE 1 1039 0 0 COM GMX RESOURCES INC COM CMN 38011M108 89 39200 SH SOLE 2 39200 0 0 USD0.001 GO ONLINE NETWORKS CORP CMN 380185108 0 400 SH SOLE 1 400 0 0 COM GOLD FIELDS LTD ZAR0.50 CMN 38059T106 198 12947 SH SOLE 2 12947 0 0 GOLDCORP INC COM NPV CMN 380956409 1080 23654 SH SOLE 2 23654 0 0 GOODRICH CORP COM USD5 CMN 382388106 9563 79246 SH SOLE 2 79246 0 0 GOODRICH PETROLEUM CORP CNV 382410AC2 25014 279646.83 SH SOLE 1 279646.83 0 0 COM USD0.20 GOODYEAR TIRE & RUBBER CMN 382550101 317 31415 SH SOLE 2 31415 0 0 CO/THE COM NPV GOOGLE INC COM USD0.001 CMN 38259P508 5520 10717 SH DEFINED 2 0 10717 0 CL'A' GOOGLE INC COM USD0.001 CMN 38259P508 6522 12664 SH DEFINED 2 0 12664 0 CL'A' GRAPHICS TECHNOLOGIES INC CMN 388704108 0 5000 SH SOLE 1 5000 0 0 NPV GREAT PLAINS ENERGY INC CNV 391164803 3767 62500 SH SOLE 1 62500 0 0 PRF50 GREAT WESTN LD & REC INC CMN 39142A104 0 93 SH SOLE 1 93 0 0 COM GREEN MOUNTAIN COFFEE CMN 393122106 1707 18368 SH SOLE 2 18368 0 0 ROASTERS INC COM USD0.10 GREENBRIER COS INC COM CNV 393657AG6 6430 90942.54 SH SOLE 1 90942.54 0 0 USD0.001 GREENLAND CORP COM PAR CMN 39530P309 0 19 SH SOLE 1 19 0 0 $0.001 GREENLIGHT COMMUNICATIONS CMN 39536R200 0 400 SH SOLE 1 400 0 0 INC COM NEW GROUP 1 AUTOMOTIVE INC CNV 398905AF6 943 8510.28 SH SOLE 1 8510.28 0 0 COM USD0.01 GROUP LONG DISTANCE INC CMN 398901108 0 400 SH SOLE 1 400 0 0 COM GRUPO TELEVISA SA CPO'S CMN 40049J206 817 44405 SH SOLE 2 44405 0 0 25'A'22'B'35'D'35'L' GUESS-INC COM STK USD0.01 CMN 401617105 28 977 SH DEFINED 1 0 977 0 GUESS-INC COM STK USD0.01 CMN 401617105 463 16243 SH DEFINED 2 0 16243 0 GULF RESOURCES INC CMN 40251W309 23 10400 SH SOLE 2 10400 0 0 USD0.001 H QUOTIENT INC COM CMN 40426E101 0 209 SH SOLE 1 209 0 0 HALLIBURTON CO COM USD2.50 CMN 406216101 134 4405 SH DEFINED 2 0 4405 0 HALLIBURTON CO COM USD2.50 CMN 406216101 3220 105506 SH DEFINED 2 0 105506 0 HANSEN MEDICAL INC COM CMN 411307101 342 103067 SH SOLE 2 103067 0 0 STK USD0.0001 HANSEN NATURAL CORP COM CMN 411310105 34 391 SH DEFINED 1 0 391 0 USD0.005 HANSEN NATURAL CORP COM CMN 411310105 254 2912 SH DEFINED 2 0 2912 0 USD0.005 HANWHA SOLARONE CO LTD CMN 41135V103 36 14782 SH SOLE 2 14782 0 0 ADR EACH REPR 5 ORD SHS

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ HARBIN ELECTRIC INC COM CMN 41145W109 295 14300 SH DEFINED 1 0 14300 0 USD0.00001 HARBIN ELECTRIC INC COM CMN 41145W109 1 30 SH DEFINED 2 0 30 0 USD0.00001 HARLEY-DAVIDSON INC COM CMN 412822108 454 13221 SH SOLE 2 13221 0 0 USD0.01 HARMONY GOLD MINING CO CMN 413216300 746 63570 SH SOLE 2 63570 0 0 LTD ZAR0.50 HARRIS CORP COM STK USD1 CMN 413875105 24 700 SH DEFINED 1 0 700 0 HARRIS CORP COM STK USD1 CMN 413875105 180 5265 SH DEFINED 2 0 5265 0 HARTFORD FINANCIAL CMN 416515104 711 44081 SH SOLE 2 44081 0 0 SERVICES GROUP INC COM USD0.01 HASBRO INC COM USD0.50 CMN 418056107 471 14456 SH SOLE 2 14456 0 0 HCA HOLDINGS INC COM NPV CMN 40412C101 408 20236 SH SOLE 2 20236 0 0 HCP INC COM USD1 CMN 40414L109 305 8701 SH SOLE 2 8701 0 0 HDFC BANK LTD INR2 CMN 40415F101 4241 145500 SH SOLE 2 145500 0 0 HEADWATERS INC COM CMN 42210P102 30 20800 SH SOLE 2 20800 0 0 USD0.001 HEALTH CARE REIT INC 6.5% CNV 42217K601 6566 144902 SH SOLE 1 144902 0 0 CNV PREF 31/12/2049 HEALTH CARE REIT INC USD1 CNV 42217KAP1 16535 159222.81 SH SOLE 1 159222.81 0 0 HEALTH CARE REIT INC USD1 CNV 42217KAR7 2082 19761.53 SH SOLE 1 19761.53 0 0 HEALTH CARE REIT INC USD1 CMN 42217K106 211 4508 SH SOLE 2 4508 0 0 HECLA MINING CO COM CMN 422704106 513 95636 SH SOLE 2 95636 0 0 USD0.25 HEINZ (HJ) COM USD0.25 CMN 423074103 1226 24289 SH SOLE 2 24289 0 0 HELIX ENERGY SOLUTIONS CNV 127914AB5 1214 12323.51 SH SOLE 1 12323.51 0 0 GROUP INC COM NPV HELM CAP GROUP INC COM CMN 423418102 0 2091 SH SOLE 1 2091 0 0 HERBALIFE LTD COM USD0.002 CMN G4412G101 5228 97529 SH SOLE 2 97529 0 0 HERCULES TECHNOLOGY CNV 427096AA0 14037 168208.57 SH SOLE 1 168208.57 0 0 GROWTH CAP INC COM USD0.001 HERTZ GLOBAL HOLDINGS INC CNV 42805TAA3 16260 126093.51 SH SOLE 1 126093.51 0 0 COM STK USD0.01 HESS CORP COM USD1 CMN 42809H107 2081 39676 SH DEFINED 2 0 39676 0 HESS CORP COM USD1 CMN 42809H107 306 5841 SH DEFINED 2 0 5841 0 HEWLETT-PACKARD CO COM CMN 428236103 7020 312700 SH DEFINED 2 0 312700 0 USD0.01 HEWLETT-PACKARD CO COM CMN 428236103 3653 162725 SH DEFINED 2 0 162725 0 USD0.01 HICKS ACQUISITION CO II CMN 429090103 0 400000 SH SOLE NPAL 400000 0 0 INC COM NPV HOLIDAY RV SUPERSTORES CMN 434902201 0 200000 SH SOLE 1 200000 0 0 INC USD0.01 HOLLYFRONTIER CORP COM CMN 436106108 256 9778 SH SOLE 2 9778 0 0 USD0.01 HOLOGIC INC COM USD0.01 CNV 436440AA9 5035 53506.28 SH SOLE 1 53506.28 0 0 HOLOGIC INC COM USD0.01 CNV 436440AB7 255 2475.03 SH SOLE 1 2475.03 0 0 HOME DEPOT INC COM USD0.05 CMN 437076102 1179 35854 SH SOLE 2 35854 0 0 HOME PROPERTIES INC COM CNV 43730EAA4 1748 17481.08 SH SOLE 1 17481.08 0 0 USD0.01 HOME SOLUTIONS AMER INC CMN 437355100 0 300 SH SOLE 1 300 0 0 COM HONEYWELL INTERNATIONAL CMN 438516106 4329 98599 SH SOLE 2 98599 0 0 INC COM USD1 HORMEL FOODS CORP CMN 440452100 33 1207 SH DEFINED 1 0 1207 0 USD0.0293 HORMEL FOODS CORP CMN 440452100 207 7670 SH DEFINED 2 0 7670 0 USD0.0293

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ HOST HOTELS & RESORTS INC CNV 44107TAG1 7335 71010.11 SH SOLE 1 71010.11 0 0 COM STK USD0.01 HOST HOTELS & RESORTS INC CMN 44107P104 167 15253 SH SOLE 2 15253 0 0 COM STK USD0.01 HSBC HOLDINGS PLC ORD CMN 404280406 2180 57305 SH SOLE 2 57305 0 0 USD0.50(UK REG) HUGHES ELECTRONICS CMN 25490A101 2252 53276 SH DEFINED 2 0 53276 0 CORP/OLD COM USD0.01 HUGHES ELECTRONICS CMN 25490A101 1152 27246 SH DEFINED 2 0 27246 0 CORP/OLD COM USD0.01 HUMAN GENOME SCIENCES INC CMN 444903108 309 24355 SH SOLE 2 24355 0 0 COM USD0.01 HUMANA INC COM USD0.166 CMN 444859102 914 12569 SH SOLE 2 12569 0 0 HYUNDAI MOTOR CO KRW5000 CMN 449187509 0 0.5 SH SOLE 2 0.5 0 0 IAMGOLD CORP COM NPV CMN 450913108 588 29709 SH SOLE 2 29709 0 0 IBIZ TECHNOLOGY CORP COM CMN 45103B205 0 25 SH SOLE 1 25 0 0 NEW ICICI BANK LTD INR10 CMN 45104G104 366 10550 SH DEFINED 2 0 10550 0 ICICI BANK LTD INR10 CMN 45104G104 3822 110080 SH DEFINED 2 0 110080 0 ICONIX BRAND GROUP INC CMN 451055107 649 41073 SH DEFINED 1 0 41073 0 COM USD0.001 ICONIX BRAND GROUP INC CMN 451055107 13 794 SH DEFINED 2 0 794 0 COM USD0.001 IDEARC INC COM CMN 451663108 0 820 SH SOLE 1 820 0 0 IEMI USD0.001 CMN 44950Q100 0 17500 SH SOLE 1 17500 0 0 IEXALT INC USD0.001 CMN 451691208 0 3 SH SOLE 1 3 0 0 ILLINOIS TOOL WORKS INC CMN 452308109 1410 33903 SH DEFINED 2 0 33903 0 COM NPV ILLINOIS TOOL WORKS INC CMN 452308109 888 21353 SH DEFINED 2 0 21353 0 COM NPV IMAX CORP COM NPV CMN 45245E109 330 22795 SH SOLE 2 22795 0 0 INCYTE CORP COM USD0.001 CNV 45337CAJ1 50470 284738.04 SH SOLE 1 284738.04 0 0 INDEXIQ ETF TR IQ JAPAN CMN 45409B651 460 23010 SH SOLE 1 23010 0 0 MIDCP INDUSTRIAL SELECT SECT CMN 81369Y704 4228 144700 SH SOLE 2 144700 0 0 SPDR AMEX INDUSTRIAL SELECT INFORMATION HWY COM INC CMN 456723105 0 200 SH SOLE 1 200 0 0 COM INFORMATION SYSTEMS CMN 45676R108 2 30000 SH SOLE 2 30000 0 0 ASSOCIATES INC COM NPV INFOSYS LTD INR5 CMN 456788108 5512 107923 SH SOLE 2 107923 0 0 ING GROEP NV CVA EUR0.24 CMN 456837103 120 17035 SH SOLE 2 17035 0 0 INGRAM MICRO INC CMN 457153104 222 13760 SH SOLE 2 13760 0 0 CLASS'A'COM STK USD0.01 INLAND REAL ESTATE CORP CNV 457461AA9 12047 120708.8 SH SOLE 1 120708.8 0 0 NEW COM STK USD0.01 INNOVACOM INC COM NPV CMN 45765K105 0 5000 SH SOLE 1 5000 0 0 INTEGRA LIFESCI HL COM CNV 457985AH2 3877 39361.16 SH SOLE 1 39361.16 0 0 STK USD0.01 INTEGRATED HEALTH SVCS CMN 45812C106 0 19 SH SOLE 1 19 0 0 INC COM INTEL CORP COM USD0.001 CMN 458140100 606 28399 SH DEFINED 2 0 28399 0 INTEL CORP COM USD0.001 CMN 458140100 2747 128759 SH DEFINED 2 0 128759 0 INTERCLICK INC USD0.001 CMN 458483203 389 70100 SH SOLE 2 70100 0 0 INTERCONTINENTAL HOTELS CMN 45857P301 161 10000 SH SOLE 2 10000 0 0 GROUP PLC ORD GBP0.13617 INTERDIGITAL INC COM STK CNV 458660AA5 592 5550.73 SH SOLE 1 5550.73 0 0 USD0.01 INTERDIGITAL INC COM STK CMN 45867G101 330 7079 SH SOLE 2 7079 0 0 USD0.01

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ INTERGRATED COMM NETWORKS CMN 458111101 0 8 SH SOLE 1 8 0 0 INC COM INTERIORS INC CL A CMN 458688108 0 600 SH SOLE 1 600 0 0 INTERNATIONAL BUSINESS CMN 459200101 6452 36896 SH SOLE 2 36896 0 0 MACHINES CORP COM USD0.20 INTERNATIONAL GAME CMN 459902102 10 700 SH DEFINED 1 0 700 0 TECHNOLOGY USD0.00062 INTERNATIONAL GAME CMN 459902102 6826 469814 SH DEFINED 2 0 469814 0 TECHNOLOGY USD0.00062 INTERNATIONAL GAME CMN 459902102 166 11437 SH DEFINED 2 0 11437 0 TECHNOLOGY USD0.00062 INTERNATIONAL PAPER CO CMN 460146103 226 9741 SH SOLE 2 9741 0 0 COM USD1 INTERPUBLIC GROUP OF COS CMN 460690100 530 73595 SH DEFINED 1 0 73595 0 INC COM USD0.10 INTERPUBLIC GROUP OF COS CNV 460690BA7 30438 302113.82 SH SOLE 1 302113.82 0 0 INC COM USD0.10 INTERPUBLIC GROUP OF COS CMN 460690100 58 8069 SH DEFINED 2 0 8069 0 INC COM USD0.10 INTREPID POTASH INC CMN 46121Y102 388 15603 SH SOLE 2 15603 0 0 COMMON STOCK USD(NPV) INTUIT INC COM USD0.01 CMN 461202103 37 776 SH DEFINED 1 0 776 0 INTUIT INC COM USD0.01 CMN 461202103 759 16003 SH DEFINED 2 0 16003 0 INVESCO LTD COM STK CMN G491BT108 258 16611 SH SOLE 2 16611 0 0 USD0.20 INVESCO MORTGAGE CAPITAL CMN 46131B100 1476 104468 SH SOLE 2 104468 0 0 INC USD0.01 IPATH INVERSE S&P 500 VIX CMN 06740L592 595 20000 SH SOLE 2 20000 0 0 SHOR ETP NPV IPATH S&P 500 VIX CMN 06740C261 7196 134836 SH DEFINED 1 0 134836 0 SHORT-TERM FUTURES ETN ETP NPV IPATH S&P 500 VIX CMN 06740C261 32030 600150 SH DEFINED 2 0 600150 0 SHORT-TERM FUTURES ETN IPATH S&P 500 VIX S/T FU ETN IPATH S&P 500 VIX CMN 06740C261 1805 33820 SH DEFINED 2 0 33820 0 SHORT-TERM FUTURES ETN IPATH S&P 500 VIX S/T FU ETN IPG PHOTONICS CORP COM CMN 44980X109 25 575 SH DEFINED 1 0 575 0 USD0.0001 IPG PHOTONICS CORP COM CMN 44980X109 301 6927 SH DEFINED 2 0 6927 0 USD0.0001 ISHARES INC MSCI JAPAN CMN 464286848 21 2245 SH DEFINED 1 0 2245 0 MSCI JAPAN INDEX FUND ISHARES INC MSCI JAPAN CMN 464286848 84 8911 SH DEFINED 2 0 8911 0 MSCI JAPAN INDEX FUND ISHARES INC MSCI SOUTH CMN 464286772 4066 87302 SH DEFINED 1 0 87302 0 KOREA INDEX FUND ISHARES INC MSCI SOUTH CMN 464286772 5123 110000 SH DEFINED 2 0 110000 0 KOREA INDEX FUND ISHARES MSCI BRAZIL MSCI CMN 464286400 23615 454042 SH DEFINED 1 0 454042 0 BRAZIL INDEX FUND ISHARES MSCI BRAZIL MSCI CMN 464286400 53019 1019407 SH DEFINED 2 0 1019407 0 BRAZIL INDEX FUND ISHARES MSCI BRAZIL MSCI CMN 464286400 1337 25709 SH DEFINED 2 0 25709 0 BRAZIL INDEX FUND ISHARES MSCI EAFE INDEX CMN 464287465 588 12300 SH DEFINED 1 0 12300 0 FUND MSCI EAFE INDEX FUND

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ ISHARES MSCI EAFE INDEX CMN 464287465 1581 33098 SH DEFINED 2 0 33098 0 FUND MSCI EAFE INDEX FUND ISHARES RUSSELL 2000 CMN 464287655 31281 486484 SH DEFINED 1 0 486484 0 RUSSELL 2000 INDEX FUND ISHARES RUSSELL 2000 CMN 464287655 1522 23678 SH DEFINED 2 0 23678 0 RUSSELL 2000 INDEX FUND ISHARES RUSSELL 2000 CMN 464287655 772 12000 SH DEFINED 2 0 12000 0 RUSSELL 2000 INDEX FUND ISHARES SILVER TST ISHARES CMN 46428Q109 328 11332 SH SOLE 1 11332 0 0 ISHARES TR RUSL 2000 GROW CMN 464287648 687 9350 SH SOLE 1 9350 0 0 ISHARES TRUST GOLDMAN CMN 464287242 932 8300 SH SOLE 2 8300 0 0 SACHS CRP BD FD ISHARES TRUST LEHMAN 20 CMN 464287432 1661 13750 SH SOLE 2 13750 0 0 PLUS YR TREASURY ISHARES TRUST MSCI CMN 464287234 77416 2205905 SH DEFINED 1 0 2205905 0 EMERGING MARKETS INDEX ISHARES TRUST MSCI CMN 464287234 45674 1301450 SH DEFINED 2 0 1301450 0 EMERGING MARKETS INDEX ISHARES TRUST MSCI CMN 464287234 37200 1059969 SH DEFINED 2 0 1059969 0 EMERGING MARKETS INDEX ISTAR FINANCIAL INC CMN 45031U101 81 13900 SH DEFINED 1 0 13900 0 CLASS'A'SBI USD0.001 ISTAR FINANCIAL INC CMN 45031U101 1 229 SH DEFINED 2 0 229 0 CLASS'A'SBI USD0.001 ITAU UNIBANCO HOLDING SA CMN 465562106 2460 158535 SH DEFINED 2 0 158535 0 PRF NPV ITAU UNIBANCO HOLDING SA CMN 465562106 269 17312 SH DEFINED 2 0 17312 0 PRF NPV ITT CORP COM USD1 CMN 450911102 1210 28800 SH DEFINED 1 0 28800 0 ITT CORP COM USD1 CMN 450911102 351 8368 SH DEFINED 2 0 8368 0 IVANHOE MINES LTD/CA COM CMN 46579N103 1621 118319 SH SOLE 2 118319 0 0 NPV IXIA COM NPV CNV 45071RAA7 895 10293.36 SH SOLE 1 10293.36 0 0 JAB INTL INC COM CMN 466078102 0 381 SH SOLE 1 381 0 0 JABIL CIRCUIT INC COM CMN 466313103 297 16719 SH SOLE 2 16719 0 0 USD0.001 JACOBS ENGINEERING GROUP CMN 469814107 378 11692 SH SOLE 2 11692 0 0 INC COM USD1 JANUS CAPITAL GROUP INC CMN 47102X105 682 113735 SH SOLE 2 113735 0 0 COM USD0.01 JAZZ PHARMACEUTICALS INC CMN 472147107 238 5730 SH SOLE 2 5730 0 0 COM STK USD0.0001 JC PENNEY CO INC COM CMN 708160106 469 17507 SH SOLE 2 17507 0 0 USD0.50 JDS UNIPHASE CORP COM STK CMN 46612J507 683 68491 SH SOLE 2 68491 0 0 USD0.001 JOHNSON & JOHNSON COM USD1 CMN 478160104 6148 96523 SH SOLE 2 96523 0 0 JOHNSON CONTROLS INC COM CMN 478366107 893 33873 SH SOLE 2 33873 0 0 STK USD0.01388 JP MORGAN CHASE BANK NA CMN 46625H100 928 30799 SH DEFINED 1 0 30799 0 COM USD1 JPMORGAN CHASE & CO COM CMN 46625H100 3977 132035 SH DEFINED 2 0 132035 0 USD1 JPMORGAN CHASE & CO COM CMN 46625H100 4787 158935 SH DEFINED 2 0 158935 0 USD1 JPMORGAN CHASE & CO COM CMN 46625H100 0 10 SH DEFINED 3 0 10 0 USD1 JUNIPER NETWORKS INC COM CMN 48203R104 440 25508 SH SOLE 2 25508 0 0 USD0.00001 KAISER ALUMINUM CORP COM CMN 483007704 3699 83544 SH DEFINED 2 0 83544 0 USD0.01

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ KAISER ALUMINUM CORP COM CMN 483007704 22 500 SH DEFINED 2 0 500 0 USD0.01 KANDI TECHNOLGIES CORP CMN 483709101 25 11600 SH SOLE 2 11600 0 0 COM STK USD0.001 KB HOME COM STK USD1 CMN 48666K109 110 18711 SH SOLE 2 18711 0 0 KELLOGG CO COM USD0.25 CMN 487836108 202 3805 SH SOLE 2 3805 0 0 KERYX BIOPHARMACEUTICALS CMN 492515101 53 17700 SH SOLE 2 17700 0 0 INC COM USD0.001 KEYCORP COM USD1 CMN 493267108 89 15004 SH SOLE 2 15004 0 0 KILROY REALTY CORP COM CNV 49427RAA0 1131 11363.59 SH SOLE 1 11363.59 0 0 STK USD0.01 KILROY REALTY CORP COM CNV 49427RAC6 5079 47423.56 SH SOLE 1 47423.56 0 0 STK USD0.01 KIMBERLY-CLARK CORP COM CMN 494368103 1164 16394 SH SOLE 2 16394 0 0 USD1.25 KIMCO REALTY CORP COM CMN 49446R109 197 13104 SH SOLE 2 13104 0 0 USD0.01 KINETIC CONCEPTS INC COM CNV 49460WAF6 1517 10809.4 SH SOLE 1 10809.4 0 0 USD0.001 KINETIC CONCEPTS INC COM CMN 49460W208 4323 65602 SH SOLE 2 65602 0 0 USD0.001 KINROSS GOLD CORP COM NPV CMN 496902404 751 50799 SH SOLE 2 50799 0 0 KKR & CO LP LTD PART NPV CMN 48248M102 1641 157742 SH DEFINED 1 0 157742 0 KKR & CO LP LTD PART NPV CMN 48248M102 79 7598 SH DEFINED 2 0 7598 0 KLA-TENCOR CORP COM CMN 482480100 1266 33083 SH SOLE 2 33083 0 0 USD0.001 KNIGHT CAPITAL GROUP INC CMN 499005106 7405 609001 SH DEFINED 2 0 609001 0 CLASS 'A'COM USD0.01 KNIGHT CAPITAL GROUP INC CMN 499005106 9 700 SH DEFINED 2 0 700 0 CLASS 'A'COM USD0.01 KOHLBERG CAP CORP COM STK CNV 500233AA9 11509 126822.33 SH SOLE 1 126822.33 0 0 USD0.01 KOHL'S CORP COM USD0.01 CMN 500255104 69 1400 SH DEFINED 1 0 1400 0 KOHL'S CORP COM USD0.01 CMN 500255104 922 18774 SH DEFINED 2 0 18774 0 KRAFT FOODS INC COM STK CMN 50075N104 1844 54903 SH SOLE 2 54903 0 0 NPV CLS'A' KROGER CO/THE COM USD1 CMN 501044101 716 32626 SH SOLE 2 32626 0 0 KU6 MEDIA CO LTD COM NPV CMN 48274B103 79 42000 SH SOLE 2 42000 0 0 L 3 COMMUNICATIONS CNV 502413AW7 3598 38031.63 SH SOLE 1 38031.63 0 0 HOLDING COM USD0.01 LABOPHARM INC COM NPV CMN 504905100 53 200000 SH SOLE 2 200000 0 0 LAFAYETTE INDUSTRIES INC CMN 506377100 0 750 SH SOLE 1 750 0 0 COM LAM RESEARCH CORP COM CMN 512807108 106 2797 SH DEFINED 1 0 2797 0 USD0.001 LAM RESEARCH CORP COM CMN 512807108 969 25501 SH DEFINED 2 0 25501 0 USD0.001 LAS VEGAS SANDS CORP COM CMN 517834107 388 10126 SH DEFINED 2 0 10126 0 USD0.001 LAS VEGAS SANDS CORP COM CMN 517834107 6829 178105 SH DEFINED 2 0 178105 0 USD0.001 LASERSIGHT INC COM NEW CMN 517924304 0 1491 SH SOLE 1 1491 0 0 LAZARD LTD COM CLASS 'A' CMN G54050102 342 16231 SH SOLE 2 16231 0 0 USD0.01 LDK SOLAR CO LTD ADR EACH CMN 50183L107 115 36762 SH SOLE 2 36762 0 0 REPR 1 ORD USD0.10 LEAR CORP CMN 521865204 386.1 9000 SH SOLE 4 9000 0 0 LEGG MASON INC COM USD0.10 CMN 524901105 204 7929 SH SOLE 2 7929 0 0 LEHMAN BROTHERS HOLDINGS CMN 524908100 1 34804 SH SOLE 2 34804 0 0 INC USD0.1

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ LENDER PROCESSING CMN 52602E102 26 1890 SH DEFINED 1 0 1890 0 SERVICES INC NON-VTG NPV LENDER PROCESSING CMN 52602E102 129 9437 SH DEFINED 2 0 9437 0 SERVICES INC NON-VTG NPV LENNAR CORP COM CMN 526057104 271 19999 SH SOLE 2 19999 0 0 CL'A'USD0.10 LEVEL 3 COMMUNICATIONS CMN 52729N100 12 8300 SH DEFINED 1 0 8300 0 INC COM USD0.01 LEVEL 3 COMMUNICATIONS CNV 52729NBK5 74732 766483.51 SH SOLE 1 766483.51 0 0 INC COM USD0.01 LEVEL 3 COMMUNICATIONS CNV 52729NBQ2 33929 283333.33 SH SOLE 1 283333.33 0 0 INC COM USD0.01 LEVEL 3 COMMUNICATIONS CMN 52729N100 24 16000 SH DEFINED 2 0 16000 0 INC COM USD0.01 LEXINGTON REALTY TRUST CNV 529289AA8 7696 76962.54 SH SOLE 1 76962.54 0 0 COM USD0.0001 LEXMARK INTERNATIONAL INC CMN 529771107 269 9944 SH SOLE 2 9944 0 0 'A'COM USD0.01 LIBERTY INTERACTIVE CORP CMN 53071M104 4635 314000 SH DEFINED 1 0 314000 0 COM STK INTERCT SER A LIBERTY INTERACTIVE CORP CMN 53071M104 243 16435 SH DEFINED 2 0 16435 0 COM STK INTERCT SER A LIBERTY MEDIA CORP - CMN 530322106 2435 36824 SH DEFINED 1 0 36824 0 LIBERTY C COM STK CAP SER A LIBERTY MEDIA CORP - CMN 530322106 17 252 SH DEFINED 2 0 252 0 LIBERTY C COM STK CAP SER A LIBERTY MEDIA CORP - CMN 530322304 2332 36682 SH SOLE 1 36682 0 0 LIBERTY S NON-VTG NPV LIFEPOINT HOSPITALS INC CMN 53219L109 256 6991 SH DEFINED 1 0 6991 0 COM USD0.01 LIFEPOINT HOSPITALS INC CMN 53219L109 108 2938 SH DEFINED 2 0 2938 0 COM USD0.01 LIGHTNING ROD SOFTWARE CMN 532244100 0 20 SH SOLE 1 20 0 0 INC COM LIMELIGHT NETWORKS INC CMN 53261M104 76 32000 SH SOLE 2 32000 0 0 COM STK USD0.001 LINEAR TECHNOLOGY CORP CNV 535678AC0 5550 54844.27 SH SOLE 1 54844.27 0 0 COM USD0.001 LINEAR TECHNOLOGY CORP CMN 535678106 267 9670 SH SOLE 2 9670 0 0 COM USD0.001 LIVE NATION ENTERTAINMENT CNV 538034AB5 7446 85099.17 SH SOLE 1 85099.17 0 0 INC COM STK USD0.01 LIVE NATION ENTERTAINMENT CMN 538034109 92 11526 SH SOLE 2 11526 0 0 INC COM STK USD0.01 LIZ CLAIBORNE INC COM USD1 CNV 539320AA9 22022 139821.02 SH SOLE 1 139821.02 0 0 LLOYDS BANKING GROUP PLC CMN 539439109 1224 585452 SH SOLE 2 585452 0 0 GBP0.1 LOCKHEED MARTIN CORP COM CMN 539830109 340 4679 SH SOLE 2 4679 0 0 USD1 LOEWS CORP COM USD1 CMN 540424108 538 15582 SH SOLE 2 15582 0 0 LONE PINE RESOURCES INC CMN 54222A106 286 43400 SH SOLE 1 43400 0 0 COM NPV LOOPNET INC COM STK CMN 543524300 4748 277170 SH DEFINED 1 0 277170 0 USD0.001 LOOPNET INC COM STK CMN 543524300 30 1748 SH DEFINED 2 0 1748 0 USD0.001 LORILLARD INC USD0.01 CMN 544147101 33 299 SH DEFINED 1 0 299 0 LORILLARD INC USD0.01 CMN 544147101 737 6661 SH DEFINED 2 0 6661 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ LOWE'S COS INC COM USD0.50 CMN 548661107 868 44878 SH SOLE 2 44878 0 0 LSI CORP COM STK USD0.01 CMN 502161102 181 34862 SH SOLE 2 34862 0 0 LTD BRANDS INC COM USD0.50 CMN 532716107 2921 75858 SH SOLE 2 75858 0 0 LUBRIZOL CORP COM NPV CMN 549271104 0 7 SH SOLE 2 7 0 0 LYONDELLBASELL INDUSTRIES CMN N53745100 2949 120720 SH DEFINED 2 0 120720 0 AF SCA NPV LYONDELLBASELL INDUSTRIES CMN N53745100 143 5870 SH DEFINED 2 0 5870 0 AF SCA NPV LYONDELLBASELL INDUSTRIES CMN N53745100 4037.35066 165262 SH SOLE 4 107583 0 57679 N LYRIC INTL INC COM NEW CMN 552350209 0 5 SH SOLE 1 5 0 0 M&F WORLDWIDE CORP COM CMN 552541104 985 40000 SH DEFINED 1 0 40000 0 USD0.01 M&F WORLDWIDE CORP COM CMN 552541104 3 115 SH DEFINED 2 0 115 0 USD0.01 MACY'S INC COM STK USD0.01 CMN 55616P104 968 36784 SH SOLE 2 36784 0 0 MAGELLAN ENERGY LTD USD0.1 CMN 559071204 0 1 SH SOLE 1 1 0 0 MAGMA DESIGN AUTOMATION CMN 559181102 60 13104 SH SOLE 2 13104 0 0 INC COM USD0.0001 MAGNACHIP SEMICONDUCTOR CMN 55933J203 32.67264 4862 SH SOLE 4 3432 0 1430 CORP MANITOWOC CO INC/THE COM CMN 563571108 109 16233 SH SOLE 2 16233 0 0 STK USD0.01 MANNKIND CORP COM USD0.01 CMN 56400P201 237 62600 SH SOLE 2 62600 0 0 MANULIFE FINANCIAL CORP CMN 56501R106 137 12101 SH SOLE 2 12101 0 0 COM NPV MARATHON OIL CORP COM USD1 CMN 565849106 1619 75000 SH DEFINED 1 0 75000 0 MARATHON OIL CORP COM USD1 CMN 565849106 710 32916 SH DEFINED 2 0 32916 0 MARC PHARMACEUTICALS INC CMN 566137105 0 3735000 SH SOLE 1 3735000 0 0 COM MARCHFIRST INC COM CMN 566244109 0 600 SH SOLE 1 600 0 0 MAREX INC COM NEW CMN 566536306 0 520 SH SOLE 1 520 0 0 MARINA BIOTECH INC CMN 56804Q102 9 64000 SH SOLE 2 64000 0 0 USD0.006 MARKET VECTORS - GOLD CMN 57060U100 12808 232079 SH DEFINED 1 0 232079 0 MINERS ETF GOLD MINES MARKET VECTORS - GOLD CMN 57060U100 5519 100000 SH DEFINED 2 0 100000 0 MINERS ETF GOLD MINES MARKET VECTORS - GOLD CMN 57060U100 221 4000 SH DEFINED 2 0 4000 0 MINERS ETF GOLD MINES MARKET VECTORS ETF SBI CMN 57060U506 302 11921 SH DEFINED 2 0 11921 0 USD0.001 RUSSIA ETF TRU MARKET VECTORS ETF SBI CMN 57060U506 450 17800 SH DEFINED 2 0 17800 0 USD0.001 RUSSIA ETF TRU MARRIOTT INTL INC/DE COM CMN 571903202 726 26651 SH SOLE 2 26651 0 0 USD0.01 CLASS 'A' MARVELL TECHNOLOGY GROUP CMN G5876H105 734 50541 SH SOLE 2 50541 0 0 LTD COM USD0.002 MASTEC INC COM USD0.10 CNV 576323AM1 37037 279206.51 SH SOLE 1 279206.51 0 0 MASTERCARD INC COM CMN 57636Q104 32 101 SH DEFINED 1 0 101 0 USD0.0001 CLASS 'A' MASTERCARD INC COM CMN 57636Q104 959 3023 SH DEFINED 2 0 3023 0 USD0.0001 CLASS 'A' MASTERCARD INC COM CMN 57636Q104 786 2479 SH DEFINED 2 0 2479 0 USD0.0001 CLASS 'A' MATERIALS SELECT SECTOR CMN 81369Y100 1144 38961 SH SOLE 1 38961 0 0 SPDR SBI MATERIALS NPV MATTEL INC COM USD1 CMN 577081102 35 1341 SH DEFINED 1 0 1341 0 MATTEL INC COM USD1 CMN 577081102 302 11647 SH DEFINED 2 0 11647 0 MAXIM INTEGRATED PRODUCTS CMN 57772K101 392 16786 SH SOLE 2 16786 0 0 INC COM USD0.001

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ MBIA INC COM USD1 CMN 55262C100 386 53037 SH DEFINED 1 0 53037 0 MBIA INC COM USD1 CMN 55262C100 24 3281 SH DEFINED 2 0 3281 0 MCDERMOTT INTERNATIONAL CMN 580037109 818 76022 SH SOLE 2 76022 0 0 INC COM STK USD1 MCDONALD'S CORP COM CMN 580135101 8544 97292 SH SOLE 2 97292 0 0 USD0.01 MCGRAW-HILL COS INC/THE CMN 580645109 32 792 SH DEFINED 1 0 792 0 COM USD1 MCGRAW-HILL COS INC/THE CMN 580645109 468 11408 SH DEFINED 2 0 11408 0 COM USD1 MCKESSON CORP COM USD0.01 CMN 58155Q103 764 10503 SH SOLE 2 10503 0 0 MEAD JOHNSON NUTRITION CO CMN 582839106 108 1568 SH DEFINED 1 0 1568 0 COM USD0.01 MEAD JOHNSON NUTRITION CO CMN 582839106 507 7360 SH DEFINED 2 0 7360 0 COM USD0.01 MECHEL OAO CMN 583840103 4747 465835 SH SOLE 2 465835 0 0 MED/WASTE INC COM CMN 583921101 0 2000 SH SOLE 1 2000 0 0 MEDCO HEALTH SOLUTIONS CMN 58405U102 3567 76072 SH DEFINED 1 0 76072 0 INC COM USD0.01 MEDCO HEALTH SOLUTIONS CMN 58405U102 11332 241662 SH DEFINED 2 0 241662 0 INC COM USD0.01 MEDIVATION INC COM USD0.01 CMN 58501N101 3091 182030 SH SOLE 2 182030 0 0 MEDTRAK ELECTRONICS INC CMN 58505A105 0 100 SH SOLE 1 100 0 0 COM MEDTRONIC INC COM USD0.10 CMN 585055106 1952 58733 SH DEFINED 2 0 58733 0 MEDTRONIC INC COM USD0.10 CMN 585055106 452 13588 SH DEFINED 2 0 13588 0 MEGALITH CORP COM CMN 58515K101 0 50 SH SOLE 1 50 0 0 MELCO PBL ENTERTAI ADR CMN 585464100 141 16934 SH SOLE 2 16934 0 0 REPR 3 ORD SHS USD0.01 MEMC ELECTRONIC MATERIALS CMN 552715104 76 14536 SH SOLE 2 14536 0 0 COM USD0.01 MENTOR GRAPHICS CORP COM CNV 587200AJ5 8325 91528.72 SH SOLE 1 91528.72 0 0 NPV MERCK & CO INC CMN 58933Y105 162 4953 SH DEFINED 1 0 4953 0 MERCK & CO INC COM USD0.01 CMN 58933Y105 2187 66884 SH DEFINED 2 0 66884 0 MERCK & CO INC COM USD0.01 CMN 58933Y105 1145 35026 SH DEFINED 2 0 35026 0 METASOURCE GROUP INC COM CMN 59139R209 0 3740 SH SOLE 1 3740 0 0 NEW METAWAVE COMMUNICATIONS CMN 591409107 0 37500 SH SOLE 1 37500 0 0 CP METLIFE INC COM USD0.01 CMN 59156R108 2924 104385 SH DEFINED 1 0 104385 0 METLIFE INC COM USD0.01 CMN 59156R108 793 28309 SH DEFINED 2 0 28309 0 METROPCS COMMUNICATIONS CMN 591708102 610 70100 SH DEFINED 1 0 70100 0 INC COM STK USD0.0001 METROPCS COMMUNICATIONS CMN 591708102 66 7586 SH DEFINED 2 0 7586 0 INC COM STK USD0.0001 MF GLOBAL HOLDINGS LTD CNV 55277JAA6 17582 224397.29 SH SOLE 1 224397.29 0 0 COM STK USD1 MGIC INVESTMENT CORP COM CNV 552848AB9 856 18518.51 SH SOLE 1 18518.51 0 0 USD1 MGIC INVESTMENT CORP COM CMN 552848103 22 12000 SH SOLE 2 12000 0 0 USD1 MGM RESORTS INTERNATIONAL CNV 55303QAE0 8105 92103.13 SH SOLE 1 92103.13 0 0 COM STK USD0.01 MGM RESORTS INTERNATIONAL CMN 552953101 40 4266 SH DEFINED 2 0 4266 0 COM STK USD0.01 MGM RESORTS INTERNATIONAL CMN 552953101 1421 152975 SH DEFINED 2 0 152975 0 COM STK USD0.01 MICROCHIP TECHNOLOGY INC CNV 595017AB0 26549 230764.02 SH SOLE 1 230764.02 0 0 COM USD0.001

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ MICROCHIP TECHNOLOGY INC CMN 595017104 439 14124 SH SOLE 2 14124 0 0 COM USD0.001 MICRON TECHNOLOGY INC COM CNV 595112AH6 6203 66198.17 SH SOLE 1 66198.17 0 0 USD0.10 MICRON TECHNOLOGY INC COM CNV 595112AJ2 21041 169685.03 SH SOLE 1 169685.03 0 0 USD0.10 MICRON TECHNOLOGY INC COM CNV 595112AK9 225 2752.29 SH SOLE 1 2752.29 0 0 USD0.10 MICRON TECHNOLOGY INC COM CNV 595112AL7 16200 210526.31 SH SOLE 1 210526.31 0 0 USD0.10 MICRON TECHNOLOGY INC COM CMN 595112103 1404 278495 SH SOLE 2 278495 0 0 USD0.10 MICROSOFT CORP COM CMN 594918104 1962 78820 SH DEFINED 1 0 78820 0 USD0.0000125 MICROSOFT CORP COM CMN 594918104 7117 285924 SH DEFINED 2 0 285924 0 USD0.0000125 MICROVISION INC WA COM CMN 594960106 11 15900 SH SOLE 2 15900 0 0 STK USD0.01 MINERALS MINING CORP DEL CMN 603156100 0 6 SH SOLE 1 6 0 0 COM MIRACOR DIAGNOSTICS INC CMN 60461S104 0 25 SH SOLE 1 25 0 0 COM MOBILE TELESYSTEMS OJSC CMN 607409109 14752 1199366 SH SOLE 2 1199366 0 0 MOLYCORP INC COM NPV CMN 608753109 819 24911 SH SOLE 2 24911 0 0 MONARCH CAP CORP DEL COM CMN 609023106 0 100 SH SOLE 1 100 0 0 SYM MONP MONSANTO CO COM STK CMN 61166W101 705 11748 SH DEFINED 2 0 11748 0 USD0.01 MONSANTO CO COM STK CMN 61166W101 920 15331 SH DEFINED 2 0 15331 0 USD0.01 MONSTER WORLDWIDE INC COM CMN 611742107 161 22452 SH SOLE 2 22452 0 0 USD0.001 MOODY'S CORP COM USD0.01 CMN 615369105 33 1081 SH DEFINED 1 0 1081 0 MOODY'S CORP COM USD0.01 CMN 615369105 433 14232 SH DEFINED 2 0 14232 0 MORGAN STANLEY COM STK CMN 617446448 3754 277900 SH DEFINED 1 0 277900 0 USD0.01 MORGAN STANLEY COM STK CMN 617446448 319 23622 SH DEFINED 2 0 23622 0 USD0.01 MORGAN STANLEY COM STK CMN 617446448 2987 221071 SH DEFINED 2 0 221071 0 USD0.01 MORGANS HOTEL GROUP CO CNV 61748WAB4 10747 143294.39 SH SOLE 1 143294.39 0 0 COM STK NPV MOSAIC CO/THE COM STK CMN 61945C103 10773 220000 SH DEFINED 1 0 220000 0 USD0.01 MOSAIC CO/THE COM STK CMN 61945C103 6606 134907 SH DEFINED 2 0 134907 0 USD0.01 MOTOROLA MOBILITY CMN 620097105 9592 253900 SH DEFINED 1 0 253900 0 HOLDINGS INC COM NPV MOTOROLA MOBILITY CMN 620097105 20036 530325 SH DEFINED 2 0 530325 0 HOLDINGS INC COM NPV MOTOROLA SOLUTIONS INC CNV 530715AN1 15920 297567.37 SH SOLE 1 297567.37 0 0 USD0.01 MOTOROLA SOLUTIONS INC CMN 620076307 563 13433 SH SOLE 2 13433 0 0 USD0.01 MOVADO GROUP INC COM CMN 624580106 122 10000 SH SOLE 2 10000 0 0 USD0.01 MPTV INC COM NEW CMN 553424409 0 3670 SH SOLE 1 3670 0 0 MULTI SOLUTIONS INC COM CMN 625430103 0 1500 SH SOLE 1 1500 0 0 MURPHY OIL CORP COM USD1 CMN 626717102 231 5232 SH SOLE 2 5232 0 0 MYLAN INC COM USD0.50 CNV 628530AG2 31601 316170.22 SH SOLE 1 316170.22 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ MYLAN INC COM USD0.50 CNV 628530AJ6 113011 777777.77 SH SOLE 1 777777.77 0 0 MYREXIS INC NON-VTG CMN 62856H107 61 22156 SH SOLE 2 22156 0 0 USD0.01 MYTURN COM COM CMN 628690109 0 500 SH SOLE 1 500 0 0 NABORS INDUSTRIES LTD COM CMN G6359F103 129 10505 SH SOLE 2 10505 0 0 USD0.001 NALCO HLDG CO COM USD0.01 CMN 62985Q101 9748 278664 SH DEFINED 1 0 278664 0 NALCO HLDG CO COM USD0.01 CMN 62985Q101 99307 2838970 SH DEFINED 2 0 2838970 0 NANOSPHERE INC COM STK CMN 63009F105 100 100000 SH DEFINED 1 0 100000 0 USD0.01 NANOSPHERE INC COM STK CMN 63009F105 3 2500 SH DEFINED 2 0 2500 0 USD0.01 NASDAQ 100 INDEX TRACK CMN 73935A104 1317 25094 SH SOLE 2 25094 0 0 STCK UNITS SERIES'1' NASDAQ OMX GROUP INC/THE CMN 631103108 303 13075 SH SOLE 2 13075 0 0 COM USD0.01 NASH FINCH CO COM USD1.66 CNV 631158AD4 4075 92919.07 SH SOLE 1 92919.07 0 0 2/3 NATIONAL MICRONETICS INC CMN 636904104 0 114 SH SOLE 1 114 0 0 COM NATIONAL BANK OF GREECE CMN 633643408 52 66276.2 SH SOLE 2 66276.2 0 0 SA EUR5.00(REGD) NATIONAL OILWELL VARCO CMN 637071101 472 9213 SH SOLE 2 9213 0 0 INC COM USD0.01 NATIONAL RETAIL CNV 637417AA4 16949 149861.1 SH SOLE 1 149861.1 0 0 PROPERTIES INC COM USD0.01 NATIONAL RETAIL CNV 637417AC0 681 5908.97 SH SOLE 1 5908.97 0 0 PROPERTIES INC COM USD0.01 NAVIOS MARITIME HOLDINGS CMN Y62196103 85 26895 SH SOLE 2 26895 0 0 INC USD0.0001 NAVISTAR INTERNATIONAL CNV 63934EAL2 3885 39065.91 SH SOLE 1 39065.91 0 0 CORP COM USD0.10 NBI INC COM NEW CMN 628735201 0 15 SH SOLE 1 15 0 0 NEENAH PAPER INC CMN 64007R109 1282.545 256509 SH SOLE 4 232799 0 23710 NEKTAR THERAPEUTICS COM CMN 640268108 104 21400 SH SOLE 2 21400 0 0 USD0.0001 NESS TECHNOLOGIES INC COM CMN 64104X108 2496 325900 SH SOLE 1 325900 0 0 USD0.01 NET SERVICOS DE CMN 64109T201 169 21890 SH SOLE 2 21890 0 0 COMUNICACAO SA PRF NPV NETAPP INC COM USD0.001 CMN 64110D104 820 24155 SH SOLE 2 24155 0 0 NETFLIX INC COM CMN 64110L106 1783 15742 SH SOLE 1 15742 0 0 NETLOGIC MICROSYSTEMS INC CMN 64118B100 1001 20800 SH DEFINED 1 0 20800 0 COM USD0.01 NETLOGIC MICROSYSTEMS INC CMN 64118B100 10330 214676 SH DEFINED 2 0 214676 0 COM USD0.01 NETWORK CN INC USD0.001 CMN 64125G100 0 41000 SH SOLE 2 41000 0 0 NETWORK PLUS CORP COM CMN 64122D506 0 1211 SH SOLE 1 1211 0 0 NEWCARE HEALTH CORP COM CMN 651053100 0 5 SH SOLE 1 5 0 0 NEWELL RUBBERMAID INC COM CMN 651229106 119 10012 SH SOLE 2 10012 0 0 USD1 NEWFIELD EXPLORATION CO CMN 651290108 343 8642 SH SOLE 2 8642 0 0 COM USD0.01 NEWMONT MINING CORP COM CMN 651639106 8897 141329 SH DEFINED 1 0 141329 0 USD1.60 NEWMONT MINING CORP COM CNV 651639AJ5 34337 229217.55 SH SOLE 1 229217.55 0 0 USD1.60 NEWMONT MINING CORP COM CMN 651639106 41 657 SH DEFINED 2 0 657 0 USD1.60

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ NEWMONT MINING CORP COM CMN 651639106 1244 19754 SH DEFINED 2 0 19754 0 USD1.60 NEWPARK RESOURCES COM CNV 651718AC2 1153 12363.63 SH SOLE 1 12363.63 0 0 USD0.01 NEWS CORP COM USD0.01 CMN 65248E104 4223 272822 SH DEFINED 1 0 272822 0 CLASS'A' NEWS CORP COM USD0.01 CMN 65248E104 482 31140 SH DEFINED 2 0 31140 0 CLASS'A' NEWS CORP COM USD0.01 CMN 65248E203 1251 80200 SH DEFINED 1 0 80200 0 CL'B' NEWS CORP COM USD0.01 CMN 65248E203 61 3900 SH DEFINED 2 0 3900 0 CL'B' NEXEN INC COM NPV CMN 65334H102 517 33365 SH SOLE 2 33365 0 0 NEXTERA ENERGY INC COM CMN 65339F101 255 4725 SH SOLE 2 4725 0 0 USD0.01 NII HOLDINGS INC COM STK CMN 62913F201 341 12645 SH SOLE 2 12645 0 0 USD0.001 NIKE INC CLASS'B'COM NPV CMN 654106103 455 5317 SH SOLE 2 5317 0 0 NISOURCE INC COM NPV CMN 65473P105 230 10753 SH SOLE 2 10753 0 0 NOBLE CORP CHF3.54 CMN H5833N103 884 30129 SH SOLE 2 30129 0 0 NOBLE ENERGY INC COM CMN 655044105 372 5260 SH SOLE 2 5260 0 0 USD3.33 1/3 NOKIA OYJ NPV CMN 654902204 1585 279992 SH SOLE 2 279992 0 0 NORFOLK SOUTHERN CORP COM CMN 655844108 710 11637 SH SOLE 2 11637 0 0 USD1 NORTHEAST UTILITIES COM CMN 664397106 378 11225 SH SOLE 2 11225 0 0 USD5 NORTHROP GRUMMAN CORP COM CMN 666807102 565 10838 SH SOLE 2 10838 0 0 USD1 NORTHWESTERN CORP-OLD CMN 668074107 0 2800 SH SOLE 1 2800 0 0 NOVARTIS AG CHF0.50(REGD) CMN 66987V109 522 9354 SH SOLE 2 9354 0 0 NOVELLUS SYSTEMS INC COM CNV 670008AC5 506 5948.76 SH SOLE 1 5948.76 0 0 NPV NRG ENERGY INC COM USD0.01 CMN 629377508 250 11801 SH SOLE 2 11801 0 0 NUANCE COMMUNICATIONS INC CMN 67020Y100 315 15500 SH DEFINED 1 0 15500 0 COM USD0.001 NUANCE COMMUNICATIONS INC CMN 67020Y100 495 24318 SH DEFINED 2 0 24318 0 COM USD0.001 NUCOR CORP COM STK USD0.40 CMN 670346105 4305 136059 SH DEFINED 2 0 136059 0 NUCOR CORP COM STK USD0.40 CMN 670346105 804 25415 SH DEFINED 2 0 25415 0 NUVASIVE INC COM USD0.001 CMN 670704105 346 20304 SH DEFINED 1 0 20304 0 NUVASIVE INC COM USD0.001 CMN 670704105 1507 88334 SH DEFINED 2 0 88334 0 NUVASIVE INC COM USD0.001 CMN 670704105 133 7789 SH DEFINED 2 0 7789 0 NVIDIA CORP COM USD0.001 CMN 67066G104 4104 328093 SH SOLE 2 328093 0 0 NXP SEMICONDUCTORS NV COM CMN N6596X109 190 13423 SH SOLE 2 13423 0 0 NPV OCCIDENTAL PETROLEUM CORP CMN 674599105 2063 28856 SH DEFINED 2 0 28856 0 COM USD0.20 OCCIDENTAL PETROLEUM CORP CMN 674599105 4709 65865 SH DEFINED 2 0 65865 0 COM USD0.20 OCLARO INC USD0.01 CMN 67555N206 46 12747 SH SOLE 2 12747 0 0 OFFICE DEPOT INC COM CMN 676220106 30 14334 SH SOLE 2 14334 0 0 USD0.01 OIL SVC HOLDERS TR DEP CMN 678002106 1556 15090 SH SOLE 1 15090 0 0 RECEIPT(REP OIL SVC HLD OMNICARE INC COM USD1 CNV 681904AN8 39144 352650.84 SH SOLE 1 352650.84 0 0 OMNICOM GROUP INC COM CMN 681919106 617 16759 SH SOLE 2 16759 0 0 USD0.15 OMNIVISION TECHNOLOGIES CMN 682128103 221 15732 SH SOLE 2 15732 0 0 INC COM USD0.001

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ ON SEMICONDUCTOR CORP COM CMN 682189105 262 36500 SH DEFINED 1 0 36500 0 USD0.01 ON SEMICONDUCTOR CORP COM CMN 682189105 112 15626 SH DEFINED 2 0 15626 0 USD0.01 ONCOR INC COM CMN 682311105 0 15000 SH SOLE 1 15000 0 0 ONYX PHARMACEUTICALS INC CMN 683399109 333 11098 SH DEFINED 1 0 11098 0 COM USD0.001 ONYX PHARMACEUTICALS INC CMN 683399109 266 8872 SH DEFINED 2 0 8872 0 COM USD0.001 ORACLE CORP COM USD0.01 CMN 68389X105 1100 38290 SH DEFINED 2 0 38290 0 ORACLE CORP COM USD0.01 CMN 68389X105 4465 155360 SH DEFINED 2 0 155360 0 O'REILLY AUTOMOTVE COM CMN 67103H107 290 4347 SH SOLE 2 4347 0 0 USD0.01 OSCIENT PHARMACEUTICALS CMN 68812R303 0 29 SH SOLE 1 29 0 0 CORP COM NEW OWENS-ILLINOIS INC COM CNV 69073TAQ6 2115 23888.77 SH SOLE 1 23888.77 0 0 USD0.01 OWENS-ILLINOIS INC COM CMN 690768403 184 12182 SH SOLE 2 12182 0 0 USD0.01 OXYGEN BIOTHERAPEUTICS CMN 69207P209 21 10120 SH SOLE 2 10120 0 0 INC USD0.01 PACCAR INC COM STK USD1 CMN 693718108 898 26566 SH SOLE 2 26566 0 0 PACIFIC BIOSCIENCES OF CMN 69404D108 40 12591 SH SOLE 2 12591 0 0 CALIFORNIA INC USD0.0001 PACIFIC GATEWAY EX COM CMN 694327107 0 170 SH SOLE 1 170 0 0 STK USD0.0001 PACIFIC SUNWEAR OF CALIF CMN 694873100 120 100000 SH SOLE 2 100000 0 0 COM USD0.01 PALLET MGMT SYS INC COM CMN 696435304 0 2200 SH SOLE 1 2200 0 0 NEW PAMPA ENERGIA SA ARS1 CMN 697660207 886 76750 SH SOLE 2 76750 0 0 PAN AMERICAN SILVER CORP CMN 697900108 377 14068 SH SOLE 2 14068 0 0 COM NPV PANERA BREAD CO CMN 69840W108 551 5301 SH SOLE 2 5301 0 0 CLASS'A'COM USD0.0001 PARAGON SHIPPING INC COM CMN 69913R309 30 37780 SH SOLE 2 37780 0 0 STK USD0.001 CL'A' PARKER HANNIFIN CORP COM CMN 701094104 219 3475 SH SOLE 2 3475 0 0 STK USD0.50 PARTNERRE LTD COM USD1 CMN G6852T105 211 4036 SH SOLE 2 4036 0 0 PATRIOT COAL CORP COM STK CNV 70336TAA2 2042 22565.39 SH SOLE 1 22565.39 0 0 USD0.01 PATRIOT COAL CORP COM STK CMN 70336T104 381 45082 SH SOLE 2 45082 0 0 USD0.01 PATTERSON-UTI ENERGY INC CMN 703481101 444 25597 SH SOLE 2 25597 0 0 COM STK USD0.01 PDL BIOPHARMA INC COM STK CMN 69329Y104 623 112219 SH DEFINED 1 0 112219 0 USD0.01 PDL BIOPHARMA INC COM STK CMN 69329Y104 433 78000 SH DEFINED 2 0 78000 0 USD0.01 PDL BIOPHARMA INC COM STK CMN 69329Y104 45 8100 SH DEFINED 2 0 8100 0 USD0.01 PEABODY ENERGY CORP COM CMN 704549104 42 1241 SH DEFINED 1 0 1241 0 STK USD0.01 PEABODY ENERGY CORP COM CMN 704549104 1552 45797 SH DEFINED 2 0 45797 0 STK USD0.01 PEABODY ENERGY CORP COM CMN 704549104 397 11719 SH DEFINED 2 0 11719 0 STK USD0.01 PENNICHUCK CORP COM USD1 CMN 708254206 578 20668 SH SOLE 1 20668 0 0 PEOPLE'S UNITED FINANCIAL CMN 712704105 131 11472 SH SOLE 2 11472 0 0 INC COM STK USD0.01

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ PEPSICO INC CAP CMN 713448108 1535 24803 SH SOLE 2 24803 0 0 USD0.016666 PEREGRINE SYSTEMS INC COM CMN 71366Q101 0 15 SH SOLE 1 15 0 0 PERFECT WORLD CO LTD ADR CMN 71372U104 1519 136151 SH SOLE 2 136151 0 0 EACH REPR 5 COM CLS'B'S PERRIGO CO COM NPV CMN 714290103 290 2982 SH SOLE 2 2982 0 0 PETROBRAS ARGENTINA SA CMN 71646J109 1392 101200 SH SOLE 2 101200 0 0 CLASS'B'ARS1 PETROCHINA CO LTD ADS REP CMN 71646E100 236 1959 SH SOLE 2 1959 0 0 100 ORD HKD0.10'H' PETROLEO BRASILEIRO SA - CMN 71654V408 68624 3056758 SH DEFINED 2 0 3056758 0 PETROBRAS COM NPV PETROLEO BRASILEIRO SA - CMN 71654V408 8214 365868 SH DEFINED 2 0 365868 0 PETROBRAS COM NPV PETROLEUM DEVELOPMENT CNV 716578AC3 2028 24646.22 SH SOLE 1 24646.22 0 0 CORP COM USD0.01 PETSMART INC COM USD0.0001 CMN 716768106 1234 28923 SH DEFINED 1 0 28923 0 PETSMART INC COM USD0.0001 CMN 716768106 40 936 SH DEFINED 2 0 936 0 PFIZER INC COM USD0.05 CMN 717081103 216 12240 SH DEFINED 2 0 12240 0 PFIZER INC COM USD0.05 CMN 717081103 2154 121841 SH DEFINED 2 0 121841 0 PG&E CORP COM NPV CMN 69331C108 504 11917 SH SOLE 2 11917 0 0 PHH CORP COM NPV CNV 693320AH6 9659 97560.97 SH SOLE 1 97560.97 0 0 PHH CORP COM NPV CMN 693320202 2836 176388 SH DEFINED 2 0 176388 0 PHH CORP COM NPV CMN 693320202 1 62 SH DEFINED 2 0 62 0 PHILIP MORRIS CMN 718172109 6552 105039 SH SOLE 2 105039 0 0 INTERNATIONAL INC COM STK NPV 'WI' PHOENIX RES TECHNOLOGIES CMN 719131203 0 2 SH SOLE 1 2 0 0 INC COM NEW PHOTRONICS INC COM USD0.01 CNV 719405AG7 4318 48216 SH SOLE 1 48216 0 0 PINNACLE WEST CAPITAL CMN 723484101 215 4996 SH SOLE 2 4996 0 0 CORP COM NPV PIONEER NATURAL RESOURCES CNV 723787AH0 533 4504.13 SH SOLE 1 4504.13 0 0 CO COM STK USD0.01 PIONEER NATURAL RESOURCES CMN 723787107 248 3771 SH SOLE 2 3771 0 0 CO COM STK USD0.01 PITNEY BOWES INC COM USD1 CMN 724479100 484 25749 SH SOLE 2 25749 0 0 Plum Creek Timber CMN 729251108 312.39 9000 SH SOLE 4 9000 0 0 PLUM CREEK TIMBER CO INC CMN 729251108 209 6025 SH SOLE 2 6025 0 0 COM USD0.01 PLURISTEM THERAPEUTICS CMN 72940R102 22 10000 SH SOLE 2 10000 0 0 INC COM STK USD0.00001 PNC FINANCIAL SERVICES CMN 693475105 587 12174 SH DEFINED 1 0 12174 0 GROUP INC COM USD5 PNC FINANCIAL SERVICES CMN 693475105 2314 48008 SH DEFINED 2 0 48008 0 GROUP INC COM USD5 PNC FINANCIAL SERVICES CMN 693475105 1323 27445 SH DEFINED 2 0 27445 0 GROUP INC COM USD5 POTASH CORP OF CMN 73755L107 1785 41297 SH SOLE 2 41297 0 0 SASKATCHEWAN COM NPV POWERSHARES EXCHAN DB US CMN 73936D107 553 24800 SH SOLE 2 24800 0 0 DOLLAR INDEX BULLISH POWERWAVE TECHNOLOGIES CMN 739363109 51 29826 SH SOLE 2 29826 0 0 INC COM USD0.0001 PPG INDUSTRIES INC COM CMN 693506107 1045 14787 SH SOLE 2 14787 0 0 USD1.666 PPL CORP 8.75% CNV PREF CNV 69351T114 2986 54900 SH SOLE 1 54900 0 0 01/05/2014 PPL CORP COM USD0.01 CMN 69351T106 218 7654 SH SOLE 2 7654 0 0 PRAXAIR INC COM USD0.01 CMN 74005P104 280 2996 SH SOLE 2 2996 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ PRECISION CASTPARTS CORP CMN 740189105 828 5326 SH SOLE 2 5326 0 0 COM NPV PRICE (T. ROWE) COM CMN 74144T108 30 623 SH DEFINED 1 0 623 0 USD0.20 PRICE (T. ROWE) COM CMN 74144T108 1421 29747 SH DEFINED 2 0 29747 0 USD0.20 PRICELINE.COM INC COM CMN 741503403 28 62 SH DEFINED 1 0 62 0 USD0.008 PRICELINE.COM INC COM CNV 741503AM8 458 2864.13 SH SOLE 1 2864.13 0 0 USD0.008 PRICELINE.COM INC COM CMN 741503403 326 726 SH DEFINED 2 0 726 0 USD0.008 PRIMUS TELECOMMUNICATIONS CMN 741929301 1305.1514 122780 SH SOLE 4 117540 0 5240 GR PROCTER & GAMBLE CO COM CMN 742718109 6660 105418 SH SOLE 2 105418 0 0 NPV PROLOGIS INC COM USD0.01 CNV 74340XAR2 239 2469.33 SH SOLE 1 2469.33 0 0 PROLOGIS INC COM USD0.01 CNV 74340XAT8 2466 25153 SH SOLE 1 25153 0 0 PROLOGIS INC COM USD0.01 CMN 74340W103 375 15467 SH SOLE 2 15467 0 0 PROSHARES TRUST ULTRSHORT CMN 74347R883 1891 74200 SH SOLE 2 74200 0 0 S&P500 PROSHARES ULTRASHORT EURO CMN 74347W882 393 20370 SH SOLE 2 20370 0 0 PROSHARES ULTRASHORT EURO PROSPECT CAPITAL CORP COM CNV 74348TAA0 6376 68710.35 SH SOLE 1 68710.35 0 0 STK USD0.001 PROSPECT CAPITAL CORP COM CNV 74348TAB8 10572 120689.65 SH SOLE 1 120689.65 0 0 STK USD0.001 PROSPECT CAPITAL CORP COM CMN 74348T102 127 15100 SH SOLE 2 15100 0 0 STK USD0.001 PRUDENTIAL FINANCIAL INC CMN 744320102 1640 35000 SH DEFINED 1 0 35000 0 COM USD0.01 PRUDENTIAL FINANCIAL INC CMN 744320102 794 16943 SH DEFINED 2 0 16943 0 COM USD0.01 PSS WORLD MED INC COM CNV 69366AAC4 19973 176753.39 SH SOLE 1 176753.39 0 0 USD0.01 PUBLIC SERVICE ENTERPRISE CMN 744573106 803 24065 SH SOLE 2 24065 0 0 GROUP INC COM NPV PUBLIC STORAGE COM USD0.10 CMN 74460D109 314 2818 SH SOLE 2 2818 0 0 PULTE GROUP INC COM CMN 745867101 303 76751 SH SOLE 2 76751 0 0 USD0.01 QEP RESOURCES INC COM NPV CMN 74733V100 249 9181 SH SOLE 2 9181 0 0 QIAGEN NV COM EUR0.01 CMN N72482107 160 11586 SH SOLE 2 11586 0 0 QUAD SYSTEMS CORP USD0.03 CMN 74730Q104 0 40 SH SOLE 1 40 0 0 QUALCOMM INC COM USD0.0001 CMN 747525103 1800 37012 SH DEFINED 2 0 37012 0 QUALCOMM INC COM USD0.0001 CMN 747525103 6494 133538 SH DEFINED 2 0 133538 0 QUALITY DISTR INC FLA CMN 74756M102 288.3869 32222 SH SOLE 4 30234 0 1988 QUANTA SERVICES INC COM CMN 74762E102 196 10441 SH SOLE 2 10441 0 0 STK USD0.00001 QUANTECH LTD COM NEW CMN 74762K306 0 18 SH SOLE 1 18 0 0 QUEST DIAGNOSTICS INC COM CMN 74834L100 428 8665 SH SOLE 2 8665 0 0 USD0.01 QUOKKA SPORTS INC COM NEW CMN 749077400 0 280 SH SOLE 1 280 0 0 QWEST COMMUNICATIONS CMN 749121109 0 799 SH SOLE 2 799 0 0 INTERNATIONAL INC COM USD0.01 RADIAN GROUP INC COM CMN 750236101 186 84800 SH SOLE 2 84800 0 0 USD0.001 RADIANT SYSTEMS INC COM CMN 75025N102 0 156 SH SOLE 2 156 0 0 USD0.00001 RADIOSHACK CORP COM USD1 CNV 750438AC7 3755 39179.29 SH SOLE 1 39179.29 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ RADIOSHACK CORP COM USD1 CMN 750438103 1025 88247 SH SOLE 2 88247 0 0 RAMBUS INC COM USD0.001 CMN 750917106 248 17734 SH SOLE 2 17734 0 0 RAPTOR PHARMACEUTICAL CMN 75382F106 1689 374583 SH SOLE 2 374583 0 0 CORP USD0.001 RASER TECHNOLOGIES INC CMN 754055101 0 160800 SH SOLE 1 160800 0 0 COM Rayonier CMN 754907103 294.32 8000 SH SOLE 4 8000 0 0 RAYONIER INC COM NPV CNV 75508AAD8 1581 12630.03 SH SOLE 1 12630.03 0 0 RAYTHEON CO COM USD0.01 CMN 755111507 732 17906 SH SOLE 2 17906 0 0 RED HAT INC COM STK CMN 756577102 420 9949 SH SOLE 2 9949 0 0 USD0.0001 REGIONS FINANCIAL CORP CMN 7591EP100 2664 800000 SH DEFINED 1 0 800000 0 (NEW) COM USD0.625 REGIONS FINANCIAL CORP CMN 7591EP100 7 2203 SH DEFINED 2 0 2203 0 (NEW) COM USD0.625 REGIS CORP COM USD0.05 CNV 758932AA5 21924 194017.78 SH SOLE 1 194017.78 0 0 RELIANCE GROUP HOLDINGS CMN 759464100 0 294 SH SOLE 1 294 0 0 INC COM RENESOLA LTD ORD SHS NPV CMN 75971T103 130 75772 SH DEFINED 2 0 75772 0 RENESOLA LTD ORD SHS NPV CNV 75971TAA1 1481 37914.68 SH SOLE 2 37914.68 0 0 RENESOLA LTD ORD SHS NPV CMN 75971T103 0 4 SH DEFINED 3 0 4 0 RESEARCH IN MOTION LTD CMN 760975102 723 35594 SH DEFINED 2 0 35594 0 COM NPV RESEARCH IN MOTION LTD CMN 760975102 2721 134021 SH DEFINED 2 0 134021 0 COM NPV REYNOLDS AMERICAN INC COM CMN 761713106 590 15746 SH SOLE 2 15746 0 0 USD0.0001 RF MICRO DEVICES INC COM CMN 749941100 177 27880 SH SOLE 2 27880 0 0 STK NPV RIGEL PHARMACEUTICALS INC CMN 766559603 192 26100 SH SOLE 2 26100 0 0 COM USD0.001 RIGHTNOW TECHNOLOGIES INC CMN 76657R106 810 24500 SH DEFINED 1 0 24500 0 COM USD0.001 RIGHTNOW TECHNOLOGIES INC CMN 76657R106 6 185 SH DEFINED 2 0 185 0 COM USD0.001 RIO TINTO PLC ORD GBP0.10 CMN 767204100 2527 57326 SH SOLE 2 57326 0 0 RITE AID CORP COM USD1 CMN 767754104 36 36335 SH SOLE 2 36335 0 0 RIVERBED TECHNOLOGY INC CMN 768573107 650 32561 SH SOLE 2 32561 0 0 COM USD0.0001 ROBOTIC VISION SYS INC CMN 771074309 0 378865 SH SOLE 1 378865 0 0 COM NEW ROCKWELL COLLINS INC COM CMN 774341101 35 661 SH DEFINED 1 0 661 0 USD0.01 ROCKWELL COLLINS INC COM CMN 774341101 184 3493 SH DEFINED 2 0 3493 0 USD0.01 ROCKWOOD HLDGS INC COM CMN 774415103 407 12089 SH SOLE 2 12089 0 0 STK USD0.01 ROSS STORES INC COM CMN 778296103 566 7188 SH DEFINED 1 0 7188 0 USD0.01 ROSS STORES INC COM CMN 778296103 187 2378 SH DEFINED 2 0 2378 0 USD0.01 ROVI CORP COM USD0.001 CMN 779376102 1296 30155 SH DEFINED 1 0 30155 0 ROVI CORP COM USD0.001 CNV 779376AB8 956 8340.38 SH SOLE 1 8340.38 0 0 ROVI CORP COM USD0.001 CMN 779376102 999 23249 SH DEFINED 2 0 23249 0 ROVI CORP COM USD0.001 CMN 779376102 47 1085 SH DEFINED 2 0 1085 0 ROWAN COS INC COM USD0.125 CMN 779382100 661 21885 SH SOLE 2 21885 0 0 ROYAL CARIBBEAN CRUISES CMN V7780T103 465 21502 SH SOLE 2 21502 0 0 LTD COM USD0.01 RTI INTERNATIONAL METALS CMN 74973W107 681 29200 SH SOLE 1 29200 0 0 INC COM USD0.01

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ RUSSELL EXCHANGE TRADED CMN 782474647 13317 300600 SH SOLE 1 300600 0 0 FDS TR 1000 LOW VOLAT RUSSELL EXCHANGE TRADED CMN 782474696 7922 200700 SH SOLE 1 200700 0 0 FDS TR LOW P/E ETF RYDEX MSCI ALL COUNTRY CMN 78355W528 3226 100600 SH SOLE 1 100600 0 0 WORLD EQUAL WEIGHT ETF ETP NPV RYDEX MSCI EAFE EQUAL CMN 78355W544 2263 65400 SH SOLE 1 65400 0 0 WEIGHT ETF MUTUAL FUND NPV RYDEX MSCI EMERGING CMN 78355W536 1877 65850 SH SOLE 1 65850 0 0 MARKETS EQUAL WEIGHT ETF MUTUAL FUND NPV S1 CORPORATION COM USD0.01 CMN 78463B101 227 24731 SH SOLE 2 24731 0 0 SAF T LOK INC COM NEW CMN 78636P201 0 130 SH SOLE 1 130 0 0 SAFEWAY INC COM USD0.01 CMN 786514208 170 10202 SH SOLE 2 10202 0 0 SAKS INC COM USD0.10 CNV 79377WAL2 19082 192063.49 SH SOLE 1 192063.49 0 0 SAKS INC COM USD0.10 CNV 79377WAN8 31738 180586.9 SH SOLE 1 180586.9 0 0 SAKS INC COM USD0.10 CMN 79377W108 419 47840 SH SOLE 2 47840 0 0 SALESFORCE.COM INC COM CNV 79466LAB0 4412 29942.71 SH SOLE 1 29942.71 0 0 USD0.001 SALESFORCE.COM INC COM CMN 79466L302 10884 95244 SH DEFINED 2 0 95244 0 USD0.001 SALESFORCE.COM INC COM CMN 79466L302 256 2240 SH DEFINED 2 0 2240 0 USD0.001 SALIX PHARMACEUTICALS INC CMN 795435106 511 17247 SH SOLE 1 17247 0 0 COM SANDERSON FARMS INC COM CMN 800013104 858 18065 SH SOLE 2 18065 0 0 USD1 SANDISK CORP COM USD0.001 CMN 80004C101 455 11276 SH DEFINED 1 0 11276 0 SANDISK CORP COM USD0.001 CNV 80004CAC5 2354 24392.9 SH SOLE 1 24392.9 0 0 SANDISK CORP COM USD0.001 CMN 80004C101 9084 225106 SH DEFINED 2 0 225106 0 SANDISK CORP COM USD0.001 CMN 80004C101 1865 46224 SH DEFINED 2 0 46224 0 SANDRIDGE ENERGY INC COM CMN 80007P307 69 12482 SH SOLE 2 12482 0 0 STK USD0.001 SANITAS INC COM PAR $0.10 CMN 801036203 0 380 SH SOLE 1 380 0 0 SAP AG ORD NPV CMN 803054204 630 12455 SH SOLE 2 12455 0 0 SAPIENT CORP COM USD0.01 CMN 803062108 294 28947 SH SOLE 2 28947 0 0 SARA LEE CORP USD0.01 CMN 803111103 553 33808 SH SOLE 2 33808 0 0 SATCON TECHNOLOGY CORP CMN 803893106 95 100000 SH DEFINED 1 0 100000 0 COM USD0.01 SATCON TECHNOLOGY CORP CMN 803893106 5 5100 SH DEFINED 2 0 5100 0 COM USD0.01 SAVIENT PHARMACEUTICALS CMN 80517Q100 820 200000 SH SOLE 1 200000 0 0 INC COM USD0.01 SAVIENT PHARMACEUTICALS CNV 80517QAA8 906 13001.08 SH SOLE 1 13001.08 0 0 INC COM USD0.01 SBA COMMUNICATIONS CORP CMN 78388J106 216 6253 SH SOLE 2 6253 0 0 COM USD0.01 SCHLUMBERGER LTD COM CMN 806857108 60 1000 SH DEFINED 1 0 1000 0 USD0.01 SCHLUMBERGER LTD COM CMN 806857108 2400 40173 SH DEFINED 2 0 40173 0 USD0.01 SEA CONTAINERS LTD CL A CMN 811371707 0 391636 SH SOLE 1 391636 0 0 SEADRILL LTD USD2 CMN G7945E105 459 16685 SH SOLE 2 16685 0 0 SEAGATE TECHNOLOGY COM CMN G7945M107 120 11710 SH SOLE 2 11710 0 0 USD0.00001 SEALED AIR CORP COM CMN 81211K100 3209 192156 SH DEFINED 1 0 192156 0 USD0.10 SEALED AIR CORP COM CMN 81211K100 121 7235 SH DEFINED 2 0 7235 0 USD0.10

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ SECTOR SPDR TRUST AMEX CMN 81369Y803 3269 138500 SH SOLE 1 138500 0 0 TECHNOLOGY SELECT IDX SELECT SECTOR SPDR AMEX CMN 81369Y886 993 29546 SH SOLE 1 29546 0 0 UTILITIES SELECT INDEX SELECT SECTOR SPDR ENERGY CMN 81369Y506 3513 60035 SH DEFINED 1 0 60035 0 FUND SBI USD0.001 ENERGY SELECT SECTOR SPDR ENERGY CMN 81369Y506 34 578 SH DEFINED 2 0 578 0 FUND SBI USD0.001 ENERGY SELECT SECTOR SPDR SBI CMN 81369Y407 1102 31600 SH SOLE 1 31600 0 0 CONSUMER DISCRETIONARY SEMILEDS CORP/TW COM NPV CMN 816645105 136 35495 SH SOLE 2 35495 0 0 SEMPRA ENERGY COM NPV CMN 816851109 348 6758 SH SOLE 2 6758 0 0 SHAMAN PHARMACEUTICALS CMN 819319500 0 121 SH SOLE 1 121 0 0 INC COM PAR $.0001 SHANDA GAMES LTD CMN 81941U105 42 10686 SH SOLE 2 10686 0 0 'A'USD0.01 SHERWIN-WILLIAMS CO/THE CMN 824348106 230 3100 SH SOLE 2 3100 0 0 COM USD1 SHIMODA RES HLDGS INC COM CMN 82454P202 0 57 SH SOLE 1 57 0 0 NEW SIGA PHARMACEUTICA COM CMN 826917106 474 145000 SH SOLE 2 145000 0 0 USD0.0001 SILICON GRAPHICS INC CMN 827056102 0 287 SH SOLE 1 287 0 0 SILICONWARE PRECISION CMN 827084864 49 10300 SH SOLE 2 10300 0 0 INDUSTRIES CO TWD10 SILVER WHEATON CORP COM CMN 828336107 1762 59835 SH SOLE 2 59835 0 0 NPV SILVERCORP METALS INC COM CMN 82835P103 779 98538 SH SOLE 2 98538 0 0 NPV SIMCERE PHARMACEUT SPONS CMN 82859P104 139 14000 SH SOLE 2 14000 0 0 ADR EA REP 2 ORD SHS SIMON PROPERTY GROUP INC CMN 828806109 743 6752 SH SOLE 2 6752 0 0 COM USD0.0001 SINA CORP/CHINA ORD CMN G81477104 5151 71929 SH SOLE 2 71929 0 0 USD0.133 SIRIUS XM RADIO INC COM CNV 98375YAU0 124640 1066666.66 SH SOLE 1 1066666.66 0 0 USD0.001 SIRIUS XM RADIO INC COM CMN 82967N108 2390 1582539 SH DEFINED 2 0 1582539 0 USD0.001 SIRIUS XM RADIO INC COM CMN 82967N108 229 151378 SH DEFINED 2 0 151378 0 USD0.001 SITI-SITES COM INC CMN 82981P105 0 816 SH SOLE 1 816 0 0 SIX FLAGS ENTMT CORP NEW CMN 83001A102 3801.85344 137152 SH SOLE 4 99900 0 37252 SKYWORKS SOLUTIONS INC CMN 83088M102 106 5916 SH DEFINED 1 0 5916 0 COM USD0.25 SKYWORKS SOLUTIONS INC CMN 83088M102 143 7965 SH DEFINED 2 0 7965 0 COM USD0.25 SL GREEN REALTY CORP COM CNV 78444FAC0 1143 12026.57 SH SOLE 1 12026.57 0 0 USD0.01 SLM CORPORATION COM CMN 78442P106 330 26481 SH SOLE 2 26481 0 0 USD0.20 SM ENERGY CO COM USD0.01 CMN 78454L100 18 300 SH DEFINED 1 0 300 0 SM ENERGY CO COM USD0.01 CMN 78454L100 540 8907 SH DEFINED 2 0 8907 0 SMALL CAP BEAR 3X SHARES CMN 25459W110 3234 61049 SH SOLE 1 61049 0 0 SMALL CAP BEAR 3X SHARES SMARTHEAT INC COM STK CMN 83172F104 21 31800 SH SOLE 2 31800 0 0 USD0.001 SMITHFIELD FOODS INC COM CNV 832248AR9 23678 215252.36 SH SOLE 1 215252.36 0 0 USD0.5 SMITHFIELD FOODS INC COM CMN 832248108 306 15697 SH SOLE 2 15697 0 0 USD0.5

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ SOHU.COM INC COM USD0.001 CMN 83408W103 720 14941 SH SOLE 2 14941 0 0 SOLUTIA INC/NEW COM STK CMN 834376501 357 27801 SH SOLE 2 27801 0 0 USD0.01 SONIC AUTOMOTIVE INC COM CNV 83545GAQ5 18092 164393.79 SH SOLE 1 164393.79 0 0 USD0.01 CL'A' SOTHEBY'S COM STK USD0.10 CMN 835898107 505 18306 SH SOLE 2 18306 0 0 SOUTHERN CO COM USD5 CMN 842587107 245 5780 SH SOLE 2 5780 0 0 SOUTHERN UNION CO COM USD1 CMN 844030106 19186 472917 SH SOLE 2 472917 0 0 SOUTHWEST AIRLINES CO COM CNV 00949PAD0 8443 66348.42 SH SOLE 1 66348.42 0 0 USD1 SOUTHWEST AIRLINES CO COM CMN 844741108 212 26381 SH SOLE 2 26381 0 0 USD1 SOUTHWESTERN ENERGY CO CMN 845467109 305 9150 SH SOLE 2 9150 0 0 USD0.1 SPDR GOLD SHARES GOLD CMN 78463V107 54508 344859 SH DEFINED 1 0 344859 0 SHARES NPV SPDR GOLD SHARES GOLD CMN 78463V107 281 1778 SH DEFINED 2 0 1778 0 SHARES NPV SPDR GOLD SHARES GOLD CMN 78463V107 44383 280798 SH DEFINED 2 0 280798 0 SHARES NPV SPDR KBW BANK ETF KBW CMN 78464A797 5195 296200 SH SOLE 1 296200 0 0 BANK ETF SPDR S&P 500 ETF TRUST CMN 78462F103 1044541 9231475 SH DEFINED 1 0 9231475 0 UNITS SER 1 NPV SPDR S&P 500 ETF TRUST CMN 78462F103 29122 257378 SH DEFINED 2 0 257378 0 UNITS SER 1 NPV SPDR S&P 500 ETF TRUST CMN 78462F103 15242 134702 SH DEFINED 2 0 134702 0 UNITS SER 1 NPV SPDR S&P 500 ETF TRUST CMN 78462F103 56 491 SH DEFINED 3 0 491 0 UNITS SER 1 NPV SPECTRA ENERGY CORP COM CMN 847560109 299 12183 SH SOLE 2 12183 0 0 STK USD0.001 SPIRIT AEROSYSTEMS CMN 848574109 192 12052 SH SOLE 2 12052 0 0 HOLDINGS, INC COM STK USD0.01 CLASS 'A' SPRINT NEXTEL CORP COM CMN 852061100 95 31170 SH DEFINED 1 0 31170 0 USD2 SERIE 1 SPRINT NEXTEL CORP COM CMN 852061100 83 27331 SH DEFINED 2 0 27331 0 USD2 SERIE 1 SPROTT PHYSICAL GOLD CMN 85207H104 2656 189310 SH SOLE 2 189310 0 0 TRUST ETP NPV STANLEY BLACK & DECKER CNV 854502309 500 4880 SH SOLE 1 4880 0 0 INC 5% CNV PERF STANLEY BLACK & DECKER CNV 854616AM1 6783 66463.86 SH SOLE 1 66463.86 0 0 INC COM USD2.50 STANLEY BLACK & DECKER CMN 854502101 279 5683 SH SOLE 2 5683 0 0 INC COM USD2.50 STAPLES INC COM STK CMN 855030102 177 13299 SH SOLE 2 13299 0 0 USD0.0006 STARBUCKS CORP COM CMN 855244109 1109 29749 SH DEFINED 2 0 29749 0 USD0.001 STARBUCKS CORP COM CMN 855244109 22 600 SH DEFINED 3 0 600 0 USD0.001 STARTER CORP COM CMN 855684106 0 850 SH SOLE 1 850 0 0 STARWOOD HOTELS & RESORTS CMN 85590A401 1117 28762 SH SOLE 2 28762 0 0 COM STK USD0.01 STATE BANCORP INC/NY COM CMN 855716106 717 67833 SH SOLE 1 67833 0 0 USD5 STATE STREET CORP COM STK CMN 857477103 546 16989 SH SOLE 2 16989 0 0 USD1

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ STATOIL ASA NOK2.50 CMN 85771P102 1922 89191 SH SOLE 2 89191 0 0 STEC INC COM USD0.001 CMN 784774101 166 16319 SH SOLE 2 16319 0 0 STEEL DYNAMICS INC CMN 858119100 100 10107 SH DEFINED 1 0 10107 0 STEEL DYNAMICS INC COM CMN 858119100 324 32680 SH DEFINED 2 0 32680 0 STK USD0.01 STREETTRACKS INDEX SPDR CMN 78463X400 3349 60000 SH SOLE 2 60000 0 0 S&P CHINA ETF STREETTRACKS SERIE SPDR CMN 78464A888 146 10952 SH SOLE 1 10952 0 0 HOMEBUILDERS ETF STREETTRACKS SPDR O&G CMN 78464A730 360 8400 SH SOLE 1 8400 0 0 EX&PRD STRYKER CORP COM USD0.10 CMN 863667101 252 5349 SH SOLE 2 5349 0 0 SULPHCO INC COM USD0.001 CMN 865378103 0 67200 SH SOLE 2 67200 0 0 SUN HBR FINL RES INC COM CMN 866916109 0 5 SH SOLE 1 5 0 0 SUNBEAM CORP COM CMN 867071102 0 8000 SH SOLE 1 8000 0 0 SUNCOR ENERGY INC COM NPV CMN 867224107 535 21045 SH SOLE 2 21045 0 0 SUNOCO INC COM USD1 CMN 86764P109 16 500 SH DEFINED 1 0 500 0 SUNOCO INC COM USD1 CMN 86764P109 316 10177 SH DEFINED 2 0 10177 0 SUNPOWER CORP COM CNV 867652AE9 35952 443852.64 SH SOLE 1 443852.64 0 0 USD0.001 CLASS'A' SUNTECH POWER HLDG SPONS CMN 86800C104 135 58360 SH SOLE 2 58360 0 0 ADR EA REPR 1 ORD SHS SUNTRUST BANKS, INC COM CMN 867914103 210 11713 SH SOLE 2 11713 0 0 USD1 SUPERIOR WELL SERVICES CNV 86837X204 2955 3302 SH SOLE 1 3302 0 0 INC PRF1000 SUPERVALU INC COM USD1 CMN 868536103 162 24338 SH SOLE 2 24338 0 0 SUREBEAM CORP CL A CMN 86866R102 0 69 SH SOLE 1 69 0 0 SUSQUEHANNA BANCSHARES CMN 869099101 711 130300 SH DEFINED 1 0 130300 0 INC COM USD2 SUSQUEHANNA BANCSHARES CMN 869099101 8 1467 SH DEFINED 2 0 1467 0 INC COM USD2 SWIFT ENERGY CO COM CMN 870738101 231 9496 SH SOLE 2 9496 0 0 USD0.01 SYMANTEC CORP COM USD0.01 CMN 871503108 174 10697 SH SOLE 2 10697 0 0 SYSCO CORP COM USD1 CMN 871829107 341 13157 SH SOLE 2 13157 0 0 T U INTL INC COM PAR CMN 873054209 0 500 SH SOLE 1 500 0 0 $0.10 TAIWAN SEMICONDUCTOR CMN 874039100 65449 5726090 SH SOLE 2 5726090 0 0 MANUFACTURING CO LTD TWD10 TAKE-TWO INTERACTIVE CMN 874054109 37 2938 SH DEFINED 1 0 2938 0 SOFTWARE INC COM USD0.01 TAKE-TWO INTERACTIVE CMN 874054109 5953 468036 SH DEFINED 2 0 468036 0 SOFTWARE INC COM USD0.01 TAKE-TWO INTERACTIVE CMN 874054109 124 9753 SH DEFINED 2 0 9753 0 SOFTWARE INC COM USD0.01 TAL INTERNATIONAL GROUP CMN 874083108 1251 50150 SH DEFINED 1 0 50150 0 INC COM STK USD0.001 TAL INTERNATIONAL GROUP CMN 874083108 13 502 SH DEFINED 2 0 502 0 INC COM STK USD0.001 TAM S.A. PRF NPV CMN 87484D103 3352 215119 SH DEFINED 1 0 215119 0 TAM S.A. PRF NPV CMN 87484D103 47 3020 SH DEFINED 2 0 3020 0 TARGET CORP COM STK CMN 87612E106 95 1936 SH DEFINED 1 0 1936 0 USD0.0833 TARGET CORP COM STK CMN 87612E106 1448 29524 SH DEFINED 2 0 29524 0 USD0.0833 TARGET CORP COM STK CMN 87612E106 843 17199 SH DEFINED 2 0 17199 0 USD0.0833 TARRAGON CORP COM CMN 876287103 0 6845 SH SOLE 1 6845 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ TATA MOTORS LTD INR2 CMN 876568502 352 22855 SH DEFINED 2 0 22855 0 TATA MOTORS LTD INR2 CMN 876568502 55 3595 SH DEFINED 2 0 3595 0 TBM HOLDING INC COM CMN 872197108 0 2 SH SOLE 1 2 0 0 TBS INTERNATIONAL PLC COM CMN G8657Q104 15 20470 SH SOLE 2 20470 0 0 USD0.01 CLASS 'A' TD AMERITRADE HOLDING CMN 87236Y108 329 22353 SH SOLE 2 22353 0 0 CORP COM USD0.01 TE CONNECTIVITY LTD CMN H84989104 482 17124 SH SOLE 2 17124 0 0 CHF1.19 TECH DATA CORP COM CNV 878237AE6 4170 41801.52 SH SOLE 1 41801.52 0 0 USD0.0015 TELECOMMNS SYSTEMS COM CMN 87929J103 173 50000 SH SOLE 2 50000 0 0 USD0.01 TELEFLEX INC COM USD1 CMN 879369106 2187 40677 SH SOLE 1 40677 0 0 TELEFONICA SA EUR1 CMN 879382208 192 10022 SH SOLE 2 10022 0 0 TELLABS INC COM USD0.01 CMN 879664100 455 106000 SH SOLE 2 106000 0 0 TEMPLE-INLAND INC COM USD1 CMN 879868107 1645 52439 SH DEFINED 1 0 52439 0 TEMPLE-INLAND INC COM USD1 CMN 879868107 5848 186433 SH DEFINED 2 0 186433 0 TENARIS S.A. USD1 CMN 88031M109 412 16202 SH SOLE 2 16202 0 0 TERADATA CORP COM STK CMN 88076W103 34 637 SH DEFINED 1 0 637 0 USD0.01 TERADATA CORP COM STK CMN 88076W103 195 3645 SH DEFINED 2 0 3645 0 USD0.01 TERADYNE INC COM USD0.125 CMN 880770102 30 2755 SH DEFINED 1 0 2755 0 TERADYNE INC COM USD0.125 CMN 880770102 10855 985935 SH DEFINED 2 0 985935 0 TERADYNE INC COM USD0.125 CMN 880770102 621 56427 SH DEFINED 2 0 56427 0 TEREX CORP COM USD0.01 CMN 880779103 67 6500 SH DEFINED 1 0 6500 0 TEREX CORP COM USD0.01 CNV 880779AV5 22370 227569.23 SH SOLE 1 227569.23 0 0 TEREX CORP COM USD0.01 CMN 880779103 186 18145 SH DEFINED 2 0 18145 0 TERNIUM SA COM NPV CMN 880890108 1023 49100 SH SOLE 2 49100 0 0 TESORO CORP COM USD0.1666 CMN 881609101 1159 59533 SH SOLE 2 59533 0 0 TEVA PHARMACEUTICAL IND CNV 88163VAE9 768 7502.3 SH SOLE 1 7502.3 0 0 LTD ILS0.1 (POST CONS) TEVA PHARMACEUTICAL IND CMN 881624209 872 23422 SH SOLE 2 23422 0 0 LTD ILS0.1 (POST CONS) TEXAS INSTRUMENTS INC COM CMN 882508104 34 1272 SH DEFINED 1 0 1272 0 USD1 TEXAS INSTRUMENTS INC COM CMN 882508104 708 26556 SH DEFINED 2 0 26556 0 USD1 TEXTRON INC COM STK CNV 883203BN0 114211 753371.42 SH SOLE 1 753371.42 0 0 USD0.125 TEXTRON INC COM STK CMN 883203101 10121 573781 SH DEFINED 2 0 573781 0 USD0.125 TEXTRON INC COM STK CMN 883203101 131 7445 SH DEFINED 2 0 7445 0 USD0.125 TGC INDUSTRIES INC COM CMN 872417308 380 86399 SH SOLE 1 86399 0 0 STK USD0.01 THE ALLSTATE CORPORATION CMN 020002101 436 18406 SH SOLE 2 18406 0 0 COM USD0.01 THE CHARLES SCHWAB CMN 808513105 204 18128 SH SOLE 2 18128 0 0 CORPORATION COM USD0.01 THE GOLDMAN SACHS GROUP, CMN 38141G104 1001 10587 SH DEFINED 1 0 10587 0 INC COM USD0.01 THE GOLDMAN SACHS GROUP, CMN 38141G104 9049 95709 SH DEFINED 2 0 95709 0 INC COM USD0.01 THE GOLDMAN SACHS GROUP, CMN 38141G104 5028 53174 SH DEFINED 2 0 53174 0 INC COM USD0.01 THERMO ELECTRON CORP COM CMN 883556102 290 5725 SH SOLE 2 5725 0 0 USD1 THOMPSON CREEK METALS CO CMN 884768102 68 11206 SH SOLE 2 11206 0 0 LTD COM NPV

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ THORATEC CORP COM NPV CMN 885175307 415 12723 SH SOLE 2 12723 0 0 TIANRONG BUILDING CMN 886305101 0 1500 SH SOLE 1 1500 0 0 MATERIAL USD0.02 TIBCO SOFTWARE INC COM CMN 88632Q103 246 11006 SH SOLE 2 11006 0 0 USD0.001 TIERONE CORP COM USD0.01 CMN 88650R108 0 10000 SH SOLE 2 10000 0 0 TIFFANY & CO COM USD0.01 CMN 886547108 1113 18302 SH SOLE 2 18302 0 0 TIME WARNER CABLE INC CMN 88732J207 515 8219 SH DEFINED 1 0 8219 0 'A'USD0.01 TIME WARNER CABLE INC CMN 88732J207 1016 16211 SH DEFINED 2 0 16211 0 'A'USD0.01 TIME WARNER INC USD0.01 CMN 887317303 726 24211 SH SOLE 2 24211 0 0 TITANIUM METALS CORP COM CMN 888339207 1 100 SH DEFINED 1 0 100 0 USD0.01 TITANIUM METALS CORP COM CMN 888339207 167 11151 SH DEFINED 2 0 11151 0 USD0.01 TIVO INC COM USD0.001 CNV 888706AD0 5020 44802.86 SH SOLE 1 44802.86 0 0 TJX COS INC COM USD1 CMN 872540109 633 11418 SH DEFINED 1 0 11418 0 TJX COS INC COM USD1 CMN 872540109 642 11579 SH DEFINED 2 0 11579 0 TOLL BROTHERS INC COM CMN 889478103 364 25202 SH SOLE 2 25202 0 0 USD0.01 TOREADOR RESOURCES CORP CMN 891050106 80 26001 SH SOLE 2 26001 0 0 COM USD0.15625 TOTAL SA EUR2.5 CMN 89151E109 4758 108465 SH SOLE 2 108465 0 0 TOTALAXCESS COM INC COM CMN 89151J207 0 333 SH SOLE 1 333 0 0 NEW TOYOTA MOTOR CORP NPV CMN 892331307 261 3824 SH SOLE 2 3824 0 0 TRACKER CORP OF AMERICA CMN 89234G105 0 50000 SH SOLE 1 50000 0 0 COM USD0.001 TRACTOR SUPPLY CO COM CMN 892356106 534 8535 SH DEFINED 1 0 8535 0 USD0.008 TRACTOR SUPPLY CO COM CMN 892356106 81 1299 SH DEFINED 2 0 1299 0 USD0.008 TRANS GLOBAL SVCS INC COM CMN 892916503 0 749 SH SOLE 1 749 0 0 NEW TRANSATLANTIC HOLDINGS CMN 893521104 426 8773 SH SOLE 2 8773 0 0 INC COM USD1 TRANSOCEAN LTD CHF15 CMN H8817H100 7117 149077 SH SOLE 2 149077 0 0 TRAVELERS COS INC/THE COM CMN 89417E109 645 13239 SH SOLE 2 13239 0 0 NPV TRIANGLE HOME PRODS INC CMN 895858108 0 225 SH SOLE 1 225 0 0 DEL COM TRINA SOLAR LIMITE ADR CMN 89628E104 284 46643 SH SOLE 2 46643 0 0 REP 50 ORD USD0.00001 TRIQUINT SEMICONDUCTOR CMN 89674K103 55 11041 SH SOLE 2 11041 0 0 INC COM USD0.001 TRIUMPH GROUP INC COM CNV 896818AB7 1462 8191.01 SH SOLE 1 8191.01 0 0 USD0.001 TTM TECHNOLOGIES INC COM CMN 87305R109 229 24100 SH DEFINED 1 0 24100 0 NPV TTM TECHNOLOGIES INC COM CMN 87305R109 11 1208 SH DEFINED 2 0 1208 0 NPV TULLY'S COFFEE CORP COM CMN 899432405 0 75 SH SOLE 1 75 0 0 STK NPV TUPPERWARE BRANDS CORP CMN 899896104 27 501 SH DEFINED 1 0 501 0 COM USD0.01 TUPPERWARE BRANDS CORP CMN 899896104 178 3318 SH DEFINED 2 0 3318 0 COM USD0.01 TYCO INTERNATIONAL LTD CMN H89128104 963 23638 SH SOLE 2 23638 0 0 CHF6.7

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ TYSON FOODS INC CNV 902494AP8 59628 495865.32 SH SOLE 1 495865.32 0 0 CLASS'A'COM USD0.10 TYSON FOODS INC CMN 902494103 1168 67292 SH SOLE 2 67292 0 0 CLASS'A'COM USD0.10 UCBH HLDGS INC COM USD0.01 CMN 90262T308 0 3000 SH SOLE 2 3000 0 0 ULTRA PETROLEUM CORP COM CMN 903914109 208 7489 SH SOLE 2 7489 0 0 NPV ULTRASHORT LEHMAN 20+ CMN 74347R297 1458 75000 SH SOLE 2 75000 0 0 YEAR ULTRASHORT LEHMAN 20+ YEAR UNION PACIFIC CORP COM CMN 907818108 479 5868 SH SOLE 2 5868 0 0 USD2.50 UNISOURCE ENERGY NPV COM CNV 909205AB2 2798 26202.75 SH DEFINED 1 0 26202.75 0 NPV UNISOURCE ENERGY NPV COM CNV 909205AB2 306 2863.68 SH DEFINED 2 0 2863.68 0 NPV UNITED CONTINENTAL CNV 902549AJ3 7206 30501.84 SH SOLE 1 30501.84 0 0 HOLDINGS INC COM STK USD0.01 UNITED CONTINENTAL CMN 910047109 236 12197 SH SOLE 2 12197 0 0 HOLDINGS INC COM STK USD0.01 UNITED MICROELECTRONICS CMN 910873405 26 13500 SH SOLE 2 13500 0 0 CORP TWD10 UNITED PARCEL SERVICE INC CMN 911312106 1256 19886 SH SOLE 2 19886 0 0 CLASS'B'COM USD0.01 UNITED STATES NATURAL GAS CMN 912318110 1801 200000 SH DEFINED 1 0 200000 0 FUND LP UNIT UNITED STATES NATURAL GAS CMN 912318110 1681 186649 SH DEFINED 2 0 186649 0 FUND LP UNIT UNITED STATES STEEL CORP CMN 912909108 498 22605 SH DEFINED 1 0 22605 0 COM USD1 UNITED STATES STEEL CORP CNV 912909AE8 23917 230525.49 SH SOLE 1 230525.49 0 0 COM USD1 UNITED STATES STEEL CORP CMN 912909108 1827 83020 SH DEFINED 2 0 83020 0 COM USD1 UNITED TECHNOLOGIES CORP CMN 913017109 613 8716 SH DEFINED 1 0 8716 0 COM USD1 UNITED TECHNOLOGIES CORP CMN 913017109 2738 38914 SH DEFINED 2 0 38914 0 COM USD1 UNITED THERAPEUTICS CORP CNV 91307CAD4 19124 186664.68 SH SOLE 1 186664.68 0 0 COM USD0.01 UNITEDHEALTH GROUP INC CMN 91324P102 1621 35149 SH SOLE 2 35149 0 0 COM USD0.01 UNIVERSAL CORP 6.75% PERP CNV 913456307 6348 6900 SH SOLE 1 6900 0 0 PFD CONV 15/03/ URANIUM RESOURCES INC COM CMN 916901507 10 15158 SH SOLE 2 15158 0 0 STK USD0.001 URBAN OUTFITTERS INC COM CMN 917047102 28 1273 SH DEFINED 1 0 1273 0 USD0.0001 URBAN OUTFITTERS INC COM CMN 917047102 372 16688 SH DEFINED 2 0 16688 0 USD0.0001 US AIRWAYS GROUP INC COM CMN 911905107 0 2449 SH SOLE 1 2449 0 0 US AIRWAYS GROUP INC/NEW CMN 90341W108 166 30108 SH SOLE 2 30108 0 0 COM STK USD0.01 US BANCORP INC COM USD0.01 CMN 902973304 520 22097 SH DEFINED 1 0 22097 0 US BANCORP INC COM USD0.01 CMN 902973304 1386 58882 SH DEFINED 2 0 58882 0 USA BROADBAND INC COM CMN 90335P101 0 4290 SH SOLE 1 4290 0 0 USEC INC COM USD0.10 CMN 90333E108 52 32000 SH SOLE 2 32000 0 0 USEC INC COM USD0.10 CNV 90333EAC2 492 8364 SH SOLE 2 8364 0 0

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ UTD RENTALS INC COM CNV 911363AL3 70867 423847.01 SH SOLE 1 423847.01 0 0 USD0.01 UTD STS OIL FD LP UNITS CMN 91232N108 225 7373 SH SOLE 2 7373 0 0 VALE SA COM NPV CMN 91912E105 35395 1552417 SH DEFINED 2 0 1552417 0 VALE SA COM NPV CMN 91912E105 1075 47137 SH DEFINED 2 0 47137 0 VALENCE TECHNOLOGY INC CMN 918914102 36 35000 SH SOLE 2 35000 0 0 COM USD0.001 VALERO ENERGY CORP COM CMN 91913Y100 1401 78790 SH DEFINED 1 0 78790 0 USD0.01 VALERO ENERGY CORP COM CMN 91913Y100 1350 75931 SH DEFINED 2 0 75931 0 USD0.01 VALUECLICK INC COM STK CMN 92046N102 321 20637 SH SOLE 2 20637 0 0 USD0.001 VARIAN SEMICONDUCT COM CMN 922207105 10612 173544 SH DEFINED 1 0 173544 0 USD0.01 VARIAN SEMICONDUCT COM CMN 922207105 94867 1551387 SH DEFINED 2 0 1551387 0 USD0.01 VCA ANTECH INC COM CMN 918194101 6 400 SH DEFINED 1 0 400 0 USD0.001 VCA ANTECH INC COM CMN 918194101 533 33370 SH DEFINED 2 0 33370 0 USD0.001 VECTOR DEV INC COM CMN 92239E109 0 2500 SH SOLE 1 2500 0 0 VEECO INSTRUMENTS INC COM CMN 922417100 203 8324 SH SOLE 2 8324 0 0 USD0.01 VELTI LTD ORD GBP0.05 CMN G93285107 1916 289830 SH SOLE 2 289830 0 0 VENTAS INC COM USD0.25 CNV 92276FAA8 11919 102753.13 SH SOLE 1 102753.13 0 0 VERENIUM CORP USD0.001 CMN 92340P209 120 50000 SH SOLE 2 50000 0 0 VERIFONE SYSTEMS INC COM CMN 92342Y109 310 8850 SH DEFINED 1 0 8850 0 USD0.01 VERIFONE SYSTEMS INC COM CMN 92342Y109 610 17427 SH DEFINED 2 0 17427 0 USD0.01 VERIZON COMMUNICATIONS CMN 92343V104 18 500 SH DEFINED 1 0 500 0 INC COM USD0.10 VERIZON COMMUNICATIONS CMN 92343V104 35 943 SH DEFINED 2 0 943 0 INC COM USD0.10 VERIZON COMMUNICATIONS CMN 92343V104 1592 43269 SH DEFINED 2 0 43269 0 INC COM USD0.10 VERTEX PHARMACEUTICALS CNV 92532FAN0 490 4300.63 SH SOLE 1 4300.63 0 0 INC COM USD0.01 VERTEX PHARMACEUTICALS CMN 92532F100 835 18772 SH SOLE 2 18772 0 0 INC COM USD0.01 VF CORP COM NPV CMN 918204108 348 2861 SH SOLE 2 2861 0 0 VIACOM INC NEW CL'B' CMN 92553P201 514 13266 SH DEFINED 1 0 13266 0 NON-VTG USD0.001 VIACOM INC NEW CL'B' CMN 92553P201 96 2490 SH DEFINED 2 0 2490 0 NON-VTG USD0.001 VIDEOLAN TECHNOLOGIES INC CMN 926919309 0 125 SH SOLE 1 125 0 0 COM NEW VIRGIN MEDIA INC COM STK CNV 92769LAB7 98001 651821.01 SH SOLE 1 651821.01 0 0 USD0.01 VIRGIN MEDIA INC COM STK CMN 92769L101 1112 45647 SH SOLE 2 45647 0 0 USD0.01 VISA INC USD0.0001 CMN 92826C839 357 4161 SH SOLE 2 4161 0 0 VISHAY INTERTECHNOLOGY CMN 928298108 24 2924 SH DEFINED 1 0 2924 0 INC COM USD0.10 VISHAY INTERTECHNOLOGY CNV 928298AG3 12643 169709.94 SH SOLE 1 169709.94 0 0 INC COM USD0.10 VISHAY INTERTECHNOLOGY CMN 928298108 83 9915 SH DEFINED 2 0 9915 0 INC COM USD0.10 VISHAY PRECISION GROUP CMN 9289990A0 115 467164 SH SOLE 1 467164 0 0 INC COM NPV

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ VISHAY PRECISION GROUP CMN 9289990B8 3 121698 SH SOLE 1 121698 0 0 INC COM NPV VMWARE INC-CLASS A COM CMN 928563402 641 7976 SH SOLE 2 7976 0 0 STK USD0.01 CLASS 'A' VODAFONE GROUP PLC ORD CMN 92857W209 2680 104440 SH SOLE 2 104440 0 0 USD0.11428571 WALGREEN CO COM CMN 931422109 844 25649 SH DEFINED 2 0 25649 0 USD0.078125 WALGREEN CO COM CMN 931422109 1199 36446 SH DEFINED 2 0 36446 0 USD0.078125 WAL-MART STORES INC COM CMN 931142103 1959 37752 SH SOLE 2 37752 0 0 USD0.10 WALT DISNEY CO/THE DISNEY CMN 254687106 1203 39882 SH DEFINED 1 0 39882 0 COM USD0.01 WALT DISNEY CO/THE DISNEY CMN 254687106 840 27845 SH DEFINED 2 0 27845 0 COM USD0.01 WALTER ENERGY INC COM CMN 93317Q105 151 2508 SH DEFINED 1 0 2508 0 CAD0.01 WALTER ENERGY INC COM CMN 93317Q105 704 11737 SH DEFINED 2 0 11737 0 USD0.01 WARNER CHILCOTT PLC COM CMN G94368100 788 55092 SH SOLE 2 55092 0 0 STK USD0.01 CLASS 'A' WASTE MANAGEMENT INC COM CMN 94106L109 530 16282 SH SOLE 2 16282 0 0 USD0.01 WATSON PHARMACEUTICALS CMN 942683103 414 6068 SH SOLE 2 6068 0 0 INC COM USD0.0033 WEATHERFORD INTERNATIONAL CMN H27013103 292 23951 SH SOLE 2 23951 0 0 LTD COM USD1 WEBLINK WIRELESS INC CL A CMN 94769A101 0 1000 SH SOLE 1 1000 0 0 WELLPOINT INC COM USD0.01 CMN 94973V107 386 5914 SH SOLE 2 5914 0 0 WELLS FARGO & CO COM USD1 CMN 949746101 188 7778 SH DEFINED 1 0 7778 0 2/3 WELLS FARGO & CO COM USD1 CMN 949746101 567 23528 SH DEFINED 2 0 23528 0 2/3 WELLS FARGO & CO COM USD1 CMN 949746101 2152 89233 SH DEFINED 2 0 89233 0 2/3 WENDT-BRISTOL HEALTH SVCS CMN 95058J109 0 137 SH SOLE 1 137 0 0 CORP COM WESTERN DIGITAL CORP COM CMN 958102105 266 10331 SH SOLE 2 10331 0 0 USD0.01 WESTERN REFINING INC COM CNV 959319AC8 74518 550555.55 SH SOLE 1 550556 0 0 STK USD0.01 WESTERN UNION COMP COM CMN 959802109 31 2018 SH DEFINED 1 0 2018 0 STK USD0.01 WESTERN UNION COMP COM CMN 959802109 380 24844 SH DEFINED 2 0 24844 0 STK USD0.01 WHITEHALL ENTERPRISES INC CMN 965042104 0 28000 SH SOLE 1 28000 0 0 USD0.0001 WHOLE FOODS MARKET INC CMN 966837106 131 2000 SH DEFINED 2 0 2000 0 COM NPV WHOLE FOODS MARKET INC CMN 966837106 459 7029 SH DEFINED 2 0 7029 0 COM NPV WILLIAMS COS INC COM USD1 CMN 969457100 757 31114 SH SOLE 2 31114 0 0 WILLIAMS-SONOMA INC COM CMN 969904101 31 1007 SH DEFINED 1 0 1007 0 USD0.01 WILLIAMS-SONOMA INC COM CMN 969904101 359 11664 SH DEFINED 2 0 11664 0 USD0.01 WINSTAR COMMUNICATIONS CMN 975515107 0 382 SH SOLE 1 382 0 0 INC COM WINTRUST FINL CORP 7.5% CNV 97650W207 4880 113155 SH SOLE 1 113155 0 0 MAND CONV PREF

FORM 13F INFORMATION TABLE 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 MANAGERS SOLE SHARED NONE -------------------------- -------------- --------- ----------- ----------- --- ---- ---------- -------- ---------- --------- ------ WISCONSIN ENERGY CORP COM CMN 976657106 231 7394 SH SOLE 2 7394 0 0 USD0.01 WISDOMTREE INDIA EARNINGS CMN 97717W422 194 10697 SH SOLE 2 10697 0 0 FUND INDIA EARNINGS FUND WORLDCOM INC GA NEW CMN 98157D106 0 12 SH SOLE 1 12 0 0 WRLDCOM GP COM WORLDCOM INC-MCI GROUP CMN 98157D304 0 13 SH SOLE 1 13 0 0 WRIGHT MEDICAL GROUP INC CNV 98235TAA5 234 2756.5 SH SOLE 1 2756.5 0 0 COM USD0.01 WW GRAINGER INC COM STK CMN 384802104 32 216 SH DEFINED 1 0 216 0 USD0.50 WW GRAINGER INC COM STK CMN 384802104 236 1575 SH DEFINED 2 0 1575 0 USD0.50 WYNDHAM WORLDWIDE CORP CMN 98310W108 9990 350394 SH DEFINED 2 0 350394 0 COM STK USD0.01 WYNDHAM WORLDWIDE CORP CMN 98310W108 195 6846 SH DEFINED 2 0 6846 0 COM STK USD0.01 WYNN RESORTS LTD COM CMN 983134107 406 3528 SH DEFINED 1 0 3528 0 USD0.01 WYNN RESORTS LTD COM CMN 983134107 3287 28566 SH DEFINED 2 0 28566 0 USD0.01 XEROX CORP COM USD1 CMN 984121103 213 30560 SH SOLE 2 30560 0 0 XILINX INC COM USD0.01 CNV 983919AD3 67276 675797.14 SH SOLE 1 675797.14 0 0 XILINX INC COM USD0.01 CMN 983919101 324 11798 SH SOLE 2 11798 0 0 XINYUAN REAL ESTATE CO CMN 98417P105 2828 1579709 SH SOLE 2 1579709 0 0 L-ADR ADR EACH REPR XL GROUP PLC CLASS'A'COM CMN G98290102 195 10365 SH SOLE 2 10365 0 0 USD0.01 XO COMMUNICATIONS INC CL CMN 983764101 0 336 SH SOLE 1 336 0 0 A YAHOO INC COM USD0.001 CMN 984332106 6839 519317 SH DEFINED 1 0 519317 0 YAHOO INC COM USD0.001 CMN 984332106 133676 10150058 SH DEFINED 2 0 10150058 0 YAHOO INC COM USD0.001 CMN 984332106 2155 163612 SH DEFINED 2 0 163612 0 YAMANA GOLD INC COM NPV CMN 98462Y100 479 35076 SH SOLE 2 35076 0 0 YANDEX NV COM NPV CMN N97284108 457 22359 SH SOLE 2 22359 0 0 YINGLI GREEN ENERG ADR CMN 98584B103 473 152688 SH SOLE 2 152688 0 0 EACH REP 1 ORD SHS YUM! BRANDS INC COM NPV CMN 988498101 821 16613 SH DEFINED 1 0 16613 0 YUM! BRANDS INC COM NPV CMN 988498101 1527 30920 SH DEFINED 2 0 30920 0 ZAGG INC COM USD0.001 CMN 98884U108 102 10310 SH SOLE 2 10310 0 0 ZALICUS INC COM STK CMN 98887C105 52 53100 SH SOLE 2 53100 0 0 USD0.001 ZIMMER HOLDINGS INC COM CMN 98956P102 533 9968 SH SOLE 2 9968 0 0 USD0.01 ZIONS BANCORPORATION COM CMN 989701107 176 12504 SH SOLE 2 12504 0 0 NPV