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

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

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBVIE INC COMMON STOCK 00287Y109 532 8,600 SH   DFND 1,2 8,600 0 0
ACCENTURE PLC CL A COMMON STOCK B4BNMY3 3,111 27,463 SH   DFND 1,2 27,463 0 0
AES CORP (THE) COMMON STOCK 00130H105 49,571 3,972,000 SH   DFND 1,2 3,972,000 0 0
AGIOS PHARMACEUTICALS INC COMMON STOCK 00847X104 6,175 147,400 SH   DFND 1,2 147,400 0 0
ALIBABA GROUP HOLDING LTD ADR COMMON STOCK 01609W102 22,362 281,175 SH   DFND 1,2 281,175 0 0
ALPHABET INC CL A COMMON STOCK 02079K305 6,097 8,666 SH   DFND 1,2 8,666 0 0
ALPHABET INC CL C COMMON STOCK 02079K107 15,558 22,479 SH   DFND 1,2 22,479 0 0
ALTRIA GROUP INC COMMON STOCK 02209S103 2,263 32,820 SH   DFND 1,2 32,820 0 0
AMAZON.COM INC COMMON STOCK 023135106 17,608 24,605 SH   DFND 1,2 24,605 0 0
AMERICA MOVIL SAB DE CV L ADR COMMON STOCK 02364W105 42,677 3,481,000 SH   DFND 1,2 3,481,000 0 0
AMERICAN TOWER CORP (REIT) COMMON STOCK 03027X100 10,052 88,480 SH   DFND 1,2 88,480 0 0
AMERICAN TOWER CORP CV PFD SER B DEP SHS (REP 1/10 5.5% SER B) 02-15-18 (REIT) CONV PREFRD STCK 03027X407 371 3,300 SH   DFND 1,2 3,300 0 0
ANADARKO PETROLEUM CORP COMMON STOCK 032511107 2,242 42,100 SH   DFND 1,2 42,100 0 0
AON PLC CL A COMMON STOCK B5BT0K0 3,670 33,600 SH   DFND 1,2 33,600 0 0
APPLE INC COMMON STOCK 037833100 8,076 84,480 SH   DFND 1,2 84,480 0 0
ARCOS DORADOS HOLDINGS INC CL A COMMON STOCK B529PQ0 5,429 1,138,200 SH   DFND 1,2 1,138,200 0 0
ARTHUR J GALLAGHER & CO COMMON STOCK 363576109 1,042 21,900 SH   DFND 1,2 21,900 0 0
ASML HOLDING NV (USD) COMMON STOCK B908F01 2,979 30,028 SH   DFND 1,2 30,028 0 0
ASTRAZENECA PLC ADR COMMON STOCK 046353108 1,807 59,850 SH   DFND 1,2 59,850 0 0
AT&T INC COMMON STOCK 00206R102 575 13,300 SH   DFND 1,2 13,300 0 0
BANCO BRADESCO SA PN ADR COMMON STOCK 059460303 11,949 1,529,981 SH   DFND 1,2 1,529,981 0 0
BB&T CORPORATION COMMON STOCK 054937107 627 17,600 SH   DFND 1,2 17,600 0 0
BRF SA ON ADR COMMON STOCK 10552T107 1,261 90,500 SH   DFND 1,2 90,500 0 0
BROADCOM LTD COMMON STOCK BD9WQP4 8,679 55,852 SH   DFND 1,2 55,852 0 0
CANADIAN NATIONAL RAILWAY CO (USD) COMMON STOCK 136375102 5,582 94,520 SH   DFND 1,2 94,520 0 0
CANADIAN NATURAL RESOURCES LTD COMMON STOCK 136385101 2,779 90,500 SH   DFND 1,2 90,500 0 0
CATERPILLAR INC COMMON STOCK 149123101 371 4,900 SH   DFND 1,2 4,900 0 0
CBS CORP CL B N/V COMMON STOCK 124857202 4,540 83,400 SH   DFND 1,2 83,400 0 0
CEMEX SAB DE CV CPO UNIT ADR (2 A SHRS + 1 B SHR) COMMON STOCK 151290889 51,124 8,285,852 SH   DFND 1,2 8,285,852 0 0
CENOVUS ENERGY INC COMMON STOCK 15135U109 541 39,300 SH   DFND 1,2 39,300 0 0
CENTURYLINK INC COMMON STOCK 156700106 528 18,200 SH   DFND 1,2 18,200 0 0
CERNER CORPORATION COMMON STOCK 156782104 7,331 125,100 SH   DFND 1,2 125,100 0 0
CHEVRON CORP COMMON STOCK 166764100 7,711 73,554 SH   DFND 1,2 73,554 0 0
CHUBB LTD COMMON STOCK B3BQMF6 4,293 32,840 SH   DFND 1,2 32,840 0 0
CIT GROUP INC COMMON STOCK 125581801 7,521 235,700 SH   DFND 1,2 235,700 0 0
CME GROUP INC CL A COMMON STOCK 12572Q105 21,349 219,190 SH   DFND 1,2 219,190 0 0
CMS ENERGY CORP COMMON STOCK 125896100 651 14,200 SH   DFND 1,2 14,200 0 0
COBALT INTERNATIONAL ENERGY INC COMMON STOCK 19075F106 4,561 3,403,407 SH   DFND 1,2 3,403,407 0 0
COBALT INTL ENERGY INC CV SR UNSEC 2.625% 12-01-19 CORP CONV BOND 19075FAA4 2,551 6,714,000 PRN   DFND 1,2 6,714,000 0 0
COBALT INTL ENERGY INC CV SR UNSEC 3.125% 05-15-24 CORP CONV BOND 19075FAB2 9,667 28,431,000 PRN   DFND 1,2 28,431,000 0 0
COCA-COLA CO COMMON STOCK 191216100 8,066 177,950 SH   DFND 1,2 177,950 0 0
COGNIZANT TECHNOLOGY SOLUTIONS CORP CL A COMMON STOCK 192446102 4,894 85,500 SH   DFND 1,2 85,500 0 0
COMCAST CORP CL A COMMON STOCK 20030N101 5,988 91,850 SH   DFND 1,2 91,850 0 0
CONOCOPHILLIPS COMMON STOCK 20825C104 9,024 206,965 SH   DFND 1,2 206,965 0 0
CORE LABORATORIES COMMON STOCK 2182531 14,916 120,400 SH   DFND 1,2 120,400 0 0
COVANTA HOLDING CORP COMMON STOCK 22282E102 543 33,000 SH   DFND 1,2 33,000 0 0
CREDICORP LTD COMMON STOCK 2232878 7,068 45,800 SH   DFND 1,2 45,800 0 0
CROWN CASTLE INTL CORP (REIT) COMMON STOCK 22822V101 2,018 19,900 SH   DFND 1,2 19,900 0 0
CTRIP.COM INTL ADR COMMON STOCK 22943F100 5,603 136,000 SH   DFND 1,2 136,000 0 0
DANAHER CORP COMMON STOCK 235851102 15,933 157,750 SH   DFND 1,2 157,750 0 0
DAVITA HEALTHCARE PARTNERS INC COMMON STOCK 23918K108 3,057 39,540 SH   DFND 1,2 39,540 0 0
DOW CHEMICAL CO COMMON STOCK 260543103 353 7,100 SH   DFND 1,2 7,100 0 0
DUKE ENERGY CORP COMMON STOCK 26441C204 969 11,300 SH   DFND 1,2 11,300 0 0
EATON CORP PLC COMMON STOCK B8KQN82 12,368 207,066 SH   DFND 1,2 207,066 0 0
ELI LILLY AND CO COMMON STOCK 532457108 9,523 120,921 SH   DFND 1,2 120,921 0 0
ENBRIDGE INC COMMON STOCK 29250N105 11,772 279,270 SH   DFND 1,2 279,270 0 0
ENERSIS AMERICAS SA ADR COMMON STOCK 29274F104 13,302 1,550,325 SH   DFND 1,2 1,550,325 0 0
ENERSIS CHILE SA ADR COMMON STOCK 29278D105 9,038 1,550,325 SH   DFND 1,2 1,550,325 0 0
ENSCO PLC CL A COMMON STOCK B4VLR19 5,189 534,350 SH   DFND 1,2 534,350 0 0
EOG RESOURCES INC COMMON STOCK 26875P101 7,091 85,000 SH   DFND 1,2 85,000 0 0
EXXON MOBIL CORP COMMON STOCK 30231G102 8,362 89,200 SH   DFND 1,2 89,200 0 0
FREEPORT-MCMORAN INC COMMON STOCK 35671D857 2,270 203,774 SH   DFND 1,2 203,774 0 0
GANNETT CO INC COMMON STOCK 36473H104 427 30,900 SH   DFND 1,2 30,900 0 0
GENERAL ELECTRIC CO COMMON STOCK 369604103 907 28,800 SH   DFND 1,2 28,800 0 0
GERDAU SA PN ADR COMMON STOCK 373737105 595 327,000 SH   DFND 1,2 327,000 0 0
GILEAD SCIENCES INC COMMON STOCK 375558103 7,750 92,900 SH   DFND 1,2 92,900 0 0
GOLAR LNG LTD (USD) COMMON STOCK 2367963 4,514 291,200 SH   DFND 1,2 291,200 0 0
GOLDMAN SACHS GROUP INC COMMON STOCK 38141G104 15,387 103,561 SH   DFND 1,2 103,561 0 0
GRANA Y MONTERO SAA ADR COMMON STOCK 38500P208 1,801 252,200 SH   DFND 1,2 252,200 0 0
HALLIBURTON CO COMMON STOCK 406216101 2,858 63,105 SH   DFND 1,2 63,105 0 0
HELMERICH & PAYNE COMMON STOCK 423452101 577 8,600 SH   DFND 1,2 8,600 0 0
HEXCEL CORPORATION COMMON STOCK 428291108 8,053 193,400 SH   DFND 1,2 193,400 0 0
HOME DEPOT INC COMMON STOCK 437076102 2,401 18,800 SH   DFND 1,2 18,800 0 0
HP INC COMMON STOCK 40434L105 659 52,500 SH   DFND 1,2 52,500 0 0
ICICI BANK LTD ADR COMMON STOCK 45104G104 4,106 571,800 SH   DFND 1,2 571,800 0 0
IDEX CORP COMMON STOCK 45167R104 2,222 27,062 SH   DFND 1,2 27,062 0 0
ILLUMINA INC COMMON STOCK 452327109 6,905 49,185 SH   DFND 1,2 49,185 0 0
INCYTE CORP COMMON STOCK 45337C102 19,446 243,131 SH   DFND 1,2 243,131 0 0
INTERCONTINENTAL EXCHANGE INC COMMON STOCK 45866F104 6,348 24,800 SH   DFND 1,2 24,800 0 0
INTERNATIONAL BUSINESS MACHINES CORP COMMON STOCK 459200101 1,346 8,870 SH   DFND 1,2 8,870 0 0
INVESCO LTD COMMON STOCK B28XP76 335 13,100 SH   DFND 1,2 13,100 0 0
IRON MOUNTAIN INC (REIT) COMMON STOCK 46284V101 2,154 54,071 SH   DFND 1,2 54,071 0 0
ITAU UNIBANCO HOLDING SA PN ADR COMMON STOCK 465562106 15,101 1,599,722 SH   DFND 1,2 1,599,722 0 0
JD.COM INC A ADR COMMON STOCK 47215P106 20,414 961,550 SH   DFND 1,2 961,550 0 0
JOHNSON & JOHNSON COMMON STOCK 478160104 4,791 39,500 SH   DFND 1,2 39,500 0 0
JPMORGAN CHASE & CO COMMON STOCK 46625H100 6,979 112,307 SH   DFND 1,2 112,307 0 0
LAMAR ADVERTISING CO CL A (REIT) COMMON STOCK 512816109 305 4,600 SH   DFND 1,2 4,600 0 0
LAS VEGAS SANDS CORP COMMON STOCK 517834107 2,538 58,350 SH   DFND 1,2 58,350 0 0
LIBERTY GLOBAL PLC - LILAC CL A COMMON STOCK BTC0M71 781 24,215 SH   DFND 1,2 24,215 0 0
LIBERTY GLOBAL PLC - LILAC CL C (NON-VOTING) COMMON STOCK BTC0MD7 30 926 SH   DFND 1,2 926 0 0
LIBERTY GLOBAL PLC CL A COMMON STOCK B8W6766 5,641 194,109 SH   DFND 1,2 194,109 0 0
LIBERTY GLOBAL PLC CL C (NON-VOTING) COMMON STOCK B8W67B1 213 7,423 SH   DFND 1,2 7,423 0 0
LULULEMON ATHLETICA INC COMMON STOCK 550021109 6,352 86,000 SH   DFND 1,2 86,000 0 0
LYONDELLBASELL INDUSTRIES NV COMMON STOCK B3SPXZ3 402 5,400 SH   DFND 1,2 5,400 0 0
MARSH & MCLENNAN COMPANIES INC COMMON STOCK 571748102 6,661 97,300 SH   DFND 1,2 97,300 0 0
MEDTRONIC PLC COMMON STOCK BTN1Y11 6,907 79,600 SH   DFND 1,2 79,600 0 0
MELCO CROWN ENTERTAINMENT LTD ADR COMMON STOCK 585464100 11,225 892,300 SH   DFND 1,2 892,300 0 0
MERCADOLIBRE INC COMMON STOCK 58733R102 24,223 172,200 SH   DFND 1,2 172,200 0 0
MERCURY GENERAL CORP COMMON STOCK 589400100 650 12,220 SH   DFND 1,2 12,220 0 0
MICROSOFT CORP COMMON STOCK 594918104 22,897 447,460 SH   DFND 1,2 447,460 0 0
MONDELEZ INTERNATIONAL INC COMMON STOCK 609207105 4,569 100,400 SH   DFND 1,2 100,400 0 0
MONSANTO CO COMMON STOCK 61166W101 9,596 92,800 SH   DFND 1,2 92,800 0 0
MOODYS CORP COMMON STOCK 615369105 4,550 48,550 SH   DFND 1,2 48,550 0 0
MOSAIC COMPANY (THE) COMMON STOCK 61945C103 120 4,600 SH   DFND 1,2 4,600 0 0
NETAPP INC COMMON STOCK 64110D104 1,340 54,500 SH   DFND 1,2 54,500 0 0
NEW ORIENTAL EDU & TECH GRP INC ADR COMMON STOCK 647581107 2,056 49,100 SH   DFND 1,2 49,100 0 0
NEW YORK COMMUNITY BANCORP INC COMMON STOCK 649445103 186 12,400 SH   DFND 1,2 12,400 0 0
NEWELL BRANDS INC COMMON STOCK 651229106 8,449 173,955 SH   DFND 1,2 173,955 0 0
NIELSEN HOLDINGS PLC COMMON STOCK BWFY550 14,993 288,500 SH   DFND 1,2 288,500 0 0
NII HOLDINGS INC COMMON STOCK 62913F508 1,444 454,029 SH   DFND 1,2 454,029 0 0
NIKE INC CL B COMMON STOCK 654106103 2,396 43,400 SH   DFND 1,2 43,400 0 0
NOBLE ENERGY INC COMMON STOCK 655044105 4,792 133,593 SH   DFND 1,2 133,593 0 0
NORFOLK SOUTHERN CORP COMMON STOCK 655844108 366 4,300 SH   DFND 1,2 4,300 0 0
NORWEGIAN CRUISE LINE HOLDINGS LTD COMMON STOCK B9CGTC3 2,255 56,600 SH   DFND 1,2 56,600 0 0
NOVARTIS AG NAMEN ADR COMMON STOCK 66987V109 96 1,165 SH   DFND 1,2 1,165 0 0
NUCOR CORP COMMON STOCK 670346105 367 7,425 SH   DFND 1,2 7,425 0 0
OCCIDENTAL PETROLEUM CORP COMMON STOCK 674599105 8,142 107,750 SH   DFND 1,2 107,750 0 0
ON SEMICONDUCTOR CORP COMMON STOCK 682189105 4,748 538,310 SH   DFND 1,2 538,310 0 0
PACWEST BANCORP COMMON STOCK 695263103 823 20,700 SH   DFND 1,2 20,700 0 0
PAYCHEX INC COMMON STOCK 704326107 1,369 23,000 SH   DFND 1,2 23,000 0 0
PEPSICO INC COMMON STOCK 713448108 2,405 22,700 SH   DFND 1,2 22,700 0 0
PFIZER INC COMMON STOCK 717081103 2,725 77,400 SH   DFND 1,2 77,400 0 0
PG&E CORP COMMON STOCK 69331C108 237 3,700 SH   DFND 1,2 3,700 0 0
PHILIP MORRIS INTERNATIONAL COMMON STOCK 718172109 21,765 213,966 SH   DFND 1,2 213,966 0 0
POTASH CORP OF SASKATCHEWAN INC COMMON STOCK 73755L107 1,973 121,700 SH   DFND 1,2 121,700 0 0
PRAXAIR INC COMMON STOCK 74005P104 1,708 15,200 SH   DFND 1,2 15,200 0 0
PRICELINE GROUP INC (THE) COMMON STOCK 741503403 12,931 10,358 SH   DFND 1,2 10,358 0 0
PROCTER & GAMBLE CO COMMON STOCK 742718109 6,159 72,742 SH   DFND 1,2 72,742 0 0
REYNOLDS AMERICAN INC COMMON STOCK 761713106 593 11,000 SH   DFND 1,2 11,000 0 0
ROYAL CARIBBEAN CRUISES LTD COMMON STOCK 2754907 10,778 160,500 SH   DFND 1,2 160,500 0 0
ROYAL DUTCH SHELL PLC B ADR COMMON STOCK 780259107 1,120 20,000 SH   DFND 1,2 20,000 0 0
RYANAIR HOLDINGS PLC ADR COMMON STOCK 783513203 6,782 97,520 SH   DFND 1,2 97,520 0 0
SCHLUMBERGER LTD COMMON STOCK 806857108 17,445 220,600 SH   DFND 1,2 220,600 0 0
SEADRILL LTD COMMON STOCK B09RMQ1 1,745 545,778 SH   DFND 1,2 545,778 0 0
SEADRILL LTD (USD) COMMON STOCK B0HWHV8 546 168,628 SH   DFND 1,2 168,628 0 0
SEMPRA ENERGY COMMON STOCK 816851109 4,763 41,775 SH   DFND 1,2 41,775 0 0
ST JUDE MEDICAL COMMON STOCK 790849103 5,656 72,515 SH   DFND 1,2 72,515 0 0
STARBUCKS CORP COMMON STOCK 855244109 12,249 214,451 SH   DFND 1,2 214,451 0 0
SYNCHRONY FINANCIAL COMMON STOCK 87165B103 3,645 144,200 SH   DFND 1,2 144,200 0 0
TABLEAU SOFTWARE INC CL A COMMON STOCK 87336U105 3,390 69,300 SH   DFND 1,2 69,300 0 0
TAIWAN SEMICONDUCTOR MFG CO ADR COMMON STOCK 874039100 17,136 653,300 SH   DFND 1,2 653,300 0 0
TENARIS SA ADR COMMON STOCK 88031M109 12,070 418,500 SH   DFND 1,2 418,500 0 0
TEXAS INSTRUMENTS INC COMMON STOCK 882508104 3,453 55,110 SH   DFND 1,2 55,110 0 0
TRANSDIGM GROUP INC COMMON STOCK 893641100 6,719 25,480 SH   DFND 1,2 25,480 0 0
TRIMBLE NAVIGATION LTD COMMON STOCK 896239100 1,966 80,700 SH   DFND 1,2 80,700 0 0
UBS GROUP AG COMMON STOCK BRJL176 5,662 438,870 SH   DFND 1,2 438,870 0 0
UMPQUA HOLDINGS CORP COMMON STOCK 904214103 1,494 96,600 SH   DFND 1,2 96,600 0 0
UNION PACIFIC CORP COMMON STOCK 907818108 4,906 56,225 SH   DFND 1,2 56,225 0 0
VALE SA PNA ADR COMMON STOCK 91912E204 53,459 13,331,500 SH   DFND 1,2 13,331,500 0 0
VERISIGN INC COMMON STOCK 92343E102 7,658 88,575 SH   DFND 1,2 88,575 0 0
VERIZON COMMUNICATIONS INC COMMON STOCK 92343V104 5,225 93,579 SH   DFND 1,2 93,579 0 0
VIACOM INC CL B COMMON STOCK 92553P201 614 14,800 SH   DFND 1,2 14,800 0 0
VISA INC CL A COMMON STOCK 92826C839 21,005 283,200 SH   DFND 1,2 283,200 0 0
WALT DISNEY COMPANY (THE) COMMON STOCK 254687106 5,850 59,800 SH   DFND 1,2 59,800 0 0
WEATHERFORD INTERNATIONAL PLC COMMON STOCK BLNN369 1,188 214,000 SH   DFND 1,2 214,000 0 0
WEATHERFORD INTERNATIONAL PLC CV SR UNSEC 5.875% 07-01-21 CORP CONV BOND 947075AH0 10,260 9,418,000 PRN   DFND 1,2 9,418,000 0 0
WELLS FARGO & CO COMMON STOCK 949746101 11,131 235,187 SH   DFND 1,2 235,187 0 0
WHIRLPOOL CORP COMMON STOCK 963320106 1,750 10,500 SH   DFND 1,2 10,500 0 0
WYNN RESORTS LTD COMMON STOCK 983134107 7,469 82,400 SH   DFND 1,2 82,400 0 0
XILINX INC COMMON STOCK 983919101 8,179 177,300 SH   DFND 1,2 177,300 0 0
YANDEX NV A COMMON STOCK B5BSZB3 29,091 1,331,391 SH   DFND 1,2 1,331,391 0 0
YANDEX NV CV SR UNSEC 1.125% 12-15-18 CORP CONV BOND 98474TAB3 9,474 10,112,000 PRN   DFND 1,2 10,112,000 0 0
YPF SOCIEDAD ANONIMA D ADR COMMON STOCK 984245100 17,084 889,800 SH   DFND 1,2 889,800 0 0
YUM! BRANDS INC COMMON STOCK 988498101 1,841 22,200 SH   DFND 1,2 22,200 0 0