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 542 8,600 SH   DFND 1,2 8,600 0 0
ACCENTURE PLC CL A COMMON STOCK B4BNMY3 2,182 17,863 SH   DFND 1,2 17,863 0 0
AES CORP (THE) COMMON STOCK 00130H105 51,845 4,034,600 SH   DFND 1,2 4,034,600 0 0
AGIOS PHARMACEUTICALS INC COMMON STOCK 00847X104 7,786 147,400 SH   DFND 1,2 147,400 0 0
ALIBABA GROUP HOLDING LTD ADR COMMON STOCK 01609W102 54,871 518,675 SH   DFND 1,2 518,675 0 0
ALPHABET INC CL A COMMON STOCK 02079K305 6,888 8,566 SH   DFND 1,2 8,566 0 0
ALPHABET INC CL C COMMON STOCK 02079K107 15,763 20,279 SH   DFND 1,2 20,279 0 0
ALTRIA GROUP INC COMMON STOCK 02209S103 2,075 32,820 SH   DFND 1,2 32,820 0 0
AMAZON.COM INC COMMON STOCK 023135106 13,317 15,905 SH   DFND 1,2 15,905 0 0
AMERICA MOVIL SAB DE CV L ADR COMMON STOCK 02364W105 44,097 3,854,600 SH   DFND 1,2 3,854,600 0 0
AMERICAN TOWER CORP (REIT) COMMON STOCK 03027X100 9,041 79,780 SH   DFND 1,2 79,780 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 1,195 10,900 SH   DFND 1,2 10,900 0 0
ANADARKO PETROLEUM CORP COMMON STOCK 032511107 2,667 42,100 SH   DFND 1,2 42,100 0 0
AON PLC CL A COMMON STOCK B5BT0K0 3,780 33,600 SH   DFND 1,2 33,600 0 0
APPLE INC COMMON STOCK 037833100 9,550 84,480 SH   DFND 1,2 84,480 0 0
ARTHUR J GALLAGHER & CO COMMON STOCK 363576109 1,114 21,900 SH   DFND 1,2 21,900 0 0
ASML HOLDING NV (USD) COMMON STOCK B908F01 3,290 30,028 SH   DFND 1,2 30,028 0 0
ASTRAZENECA PLC ADR COMMON STOCK 046353108 2,157 65,650 SH   DFND 1,2 65,650 0 0
AT&T INC COMMON STOCK 00206R102 662 16,300 SH   DFND 1,2 16,300 0 0
BANCO BRADESCO SA PN ADR COMMON STOCK 059460303 14,294 1,575,981 SH   DFND 1,2 1,575,981 0 0
BB&T CORPORATION COMMON STOCK 054937107 845 22,400 SH   DFND 1,2 22,400 0 0
BRF SA ON ADR COMMON STOCK 10552T107 1,817 106,500 SH   DFND 1,2 106,500 0 0
BROADCOM LTD COMMON STOCK BD9WQP4 8,721 50,552 SH   DFND 1,2 50,552 0 0
CANADIAN NATIONAL RAILWAY CO (USD) COMMON STOCK 136375102 6,182 94,520 SH   DFND 1,2 94,520 0 0
CANADIAN NATURAL RESOURCES LTD COMMON STOCK 136385101 2,260 70,800 SH   DFND 1,2 70,800 0 0
CATERPILLAR INC COMMON STOCK 149123101 435 4,900 SH   DFND 1,2 4,900 0 0
CBS CORP CL B N/V COMMON STOCK 124857202 6,509 118,900 SH   DFND 1,2 118,900 0 0
CEMEX SAB DE CV CPO UNIT ADR (2 A SHRS + 1 B SHR) COMMON STOCK 151290889 33,248 4,187,393 SH   DFND 1,2 4,187,393 0 0
CENOVUS ENERGY INC COMMON STOCK 15135U109 390 27,200 SH   DFND 1,2 27,200 0 0
CENTURYLINK INC COMMON STOCK 156700106 499 18,200 SH   DFND 1,2 18,200 0 0
CERNER CORPORATION COMMON STOCK 156782104 7,725 125,100 SH   DFND 1,2 125,100 0 0
CH ROBINSON WORLDWIDE INC COMMON STOCK 12541W209 345 4,900 SH   DFND 1,2 4,900 0 0
CHEVRON CORP COMMON STOCK 166764100 8,270 80,354 SH   DFND 1,2 80,354 0 0
CHUBB LTD COMMON STOCK B3BQMF6 3,146 25,040 SH   DFND 1,2 25,040 0 0
CIT GROUP INC COMMON STOCK 125581801 8,556 235,700 SH   DFND 1,2 235,700 0 0
CME GROUP INC CL A COMMON STOCK 12572Q105 22,471 214,990 SH   DFND 1,2 214,990 0 0
CMS ENERGY CORP COMMON STOCK 125896100 597 14,200 SH   DFND 1,2 14,200 0 0
COBALT INTERNATIONAL ENERGY INC COMMON STOCK 19075F106 3,493 2,817,307 SH   DFND 1,2 2,817,307 0 0
COBALT INTL ENERGY INC CV SR UNSEC 2.625% 12-01-19 CORP CONV BOND 19075FAA4 3,449 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 11,088 28,431,000 PRN   DFND 1,2 28,431,000 0 0
COCA-COLA CO COMMON STOCK 191216100 7,785 183,950 SH   DFND 1,2 183,950 0 0
COGNIZANT TECHNOLOGY SOLUTIONS CORP CL A COMMON STOCK 192446102 4,079 85,500 SH   DFND 1,2 85,500 0 0
COMCAST CORP CL A COMMON STOCK 20030N101 6,093 91,850 SH   DFND 1,2 91,850 0 0
CONOCOPHILLIPS COMMON STOCK 20825C104 6,949 159,865 SH   DFND 1,2 159,865 0 0
CORE LABORATORIES COMMON STOCK 2182531 12,323 109,700 SH   DFND 1,2 109,700 0 0
COVANTA HOLDING CORP COMMON STOCK 22282E102 534 34,700 SH   DFND 1,2 34,700 0 0
CREDICORP LTD COMMON STOCK 2232878 14,765 97,000 SH   DFND 1,2 97,000 0 0
CROWN CASTLE INTL CORP (REIT) COMMON STOCK 22822V101 2,148 22,800 SH   DFND 1,2 22,800 0 0
CTRIP.COM INTL ADR COMMON STOCK 22943F100 6,781 145,600 SH   DFND 1,2 145,600 0 0
DANAHER CORP COMMON STOCK 235851102 12,366 157,750 SH   DFND 1,2 157,750 0 0
DAVITA INC COMMON STOCK 23918K108 2,612 39,540 SH   DFND 1,2 39,540 0 0
DOW CHEMICAL CO COMMON STOCK 260543103 368 7,100 SH   DFND 1,2 7,100 0 0
DUKE ENERGY CORP COMMON STOCK 26441C204 368 4,600 SH   DFND 1,2 4,600 0 0
EATON CORP PLC COMMON STOCK B8KQN82 12,450 189,466 SH   DFND 1,2 189,466 0 0
ELI LILLY AND CO COMMON STOCK 532457108 6,695 83,421 SH   DFND 1,2 83,421 0 0
ENBRIDGE INC COMMON STOCK 29250N105 16,663 379,770 SH   DFND 1,2 379,770 0 0
ENERSIS AMERICAS SA ADR COMMON STOCK 29274F104 11,369 1,388,125 SH   DFND 1,2 1,388,125 0 0
ENERSIS CHILE SA ADR COMMON STOCK 29278D105 6,234 1,312,325 SH   DFND 1,2 1,312,325 0 0
ENSCO PLC CL A COMMON STOCK B4VLR19 4,542 534,350 SH   DFND 1,2 534,350 0 0
EOG RESOURCES INC COMMON STOCK 26875P101 8,220 85,000 SH   DFND 1,2 85,000 0 0
EXXON MOBIL CORP COMMON STOCK 30231G102 7,916 90,700 SH   DFND 1,2 90,700 0 0
FREEPORT-MCMORAN INC COMMON STOCK 35671D857 2,213 203,774 SH   DFND 1,2 203,774 0 0
GANNETT CO INC COMMON STOCK 36473H104 406 34,900 SH   DFND 1,2 34,900 0 0
GENERAL ELECTRIC CO COMMON STOCK 369604103 998 33,700 SH   DFND 1,2 33,700 0 0
GERDAU SA PN ADR COMMON STOCK 373737105 889 327,000 SH   DFND 1,2 327,000 0 0
GILEAD SCIENCES INC COMMON STOCK 375558103 3,682 46,540 SH   DFND 1,2 46,540 0 0
GOLAR LNG LTD (USD) COMMON STOCK 2367963 6,173 291,200 SH   DFND 1,2 291,200 0 0
GOLDMAN SACHS GROUP INC COMMON STOCK 38141G104 6,331 39,260 SH   DFND 1,2 39,260 0 0
GRANA Y MONTERO SAA ADR COMMON STOCK 38500P208 2,103 252,200 SH   DFND 1,2 252,200 0 0
HALLIBURTON CO COMMON STOCK 406216101 2,832 63,105 SH   DFND 1,2 63,105 0 0
HELMERICH & PAYNE COMMON STOCK 423452101 693 10,300 SH   DFND 1,2 10,300 0 0
HEXCEL CORPORATION COMMON STOCK 428291108 7,513 169,600 SH   DFND 1,2 169,600 0 0
HOME DEPOT INC COMMON STOCK 437076102 1,763 13,700 SH   DFND 1,2 13,700 0 0
HP INC COMMON STOCK 40434L105 968 62,300 SH   DFND 1,2 62,300 0 0
ICICI BANK LTD ADR COMMON STOCK 45104G104 3,917 524,400 SH   DFND 1,2 524,400 0 0
IDEX CORP COMMON STOCK 45167R104 2,532 27,062 SH   DFND 1,2 27,062 0 0
ILLUMINA INC COMMON STOCK 452327109 5,698 31,365 SH   DFND 1,2 31,365 0 0
INCYTE CORP COMMON STOCK 45337C102 19,087 202,431 SH   DFND 1,2 202,431 0 0
INTERCONTINENTAL EXCHANGE INC COMMON STOCK 45866F104 4,875 18,100 SH   DFND 1,2 18,100 0 0
INTERNATIONAL BUSINESS MACHINES CORP COMMON STOCK 459200101 1,409 8,870 SH   DFND 1,2 8,870 0 0
INVESCO LTD COMMON STOCK B28XP76 410 13,100 SH   DFND 1,2 13,100 0 0
IRON MOUNTAIN INC (REIT) COMMON STOCK 46284V101 2,048 54,571 SH   DFND 1,2 54,571 0 0
ITAU UNIBANCO HOLDING SA PN ADR COMMON STOCK 465562106 17,501 1,599,719 SH   DFND 1,2 1,599,719 0 0
JD.COM INC A ADR COMMON STOCK 47215P106 29,535 1,132,050 SH   DFND 1,2 1,132,050 0 0
JOHNSON & JOHNSON COMMON STOCK 478160104 4,666 39,500 SH   DFND 1,2 39,500 0 0
JPMORGAN CHASE & CO COMMON STOCK 46625H100 3,656 54,907 SH   DFND 1,2 54,907 0 0
KITE PHARMA INC COMMON STOCK 49803L109 1,067 19,100 SH   DFND 1,2 19,100 0 0
LAMAR ADVERTISING CO CL A (REIT) COMMON STOCK 512816109 784 12,000 SH   DFND 1,2 12,000 0 0
LAS VEGAS SANDS CORP COMMON STOCK 517834107 3,812 66,250 SH   DFND 1,2 66,250 0 0
LIBERTY GLOBAL PLC CL A COMMON STOCK B8W6766 4,416 129,209 SH   DFND 1,2 129,209 0 0
LIBERTY GLOBAL PLC CL C (NON-VOTING) COMMON STOCK B8W67B1 245 7,423 SH   DFND 1,2 7,423 0 0
LULULEMON ATHLETICA INC COMMON STOCK 550021109 3,756 61,600 SH   DFND 1,2 61,600 0 0
LYONDELLBASELL INDUSTRIES NV COMMON STOCK B3SPXZ3 436 5,400 SH   DFND 1,2 5,400 0 0
MARSH & MCLENNAN COMPANIES INC COMMON STOCK 571748102 5,723 85,100 SH   DFND 1,2 85,100 0 0
MEDTRONIC PLC COMMON STOCK BTN1Y11 6,877 79,600 SH   DFND 1,2 79,600 0 0
MERCADOLIBRE INC COMMON STOCK 58733R102 34,404 186,000 SH   DFND 1,2 186,000 0 0
MERCURY GENERAL CORP COMMON STOCK 589400100 698 12,720 SH   DFND 1,2 12,720 0 0
MICROSOFT CORP COMMON STOCK 594918104 26,010 451,560 SH   DFND 1,2 451,560 0 0
MONDELEZ INTERNATIONAL INC COMMON STOCK 609207105 4,601 104,800 SH   DFND 1,2 104,800 0 0
MONSANTO CO COMMON STOCK 61166W101 7,849 76,800 SH   DFND 1,2 76,800 0 0
MOODYS CORP COMMON STOCK 615369105 5,257 48,550 SH   DFND 1,2 48,550 0 0
NETAPP INC COMMON STOCK 64110D104 1,598 44,600 SH   DFND 1,2 44,600 0 0
NEW ORIENTAL EDU & TECH GRP INC ADR COMMON STOCK 647581107 12,406 267,600 SH   DFND 1,2 267,600 0 0
NEW YORK COMMUNITY BANCORP INC COMMON STOCK 649445103 672 47,200 SH   DFND 1,2 47,200 0 0
NEWELL BRANDS INC COMMON STOCK 651229106 3,845 73,015 SH   DFND 1,2 73,015 0 0
NIELSEN HOLDINGS PLC COMMON STOCK BWFY550 13,789 257,400 SH   DFND 1,2 257,400 0 0
NII HOLDINGS INC COMMON STOCK 62913F508 1,512 454,029 SH   DFND 1,2 454,029 0 0
NIKE INC CL B COMMON STOCK 654106103 2,285 43,400 SH   DFND 1,2 43,400 0 0
NOBLE ENERGY INC COMMON STOCK 655044105 4,675 130,793 SH   DFND 1,2 130,793 0 0
NORFOLK SOUTHERN CORP COMMON STOCK 655844108 544 5,600 SH   DFND 1,2 5,600 0 0
NORWEGIAN CRUISE LINE HOLDINGS LTD COMMON STOCK B9CGTC3 2,134 56,600 SH   DFND 1,2 56,600 0 0
NOVARTIS AG NAMEN ADR COMMON STOCK 66987V109 92 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 8,061 110,550 SH   DFND 1,2 110,550 0 0
ON SEMICONDUCTOR CORP COMMON STOCK 682189105 6,807 552,510 SH   DFND 1,2 552,510 0 0
PACWEST BANCORP COMMON STOCK 695263103 558 13,000 SH   DFND 1,2 13,000 0 0
PAYCHEX INC COMMON STOCK 704326107 1,331 23,000 SH   DFND 1,2 23,000 0 0
PEPSICO INC COMMON STOCK 713448108 1,871 17,200 SH   DFND 1,2 17,200 0 0
PFIZER INC COMMON STOCK 717081103 3,262 96,300 SH   DFND 1,2 96,300 0 0
PG&E CORP COMMON STOCK 69331C108 336 5,500 SH   DFND 1,2 5,500 0 0
PHILIP MORRIS INTERNATIONAL COMMON STOCK 718172109 20,063 206,366 SH   DFND 1,2 206,366 0 0
POTASH CORP OF SASKATCHEWAN INC (USD) COMMON STOCK 73755L107 1,089 66,700 SH   DFND 1,2 66,700 0 0
PRAXAIR INC COMMON STOCK 74005P104 1,837 15,200 SH   DFND 1,2 15,200 0 0
PRICELINE GROUP INC (THE) COMMON STOCK 741503403 15,242 10,358 SH   DFND 1,2 10,358 0 0
PROCTER & GAMBLE CO COMMON STOCK 742718109 3,101 34,550 SH   DFND 1,2 34,550 0 0
REYNOLDS AMERICAN INC COMMON STOCK 761713106 486 10,300 SH   DFND 1,2 10,300 0 0
ROYAL CARIBBEAN CRUISES LTD COMMON STOCK 2754907 12,659 168,900 SH   DFND 1,2 168,900 0 0
ROYAL DUTCH SHELL PLC A ADR COMMON STOCK 780259206 9 170 SH   DFND 1,2 170 0 0
ROYAL DUTCH SHELL PLC B ADR COMMON STOCK 780259107 1,057 20,000 SH   DFND 1,2 20,000 0 0
RYANAIR HOLDINGS PLC ADR COMMON STOCK 783513203 8,330 111,020 SH   DFND 1,2 111,020 0 0
SCHLUMBERGER LTD COMMON STOCK 806857108 16,735 212,800 SH   DFND 1,2 212,800 0 0
SEADRILL LTD COMMON STOCK B09RMQ1 1,319 545,778 SH   DFND 1,2 545,778 0 0
SEADRILL LTD (USD) COMMON STOCK B0HWHV8 400 168,628 SH   DFND 1,2 168,628 0 0
SEMPRA ENERGY COMMON STOCK 816851109 4,874 45,475 SH   DFND 1,2 45,475 0 0
ST JUDE MEDICAL COMMON STOCK 790849103 4,651 58,315 SH   DFND 1,2 58,315 0 0
STARBUCKS CORP COMMON STOCK 855244109 9,331 172,351 SH   DFND 1,2 172,351 0 0
SYNCHRONY FINANCIAL COMMON STOCK 87165B103 3,088 110,300 SH   DFND 1,2 110,300 0 0
TABLEAU SOFTWARE INC CL A COMMON STOCK 87336U105 3,830 69,300 SH   DFND 1,2 69,300 0 0
TAIWAN SEMICONDUCTOR MFG CO ADR COMMON STOCK 874039100 20,061 655,800 SH   DFND 1,2 655,800 0 0
TENARIS SA ADR COMMON STOCK 88031M109 11,885 418,500 SH   DFND 1,2 418,500 0 0
TEXAS INSTRUMENTS INC COMMON STOCK 882508104 4,022 57,310 SH   DFND 1,2 57,310 0 0
TRANSDIGM GROUP INC COMMON STOCK 893641100 7,806 27,000 SH   DFND 1,2 27,000 0 0
TRIMBLE INC COMMON STOCK 896239100 3,561 124,700 SH   DFND 1,2 124,700 0 0
UBS GROUP AG COMMON STOCK BRJL176 5,989 438,870 SH   DFND 1,2 438,870 0 0
ULTRAGENYX PHARMACEUTICAL INC COMMON STOCK 90400D108 6,048 85,250 SH   DFND 1,2 85,250 0 0
UMPQUA HOLDINGS CORP COMMON STOCK 904214103 1,454 96,600 SH   DFND 1,2 96,600 0 0
UNION PACIFIC CORP COMMON STOCK 907818108 5,484 56,225 SH   DFND 1,2 56,225 0 0
VALE SA PNA ADR COMMON STOCK 91912E204 59,086 12,544,700 SH   DFND 1,2 12,544,700 0 0
VERISIGN INC COMMON STOCK 92343E102 1,962 25,075 SH   DFND 1,2 25,075 0 0
VERIZON COMMUNICATIONS INC COMMON STOCK 92343V104 5,223 100,479 SH   DFND 1,2 100,479 0 0
VIACOM INC CL B COMMON STOCK 92553P201 617 16,200 SH   DFND 1,2 16,200 0 0
VISA INC CL A COMMON STOCK 92826C839 21,800 263,600 SH   DFND 1,2 263,600 0 0
WALT DISNEY COMPANY (THE) COMMON STOCK 254687106 5,553 59,800 SH   DFND 1,2 59,800 0 0
WEATHERFORD INTERNATIONAL PLC COMMON STOCK BLNN369 1,203 214,000 SH   DFND 1,2 214,000 0 0
WEATHERFORD INTERNATIONAL PLC CV SR UNSEC 5.875% 07-01-21 CORP CONV BOND 947075AH0 10,589 9,418,000 PRN   DFND 1,2 9,418,000 0 0
WELLS FARGO & CO COMMON STOCK 949746101 7,430 167,787 SH   DFND 1,2 167,787 0 0
WHIRLPOOL CORP COMMON STOCK 963320106 1,411 8,700 SH   DFND 1,2 8,700 0 0
WYNN RESORTS LTD COMMON STOCK 983134107 6,839 70,200 SH   DFND 1,2 70,200 0 0
XILINX INC COMMON STOCK 983919101 9,732 179,100 SH   DFND 1,2 179,100 0 0
YANDEX NV A COMMON STOCK B5BSZB3 16,427 780,391 SH   DFND 1,2 780,391 0 0
YANDEX NV CV SR UNSEC 1.125% 12-15-18 CORP CONV BOND 98474TAB3 9,676 10,112,000 PRN   DFND 1,2 10,112,000 0 0
YPF SOCIEDAD ANONIMA D ADR COMMON STOCK 984245100 15,077 827,500 SH   DFND 1,2 827,500 0 0
YUM! BRANDS INC COMMON STOCK 988498101 2,152 23,700 SH   DFND 1,2 23,700 0 0