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
1ST UNITED BANCORP INC FLA COM 33740N105 2,833 328,648 SH   SOLE   328,648 0 0
500 COM LTD SPON ADR REP A 33829R100 1,668 45,088 SH   SOLE   45,088 0 0
ALLERGAN INC COM 018490102 8,918 52,700 SH   SOLE   52,700 0 0
AMBEV SA SPONSORED ADR 02319V103 1,232 175,000 SH   SOLE   175,000 0 0
AMER RLTY CAP HEALTHCAR TR I COM 02917R108 26,681 2,450,000 SH   SOLE   2,450,000 0 0
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 18,487 890,923 SH   SOLE   890,923 0 0
AMERICAN EAGLE OUTFITTERS NE COM 02553E106 8,798 784,100 SH   SOLE   784,100 0 0
AMERICAN RLTY CAP PPTYS INC COM 02917T104 922 73,606 SH   SOLE   73,606 0 0
APPLE INC COM 037833100 24,589 264,600 SH   SOLE   264,600 0 0
ATLAS ENERGY LP COM UNITS LP 04930A104 6,077 135,410 SH   SOLE   135,410 0 0
ATLAS RESOURCE PARTNERS LP COM UNT LTD PR 04941A101 446 21,993 SH   SOLE   21,993 0 0
BAIDU INC SPON ADR REP A 056752108 934 5,000 SH   SOLE   5,000 0 0
BANCO BRADESCO S A SP ADR PFD NEW 059460303 2,371 163,260 SH   SOLE   163,260 0 0
BANCO SANTANDER CHILE NEW SP ADR REP COM 05965X109 344 12,987 SH   SOLE   12,987 0 0
BARCLAYS BK PLC IPMS INDIA ETN 06739F291 10,623 154,254 SH   SOLE   154,254 0 0
BRF SA SPONSORED ADR 10552T107 729 30,000 SH   SOLE   30,000 0 0
CEMEX SAB DE CV SPON ADR NEW 151290889 13,880 1,049,150 SH   SOLE   1,049,150 0 0
CHINA LIFE INS CO LTD SPON ADR REP H 16939P106 1,591 40,571 SH   SOLE   40,571 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 3,193 65,694 SH   SOLE   65,694 0 0
CNOOC LTD SPONSORED ADR 126132109 2,460 13,722 SH   SOLE   13,722 0 0
COCA COLA FEMSA S A B DE C V SPON ADR REP L 191241108 1,876 16,513 SH   SOLE   16,513 0 0
COMPANHIA ENERGETICA DE MINA SP ADR N-V PFD 204409601 147 18,445 SH   SOLE   18,445 0 0
COMPANIA DE MINAS BUENAVENTU SPONSORED ADR 204448104 2,060 174,432 SH   SOLE   174,432 0 0
COVIDIEN PLC SHS G2554F113 36,072 400,000 SH   SOLE   400,000 0 0
CREDICORP LTD COM G2519Y108 9,517 61,217 SH   SOLE   61,217 0 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 640 10,000 SH   SOLE   10,000 0 0
DARLING INGREDIENTS INC COM 237266101 10,042 480,500 SH   SOLE   480,500 0 0
DIRECTV COM 25490A309 6,701 78,828 SH   SOLE   78,828 0 0
EMPRESA NACIONAL DE ELCTRCID SPONSORED ADR 29244T101 1,197 26,490 SH   SOLE   26,490 0 0
ENERGY TRANSFER PRTNRS L P UNIT LTD PARTN 29273R109 11,876 204,862 SH   SOLE   204,862 0 0
ENERSIS S A SPONSORED ADR 29274F104 1,544 91,652 SH   SOLE   91,652 0 0
FIBRIA CELULOSE S A SP ADR REP COM 31573A109 194 20,000 SH   SOLE   20,000 0 0
FIREEYE INC COM 31816Q101 4,422 109,059 SH   SOLE   109,059 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 7,561 80,742 SH   SOLE   80,742 0 0
FOREST LABS INC COM 345838106 68,795 694,896 SH   SOLE   694,896 0 0
GENERAL MTRS CO COM 37045V100 14,524 400,100 SH   SOLE   400,100 0 0
GRUPO FINANCIERO SANTANDER M SPON ADR SHS B 40053C105 1,785 134,437 SH   SOLE   134,437 0 0
GRUPO TELEVISA SA SPON ADR REP ORD 40049J206 6,102 177,850 SH   SOLE   177,850 0 0
HDFC BANK LTD ADR REPS 3 SHS 40415F101 1,639 35,005 SH   SOLE   35,005 0 0
HERITAGE FINL CORP WASH COM 42722X106 1,439 89,426 SH   SOLE   89,426 0 0
HILLSHIRE BRANDS CO COM 432589109 30,664 492,200 SH   SOLE   492,200 0 0
HITTITE MICROWAVE CORP COM 43365Y104 7,795 100,000 SH   SOLE   100,000 0 0
HUANENG PWR INTL INC SPON ADR H SHS 443304100 226 5,000 SH   SOLE   5,000 0 0
HUDSON CITY BANCORP COM 443683107 106,300 10,813,839 SH   SOLE   10,813,839 0 0
IDENIX PHARMACEUTICALS INC COM 45166R204 1,687 70,000 SH   SOLE   70,000 0 0
INFOSYS LTD SPONSORED ADR 456788108 1,075 20,000 SH   SOLE   20,000 0 0
ISHARES CORE S&P500 ETF 464287200 24,212 122,905 SH   SOLE   122,905 0 0
ISHARES CORE S&P MCP ETF 464287507 9,122 63,757 SH   SOLE   63,757 0 0
ISHARES IBOXX HI YD ETF 464288513 55,504 583,029 SH   SOLE   583,029 0 0
ISHARES MSCI STH KOR ETF 464286772 35,550 546,748 SH   SOLE   546,748 0 0
ISHARES MSCI MALAYSI ETF 464286830 4,731 297,940 SH   SOLE   297,940 0 0
ISHARES CHINA LG-CAP ETF 464287184 22,660 611,782 SH   SOLE   611,782 0 0
ISHARES MSCI EMG MKT ETF 464287234 8,646 200,000 SH   SOLE   200,000 0 0
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 2,852 198,317 SH   SOLE   198,317 0 0
KB FINANCIAL GROUP INC SPONSORED ADR 48241A105 998 28,712 SH   SOLE   28,712 0 0
KOREA ELECTRIC PWR SPONSORED ADR 500631106 950 51,637 SH   SOLE   51,637 0 0
KT CORP SPONSORED ADR 48268K101 524 34,588 SH   SOLE   34,588 0 0
LATAM AIRLS GROUP S A SPONSORED ADR 51817R106 151 11,282 SH   SOLE   11,282 0 0
LG DISPLAY CO LTD SPONS ADR REP 50186V102 924 58,589 SH   SOLE   58,589 0 0
MARKET VECTORS ETF TR INDONESIA ETF 57060U753 25,662 1,041,067 SH   SOLE   1,041,067 0 0
MARKETO INC COM 57063L107 204 7,000 SH   SOLE   7,000 0 0
MICROS SYS INC COM 594901100 679 10,000 SH   SOLE   10,000 0 0
MOBILE TELESYSTEMS OJSC SPONSORED ADR 607409109 9,369 474,642 SH   SOLE   474,642 0 0
NATIONAL BK GREECE S A SPN ADR REP 1 SH 633643705 100 27,191 SH   SOLE   27,191 0 0
NQ MOBILE INC ADR REPSTG CL A 64118U108 321 52,300 SH   SOLE   52,300 0 0
OPENTABLE INC COM 68372A104 8,314 80,250 SH   SOLE   80,250 0 0
P T TELEKOMUNIKASI INDONESIA SPONSORED ADR 715684106 880 21,121 SH   SOLE   21,121 0 0
PENNEY J C INC COM 708160106 1,032 114,000 SH   SOLE   114,000 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 1,200 82,000 SH   SOLE   82,000 0 0
PETROLEO BRASILEIRO SA PETRO SP ADR NON VTG 71654V101 2,046 130,800 SH   SOLE   130,800 0 0
PHILIPPINE LONG DISTANCE TEL SPONSORED ADR 718252604 606 9,000 SH   SOLE   9,000 0 0
POSCO SPONSORED ADR 693483109 1,415 19,015 SH   SOLE   19,015 0 0
POWERSHARES ETF TRUST II GLOBL AGRI ETF 73936Q702 9,110 295,195 SH   SOLE   295,195 0 0
POWERSHS DB MULTI SECT COMM DB ENERGY FUND 73936B101 5,025 163,429 SH   SOLE   163,429 0 0
POWERSHS DB MULTI SECT COMM DB BASE METALS 73936B705 1,726 101,651 SH   SOLE   101,651 0 0
POWERSHS DB MULTI SECT COMM PS DB AGRICUL FD 73936B408 5,171 188,308 SH   SOLE   188,308 0 0
PRECISION CASTPARTS CORP COM 740189105 2,524 10,000 SH   SOLE   10,000 0 0
PROTECTIVE LIFE CORP COM 743674103 97,062 1,400,000 SH   SOLE   1,400,000 0 0
RDA MICROELECTRONICS INC SPONSORED ADR 749394102 856 50,000 SH   SOLE   50,000 0 0
RINGCENTRAL INC CL A 76680R206 1,230 81,302 SH   SOLE   81,302 0 0
SERVICE CORP INTL COM 817565104 25,023 1,207,659 SH   SOLE   1,207,659 0 0
SOCIEDAD QUIMICA MINERA DE C SPON ADR SER B 833635105 879 30,000 SH   SOLE   30,000 0 0
SOUTHERN COPPER CORP COM 84265V105 4,228 139,212 SH   SOLE   139,212 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 2,035 15,891 SH   SOLE   15,891 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 4,750 18,230 SH   SOLE   18,230 0 0
SPDR SER TR SPDR RUSSEL 2000 78468R853 7,940 111,919 SH   SOLE   111,919 0 0
STERLITE INDS INDIA LTD NOTE 4.000%10/3 859737AB4 6,594 6,594,000 PRN   SOLE   6,594,000 0 0
SUSSER HLDGS CORP COM 869233106 16,144 200,000 SH   SOLE   200,000 0 0
TATA MTRS LTD SPONSORED ADR 876568502 391 10,000 SH   SOLE   10,000 0 0
TELEFONICA BRASIL SA SPONSORED ADR 87936R106 318 15,500 SH   SOLE   15,500 0 0
TIM PARTICIPACOES S A SPONSORED ADR 88706P205 224 7,700 SH   SOLE   7,700 0 0
TW TELECOM INC COM 87311L104 3,769 93,490 SH   SOLE   93,490 0 0
VALE S A ADR 91912E105 3,268 247,052 SH   SOLE   247,052 0 0
VALE S A ADR REPSTG PFD 91912E204 1,863 156,546 SH   SOLE   156,546 0 0
VALLEY NATL BANCORP COM 919794107 2,063 208,217 SH   SOLE   208,217 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 6,473 150,072 SH   SOLE   150,072 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 6,641 85,193 SH   SOLE   85,193 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 14,172 332,764 SH   SOLE   332,764 0 0
VIPSHOP HLDGS LTD NOTE 1.500% 3/1 92763WAA1 29,406 25,000,000 PRN   SOLE   25,000,000 0 0
WILLIAMS COS INC DEL CALL 969457900 4,556 3,400 SH Call SOLE   3,400 0 0
WILLIAMS COS INC DEL COM 969457100 15,158 260,397 SH   SOLE   260,397 0 0
WIX COM LTD SHS M98068105 662 33,353 SH   SOLE   33,353 0 0
WPX ENERGY INC COM 98212B103 973 40,678 SH   SOLE   40,678 0 0
YY INC ADS REPCOM CLA 98426T106 1,211 16,040 SH   SOLE   16,040 0 0