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 USD.01 00287Y109 1,466 28,529 SH   SOLE   28,529 0 0
ACCENTURE PLC CL A COMMON STOCK USD.0000225 G1151C101 303 3,796 SH   SOLE   3,796 0 0
ACE LTD COMMON STOCK CHF26.59 H0023R105 3,028 30,566 SH   SOLE   30,566 0 0
ACORDA THERAPEUTICS INC COMMON STOCK USD.001 00484M106 2,139 56,434 SH   SOLE   56,434 0 0
ACTAVIS PLC COMMON STOCK USD.0033 G0083B108 3,150 15,302 SH   SOLE   15,302 0 0
ADT CORP/THE COMMON STOCK USD.01 00101J106 2,472 82,529 SH   SOLE   82,529 0 0
ADVANCE AUTO PARTS INC COMMON STOCK USD.0001 00751Y106 3,815 30,161 SH   SOLE   30,161 0 0
ADVANCED SEMICONDUCTOR E ADR ADR 00756M404 2,462 443,599 SH   SOLE   443,599 0 0
ADVENT SOFTWARE INC COMMON STOCK USD.01 007974108 722 24,576 SH   SOLE   24,576 0 0
AECOM TECHNOLOGY CORP COMMON STOCK USD.01 00766T100 11,862 368,733 SH   SOLE   368,733 0 0
AES CORP COMMON STOCK USD.01 00130H105 5,516 386,299 SH   SOLE   386,299 0 0
AFFILIATED MANAGERS GROUP COMMON STOCK USD.01 008252108 2,291 11,452 SH   SOLE   11,452 0 0
AFLAC INC COMMON STOCK USD.1 001055102 14,017 222,355 SH   SOLE   222,355 0 0
AGCO CORP COMMON STOCK USD.01 001084102 7,157 129,741 SH   SOLE   129,741 0 0
AGILENT TECHNOLOGIES INC COMMON STOCK USD.01 00846U101 319 5,700 SH   SOLE   5,700 0 0
ALAMO GROUP INC COMMON STOCK USD.1 011311107 1,087 20,000 SH   SOLE   20,000 0 0
ALASKA AIR GROUP INC COMMON STOCK USD1. 011659109 7,876 84,409 SH   SOLE   84,409 0 0
ALBEMARLE CORP COMMON STOCK USD.01 012653101 4,455 67,075 SH   SOLE   67,075 0 0
ALCOA INC COMMON STOCK USD1. 013817101 1,639 127,360 SH   SOLE   127,360 0 0
ALEXANDER + BALDWIN INC COMMON STOCK 014491104 2,128 50,000 SH   SOLE   50,000 0 0
ALEXANDRIA REAL ESTATE EQUIT REIT USD.01 015271109 5,054 69,648 SH   SOLE   69,648 0 0
ALEXION PHARMACEUTICALS INC COMMON STOCK USD.0001 015351109 3,503 23,027 SH   SOLE   23,027 0 0
ALLEGHANY CORP COMMON STOCK USD1. 017175100 6,825 16,753 SH   SOLE   16,753 0 0
ALLERGAN INC COMMON STOCK USD.01 018490102 19,345 155,883 SH   SOLE   155,883 0 0
ALLIANT TECHSYSTEMS INC COMMON STOCK USD.01 018804104 6,858 48,248 SH   SOLE   48,248 0 0
ALLSTATE CORP COMMON STOCK USD.01 020002101 3,574 63,171 SH   SOLE   63,171 0 0
ALNYLAM PHARMACEUTICALS INC COMMON STOCK USD.01 02043Q107 638 9,499 SH   SOLE   9,499 0 0
ALON USA ENERGY INC COMMON STOCK USD.01 020520102 794 53,155 SH   SOLE   53,155 0 0
ALTISOURCE RESIDENTIAL CORP REIT USD.01 02153W100 4,084 129,400 SH   SOLE   129,400 0 0
AMERCO COMMON STOCK USD.25 023586100 4,934 21,258 SH   SOLE   21,258 0 0
AMERICA MOVIL ADR SERIES L ADR NPV 02364W105 1,575 79,241 SH   SOLE   79,241 0 0
AMERICA MOVIL ADR SERIES L ADR NPV 02364W105 44,596 2,243,258 SH   SOLE   0 0 2,243,258
AMERICAN AIRLINES GROUP PREFERRED STOCK 6.25 02376R409 1,311 47,465 SH   SOLE   47,465 0 0
AMERICAN AIRLINES GROUP PREFERRED STOCK 6.25 02376R409 164 5,960 SH   SOLE   0 0 5,960
AMERICAN AIRLINES GROUP INC COMMON STOCK 02376R102 9,605 262,445 SH   SOLE   262,445 0 0
AMERICAN AIRLINES GROUP INC COMMON STOCK 02376R102 1,196 32,674 SH   SOLE   0 0 32,674
AMERICAN CAMPUS COMMUNITIES REIT USD.01 024835100 5,758 154,158 SH   SOLE   154,158 0 0
AMERICAN ELECTRIC POWER COMMON STOCK USD6.5 025537101 1,865 36,808 SH   SOLE   36,808 0 0
AMERICAN EXPRESS CO COMMON STOCK USD.2 025816109 4,128 45,850 SH   SOLE   45,850 0 0
AMERICAN INTERNATIONAL GROUP COMMON STOCK USD2.5 026874784 24,154 482,991 SH   SOLE   482,991 0 0
AMERIPRISE FINANCIAL INC COMMON STOCK USD.01 03076C106 1,682 15,283 SH   SOLE   15,283 0 0
AMERISOURCEBERGEN CORP COMMON STOCK USD.01 03073E105 1,776 27,080 SH   SOLE   27,080 0 0
AMGEN INC COMMON STOCK USD.0001 031162100 2,890 23,434 SH   SOLE   23,434 0 0
ANADARKO PETROLEUM CORP COMMON STOCK USD.1 032511107 4,836 57,057 SH   SOLE   57,057 0 0
ANALOGIC CORP COMMON STOCK USD.05 032657207 624 7,605 SH   SOLE   7,605 0 0
ANDERSONS INC/THE COMMON STOCK NPV 034164103 3,683 62,178 SH   SOLE   62,178 0 0
ANGLOGOLD ASHANTI SPON ADR ADR NPV 035128206 38,651 2,262,986 SH   SOLE   2,262,986 0 0
ANGLOGOLD ASHANTI SPON ADR ADR NPV 035128206 76,393 4,472,631 SH   SOLE   0 0 4,472,631
ANIKA THERAPEUTICS INC COMMON STOCK USD.01 035255108 2,125 51,695 SH   SOLE   51,695 0 0
ANIXTER INTERNATIONAL INC COMMON STOCK USD1. 035290105 1,560 15,365 SH   SOLE   15,365 0 0
ANN INC COMMON STOCK USD.0068 035623107 1,168 28,163 SH   SOLE   28,163 0 0
ANNALY CAPITAL MANAGEMENT IN REIT USD.01 035710409 13,373 1,219,063 SH   SOLE   1,219,063 0 0
AOL INC COMMON STOCK USD.01 00184X105 861 19,669 SH   SOLE   19,669 0 0
AON PLC COMMON STOCK USD.01 G0408V102 144 1,703 SH   SOLE   1,703 0 0
APACHE CORP COMMON STOCK USD.625 037411105 15,896 191,633 SH   SOLE   191,633 0 0
APOLLO COMMERCIAL REAL ESTAT REIT USD.01 03762U105 2,212 133,041 SH   SOLE   133,041 0 0
APOLLO EDUCATION GROUP INC COMMON STOCK NPV 037604105 6,339 185,127 SH   SOLE   185,127 0 0
APPLE INC COMMON STOCK NPV 037833100 90,925 169,403 SH   SOLE   169,403 0 0
APPLIED INDUSTRIAL TECH INC COMMON STOCK NPV 03820C105 1,199 24,865 SH   SOLE   24,865 0 0
APPLIED MATERIALS INC COMMON STOCK USD.01 038222105 992 48,602 SH   SOLE   48,602 0 0
ARCELORMITTAL NY REGISTERED NY REG SHRS NPV 03938L104 488 30,223 SH   SOLE   30,223 0 0
ARCHER DANIELS MIDLAND CO COMMON STOCK NPV 039483102 3,979 91,699 SH   SOLE   91,699 0 0
ARROW ELECTRONICS INC COMMON STOCK USD1. 042735100 7,365 124,075 SH   SOLE   124,075 0 0
ASSURANT INC COMMON STOCK USD.01 04621X108 5,261 80,983 SH   SOLE   80,983 0 0
AT+T INC COMMON STOCK USD1. 00206R102 5,092 145,191 SH   SOLE   145,191 0 0
ATLANTICUS HOLDINGS CORP SR UNSECURED 11/35 5.875 20478NAD2 761 2,000,000 SH   SOLE   2,000,000 0 0
AUXILIUM PHARMACEUTICALS INC COMMON STOCK USD.01 05334D107 668 24,579 SH   SOLE   24,579 0 0
AVAGO TECHNOLOGIES LTD COMMON STOCK Y0486S104 1,699 26,379 SH   SOLE   26,379 0 0
AVG TECHNOLOGIES COMMON STOCK EUR.01 N07831105 1,498 71,487 SH   SOLE   71,487 0 0
AVIS BUDGET GROUP INC COMMON STOCK USD.01 053774105 6,923 142,161 SH   SOLE   142,161 0 0
AVISTA CORP COMMON STOCK NPV 05379B107 2,563 83,614 SH   SOLE   83,614 0 0
AVNET INC COMMON STOCK USD1. 053807103 11,871 255,129 SH   SOLE   255,129 0 0
AVON PRODUCTS INC COMMON STOCK USD.25 054303102 9,698 662,437 SH   SOLE   662,437 0 0
AXIALL CORP COMMON STOCK USD.01 05463D100 2,141 47,662 SH   SOLE   47,662 0 0
BAKER HUGHES INC COMMON STOCK USD1. 057224107 28,948 445,213 SH   SOLE   445,213 0 0
BALL CORP COMMON STOCK NPV 058498106 22,915 418,087 SH   SOLE   418,087 0 0
BALLY TECHNOLOGIES INC COMMON STOCK USD.1 05874B107 5,254 79,282 SH   SOLE   79,282 0 0
BANCOLOMBIA S.A. SPONS ADR ADR 05968L102 43,092 762,960 SH   SOLE   762,960 0 0
BANCOLOMBIA S.A. SPONS ADR ADR 05968L102 38,397 679,827 SH   SOLE   0 0 679,827
BANK OF AMERICA CORP COMMON STOCK USD.01 060505104 32,565 1,893,297 SH   SOLE   1,893,297 0 0
BANK OF NEW YORK MELLON CORP COMMON STOCK USD.01 064058100 17,628 499,508 SH   SOLE   499,508 0 0
BASIC ENERGY SERVICES INC COMMON STOCK USD.01 06985P100 2,156 78,650 SH   SOLE   78,650 0 0
BAXTER INTERNATIONAL INC COMMON STOCK USD1. 071813109 210 2,855 SH   SOLE   2,855 0 0
BBCN BANCORP INC COMMON STOCK USD.001 073295107 1,557 90,817 SH   SOLE   90,817 0 0
BECTON DICKINSON AND CO COMMON STOCK USD1. 075887109 16,168 138,097 SH   SOLE   138,097 0 0
BED BATH + BEYOND INC COMMON STOCK USD.01 075896100 22,500 327,028 SH   SOLE   327,028 0 0
BEL FUSE INC CL B COMMON STOCK USD.1 077347300 694 31,700 SH   SOLE   31,700 0 0
BERKSHIRE HATHAWAY INC CL B COMMON STOCK USD.0033 084670702 1,337 10,698 SH   SOLE   10,698 0 0
BEST BUY CO INC COMMON STOCK USD.1 086516101 707 26,769 SH   SOLE   26,769 0 0
BIOGEN IDEC INC COMMON STOCK USD.0005 09062X103 2,148 7,023 SH   SOLE   7,023 0 0
BOEING CO/THE COMMON STOCK USD5. 097023105 1,406 11,208 SH   SOLE   11,208 0 0
BPZ RESOURCES INC SR UNSECURED 03/15 6.5 055639AB4 1,348 1,325,000 SH   SOLE   1,325,000 0 0
BPZ RESOURCES INC SR UNSECURED 03/15 6.5 055639AB4 1,196 1,175,000 SH   SOLE   0 0 1,175,000
BRINKER INTERNATIONAL INC COMMON STOCK USD.1 109641100 3,563 67,927 SH   SOLE   67,927 0 0
BROADCOM CORP CL A COMMON STOCK USD.0001 111320107 5,988 190,231 SH   SOLE   190,231 0 0
CA INC COMMON STOCK USD.1 12673P105 647 20,900 SH   SOLE   20,900 0 0
CABOT CORP COMMON STOCK USD1. 127055101 4,496 76,128 SH   SOLE   76,128 0 0
CADENCE DESIGN SYS INC COMMON STOCK USD.01 127387108 8,780 564,966 SH   SOLE   564,966 0 0
CAI INTERNATIONAL INC COMMON STOCK USD.0001 12477X106 1,018 41,249 SH   SOLE   41,249 0 0
CALAMP CORP COMMON STOCK USD.01 128126109 1,289 46,260 SH   SOLE   46,260 0 0
CALPINE CORP COMMON STOCK USD.001 131347304 3,991 190,863 SH   SOLE   190,863 0 0
CAPITAL ONE FINANCIAL CORP COMMON STOCK USD.01 14040H105 24,996 323,952 SH   SOLE   323,952 0 0
CARDINAL HEALTH INC COMMON STOCK NPV 14149Y108 5,654 80,798 SH   SOLE   80,798 0 0
CAREFUSION CORP COMMON STOCK USD.01 14170T101 3,319 82,514 SH   SOLE   82,514 0 0
CARRIZO OIL + GAS INC COMMON STOCK USD.01 144577103 3,161 59,136 SH   SOLE   59,136 0 0
CARRIZO OIL + GAS INC COMPANY GUAR 06/28 4.375 144577AA1 1,840 2,000,000 SH   SOLE   0 0 2,000,000
CATERPILLAR INC COMMON STOCK USD1. 149123101 8,505 85,586 SH   SOLE   85,586 0 0
CATHAY GENERAL BANCORP COMMON STOCK USD.01 149150104 4,951 196,555 SH   SOLE   196,555 0 0
CBRE GROUP INC A COMMON STOCK USD.01 12504L109 3,410 124,309 SH   SOLE   124,309 0 0
CBS CORP CLASS B NON VOTING COMMON STOCK USD.001 124857202 14,827 239,923 SH   SOLE   239,923 0 0
CELESTICA INC COMMON STOCK NPV 15101Q108 393 35,916 SH   SOLE   35,916 0 0
CELGENE CORP COMMON STOCK USD.01 151020104 32,029 229,433 SH   SOLE   229,433 0 0
CELLDEX THERAPEUTICS INC COMMON STOCK USD.001 15117B103 266 15,072 SH   SOLE   15,072 0 0
CENOVUS ENERGY INC COMMON STOCK NPV 15135U109 25,937 895,617 SH   SOLE   895,617 0 0
CEPHEID INC COMMON STOCK NPV 15670R107 1,135 21,999 SH   SOLE   21,999 0 0
CF INDUSTRIES HOLDINGS INC COMMON STOCK USD.01 125269100 9,659 37,057 SH   SOLE   37,057 0 0
CHEMICAL FINANCIAL CORP COMMON STOCK USD1. 163731102 1,358 41,850 SH   SOLE   41,850 0 0
CHESAPEAKE ENERGY CORP COMMON STOCK USD.01 165167107 730 28,500 SH   SOLE   28,500 0 0
CHESAPEAKE LODGING TRUST REIT USD.01 165240102 2,551 99,161 SH   SOLE   99,161 0 0
CHEVRON CORP COMMON STOCK USD.75 166764100 44,477 374,041 SH   SOLE   374,041 0 0
CHIMERIX INC COMMON STOCK 16934W106 798 31,111 SH   SOLE   31,111 0 0
CHINA MOBILE LTD SPON ADR ADR 16941M109 1,699 37,269 SH   SOLE   37,269 0 0
CHIPMOS TECHNOLOGIES BERMUDA COMMON STOCK USD.01 G2110R114 942 42,715 SH   SOLE   42,715 0 0
CHIQUITA BRANDS INTL SR UNSECURED 08/16 4.25 170032AT3 1,231 1,210,000 SH   SOLE   1,210,000 0 0
CHUBB CORP COMMON STOCK USD1. 171232101 4,276 47,887 SH   SOLE   47,887 0 0
CHURCH + DWIGHT CO INC COMMON STOCK USD1. 171340102 551 7,977 SH   SOLE   7,977 0 0
CIA DE MINAS BUENAVENTUR ADR ADR 204448104 42,509 3,381,770 SH   SOLE   3,381,770 0 0
CIA DE MINAS BUENAVENTUR ADR ADR 204448104 75,252 5,986,661 SH   SOLE   0 0 5,986,661
CIA PARANAENSE ENER SP ADR P ADR NPV 20441B407 528 40,289 SH   SOLE   40,289 0 0
CIGNA CORP COMMON STOCK USD.25 125509109 20,511 244,970 SH   SOLE   244,970 0 0
CIMAREX ENERGY CO COMMON STOCK USD.01 171798101 3,271 27,458 SH   SOLE   27,458 0 0
CINTAS CORP COMMON STOCK NPV 172908105 2,429 40,755 SH   SOLE   40,755 0 0
CIRRUS LOGIC INC COMMON STOCK USD.001 172755100 1,573 79,142 SH   SOLE   79,142 0 0
CISCO SYSTEMS INC COMMON STOCK USD.001 17275R102 43,259 1,930,322 SH   SOLE   1,930,322 0 0
CITIGROUP INC COMMON STOCK USD.01 172967424 41,127 864,006 SH   SOLE   864,006 0 0
CLECO CORPORATION COMMON STOCK USD1. 12561W105 1,403 27,743 SH   SOLE   27,743 0 0
CLOROX COMPANY COMMON STOCK USD1. 189054109 20,327 230,958 SH   SOLE   230,958 0 0
CLOVIS ONCOLOGY INC COMMON STOCK USD.001 189464100 400 5,773 SH   SOLE   5,773 0 0
CNA FINANCIAL CORP COMMON STOCK USD2.5 126117100 5,802 135,818 SH   SOLE   135,818 0 0
COACH INC COMMON STOCK USD.01 189754104 23,800 479,252 SH   SOLE   479,252 0 0
COCA COLA CO/THE COMMON STOCK USD.25 191216100 45,589 1,179,219 SH   SOLE   1,179,219 0 0
COCA COLA ENTERPRISES COMMON STOCK USD.01 19122T109 5,750 120,385 SH   SOLE   120,385 0 0
COLGATE PALMOLIVE CO COMMON STOCK USD1. 194162103 12,989 200,231 SH   SOLE   200,231 0 0
COLONY FINANCIAL INC REIT USD.01 19624R106 932 42,472 SH   SOLE   42,472 0 0
COLUMBUS MCKINNON CORP/NY COMMON STOCK USD.01 199333105 1,479 55,206 SH   SOLE   55,206 0 0
COMCAST CORP CLASS A COMMON STOCK USD.01 20030N101 7,267 145,273 SH   SOLE   145,273 0 0
COMERICA INC COMMON STOCK USD5. 200340107 2,898 55,943 SH   SOLE   55,943 0 0
COMFORT SYSTEMS USA INC COMMON STOCK USD.01 199908104 1,118 73,360 SH   SOLE   73,360 0 0
COMMERCIAL METALS CO COMMON STOCK USD.01 201723103 3,698 195,846 SH   SOLE   195,846 0 0
COMMUNITY HEALTH SYSTEMS INC COMMON STOCK USD.01 203668108 4,427 113,010 SH   SOLE   113,010 0 0
COMMVAULT SYSTEMS INC COMMON STOCK USD.01 204166102 1,742 26,824 SH   SOLE   26,824 0 0
COMPUTER SCIENCES CORP COMMON STOCK USD1. 205363104 744 12,227 SH   SOLE   12,227 0 0
CONAGRA FOODS INC COMMON STOCK USD5. 205887102 5,747 185,193 SH   SOLE   185,193 0 0
CONMED CORP COMMON STOCK USD.01 207410101 1,100 25,311 SH   SOLE   25,311 0 0
CONOCOPHILLIPS COMMON STOCK USD.01 20825C104 6,809 96,794 SH   SOLE   96,794 0 0
CONSUMER STAPLES SELECT SECTOR CONSUMER STAPLES SPDR 81369Y308 5,037 116,986 SH   SOLE   116,986 0 0
COOPER COS INC/THE COMMON STOCK USD.1 216648402 3,730 27,152 SH   SOLE   27,152 0 0
COOPER STANDARD HOLDING COMMON STOCK USD.001 21676P103 160 2,259 SH   SOLE   2,259 0 0
CORNING INC COMMON STOCK USD.5 219350105 2,478 119,005 SH   SOLE   119,005 0 0
CORRECTIONS CORP OF AMERICA REIT USD.01 22025Y407 2,196 70,101 SH   SOLE   70,101 0 0
COVIDIEN PLC COMMON STOCK USD.2 G2554F113 188 2,546 SH   SOLE   2,546 0 0
CR BARD INC COMMON STOCK USD.25 067383109 4,523 30,566 SH   SOLE   30,566 0 0
CRACKER BARREL OLD COUNTRY COMMON STOCK USD.01 22410J106 1,940 19,948 SH   SOLE   19,948 0 0
CRANE CO COMMON STOCK USD1. 224399105 5,284 74,271 SH   SOLE   74,271 0 0
CROWN CASTLE INTL CORP REIT USD.01 228227104 977 13,245 SH   SOLE   13,245 0 0
CUBIST PHARMACEUTICALS INC COMMON STOCK USD.001 229678107 1,349 18,444 SH   SOLE   18,444 0 0
CUMMINS INC COMMON STOCK USD2.5 231021106 1,002 6,725 SH   SOLE   6,725 0 0
CVS CAREMARK CORP COMMON STOCK USD.01 126650100 11,303 150,988 SH   SOLE   150,988 0 0
CYBERONICS INC COMMON STOCK USD.01 23251P102 2,386 36,567 SH   SOLE   36,567 0 0
CYNOSURE INC A COMMON STOCK USD.001 232577205 355 12,113 SH   SOLE   12,113 0 0
DANA HOLDING CORP COMMON STOCK USD.01 235825205 9,686 416,258 SH   SOLE   416,258 0 0
DARLING INTERNATIONAL INC COMMON STOCK USD.01 237266101 1,302 65,023 SH   SOLE   65,023 0 0
DEERE + CO COMMON STOCK USD1. 244199105 4,140 45,591 SH   SOLE   45,591 0 0
DELEK US HOLDINGS INC COMMON STOCK USD.01 246647101 1,743 60,034 SH   SOLE   60,034 0 0
DELPHI AUTOMOTIVE PLC COMMON STOCK USD.01 G27823106 11,184 164,816 SH   SOLE   164,816 0 0
DELTA AIR LINES INC COMMON STOCK USD.0001 247361702 24,715 713,271 SH   SOLE   713,271 0 0
DELUXE CORP COMMON STOCK USD1. 248019101 2,847 54,263 SH   SOLE   54,263 0 0
DEVON ENERGY CORPORATION COMMON STOCK USD.1 25179M103 1,159 17,321 SH   SOLE   17,321 0 0
DILLARDS INC CL A COMMON STOCK NPV 254067101 7,929 85,810 SH   SOLE   85,810 0 0
DIRECTV COMMON STOCK USD.01 25490A309 11,381 148,924 SH   SOLE   148,924 0 0
DISCOVER FINANCIAL SERVICES COMMON STOCK USD.01 254709108 4,087 70,241 SH   SOLE   70,241 0 0
DOMINION RESOURCES INC/VA COMMON STOCK NPV 25746U109 2,170 30,566 SH   SOLE   30,566 0 0
DOMTAR CORP COMMON STOCK USD.01 257559203 7,970 71,024 SH   SOLE   71,024 0 0
DOW CHEMICAL CO/THE COMMON STOCK USD2.5 260543103 6,115 125,852 SH   SOLE   125,852 0 0
DR HORTON INC COMMON STOCK USD.01 23331A109 3,767 174,000 SH   SOLE   174,000 0 0
DR PEPPER SNAPPLE GROUP INC COMMON STOCK USD.01 26138E109 10,607 194,769 SH   SOLE   194,769 0 0
DTE ENERGY COMPANY COMMON STOCK NPV 233331107 1,060 14,264 SH   SOLE   14,264 0 0
DU PONT (E.I.) DE NEMOURS COMMON STOCK USD.3 263534109 669,284 9,974,422 SH   SOLE   9,974,422 0 0
DUCOMMUN INC COMMON STOCK USD.01 264147109 553 22,074 SH   SOLE   22,074 0 0
DUKE ENERGY CORP COMMON STOCK USD.001 26441C204 2,540 35,661 SH   SOLE   35,661 0 0
DUKE REALTY CORP REIT USD.01 264411505 4,524 268,025 SH   SOLE   268,025 0 0
DUPONT FABROS TECHNOLOGY REIT USD.001 26613Q106 2,548 105,870 SH   SOLE   105,870 0 0
DYNEGY INC COMMON STOCK USD.01 26817R108 5,667 227,212 SH   SOLE   227,212 0 0
E TRADE FINANCIAL CORP COMMON STOCK USD.01 269246401 1,973 85,724 SH   SOLE   85,724 0 0
EAST WEST BANCORP INC COMMON STOCK USD.001 27579R104 3,646 99,900 SH   SOLE   99,900 0 0
EASTMAN CHEMICAL CO COMMON STOCK USD.01 277432100 5,161 59,866 SH   SOLE   59,866 0 0
EASTMAN KODAK CO EASTMAN KODAK CO CW18 125 277461133 13 736 SH   SOLE   736 0 0
EASTMAN KODAK CO EASTMAN KODAK CO CW18 125 277461133 27 1,473 SH   SOLE   0 0 1,473
EASTMAN KODAK CO EASTMAN KODAK CO CW18 135 277461141 13 736 SH   SOLE   736 0 0
EASTMAN KODAK CO EASTMAN KODAK CO CW18 135 277461141 25 1,473 SH   SOLE   0 0 1,473
EASTMAN KODAK CO COMMON STOCK 277461406 72 2,172 SH   SOLE   2,172 0 0
EASTMAN KODAK CO COMMON STOCK 277461406 142 4,239 SH   SOLE   0 0 4,239
EDISON INTERNATIONAL COMMON STOCK NPV 281020107 2,421 42,775 SH   SOLE   42,775 0 0
EINSTEIN NOAH RESTAURANT GRO COMMON STOCK USD.001 28257U104 779 47,334 SH   SOLE   47,334 0 0
ELECTRONICS FOR IMAGING COMMON STOCK USD.01 286082102 1,719 39,700 SH   SOLE   39,700 0 0
ELI LILLY + CO COMMON STOCK NPV 532457108 3,298 56,039 SH   SOLE   56,039 0 0
EMBRAER SA ADR ADR 29082A107 717 20,203 SH   SOLE   20,203 0 0
EMC CORP/MA COMMON STOCK USD.01 268648102 2,430 88,643 SH   SOLE   88,643 0 0
EMC INS GROUP INC COMMON STOCK USD1. 268664109 919 25,870 SH   SOLE   25,870 0 0
EMERGENT BIOSOLUTIONS INC COMMON STOCK USD.001 29089Q105 623 24,661 SH   SOLE   24,661 0 0
EMERSON ELECTRIC CO COMMON STOCK USD.5 291011104 4,526 67,756 SH   SOLE   67,756 0 0
ENDO INTERNATIONAL PLC COMMON STOCK USD.0001 G30401106 770 11,215 SH   SOLE   11,215 0 0
ENERGIZER HOLDINGS INC COMMON STOCK USD.01 29266R108 6,086 60,413 SH   SOLE   60,413 0 0
ENERSYS COMMON STOCK USD.01 29275Y102 10,520 151,826 SH   SOLE   151,826 0 0
ENSCO PLC CL A COMMON STOCK USD.1 G3157S106 4,476 84,800 SH   SOLE   84,800 0 0
ENTEGRIS INC COMMON STOCK USD.01 29362U104 2,612 215,709 SH   SOLE   215,709 0 0
ENTERGY CORP COMMON STOCK USD.01 29364G103 5,935 88,783 SH   SOLE   88,783 0 0
EOG RESOURCES INC COMMON STOCK USD.01 26875P101 1,679 8,559 SH   SOLE   8,559 0 0
EPIZYME INC COMMON STOCK 29428V104 279 12,236 SH   SOLE   12,236 0 0
EPLUS INC COMMON STOCK USD.01 294268107 1,115 20,000 SH   SOLE   20,000 0 0
EPR PROPERTIES REIT USD.01 26884U109 3,642 68,211 SH   SOLE   68,211 0 0
EQUINIX INC COMMON STOCK USD.001 29444U502 525 2,839 SH   SOLE   2,839 0 0
EQUITY RESIDENTIAL REIT USD.01 29476L107 414 7,132 SH   SOLE   7,132 0 0
ERICSSON (LM) TEL SP ADR ADR 294821608 1,080 80,995 SH   SOLE   80,995 0 0
ESTEE LAUDER COMPANIES CL A COMMON STOCK USD.01 518439104 29,704 444,133 SH   SOLE   444,133 0 0
EVEREST RE GROUP LTD COMMON STOCK USD.01 G3223R108 3,242 21,180 SH   SOLE   21,180 0 0
EXELIS INC COMMON STOCK USD.01 30162A108 2,459 129,378 SH   SOLE   129,378 0 0
EXELON CORP COMMON STOCK NPV 30161N101 5,834 173,845 SH   SOLE   173,845 0 0
EXPEDIA INC COMMON STOCK USD.001 30212P303 1,330 18,340 SH   SOLE   18,340 0 0
EXPRESS INC COMMON STOCK 30219E103 3,267 205,718 SH   SOLE   205,718 0 0
EXPRESS SCRIPTS HOLDING CO COMMON STOCK USD.01 30219G108 27,890 371,417 SH   SOLE   371,417 0 0
EXTRA SPACE STORAGE INC REIT USD.01 30225T102 3,844 79,233 SH   SOLE   79,233 0 0
EXXON MOBIL CORP COMMON STOCK NPV 30231G102 50,126 513,166 SH   SOLE   513,166 0 0
EZCORP INC CL A COMMON STOCK USD.01 302301106 874 81,026 SH   SOLE   81,026 0 0
F5 NETWORKS INC COMMON STOCK NPV 315616102 2,911 27,300 SH   SOLE   27,300 0 0
FACEBOOK INC A COMMON STOCK USD.000006 30303M102 2,590 42,999 SH   SOLE   42,999 0 0
FEDEX CORP COMMON STOCK USD.1 31428X106 6,295 47,490 SH   SOLE   47,490 0 0
FIDELITY NATIONAL FINL A COMMON STOCK USD.0001 31620R105 3,649 116,065 SH   SOLE   116,065 0 0
FIDELITY NATIONAL INFORMATIO COMMON STOCK USD.01 31620M106 1,640 30,688 SH   SOLE   30,688 0 0
FIDELITY SOUTHERN CORP COMMON STOCK NPV 316394105 804 57,555 SH   SOLE   57,555 0 0
FIFTH THIRD BANCORP COMMON STOCK NPV 316773100 2,104 91,699 SH   SOLE   91,699 0 0
FIRST COMMUNITY BANCSHARES COMMON STOCK USD1. 31983A103 465 28,409 SH   SOLE   28,409 0 0
FIRST DEFIANCE FINL CORP COMMON STOCK USD.01 32006W106 126 4,638 SH   SOLE   4,638 0 0
FIRSTENERGY CORP COMMON STOCK USD.1 337932107 786 23,087 SH   SOLE   23,087 0 0
FIRSTMERIT CORP COMMON STOCK NPV 337915102 5,473 262,751 SH   SOLE   262,751 0 0
FLUOR CORP COMMON STOCK USD.01 343412102 942 12,122 SH   SOLE   12,122 0 0
FOOT LOCKER INC COMMON STOCK USD.01 344849104 11,840 252,024 SH   SOLE   252,024 0 0
FORD MOTOR CO COMMON STOCK USD.01 345370860 4,398 281,903 SH   SOLE   281,903 0 0
FORESTAR GROUP INC COMMON STOCK USD1. 346233109 489 27,470 SH   SOLE   27,470 0 0
FORWARD AIR CORPORATION COMMON STOCK USD.01 349853101 854 18,527 SH   SOLE   18,527 0 0
FOSSIL GROUP INC COMMON STOCK USD.01 34988V106 2,134 18,300 SH   SOLE   18,300 0 0
FREEPORT MCMORAN COPPER W/I COMMON STOCK USD.1 35671D857 5,291 159,994 SH   SOLE   159,994 0 0
FRESH DEL MONTE PRODUCE INC COMMON STOCK USD.01 G36738105 1,701 61,704 SH   SOLE   61,704 0 0
FUTUREFUEL CORP COMMON STOCK USD.0001 36116M106 1,047 51,600 SH   SOLE   51,600 0 0
GAMESTOP CORP CLASS A COMMON STOCK USD.001 36467W109 1,675 40,755 SH   SOLE   40,755 0 0
GANNETT CO COMMON STOCK USD1. 364730101 13,012 471,461 SH   SOLE   471,461 0 0
GAP INC/THE COMMON STOCK USD.05 364760108 3,006 75,049 SH   SOLE   75,049 0 0
GARTNER INC COMMON STOCK USD.0005 366651107 4,304 61,988 SH   SOLE   61,988 0 0
GENERAC HOLDINGS INC COMMON STOCK USD.01 368736104 4,850 82,246 SH   SOLE   82,246 0 0
GENERAL DYNAMICS CORP COMMON STOCK USD1. 369550108 26,824 246,268 SH   SOLE   246,268 0 0
GENERAL ELECTRIC CO COMMON STOCK USD.06 369604103 22,913 885,009 SH   SOLE   885,009 0 0
GENERAL MILLS INC COMMON STOCK USD.1 370334104 1,478 28,529 SH   SOLE   28,529 0 0
GENERAL MOTORS CO COMMON STOCK USD.01 37045V100 10,384 301,691 SH   SOLE   301,691 0 0
GENERAL MOTORS CO COMMON STOCK USD.01 37045V100 2 51 SH   SOLE   0 0 51
GENERAL MOTORS CO WTS CALL EXP 10JUL16 37045V118 3,826 154,033 SH   SOLE   154,033 0 0
GENERAL MOTORS CO WTS CALL EXP 10JUL16 37045V118 1 45 SH   SOLE   0 0 45
GENERAL MOTORS CO WTS CALL EXP 10JUL19 37045V126 3,045 174,913 SH   SOLE   174,913 0 0
GENERAL MOTORS CO WTS CALL EXP 10JUL19 37045V126 1 45 SH   SOLE   0 0 45
GENWORTH FINANCIAL INC CL A COMMON STOCK USD.001 37247D106 2,326 131,184 SH   SOLE   131,184 0 0
GEOSPACE TECHNOLOGIES CORP COMMON STOCK USD.01 37364X109 1,290 19,497 SH   SOLE   19,497 0 0
GILEAD SCIENCES INC COMMON STOCK USD.001 375558103 2,440 34,438 SH   SOLE   34,438 0 0
GLOBAL BRASS + COPPER HOLDIN COMMON STOCK 37953G103 769 48,775 SH   SOLE   48,775 0 0
GOLDMAN SACHS GROUP INC COMMON STOCK USD.01 38141G104 6,896 42,090 SH   SOLE   42,090 0 0
GOODYEAR TIRE + RUBBER CO COMMON STOCK NPV 382550101 2,263 86,605 SH   SOLE   86,605 0 0
GOOGLE INC CL A COMMON STOCK USD.001 38259P508 10,787 9,679 SH   SOLE   9,679 0 0
GOVERNMENT PROPERTIES INCOME REIT USD.01 38376A103 1,202 47,717 SH   SOLE   47,717 0 0
GREATBATCH INC COMMON STOCK USD.001 39153L106 1,161 25,280 SH   SOLE   25,280 0 0
GREENBRIER COMPANIES INC COMMON STOCK NPV 393657101 2,631 57,689 SH   SOLE   57,689 0 0
HALLIBURTON CO COMMON STOCK USD2.5 406216101 4,592 77,973 SH   SOLE   77,973 0 0
HANESBRANDS INC COMMON STOCK USD.01 410345102 4,836 63,232 SH   SOLE   63,232 0 0
HARMAN INTERNATIONAL COMMON STOCK USD.01 413086109 2,168 20,378 SH   SOLE   20,378 0 0
HARRIS CORP COMMON STOCK USD1. 413875105 4,925 67,317 SH   SOLE   67,317 0 0
HAVERTY FURNITURE COMMON STOCK USD1. 419596101 1,640 55,219 SH   SOLE   55,219 0 0
HAWAIIAN HOLDINGS INC COMMON STOCK USD.01 419879101 1,234 88,413 SH   SOLE   88,413 0 0
HCA HOLDINGS INC COMMON STOCK USD.01 40412C101 2,216 42,207 SH   SOLE   42,207 0 0
HEALTHSOUTH CORP W/D COMMON STOCK USD.01 421924309 1,889 52,584 SH   SOLE   52,584 0 0
HEARTLAND EXPRESS INC COMMON STOCK USD.01 422347104 937 41,281 SH   SOLE   41,281 0 0
HELMERICH + PAYNE COMMON STOCK USD.1 423452101 4,867 45,253 SH   SOLE   45,253 0 0
HENRY SCHEIN INC COMMON STOCK USD.01 806407102 1,384 11,598 SH   SOLE   11,598 0 0
HERBALIFE LTD COMMON STOCK USD.002 G4412G101 3,585 62,600 SH   SOLE   62,600 0 0
HERMAN MILLER INC COMMON STOCK USD.2 600544100 1,606 49,996 SH   SOLE   49,996 0 0
HEWLETT PACKARD CO COMMON STOCK USD.01 428236103 29,585 914,232 SH   SOLE   914,232 0 0
HILL ROM HOLDINGS INC COMMON STOCK NPV 431475102 3,844 99,734 SH   SOLE   99,734 0 0
HMS HOLDINGS CORP COMMON STOCK USD.01 40425J101 1,033 54,200 SH   SOLE   54,200 0 0
HOLLYFRONTIER CORP COMMON STOCK USD.01 436106108 5,499 115,575 SH   SOLE   115,575 0 0
HOME DEPOT INC COMMON STOCK USD.05 437076102 7,256 91,699 SH   SOLE   91,699 0 0
HOMESTREET INC COMMON STOCK 43785V102 477 24,409 SH   SOLE   24,409 0 0
HOSPITALITY PROPERTIES TRUST REIT USD.01 44106M102 4,423 154,000 SH   SOLE   154,000 0 0
HSN INC COMMON STOCK USD.01 404303109 9,031 151,200 SH   SOLE   151,200 0 0
HUMANA INC COMMON STOCK USD.166 444859102 2,067 18,340 SH   SOLE   18,340 0 0
HUNTINGTON INGALLS INDUSTRIE COMMON STOCK USD.01 446413106 926 9,058 SH   SOLE   9,058 0 0
HUNTSMAN CORP COMMON STOCK USD.01 447011107 4,048 165,752 SH   SOLE   165,752 0 0
HUTCHINSON TECHNOLOGY SR UNSECURED 01/26 8.5 448407AG1 1,920 2,000,000 SH   SOLE   2,000,000 0 0
HYSTER YALE MATERIALS COMMON STOCK USD.01 449172105 1,753 17,976 SH   SOLE   17,976 0 0
IAC/INTERACTIVECORP COMMON STOCK USD.001 44919P508 4,847 67,894 SH   SOLE   67,894 0 0
ICONIX BRAND GROUP INC COMMON STOCK USD.001 451055107 6,425 163,623 SH   SOLE   163,623 0 0
IDACORP INC COMMON STOCK NPV 451107106 1,659 29,904 SH   SOLE   29,904 0 0
INGERSOLL RAND PLC COMMON STOCK USD1. G47791101 213 3,729 SH   SOLE   3,729 0 0
INGREDION INC COMMON STOCK USD.01 457187102 3,889 57,125 SH   SOLE   57,125 0 0
INSIGHT ENTERPRISES INC COMMON STOCK USD.01 45765U103 2,197 87,483 SH   SOLE   87,483 0 0
INSYS THERAPEUTICS INC COMMON STOCK USD.0002145 45824V209 728 17,570 SH   SOLE   17,570 0 0
INTEL CORP COMMON STOCK USD.001 458140100 8,810 341,326 SH   SOLE   341,326 0 0
INTERCONTINENTALEXCHANGE GRO COMMON STOCK USD.01 45866F104 124 625 SH   SOLE   625 0 0
INTERDIGITAL INC COMMON STOCK USD.01 45867G101 894 26,988 SH   SOLE   26,988 0 0
INTERNATIONAL PAPER CO COMMON STOCK USD1. 460146103 14,200 309,510 SH   SOLE   309,510 0 0
INTL BUSINESS MACHINES CORP COMMON STOCK USD.2 459200101 4,511 23,434 SH   SOLE   23,434 0 0
INTL FLAVORS + FRAGRANCES COMMON STOCK USD.125 459506101 1,004 10,494 SH   SOLE   10,494 0 0
ISHARES MSCI BRAZIL CAPPED ETF ISHARES MSCI BRAZIL CAPPED E 464286400 187 4,146 SH   SOLE   4,146 0 0
ISHARES MSCI CHILE CAPPED ETF ISHARES MSCI CHILE CAPPED ET 464286640 605 13,282 SH   SOLE   13,282 0 0
ISHARES MSCI EAFE ETF ISHARES MSCI EAFE ETF 464287465 495,661 7,379,208 SH   SOLE   7,379,208 0 0
ISHARES MSCI EMERGING MARKETS ISHARES MSCI EMERGING MARKET 464287234 129,879 3,168,561 SH   SOLE   3,168,561 0 0
ISHARES MSCI EMERGING MARKETS ISHARES MSCI EMERGING MARKET 464287234 204,929 4,999,483 SH   SOLE   0 0 4,999,483
ISHARES MSCI INDONESIA ETF ISHARES MSCI INDONESIA ETF 46429B309 339 12,276 SH   SOLE   12,276 0 0
ISHARES MSCI MALAYSIA ETF ISHARES MSCI MALAYSIA ETF 464286830 688 43,982 SH   SOLE   43,982 0 0
ISHARES MSCI POLAND CAPPED ETF ISHARES MSCI POLAND CAPPED E 46429B606 1,919 63,849 SH   SOLE   63,849 0 0
ISHARES MSCI RUSSIA CAPPED ETF ISHARES MSCI RUSSIA CAPPED E 46429B705 1,123 60,852 SH   SOLE   60,852 0 0
ISHARES MSCI SOUTH KOREA CAPPE ISHARES MSCI SOUTH KOREA CAP 464286772 8,106 131,805 SH   SOLE   131,805 0 0
ISHARES MSCI TAIWAN ETF ISHARES MSCI TAIWAN ETF 464286731 1,654 114,988 SH   SOLE   114,988 0 0
ISIS PHARMACEUTICALS INC COMMON STOCK USD.001 464330109 1,220 28,237 SH   SOLE   28,237 0 0
ITT EDUCATIONAL SERVICES INC COMMON STOCK USD.01 45068B109 710 24,771 SH   SOLE   24,771 0 0
J2 GLOBAL INC COMMON STOCK USD.01 48123V102 4,848 96,872 SH   SOLE   96,872 0 0
JABIL CIRCUIT INC COMMON STOCK USD.001 466313103 13,405 744,726 SH   SOLE   744,726 0 0
JAZZ PHARMACEUTICALS PLC COMMON STOCK USD.0001 G50871105 3,371 24,308 SH   SOLE   24,308 0 0
JOHNSON + JOHNSON COMMON STOCK USD1. 478160104 22,920 233,333 SH   SOLE   233,333 0 0
JOHNSON CONTROLS INC COMMON STOCK USD.01388 478366107 885 18,706 SH   SOLE   18,706 0 0
JONES LANG LASALLE INC COMMON STOCK USD.01 48020Q107 7,224 60,963 SH   SOLE   60,963 0 0
JOY GLOBAL INC COMMON STOCK USD1. 481165108 20,322 350,379 SH   SOLE   350,379 0 0
JPMORGAN CHASE + CO COMMON STOCK USD1.0 46625H100 46,492 765,801 SH   SOLE   765,801 0 0
KADANT INC COMMON STOCK USD.01 48282T104 1,246 34,170 SH   SOLE   34,170 0 0
KELLY SERVICES INC A COMMON STOCK USD1. 488152208 914 38,532 SH   SOLE   38,532 0 0
KENNAMETAL INC COMMON STOCK USD1.25 489170100 20,605 465,132 SH   SOLE   465,132 0 0
KENNEDY WILSON HOLDINGS INC COMMON STOCK USD.0001 489398107 887 39,400 SH   SOLE   39,400 0 0
KEYCORP COMMON STOCK USD1. 493267108 2,783 195,428 SH   SOLE   195,428 0 0
KIMBERLY CLARK CORP COMMON STOCK USD1.25 494368103 3,877 35,167 SH   SOLE   35,167 0 0
KIMCO REALTY CORP REIT USD.01 49446R109 2,640 120,638 SH   SOLE   120,638 0 0
KINDRED HEALTHCARE INC COMMON STOCK USD.25 494580103 1,211 51,700 SH   SOLE   51,700 0 0
KLA TENCOR CORPORATION COMMON STOCK USD.001 482480100 3,825 55,329 SH   SOLE   55,329 0 0
KOHLS CORP COMMON STOCK USD.01 500255104 949 16,710 SH   SOLE   16,710 0 0
KORN/FERRY INTERNATIONAL COMMON STOCK USD.01 500643200 1,693 56,863 SH   SOLE   56,863 0 0
KRAFT FOODS GROUP INC COMMON STOCK 50076Q106 26,635 474,771 SH   SOLE   474,771 0 0
KROGER CO COMMON STOCK USD1. 501044101 8,775 201,037 SH   SOLE   201,037 0 0
L 3 COMMUNICATIONS HOLDINGS COMMON STOCK USD.01 502424104 7,584 64,190 SH   SOLE   64,190 0 0
LAM RESEARCH CORP COMMON STOCK USD.001 512807108 9,709 176,525 SH   SOLE   176,525 0 0
LAS VEGAS SANDS CORP COMMON STOCK USD.001 517834107 720 8,908 SH   SOLE   8,908 0 0
LASALLE HOTEL PROPERTIES REIT USD.01 517942108 2,558 81,710 SH   SOLE   81,710 0 0
LATTICE SEMICONDUCTOR CORP COMMON STOCK USD.01 518415104 2,287 291,770 SH   SOLE   291,770 0 0
LEAR CORP COMMON STOCK USD.01 521865204 1,724 20,591 SH   SOLE   20,591 0 0
LEGG MASON INC COMMON STOCK USD.1 524901105 999 20,378 SH   SOLE   20,378 0 0
LEUCADIA NATIONAL CORP COMMON STOCK USD1. 527288104 2,230 79,626 SH   SOLE   79,626 0 0
LEVEL 3 COMMUNICATIONS INC COMMON STOCK USD.01 52729N308 13,496 344,822 SH   SOLE   344,822 0 0
LG DISPLAY CO LTD ADR ADR 50186V102 383 30,612 SH   SOLE   30,612 0 0
LIBERTY VENTURES SER A COMMON STOCK 53071M880 3,258 25,000 SH   SOLE   25,000 0 0
LINCOLN ELECTRIC HOLDINGS COMMON STOCK NPV 533900106 3,118 43,298 SH   SOLE   43,298 0 0
LINCOLN NATIONAL CORP COMMON STOCK NPV 534187109 1,033 20,378 SH   SOLE   20,378 0 0
LINEAR TECHNOLOGY CORP COMMON STOCK USD.001 535678106 819 16,815 SH   SOLE   16,815 0 0
LITHIA MOTORS INC CL A COMMON STOCK NPV 536797103 1,434 21,573 SH   SOLE   21,573 0 0
LITTELFUSE INC COMMON STOCK USD.01 537008104 2,497 26,664 SH   SOLE   26,664 0 0
LKQ CORP COMMON STOCK USD.01 501889208 1,608 61,018 SH   SOLE   61,018 0 0
LOUISIANA PACIFIC CORP COMMON STOCK USD1. 546347105 1,171 69,434 SH   SOLE   69,434 0 0
LOWE S COS INC COMMON STOCK USD.5 548661107 3,986 81,511 SH   SOLE   81,511 0 0
LTC PROPERTIES INC REIT USD.01 502175102 1,158 30,782 SH   SOLE   30,782 0 0
LYONDELLBASELL INDU CL A COMMON STOCK N53745100 7,886 88,663 SH   SOLE   88,663 0 0
MACY S INC COMMON STOCK USD.01 55616P104 29,209 492,653 SH   SOLE   492,653 0 0
MANHATTAN ASSOCIATES INC COMMON STOCK USD.01 562750109 1,567 44,724 SH   SOLE   44,724 0 0
MANITEX INTERNATIONAL INC COMMON STOCK NPV 563420108 1,245 76,380 SH   SOLE   76,380 0 0
MANITOWOC COMPANY INC COMMON STOCK USD.01 563571108 705 22,404 SH   SOLE   22,404 0 0
MANNING + NAPIER INC COMMON STOCK USD.01 56382Q102 787 46,951 SH   SOLE   46,951 0 0
MANNKIND CORP SR UNSECURED 08/15 5.75 56400PAC6 2,844 3,005,000 SH   SOLE   3,005,000 0 0
MANNKIND CORP SR UNSECURED 08/15 5.75 56400PAC6 2,531 2,675,000 SH   SOLE   0 0 2,675,000
MANPOWERGROUP INC COMMON STOCK USD.01 56418H100 3,675 46,624 SH   SOLE   46,624 0 0
MARATHON OIL CORP COMMON STOCK USD1. 565849106 3,185 89,661 SH   SOLE   89,661 0 0
MARATHON PETROLEUM CORP COMMON STOCK 56585A102 3,172 36,442 SH   SOLE   36,442 0 0
MARKETAXESS HOLDINGS INC COMMON STOCK USD.003 57060D108 1,268 21,406 SH   SOLE   21,406 0 0
MARRIOTT VACATIONS WORLD COMMON STOCK USD.01 57164Y107 9,805 175,367 SH   SOLE   175,367 0 0
MARSH + MCLENNAN COS COMMON STOCK USD1. 571748102 462 9,364 SH   SOLE   9,364 0 0
MARVELL TECHNOLOGY GROUP LTD COMMON STOCK USD.002 G5876H105 4,596 291,783 SH   SOLE   291,783 0 0
MASTERCARD INC CLASS A COMMON STOCK USD.0001 57636Q104 6,089 81,511 SH   SOLE   81,511 0 0
MB FINANCIAL INC COMMON STOCK USD.01 55264U108 1,314 42,453 SH   SOLE   42,453 0 0
MCDONALD S CORP COMMON STOCK USD.01 580135101 46,925 478,680 SH   SOLE   478,680 0 0
MCKESSON CORP COMMON STOCK USD.01 58155Q103 4,857 27,510 SH   SOLE   27,510 0 0
MEAD JOHNSON NUTRITION CO COMMON STOCK USD.01 582839106 1,824 21,944 SH   SOLE   21,944 0 0
MEDNAX INC COMMON STOCK USD.01 58502B106 4,976 80,287 SH   SOLE   80,287 0 0
MEDTRONIC INC COMMON STOCK USD.1 585055106 36,564 594,155 SH   SOLE   594,155 0 0
MELCO CROWN ENTERTAINME ADR ADR USD.01 585464100 621 16,080 SH   SOLE   16,080 0 0
MENTOR GRAPHICS CORP COMMON STOCK NPV 587200106 7,773 352,992 SH   SOLE   352,992 0 0
MERCK + CO. INC. COMMON STOCK USD.5 58933Y105 86,781 1,528,640 SH   SOLE   1,528,640 0 0
METLIFE INC COMMON STOCK USD.01 59156R108 21,850 413,834 SH   SOLE   413,834 0 0
MICHAEL KORS HOLDINGS LTD COMMON STOCK NPV G60754101 1,893 20,300 SH   SOLE   20,300 0 0
MICROCHIP TECHNOLOGY INC COMMON STOCK USD.001 595017104 837 17,519 SH   SOLE   17,519 0 0
MICROSOFT CORP COMMON STOCK USD.00000625 594918104 47,218 1,151,938 SH   SOLE   1,151,938 0 0
MID AMERICA APARTMENT COMM REIT USD.01 59522J103 3,354 49,122 SH   SOLE   49,122 0 0
MKS INSTRUMENTS INC COMMON STOCK NPV 55306N104 1,414 47,295 SH   SOLE   47,295 0 0
MOLSON COORS BREWING CO B COMMON STOCK USD.01 60871R209 8,757 148,775 SH   SOLE   148,775 0 0
MONARCH CASINO + RESORT INC COMMON STOCK USD.01 609027107 1,199 64,684 SH   SOLE   64,684 0 0
MONDELEZ INTERNATIONAL INC A COMMON STOCK NPV 609207105 2,992 86,605 SH   SOLE   86,605 0 0
MORGAN STANLEY COMMON STOCK USD.01 617446448 2,889 92,670 SH   SOLE   92,670 0 0
MOSAIC CO/THE COMMON STOCK USD.01 61945C103 21,547 430,941 SH   SOLE   430,941 0 0
MRC GLOBAL INC COMMON STOCK USD.01 55345K103 7,068 262,165 SH   SOLE   262,165 0 0
MURPHY OIL CORP COMMON STOCK USD1. 626717102 5,874 93,443 SH   SOLE   93,443 0 0
MYLAN INC COMMON STOCK USD.5 628530107 2,855 58,460 SH   SOLE   58,460 0 0
MYRIAD GENETICS INC COMMON STOCK USD.01 62855J104 2,465 72,100 SH   SOLE   72,100 0 0
NABORS INDUSTRIES LTD COMMON STOCK USD.001 G6359F103 2,888 117,171 SH   SOLE   117,171 0 0
NASDAQ OMX GROUP/THE COMMON STOCK USD.01 631103108 2,203 59,638 SH   SOLE   59,638 0 0
NATIONAL OILWELL VARCO INC COMMON STOCK USD.01 637071101 30,725 394,569 SH   SOLE   394,569 0 0
NATIONSTAR MORTGAGE HOLDINGS COMMON STOCK USD.01 63861C109 1,268 39,064 SH   SOLE   39,064 0 0
NAVISTAR INTERNATIONAL CORP COMMON STOCK USD.1 63934E108 20,555 606,874 SH   SOLE   606,874 0 0
NEENAH PAPER INC COMMON STOCK USD.01 640079109 2,451 47,398 SH   SOLE   47,398 0 0
NETGEAR INC COMMON STOCK USD.001 64111Q104 2,532 75,075 SH   SOLE   75,075 0 0
NEUROCRINE BIOSCIENCES INC COMMON STOCK USD.001 64125C109 626 38,880 SH   SOLE   38,880 0 0
NEWELL RUBBERMAID INC COMMON STOCK USD1. 651229106 18,753 627,205 SH   SOLE   627,205 0 0
NEWPARK RESOURCES INC COMMON STOCK USD.01 651718504 1,349 117,816 SH   SOLE   117,816 0 0
NEXTERA ENERGY INC COMMON STOCK USD.01 65339F101 2,797 29,246 SH   SOLE   29,246 0 0
NN INC COMMON STOCK USD.01 629337106 1,328 67,409 SH   SOLE   67,409 0 0
NOBLE CORP PLC COMMON STOCK USD.01 G65431101 1,401 42,793 SH   SOLE   42,793 0 0
NOKIA CORP SPON ADR ADR 654902204 1,259 171,591 SH   SOLE   171,591 0 0
NORFOLK SOUTHERN CORP COMMON STOCK USD1. 655844108 5,059 52,059 SH   SOLE   52,059 0 0
NORTHEAST UTILITIES COMMON STOCK USD5. 664397106 1,993 43,812 SH   SOLE   43,812 0 0
NORTHERN OIL AND GAS INC COMMON STOCK USD.001 665531109 1,987 135,934 SH   SOLE   135,934 0 0
NORTHROP GRUMMAN CORP COMMON STOCK USD1. 666807102 13,045 105,727 SH   SOLE   105,727 0 0
NRG ENERGY INC COMMON STOCK USD.01 629377508 18,483 581,238 SH   SOLE   581,238 0 0
NU SKIN ENTERPRISES INC A COMMON STOCK USD.001 67018T105 1,115 13,454 SH   SOLE   13,454 0 0
OASIS PETROLEUM INC COMMON STOCK USD.01 674215108 2,363 56,614 SH   SOLE   56,614 0 0
OCCIDENTAL PETROLEUM CORP COMMON STOCK USD.2 674599105 38,108 399,911 SH   SOLE   399,911 0 0
OCEANEERING INTL INC COMMON STOCK USD.25 675232102 2,265 31,524 SH   SOLE   31,524 0 0
OCWEN FINANCIAL CORP COMMON STOCK USD.01 675746309 603 15,400 SH   SOLE   15,400 0 0
OMEGA HEALTHCARE INVESTORS REIT USD.1 681936100 4,623 137,920 SH   SOLE   137,920 0 0
OMEGA PROTEIN CORP COMMON STOCK USD.01 68210P107 1,012 83,852 SH   SOLE   83,852 0 0
OMNICARE INC COMMON STOCK USD1. 681904108 4,049 67,853 SH   SOLE   67,853 0 0
OMNIVISION TECHNOLOGIES INC COMMON STOCK USD.001 682128103 1,739 98,244 SH   SOLE   98,244 0 0
ORACLE CORP COMMON STOCK USD.01 68389X105 73,781 1,803,490 SH   SOLE   1,803,490 0 0
ORMAT TECHNOLOGIES INC COMMON STOCK USD.001 686688102 1,117 37,225 SH   SOLE   37,225 0 0
OSHKOSH CORP COMMON STOCK USD.01 688239201 9,477 160,974 SH   SOLE   160,974 0 0
OUTERWALL INC W/I COMMON STOCK USD.001 690070107 1,814 25,019 SH   SOLE   25,019 0 0
OWENS ILLINOIS INC COMMON STOCK USD.01 690768403 5,291 156,407 SH   SOLE   156,407 0 0
P G + E CORP COMMON STOCK NPV 69331C108 1,600 37,041 SH   SOLE   37,041 0 0
PACCAR INC COMMON STOCK USD1. 693718108 549 8,136 SH   SOLE   8,136 0 0
PACKAGING CORP OF AMERICA COMMON STOCK USD.01 695156109 4,011 57,000 SH   SOLE   57,000 0 0
PAREXEL INTERNATIONAL CORP COMMON STOCK USD.01 699462107 2,215 40,948 SH   SOLE   40,948 0 0
PARKER HANNIFIN CORP COMMON STOCK USD.5 701094104 852 7,121 SH   SOLE   7,121 0 0
PC CONNECTION INC COMMON STOCK USD.01 69318J100 624 30,733 SH   SOLE   30,733 0 0
PDL BIOPHARMA INC COMMON STOCK USD.01 69329Y104 725 87,194 SH   SOLE   87,194 0 0
PEBBLEBROOK HOTEL TRUST REIT USD.01 70509V100 2,849 84,363 SH   SOLE   84,363 0 0
PENSKE AUTOMOTIVE GROUP INC COMMON STOCK USD.0001 70959W103 4,310 100,793 SH   SOLE   100,793 0 0
PEPSICO INC COMMON STOCK USD.017 713448108 4,934 59,095 SH   SOLE   59,095 0 0
PERFICIENT INC COMMON STOCK USD.001 71375U101 1,260 69,540 SH   SOLE   69,540 0 0
PETROCHINA CO LTD ADR ADR 71646E100 1,008 9,293 SH   SOLE   9,293 0 0
PETSMART INC COMMON STOCK USD.0001 716768106 4,189 60,800 SH   SOLE   60,800 0 0
PFIZER INC COMMON STOCK USD.05 717081103 93,588 2,913,687 SH   SOLE   2,913,687 0 0
PHILIP MORRIS INTERNATIONAL COMMON STOCK NPV 718172109 20,625 251,923 SH   SOLE   251,923 0 0
PHOTOMEDEX INC COMMON STOCK USD.01 719358301 698 44,124 SH   SOLE   44,124 0 0
PICO HOLDINGS INC COMMON STOCK USD.001 693366205 1,811 69,692 SH   SOLE   69,692 0 0
PIER 1 IMPORTS INC COMMON STOCK USD.001 720279108 1,719 91,070 SH   SOLE   91,070 0 0
PINNACLE WEST CAPITAL COMMON STOCK NPV 723484101 5,247 95,988 SH   SOLE   95,988 0 0
PLANTRONICS INC COMMON STOCK USD.01 727493108 1,306 29,392 SH   SOLE   29,392 0 0
PLEXUS CORP COMMON STOCK USD.01 729132100 1,444 36,046 SH   SOLE   36,046 0 0
PNC FINANCIAL SERVICES GROUP COMMON STOCK USD5. 693475105 28,266 324,901 SH   SOLE   324,901 0 0
POLARIS INDUSTRIES INC COMMON STOCK USD.01 731068102 2,212 15,831 SH   SOLE   15,831 0 0
PORTFOLIO RECOVERY ASSOCIATE COMMON STOCK USD.01 73640Q105 992 17,137 SH   SOLE   17,137 0 0
PORTLAND GENERAL ELECTRIC CO COMMON STOCK NPV 736508847 1,522 47,054 SH   SOLE   47,054 0 0
POSCO ADR ADR 693483109 66,358 956,022 SH   SOLE   956,022 0 0
POSCO ADR ADR 693483109 103,226 1,487,198 SH   SOLE   0 0 1,487,198
PPL CORPORATION COMMON STOCK USD.01 69351T106 2,415 72,864 SH   SOLE   72,864 0 0
PRAXAIR INC COMMON STOCK USD.01 74005P104 22,435 171,299 SH   SOLE   171,299 0 0
PRICELINE GROUP INC/THE COMMON STOCK USD.008 741503403 477 400 SH   SOLE   400 0 0
PROCTER + GAMBLE CO/THE COMMON STOCK 742718109 68,937 855,299 SH   SOLE   855,299 0 0
PROLOGIS INC REIT USD.01 74340W103 1,082 26,491 SH   SOLE   26,491 0 0
PROSPECT CAPITAL CORP COMMON STOCK USD.001 74348T102 1,895 175,500 SH   SOLE   175,500 0 0
PROSPERITY BANCSHARES INC COMMON STOCK USD1. 743606105 4,044 61,141 SH   SOLE   61,141 0 0
PROVIDENCE SERVICE CORP SR SUB NOTES 05/14 6.5 743815AB8 503 500,000 SH   SOLE   500,000 0 0
PROVIDENCE SERVICE CORP SR SUB NOTES 05/14 6.5 743815AB8 1,005 1,000,000 SH   SOLE   0 0 1,000,000
PRUDENTIAL FINANCIAL INC COMMON STOCK USD.01 744320102 100 1,181 SH   SOLE   1,181 0 0
PTC INC COMMON STOCK USD.01 69370C100 4,160 117,413 SH   SOLE   117,413 0 0
PUBLIC SERVICE ENTERPRISE GP COMMON STOCK NPV 744573106 17,822 467,276 SH   SOLE   467,276 0 0
PUBLIC STORAGE REIT USD.1 74460D109 2,403 14,264 SH   SOLE   14,264 0 0
PULTEGROUP INC COMMON STOCK USD.01 745867101 6,663 347,219 SH   SOLE   347,219 0 0
PUMA BIOTECHNOLOGY INC COMMON STOCK USD.0001 74587V107 1,241 11,917 SH   SOLE   11,917 0 0
PVH CORP COMMON STOCK USD1. 693656100 550 4,407 SH   SOLE   4,407 0 0
QIAGEN N.V. COMMON STOCK EUR.01 N72482107 1,205 57,144 SH   SOLE   57,144 0 0
QUALCOMM INC COMMON STOCK USD.0001 747525103 12,652 160,430 SH   SOLE   160,430 0 0
QUALITY SYSTEMS INC COMMON STOCK USD.01 747582104 383 22,695 SH   SOLE   22,695 0 0
QUESTCOR PHARMACEUTICALS COMMON STOCK NPV 74835Y101 3,874 59,660 SH   SOLE   59,660 0 0
RAYTHEON COMPANY COMMON STOCK USD.01 755111507 13,880 140,503 SH   SOLE   140,503 0 0
RECEPTOS INC COMMON STOCK USD.001 756207106 414 9,871 SH   SOLE   9,871 0 0
REGAL BELOIT CORP COMMON STOCK USD.01 758750103 861 11,846 SH   SOLE   11,846 0 0
RELIANCE STEEL + ALUMINUM COMMON STOCK NPV 759509102 16,100 227,848 SH   SOLE   227,848 0 0
REPLIGEN CORP COMMON STOCK USD.01 759916109 579 45,032 SH   SOLE   45,032 0 0
RESMED INC COMMON STOCK USD.004 761152107 6,962 155,790 SH   SOLE   155,790 0 0
RETAIL OPPORTUNITY INVESTMEN REIT USD.0001 76131N101 1,697 113,593 SH   SOLE   113,593 0 0
RITE AID CORP COMMON STOCK USD1. 767754104 3,382 539,445 SH   SOLE   539,445 0 0
RLJ LODGING TRUST REIT 74965L101 4,355 162,882 SH   SOLE   162,882 0 0
ROCK TENN COMPANY CL A COMMON STOCK USD.01 772739207 5,770 54,657 SH   SOLE   54,657 0 0
ROCKWELL AUTOMATION INC COMMON STOCK USD1. 773903109 7,055 56,640 SH   SOLE   56,640 0 0
ROCKWELL COLLINS INC COMMON STOCK USD.01 774341101 932 11,694 SH   SOLE   11,694 0 0
ROSETTA RESOURCES INC COMMON STOCK USD.001 777779307 2,652 56,941 SH   SOLE   56,941 0 0
ROVI CORP COMMON STOCK USD.001 779376102 1,093 47,967 SH   SOLE   47,967 0 0
RPX CORP COMMON STOCK USD.0001 74972G103 1,260 77,401 SH   SOLE   77,401 0 0
RYLAND GROUP INC/THE COMMON STOCK USD1. 783764103 1,688 42,271 SH   SOLE   42,271 0 0
SAGENT PHARMACEUTICALS INC COMMON STOCK USD.01 786692103 902 38,602 SH   SOLE   38,602 0 0
SALIX PHARMACEUTICALS LTD COMMON STOCK USD.001 795435106 5,238 50,552 SH   SOLE   50,552 0 0
SANDERSON FARMS INC COMMON STOCK USD1. 800013104 6,933 88,324 SH   SOLE   88,324 0 0
SANDISK CORP COMMON STOCK USD.001 80004C101 1,241 15,283 SH   SOLE   15,283 0 0
SBA COMMUNICATIONS CORP CL A COMMON STOCK USD.01 78388J106 2,446 26,891 SH   SOLE   26,891 0 0
SCHLUMBERGER LTD COMMON STOCK USD.01 806857108 54,874 562,809 SH   SOLE   562,809 0 0
SCHULMAN (A.) INC COMMON STOCK USD1. 808194104 731 20,159 SH   SOLE   20,159 0 0
SEALED AIR CORP COMMON STOCK USD.1 81211K100 2,512 76,416 SH   SOLE   76,416 0 0
SELECT COMFORT CORPORATION COMMON STOCK USD.01 81616X103 1,183 65,457 SH   SOLE   65,457 0 0
SELECT INCOME REIT REIT USD.01 81618T100 1,732 57,204 SH   SOLE   57,204 0 0
SEMPRA ENERGY COMMON STOCK NPV 816851109 1,873 19,359 SH   SOLE   19,359 0 0
SENSIENT TECHNOLOGIES CORP COMMON STOCK USD.1 81725T100 1,077 19,089 SH   SOLE   19,089 0 0
SHINHAN FINANCIAL GROUP ADR ADR 824596100 1,050 23,899 SH   SOLE   23,899 0 0
SIMMONS FIRST NATL CORP CL A COMMON STOCK USD.01 828730200 773 20,728 SH   SOLE   20,728 0 0
SIMON PROPERTY GROUP INC REIT USD.0001 828806109 4,144 25,268 SH   SOLE   25,268 0 0
SINCLAIR BROADCAST GROUP A COMMON STOCK USD.01 829226109 911 33,621 SH   SOLE   33,621 0 0
SIX FLAGS ENTERTAINMENT CORP COMMON STOCK 83001A102 2,277 56,700 SH   SOLE   56,700 0 0
SKYWORKS SOLUTIONS INC COMMON STOCK USD.25 83088M102 7,941 211,651 SH   SOLE   211,651 0 0
SL GREEN REALTY CORP REIT USD.01 78440X101 5,086 50,545 SH   SOLE   50,545 0 0
SM ENERGY CO COMMON STOCK USD.01 78454L100 314 4,400 SH   SOLE   4,400 0 0
SMITH + WESSON HOLDING CORP COMMON STOCK USD.001 831756101 731 49,984 SH   SOLE   49,984 0 0
SNAP ON INC COMMON STOCK USD1. 833034101 3,108 27,392 SH   SOLE   27,392 0 0
SOHU.COM INC COMMON STOCK USD.001 83408W103 1,985 30,500 SH   SOLE   30,500 0 0
SOUTHERN CO/THE COMMON STOCK USD5. 842587107 2,328 52,982 SH   SOLE   52,982 0 0
SOUTHWEST AIRLINES CO COMMON STOCK USD1. 844741108 7,457 315,854 SH   SOLE   315,854 0 0
SOVRAN SELF STORAGE INC REIT USD.01 84610H108 1,683 22,917 SH   SOLE   22,917 0 0
SPDR S+P 500 ETF TRUST SPDR S+P 500 ETF TRUST 78462F103 11,690 62,500 SH   SOLE   62,500 0 0
SPIRIT AIRLINES INC COMMON STOCK USD.0001 848577102 1,892 31,852 SH   SOLE   31,852 0 0
SPX CORP COMMON STOCK USD10. 784635104 978 9,947 SH   SOLE   9,947 0 0
SS+C TECHNOLOGIES HOLDINGS COMMON STOCK USD.01 78467J100 2,221 55,496 SH   SOLE   55,496 0 0
STAPLES INC COMMON STOCK USD.0006 855030102 1,569 138,361 SH   SOLE   138,361 0 0
STARZ A COMMON STOCK USD.01 85571Q102 5,847 181,128 SH   SOLE   181,128 0 0
STEEL DYNAMICS INC COMMON STOCK USD.005 858119100 5,795 325,767 SH   SOLE   325,767 0 0
STERIS CORP COMMON STOCK NPV 859152100 2,016 42,225 SH   SOLE   42,225 0 0
STEWART INFORMATION SERVICES COMMON STOCK USD1. 860372101 1,735 49,374 SH   SOLE   49,374 0 0
STRYKER CORP COMMON STOCK USD.1 863667101 5,811 71,322 SH   SOLE   71,322 0 0
STURM RUGER + CO INC COMMON STOCK USD1. 864159108 458 7,652 SH   SOLE   7,652 0 0
SUPERNUS PHARMACEUTICALS INC COMMON STOCK USD.001 868459108 1 100 SH   SOLE   100 0 0
SUSQUEHANNA BANCSHARES INC COMMON STOCK USD2. 869099101 1,407 123,548 SH   SOLE   123,548 0 0
SYMANTEC CORP COMMON STOCK USD.01 871503108 1,250 62,591 SH   SOLE   62,591 0 0
SYNNEX CORP COMMON STOCK USD.001 87162W100 2,072 34,187 SH   SOLE   34,187 0 0
SYNOPSYS INC COMMON STOCK USD.01 871607107 5,230 136,157 SH   SOLE   136,157 0 0
T ROWE PRICE GROUP INC COMMON STOCK USD.2 74144T108 1,705 20,700 SH   SOLE   20,700 0 0
TAIWAN SEMICONDUCTOR SP ADR ADR 874039100 42,297 2,112,725 SH   SOLE   2,112,725 0 0
TAIWAN SEMICONDUCTOR SP ADR ADR 874039100 85,821 4,286,777 SH   SOLE   0 0 4,286,777
TARGET CORP COMMON STOCK USD.0833 87612E106 5,364 88,643 SH   SOLE   88,643 0 0
TE CONNECTIVITY LTD COMMON STOCK CHF.57 H84989104 2,331 38,718 SH   SOLE   38,718 0 0
TECH DATA CORP COMMON STOCK USD.0015 878237106 3,685 60,442 SH   SOLE   60,442 0 0
TECK RESOURCES LTD CLS B COMMON STOCK NPV 878742204 12,879 594,032 SH   SOLE   594,032 0 0
TERADATA CORP COMMON STOCK USD.01 88076W103 3,185 64,742 SH   SOLE   64,742 0 0
TERADYNE INC COMMON STOCK USD.125 880770102 3,259 163,869 SH   SOLE   163,869 0 0
TERNIUM SA SPONSORED ADR ADR USD1. 880890108 96,648 3,267,347 SH   SOLE   3,267,347 0 0
TERNIUM SA SPONSORED ADR ADR USD1. 880890108 165,808 5,605,396 SH   SOLE   0 0 5,605,396
TESORO CORP COMMON STOCK USD.167 881609101 5,043 99,683 SH   SOLE   99,683 0 0
TESSCO TECHNOLOGIES INC COMMON STOCK USD.01 872386107 1,085 29,040 SH   SOLE   29,040 0 0
TETRA TECH INC COMMON STOCK USD.01 88162G103 2,265 76,540 SH   SOLE   76,540 0 0
TETRAPHASE PHARMACEUTICALS I COMMON STOCK USD.001 88165N105 217 19,915 SH   SOLE   19,915 0 0
TEXTRON INC COMMON STOCK USD.125 883203101 19,431 494,559 SH   SOLE   494,559 0 0
THERMO FISHER SCIENTIFIC INC COMMON STOCK USD1. 883556102 313 2,600 SH   SOLE   2,600 0 0
THIRD POINT REINSURANCE LTD COMMON STOCK USD.1 G8827U100 4,825 304,432 SH   SOLE   304,432 0 0
THOMPSON CREEK METALS CO PREFERRED STOCK 05/15 6.5 884768300 563 43,567 SH   SOLE   43,567 0 0
THOMPSON CREEK METALS CO PREFERRED STOCK 05/15 6.5 884768300 126 9,700 SH   SOLE   0 0 9,700
TIBCO SOFTWARE INC COMMON STOCK USD.001 88632Q103 1,481 72,879 SH   SOLE   72,879 0 0
TIME WARNER CABLE COMMON STOCK USD.01 88732J207 3,271 23,842 SH   SOLE   23,842 0 0
TIMKEN CO COMMON STOCK NPV 887389104 4,855 82,604 SH   SOLE   82,604 0 0
TOWER GROUP INTL LTD SR UNSECURED 09/14 5 891777AC8 1,228 1,300,000 SH   SOLE   1,300,000 0 0
TOWER GROUP INTL LTD SR UNSECURED 09/14 5 891777AC8 662 700,000 SH   SOLE   0 0 700,000
TOWERS WATSON + CO CL A COMMON STOCK USD.01 891894107 4,502 39,477 SH   SOLE   39,477 0 0
TRANSDIGM GROUP INC COMMON STOCK USD.01 893641100 601 3,244 SH   SOLE   3,244 0 0
TRAVELERS COS INC/THE COMMON STOCK NPV 89417E109 4,595 54,001 SH   SOLE   54,001 0 0
TREE.COM INC COMMON STOCK USD.01 894675107 897 28,888 SH   SOLE   28,888 0 0
TRIMBLE NAVIGATION LTD COMMON STOCK NPV 896239100 1,361 35,010 SH   SOLE   35,010 0 0
TRINITY INDUSTRIES INC COMMON STOCK USD1. 896522109 6,374 88,446 SH   SOLE   88,446 0 0
TRIUMPH GROUP INC COMMON STOCK USD.001 896818101 3,067 47,487 SH   SOLE   47,487 0 0
TUTOR PERINI CORP COMMON STOCK USD1. 901109108 914 31,894 SH   SOLE   31,894 0 0
TWITTER INC COMMON STOCK USD.000005 90184L102 667 14,300 SH   SOLE   14,300 0 0
TYSON FOODS INC CL A COMMON STOCK USD.1 902494103 9,209 209,244 SH   SOLE   209,244 0 0
UGI CORP COMMON STOCK NPV 902681105 6,546 143,515 SH   SOLE   143,515 0 0
ULTRA CLEAN HOLDINGS INC COMMON STOCK USD.001 90385V107 1,218 92,628 SH   SOLE   92,628 0 0
ULTRA PETROLEUM CORP COMMON STOCK NPV 903914109 19,102 710,388 SH   SOLE   710,388 0 0
UNDER ARMOUR INC CLASS A COMMON STOCK USD.000333 904311107 533 4,653 SH   SOLE   4,653 0 0
UNILEVER PLC SPONSORED ADR ADR 904767704 1,836 42,917 SH   SOLE   42,917 0 0
UNION PACIFIC CORP COMMON STOCK USD2.5 907818108 4,971 26,491 SH   SOLE   26,491 0 0
UNISYS CORP COMMON STOCK USD.01 909214306 640 21,018 SH   SOLE   21,018 0 0
UNIT CORP COMMON STOCK USD.2 909218109 4,279 65,443 SH   SOLE   65,443 0 0
UNITED CONTINENTAL HOLDINGS COMMON STOCK USD.01 910047109 1,038 23,260 SH   SOLE   23,260 0 0
UNITED FIRE GROUP INC COMMON STOCK USD.001 910340108 1,594 52,510 SH   SOLE   52,510 0 0
UNITED RENTALS INC COMMON STOCK USD.01 911363109 8,550 90,061 SH   SOLE   90,061 0 0
UNITED STATIONERS INC COMMON STOCK USD.1 913004107 1,251 30,453 SH   SOLE   30,453 0 0
UNITED TECHNOLOGIES CORP COMMON STOCK USD1. 913017109 420 3,598 SH   SOLE   3,598 0 0
UNITED THERAPEUTICS CORP COMMON STOCK USD.01 91307C102 7,134 75,865 SH   SOLE   75,865 0 0
UNITEDHEALTH GROUP INC COMMON STOCK USD.01 91324P102 2,030 24,762 SH   SOLE   24,762 0 0
UNIVERSAL HEALTH SERVICES B COMMON STOCK USD.01 913903100 7,859 95,758 SH   SOLE   95,758 0 0
UNUM GROUP COMMON STOCK USD.1 91529Y106 2,932 83,039 SH   SOLE   83,039 0 0
URS CORP COMMON STOCK USD.01 903236107 5,486 116,575 SH   SOLE   116,575 0 0
US BANCORP COMMON STOCK USD.01 902973304 33,677 785,747 SH   SOLE   785,747 0 0
US CONCRETE INC COMMON STOCK USD.001 90333L201 7,724 328,668 SH   SOLE   328,668 0 0
VALE SA SP PREF ADR ADR NPV 91912E204 1,161 93,226 SH   SOLE   93,226 0 0
VALERO ENERGY CORP COMMON STOCK USD.01 91913Y100 6,860 129,196 SH   SOLE   129,196 0 0
VALIDUS HOLDINGS LTD COMMON STOCK USD.175 G9319H102 4,963 131,604 SH   SOLE   131,604 0 0
VALMONT INDUSTRIES COMMON STOCK USD1. 920253101 2,775 18,645 SH   SOLE   18,645 0 0
VALSPAR CORP COMMON STOCK USD.5 920355104 1,235 17,119 SH   SOLE   17,119 0 0
VERINT SYSTEMS INC COMMON STOCK USD.001 92343X100 3,468 73,899 SH   SOLE   73,899 0 0
VERISIGN INC COMMON STOCK USD.001 92343E102 7,079 131,319 SH   SOLE   131,319 0 0
VERIZON COMMUNICATIONS INC COMMON STOCK USD.1 92343V104 41,408 870,462 SH   SOLE   870,462 0 0
VIACOM INC CLASS B COMMON STOCK USD.001 92553P201 15,977 187,988 SH   SOLE   187,988 0 0
VISA INC CLASS A SHARES COMMON STOCK USD.0001 92826C839 3,959 18,340 SH   SOLE   18,340 0 0
VODAFONE GROUP PLC SP ADR ADR 92857W308 1,198 32,536 SH   SOLE   32,536 0 0
VOXX INTERNATIONAL CORP COMMON STOCK USD.01 91829F104 1,055 77,107 SH   SOLE   77,107 0 0
WABASH NATIONAL CORP COMMON STOCK USD.01 929566107 2,415 175,535 SH   SOLE   175,535 0 0
WABCO HOLDINGS INC COMMON STOCK USD.01 92927K102 820 7,771 SH   SOLE   7,771 0 0
WABTEC CORP COMMON STOCK USD.01 929740108 3,744 48,313 SH   SOLE   48,313 0 0
WADDELL + REED FINANCIAL A COMMON STOCK USD.01 930059100 9,360 127,133 SH   SOLE   127,133 0 0
WAL MART STORES INC COMMON STOCK USD.1 931142103 7,787 101,888 SH   SOLE   101,888 0 0
WALGREEN CO COMMON STOCK USD.078125 931422109 2,220 33,623 SH   SOLE   33,623 0 0
WALKER + DUNLOP INC COMMON STOCK 93148P102 2,056 125,756 SH   SOLE   125,756 0 0
WALT DISNEY CO/THE COMMON STOCK USD.01 254687106 34,532 431,275 SH   SOLE   431,275 0 0
WASHINGTON FEDERAL INC COMMON STOCK USD1. 938824109 2,367 101,604 SH   SOLE   101,604 0 0
WEB.COM GROUP INC COMMON STOCK USD.001 94733A104 1,142 33,570 SH   SOLE   33,570 0 0
WEBSTER FINANCIAL CORP COMMON STOCK USD.01 947890109 10,576 340,516 SH   SOLE   340,516 0 0
WELLPOINT INC COMMON STOCK USD.01 94973V107 11,308 113,593 SH   SOLE   113,593 0 0
WELLS FARGO + CO COMMON STOCK USD1.666 949746101 13,683 275,098 SH   SOLE   275,098 0 0
WESTERN DIGITAL CORP COMMON STOCK USD.01 958102105 23,797 259,171 SH   SOLE   259,171 0 0
WESTERN REFINING INC COMMON STOCK USD.01 959319104 1,553 40,239 SH   SOLE   40,239 0 0
WESTMORELAND COAL CO COMMON STOCK USD2.5 960878106 780 26,187 SH   SOLE   26,187 0 0
WHIRLPOOL CORP COMMON STOCK USD1. 963320106 2,985 19,970 SH   SOLE   19,970 0 0
WILEY (JOHN) + SONS CLASS A COMMON STOCK USD1. 968223206 4,009 69,559 SH   SOLE   69,559 0 0
WINTRUST FINANCIAL CORP COMMON STOCK NPV 97650W108 4,470 91,861 SH   SOLE   91,861 0 0
WISDOMTREE INVESTMENTS INC COMMON STOCK USD.01 97717P104 2,776 211,618 SH   SOLE   211,618 0 0
WORLD FUEL SERVICES CORP COMMON STOCK USD.01 981475106 3,121 70,766 SH   SOLE   70,766 0 0
WORTHINGTON INDUSTRIES COMMON STOCK NPV 981811102 4,164 108,851 SH   SOLE   108,851 0 0
WYNDHAM WORLDWIDE CORP COMMON STOCK USD.01 98310W108 6,549 89,429 SH   SOLE   89,429 0 0
XEROX CORP COMMON STOCK USD1.0 984121103 3,109 275,098 SH   SOLE   275,098 0 0
XL GROUP PLC COMMON STOCK USD.01 G98290102 1,847 59,095 SH   SOLE   59,095 0 0
ZILLOW INC CLASS A COMMON STOCK USD.0001 98954A107 431 4,888 SH   SOLE   4,888 0 0
ZIMMER HOLDINGS INC COMMON STOCK USD.01 98956P102 250 2,640 SH   SOLE   2,640 0 0