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
AFLAC INC COMMON STOCK USD.1 001055102 13,842 222,355 SH   SOLE   222,355 0 0
AGCO CORP COMMON STOCK USD.01 001084102 7,755 137,941 SH   SOLE   137,941 0 0
AGL RESOURCES INC COMMON STOCK USD5. 001204106 9,014 163,800 SH   SOLE   163,800 0 0
ABBOTT LABORATORIES COMMON STOCK NPV 002824100 2,292 56,038 SH   SOLE   56,038 0 0
ADVENT SOFTWARE INC COMMON STOCK USD.01 007974108 1,309 40,199 SH   SOLE   40,199 0 0
AFFILIATED MANAGERS GROUP COMMON STOCK USD.01 008252108 9,279 45,177 SH   SOLE   45,177 0 0
ALAMO GROUP INC COMMON STOCK USD.1 011311107 1,082 20,000 SH   SOLE   20,000 0 0
ALASKA AIR GROUP INC COMMON STOCK USD1. 011659109 12,100 127,299 SH   SOLE   127,299 0 0
ALBEMARLE CORP COMMON STOCK USD.01 012653101 4,796 67,075 SH   SOLE   67,075 0 0
ALCOA INC COMMON STOCK USD1. 013817101 2,145 144,070 SH   SOLE   144,070 0 0
ALEXANDRIA REAL ESTATE EQUIT REIT USD.01 015271109 5,763 74,228 SH   SOLE   74,228 0 0
ALEXION PHARMACEUTICALS INC COMMON STOCK USD.0001 015351109 4,509 28,859 SH   SOLE   28,859 0 0
ALLEGHANY CORP COMMON STOCK USD1. 017175100 7,778 17,753 SH   SOLE   17,753 0 0
ALLIANCE FIBER OPTIC PRODUCT COMMON STOCK USD.001 018680306 222 12,280 SH   SOLE   12,280 0 0
ALLIANT TECHSYSTEMS INC COMMON STOCK USD.01 018804104 2,903 21,678 SH   SOLE   21,678 0 0
ALLSTATE CORP COMMON STOCK USD.01 020002101 2,034 34,642 SH   SOLE   34,642 0 0
ALON USA ENERGY INC COMMON STOCK USD.01 020520102 661 53,155 SH   SOLE   53,155 0 0
AMERCO COMMON STOCK USD.25 023586100 4,788 16,468 SH   SOLE   16,468 0 0
AMERICAN CAMPUS COMMUNITIES REIT USD.01 024835100 5,895 154,158 SH   SOLE   154,158 0 0
AMERICAN ELECTRIC POWER COMMON STOCK USD6.5 025537101 2,053 36,808 SH   SOLE   36,808 0 0
AMERICAN EXPRESS CO COMMON STOCK USD.2 025816109 2,320 24,453 SH   SOLE   24,453 0 0
AMERICAN INTERNATIONAL GROUP COMMON STOCK USD2.5 026874784 28,452 521,292 SH   SOLE   521,292 0 0
AMGEN INC COMMON STOCK USD.0001 031162100 2,533 21,396 SH   SOLE   21,396 0 0
ANADARKO PETROLEUM CORP COMMON STOCK USD.1 032511107 6,446 58,882 SH   SOLE   58,882 0 0
ANALOGIC CORP COMMON STOCK USD.05 032657207 595 7,605 SH   SOLE   7,605 0 0
ANDERSONS INC/THE COMMON STOCK NPV 034164103 1,943 37,678 SH   SOLE   37,678 0 0
ANGLOGOLD ASHANTI SPON ADR ADR NPV 035128206 34,886 2,027,034 SH   SOLE   2,027,034 0 0
ANGLOGOLD ASHANTI SPON ADR ADR NPV 035128206 66,157 3,844,126 SH   SOLE   0 0 3,844,126
ANIKA THERAPEUTICS INC COMMON STOCK USD.01 035255108 2,321 50,105 SH   SOLE   50,105 0 0
ANN INC COMMON STOCK USD.0068 035623107 1,159 28,163 SH   SOLE   28,163 0 0
ANNALY CAPITAL MANAGEMENT IN REIT USD.01 035710409 14,391 1,259,063 SH   SOLE   1,259,063 0 0
APACHE CORP COMMON STOCK USD.625 037411105 6,151 61,133 SH   SOLE   61,133 0 0
APOLLO EDUCATION GROUP INC COMMON STOCK NPV 037604105 5,785 185,127 SH   SOLE   185,127 0 0
APPLE INC COMMON STOCK USD.00001 037833100 106,812 1,149,386 SH   SOLE   1,149,386 0 0
APPLIED MATERIALS INC COMMON STOCK USD.01 038222105 992 44,002 SH   SOLE   44,002 0 0
ARCHER DANIELS MIDLAND CO COMMON STOCK NPV 039483102 4,629 104,945 SH   SOLE   104,945 0 0
ARROW ELECTRONICS INC COMMON STOCK USD1. 042735100 7,912 130,975 SH   SOLE   130,975 0 0
ATWOOD OCEANICS INC COMMON STOCK USD1. 050095108 1,909 36,380 SH   SOLE   36,380 0 0
AVIS BUDGET GROUP INC COMMON STOCK USD.01 053774105 9,615 161,081 SH   SOLE   161,081 0 0
AVNET INC COMMON STOCK USD1. 053807103 11,376 256,729 SH   SOLE   256,729 0 0
AVON PRODUCTS INC COMMON STOCK USD.25 054303102 9,678 662,437 SH   SOLE   662,437 0 0
BAKER HUGHES INC COMMON STOCK USD1. 057224107 27,581 370,462 SH   SOLE   370,462 0 0
BALL CORP COMMON STOCK NPV 058498106 20,872 332,992 SH   SOLE   332,992 0 0
BANK OF AMERICA CORP COMMON STOCK USD.01 060505104 26,626 1,732,313 SH   SOLE   1,732,313 0 0
BANK OF NEW YORK MELLON CORP COMMON STOCK USD.01 064058100 266 7,106 SH   SOLE   7,106 0 0
CR BARD INC COMMON STOCK USD.25 067383109 4,663 32,604 SH   SOLE   32,604 0 0
BAXTER INTERNATIONAL INC COMMON STOCK USD1. 071813109 206 2,855 SH   SOLE   2,855 0 0
BBCN BANCORP INC COMMON STOCK USD.001 073295107 1,449 90,817 SH   SOLE   90,817 0 0
B/E AEROSPACE INC COMMON STOCK USD.01 073302101 1,850 20,000 SH   SOLE   20,000 0 0
BECTON DICKINSON AND CO COMMON STOCK USD1. 075887109 18,506 156,437 SH   SOLE   156,437 0 0
BED BATH + BEYOND INC COMMON STOCK USD.01 075896100 23,865 415,910 SH   SOLE   415,910 0 0
BEL FUSE INC CL B COMMON STOCK USD.1 077347300 1,178 45,890 SH   SOLE   45,890 0 0
WR BERKLEY CORP COMMON STOCK USD.2 084423102 4,677 100,990 SH   SOLE   100,990 0 0
BERKSHIRE HATHAWAY INC CL B COMMON STOCK USD.0033 084670702 4,513 35,661 SH   SOLE   35,661 0 0
BEST BUY CO INC COMMON STOCK USD.1 086516101 830 26,769 SH   SOLE   26,769 0 0
BOEING CO/THE COMMON STOCK USD5. 097023105 1,426 11,208 SH   SOLE   11,208 0 0
BOSTON SCIENTIFIC CORP COMMON STOCK USD.01 101137107 4,033 315,800 SH   SOLE   315,800 0 0
BROADCOM CORP CL A COMMON STOCK USD.0001 111320107 5,249 141,395 SH   SOLE   141,395 0 0
CBS CORP CLASS B NON VOTING COMMON STOCK USD.001 124857202 14,909 239,923 SH   SOLE   239,923 0 0
CF INDUSTRIES HOLDINGS INC COMMON STOCK USD.01 125269100 9,702 40,338 SH   SOLE   40,338 0 0
CIGNA CORP COMMON STOCK USD.25 125509109 20,169 219,302 SH   SOLE   219,302 0 0
CIT GROUP INC COMMON STOCK USD.01 125581801 6,181 135,070 SH   SOLE   135,070 0 0
CNOOC LTD ADR ADR 126132109 582 3,246 SH   SOLE   3,246 0 0
CVS CAREMARK CORP COMMON STOCK USD.01 126650100 12,563 166,688 SH   SOLE   166,688 0 0
CADENCE DESIGN SYS INC COMMON STOCK USD.01 127387108 9,133 522,166 SH   SOLE   522,166 0 0
CALAMP CORP COMMON STOCK USD.01 128126109 1,002 46,260 SH   SOLE   46,260 0 0
CALPINE CORP COMMON STOCK USD.001 131347304 4,544 190,863 SH   SOLE   190,863 0 0
CARRIZO OIL + GAS INC COMMON STOCK USD.01 144577103 2,722 39,296 SH   SOLE   39,296 0 0
CARRIZO OIL + GAS INC COMPANY GUAR 06/28 4.375 144577AA1 1,950 2,000,000 SH   SOLE   0 0 2,000,000
CATERPILLAR INC COMMON STOCK USD1. 149123101 10,537 96,961 SH   SOLE   96,961 0 0
CATHAY GENERAL BANCORP COMMON STOCK USD.01 149150104 1,252 48,964 SH   SOLE   48,964 0 0
CELGENE CORP COMMON STOCK USD.01 151020104 46,310 539,240 SH   SOLE   539,240 0 0
CHEMICAL FINANCIAL CORP COMMON STOCK USD1. 163731102 1,175 41,850 SH   SOLE   41,850 0 0
CHESAPEAKE ENERGY CORP COMMON STOCK USD.01 165167107 755 24,279 SH   SOLE   24,279 0 0
CHESAPEAKE LODGING TRUST REIT USD.01 165240102 4,382 144,956 SH   SOLE   144,956 0 0
CHEVRONTEXACO CORP COMMON STOCK USD.75 166764100 56,026 429,155 SH   SOLE   429,155 0 0
CHUBB CORP COMMON STOCK USD1. 171232101 4,414 47,887 SH   SOLE   47,887 0 0
CIMAREX ENERGY CO COMMON STOCK USD.01 171798101 2,606 18,168 SH   SOLE   18,168 0 0
CIRRUS LOGIC INC COMMON STOCK USD.001 172755100 1,800 79,142 SH   SOLE   79,142 0 0
CINTAS CORP COMMON STOCK NPV 172908105 3,237 50,944 SH   SOLE   50,944 0 0
CITIGROUP INC COMMON STOCK USD.01 172967424 40,839 867,063 SH   SOLE   867,063 0 0
CITRIX SYSTEMS INC COMMON STOCK USD.001 177376100 1,051 16,800 SH   SOLE   16,800 0 0
CLOROX COMPANY COMMON STOCK USD1. 189054109 20,911 228,788 SH   SOLE   228,788 0 0
CLOVIS ONCOLOGY INC COMMON STOCK USD.001 189464100 239 5,773 SH   SOLE   5,773 0 0
COACH INC COMMON STOCK USD.01 189754104 10,830 316,747 SH   SOLE   316,747 0 0
COCA COLA CO/THE COMMON STOCK USD.25 191216100 49,952 1,179,219 SH   SOLE   1,179,219 0 0
COLGATE PALMOLIVE CO COMMON STOCK USD1. 194162103 19,341 283,670 SH   SOLE   283,670 0 0
COLUMBUS MCKINNON CORP/NY COMMON STOCK USD.01 199333105 1,724 63,746 SH   SOLE   63,746 0 0
COMFORT SYSTEMS USA INC COMMON STOCK USD.01 199908104 1,159 73,360 SH   SOLE   73,360 0 0
COMMUNITY HEALTH SYSTEMS INC COMMON STOCK USD.01 203668108 5,127 113,010 SH   SOLE   113,010 0 0
COMMVAULT SYSTEMS INC COMMON STOCK USD.01 204166102 1,468 29,854 SH   SOLE   29,854 0 0
CIA DE MINAS BUENAVENTUR ADR ADR 204448104 41,529 3,516,359 SH   SOLE   3,516,359 0 0
CIA DE MINAS BUENAVENTUR ADR ADR 204448104 71,804 6,079,971 SH   SOLE   0 0 6,079,971
COMPUTER SCIENCES CORP COMMON STOCK USD1. 205363104 2,511 39,736 SH   SOLE   39,736 0 0
CONAGRA FOODS INC COMMON STOCK USD5. 205887102 4,197 141,423 SH   SOLE   141,423 0 0
CONNECTICUT WATER SVC INC COMMON STOCK NPV 207797101 748 22,080 SH   SOLE   22,080 0 0
CONN S INC COMMON STOCK USD.01 208242107 644 13,040 SH   SOLE   13,040 0 0
COOPER COS INC/THE COMMON STOCK USD.1 216648402 4,889 36,072 SH   SOLE   36,072 0 0
CORNING INC COMMON STOCK USD.5 219350105 4,473 203,776 SH   SOLE   203,776 0 0
CRANE CO COMMON STOCK USD1. 224399105 6,293 84,631 SH   SOLE   84,631 0 0
CREDIT ACCEPTANCE CORP COMMON STOCK USD.01 225310101 332 2,700 SH   SOLE   2,700 0 0
CROWN CASTLE INTL CORP REIT USD.01 228227104 984 13,245 SH   SOLE   13,245 0 0
CROWN HOLDINGS INC COMMON STOCK USD5. 228368106 730 14,668 SH   SOLE   14,668 0 0
CUMMINS INC COMMON STOCK USD2.5 231021106 1,038 6,725 SH   SOLE   6,725 0 0
CYNOSURE INC A COMMON STOCK USD.001 232577205 257 12,113 SH   SOLE   12,113 0 0
DTE ENERGY COMPANY COMMON STOCK NPV 233331107 1,111 14,264 SH   SOLE   14,264 0 0
DANA HOLDING CORP COMMON STOCK USD.01 235825205 6,009 246,058 SH   SOLE   246,058 0 0
DANAHER CORP COMMON STOCK USD.01 235851102 378 4,800 SH   SOLE   4,800 0 0
DEERE + CO COMMON STOCK USD1. 244199105 3,313 36,591 SH   SOLE   36,591 0 0
DELEK US HOLDINGS INC COMMON STOCK USD.01 246647101 1,695 60,034 SH   SOLE   60,034 0 0
DELTA AIR LINES INC COMMON STOCK USD.0001 247361702 20,404 526,969 SH   SOLE   526,969 0 0
DELUXE CORP COMMON STOCK USD1. 248019101 3,121 53,273 SH   SOLE   53,273 0 0
DICK S SPORTING GOODS INC COMMON STOCK USD.01 253393102 414 8,900 SH   SOLE   8,900 0 0
DILLARDS INC CL A COMMON STOCK NPV 254067101 9,038 77,510 SH   SOLE   77,510 0 0
WALT DISNEY CO/THE COMMON STOCK USD.01 254687106 37,807 440,954 SH   SOLE   440,954 0 0
DISCOVER FINANCIAL SERVICES COMMON STOCK USD.01 254709108 5,111 82,467 SH   SOLE   82,467 0 0
DOMTAR CORP COMMON STOCK USD.01 257559203 5,333 124,448 SH   SOLE   124,448 0 0
DOW CHEMICAL CO/THE COMMON STOCK USD2.5 260543103 7,072 137,434 SH   SOLE   137,434 0 0
DU PONT (E.I.) DE NEMOURS COMMON STOCK USD.3 263534109 652,726 9,974,422 SH   SOLE   9,974,422 0 0
DUCOMMUN INC COMMON STOCK USD.01 264147109 577 22,074 SH   SOLE   22,074 0 0
EMC CORP/MA COMMON STOCK USD.01 268648102 5,116 194,215 SH   SOLE   194,215 0 0
EMC INS GROUP INC COMMON STOCK USD1. 268664109 756 24,570 SH   SOLE   24,570 0 0
E TRADE FINANCIAL CORP COMMON STOCK USD.01 269246401 1,822 85,724 SH   SOLE   85,724 0 0
EASTMAN CHEMICAL CO COMMON STOCK USD.01 277432100 5,229 59,866 SH   SOLE   59,866 0 0
EASTMAN KODAK CO EASTMAN KODAK CO CW18 125 277461133 7 736 SH   SOLE   736 0 0
EASTMAN KODAK CO EASTMAN KODAK CO CW18 125 277461133 14 1,473 SH   SOLE   0 0 1,473
EASTMAN KODAK CO EASTMAN KODAK CO CW18 135 277461141 7 736 SH   SOLE   736 0 0
EASTMAN KODAK CO EASTMAN KODAK CO CW18 135 277461141 13 1,473 SH   SOLE   0 0 1,473
EASTMAN KODAK CO COMMON STOCK USD.01 277461406 53 2,172 SH   SOLE   2,172 0 0
EASTMAN KODAK CO COMMON STOCK USD.01 277461406 104 4,239 SH   SOLE   0 0 4,239
EBAY INC COMMON STOCK USD.001 278642103 1,459 29,140 SH   SOLE   29,140 0 0
EDISON INTERNATIONAL COMMON STOCK NPV 281020107 2,486 42,775 SH   SOLE   42,775 0 0
ELECTRONICS FOR IMAGING COMMON STOCK USD.01 286082102 706 15,610 SH   SOLE   15,610 0 0
EMERSON ELECTRIC CO COMMON STOCK USD.5 291011104 3,786 57,057 SH   SOLE   57,057 0 0
ENERNOC INC COMMON STOCK USD.001 292764107 619 32,670 SH   SOLE   32,670 0 0
EPLUS INC COMMON STOCK USD.01 294268107 1,164 20,000 SH   SOLE   20,000 0 0
ERICSSON (LM) TEL SP ADR ADR 294821608 948 78,484 SH   SOLE   78,484 0 0
EZCORP INC CL A COMMON STOCK USD.01 302301106 1,194 103,386 SH   SOLE   103,386 0 0
F5 NETWORKS INC COMMON STOCK NPV 315616102 3,042 27,300 SH   SOLE   27,300 0 0
FIDELITY SOUTHERN CORP COMMON STOCK NPV 316394105 566 43,575 SH   SOLE   43,575 0 0
FIRSTMERIT CORP COMMON STOCK NPV 337915102 5,382 272,511 SH   SOLE   272,511 0 0
FIRSTENERGY CORP COMMON STOCK USD.1 337932107 802 23,087 SH   SOLE   23,087 0 0
FOOT LOCKER INC COMMON STOCK USD.01 344849104 9,466 186,624 SH   SOLE   186,624 0 0
FORD MOTOR CO COMMON STOCK USD.01 345370860 5,650 327,752 SH   SOLE   327,752 0 0
FORWARD AIR CORPORATION COMMON STOCK USD.01 349853101 887 18,527 SH   SOLE   18,527 0 0
GATX CORP COMMON STOCK USD.625 361448103 4,405 65,800 SH   SOLE   65,800 0 0
GANNETT CO COMMON STOCK USD1. 364730101 11,721 374,361 SH   SOLE   374,361 0 0
GAP INC/THE COMMON STOCK USD.05 364760108 4,179 100,521 SH   SOLE   100,521 0 0
GENERAC HOLDINGS INC COMMON STOCK USD.01 368736104 2,948 60,476 SH   SOLE   60,476 0 0
GENERAL DYNAMICS CORP COMMON STOCK USD1. 369550108 16,033 137,561 SH   SOLE   137,561 0 0
GENERAL ELECTRIC CO COMMON STOCK USD.06 369604103 23,392 890,103 SH   SOLE   890,103 0 0
GILEAD SCIENCES INC COMMON STOCK USD.001 375558103 19,588 236,261 SH   SOLE   236,261 0 0
GREENBRIER COMPANIES INC COMMON STOCK NPV 393657101 3,890 67,538 SH   SOLE   67,538 0 0
HSN INC COMMON STOCK USD.01 404303109 7,210 121,700 SH   SOLE   121,700 0 0
HALLIBURTON CO COMMON STOCK USD2.5 406216101 4,221 59,439 SH   SOLE   59,439 0 0
HANESBRANDS INC COMMON STOCK USD.01 410345102 2,155 21,892 SH   SOLE   21,892 0 0
HARLEY DAVIDSON INC COMMON STOCK USD.01 412822108 3,013 43,134 SH   SOLE   43,134 0 0
HARMAN INTERNATIONAL COMMON STOCK USD.01 413086109 1,686 15,691 SH   SOLE   15,691 0 0
HARRIS CORP COMMON STOCK USD1. 413875105 1,080 14,264 SH   SOLE   14,264 0 0
HAVERTY FURNITURE COMMON STOCK USD1. 419596101 1,388 55,219 SH   SOLE   55,219 0 0
HAWAIIAN HOLDINGS INC COMMON STOCK USD.01 419879101 625 45,553 SH   SOLE   45,553 0 0
HEALTHSOUTH CORP W/D COMMON STOCK USD.01 421924309 1,886 52,584 SH   SOLE   52,584 0 0
HEARTLAND EXPRESS INC COMMON STOCK USD.01 422347104 881 41,281 SH   SOLE   41,281 0 0
HELMERICH + PAYNE COMMON STOCK USD.1 423452101 4,337 37,353 SH   SOLE   37,353 0 0
HEWLETT PACKARD CO COMMON STOCK USD.01 428236103 30,868 916,522 SH   SOLE   916,522 0 0
HILL ROM HOLDINGS INC COMMON STOCK NPV 431475102 2,641 63,634 SH   SOLE   63,634 0 0
HOLLYFRONTIER CORP COMMON STOCK USD.01 436106108 3,848 88,075 SH   SOLE   88,075 0 0
HOME DEPOT INC COMMON STOCK USD.05 437076102 6,022 74,378 SH   SOLE   74,378 0 0
HUMANA INC COMMON STOCK USD.166 444859102 2,342 18,340 SH   SOLE   18,340 0 0
HUNTINGTON INGALLS INDUSTRIE COMMON STOCK USD.01 446413106 4,645 49,103 SH   SOLE   49,103 0 0
HUNTSMAN CORP COMMON STOCK USD.01 447011107 5,161 183,652 SH   SOLE   183,652 0 0
HURCO COMPANIES INC COMMON STOCK NPV 447324104 159 5,630 SH   SOLE   5,630 0 0
HYSTER YALE MATERIALS COMMON STOCK USD.01 449172105 4,227 47,746 SH   SOLE   47,746 0 0
ICONIX BRAND GROUP INC COMMON STOCK USD.001 451055107 5,397 125,677 SH   SOLE   125,677 0 0
IDACORP INC COMMON STOCK NPV 451107106 1,000 17,284 SH   SOLE   17,284 0 0
INGREDION INC COMMON STOCK USD.01 457187102 5,477 72,985 SH   SOLE   72,985 0 0
INTEL CORP COMMON STOCK USD.001 458140100 10,547 341,326 SH   SOLE   341,326 0 0
INTL BUSINESS MACHINES CORP COMMON STOCK USD.2 459200101 3,878 21,396 SH   SOLE   21,396 0 0
INTL FLAVORS + FRAGRANCES COMMON STOCK USD.125 459506101 13,082 125,446 SH   SOLE   125,446 0 0
INTERNATIONAL PAPER CO COMMON STOCK USD1. 460146103 17,634 349,389 SH   SOLE   349,389 0 0
ISHARES MSCI BRAZIL CAPPED ETF ISHARES MSCI BRAZIL CAPPED E 464286400 665 13,915 SH   SOLE   13,915 0 0
ISHARES MSCI CHILE CAPPED ETF ISHARES MSCI CHILE CAPPED ET 464286640 361 7,957 SH   SOLE   7,957 0 0
ISHARES MSCI TAIWAN ETF ISHARES MSCI TAIWAN ETF 464286731 16,783 1,062,185 SH   SOLE   1,062,185 0 0
ISHARES MSCI SOUTH KOREA CAPPE ISHARES MSCI SOUTH KOREA CAP 464286772 8,559 131,641 SH   SOLE   131,641 0 0
ISHARES MSCI MALAYSIA ETF ISHARES MSCI MALAYSIA ETF 464286830 1,053 66,331 SH   SOLE   66,331 0 0
ISHARES MSCI EMERGING MARKETS ISHARES MSCI EMERGING MARKET 464287234 135,881 3,143,211 SH   SOLE   3,143,211 0 0
ISHARES MSCI EMERGING MARKETS ISHARES MSCI EMERGING MARKET 464287234 235,579 5,449,437 SH   SOLE   0 0 5,449,437
ISHARES MSCI EAFE ETF ISHARES MSCI EAFE ETF 464287465 322,929 4,723,258 SH   SOLE   4,723,258 0 0
ISHARES RUSSELL 2000 ETF ISHARES RUSSELL 2000 ETF 464287655 5,338 44,925 SH   SOLE   44,925 0 0
ISIS PHARMACEUTICALS INC COMMON STOCK USD.001 464330109 973 28,237 SH   SOLE   28,237 0 0
JABIL CIRCUIT INC COMMON STOCK USD.001 466313103 15,661 749,338 SH   SOLE   749,338 0 0
JOHNSON + JOHNSON COMMON STOCK USD1. 478160104 28,086 268,454 SH   SOLE   268,454 0 0
JOHNSON CONTROLS INC COMMON STOCK USD.01388 478366107 934 18,706 SH   SOLE   18,706 0 0
JOY GLOBAL INC COMMON STOCK USD1. 481165108 21,576 350,379 SH   SOLE   350,379 0 0
KLA TENCOR CORPORATION COMMON STOCK USD.001 482480100 4,019 55,329 SH   SOLE   55,329 0 0
KENNAMETAL INC COMMON STOCK USD1.25 489170100 21,362 461,592 SH   SOLE   461,592 0 0
KEYCORP COMMON STOCK USD1. 493267108 2,800 195,428 SH   SOLE   195,428 0 0
KIMBERLY CLARK CORP COMMON STOCK USD1.25 494368103 2,077 18,679 SH   SOLE   18,679 0 0
KOHLS CORP COMMON STOCK USD.01 500255104 3,972 75,397 SH   SOLE   75,397 0 0
KORN/FERRY INTERNATIONAL COMMON STOCK USD.01 500643200 2,010 68,430 SH   SOLE   68,430 0 0
KROGER CO COMMON STOCK USD1. 501044101 10,473 211,883 SH   SOLE   211,883 0 0
LTC PROPERTIES INC REIT USD.01 502175102 2,627 67,282 SH   SOLE   67,282 0 0
L 3 COMMUNICATIONS HOLDINGS COMMON STOCK USD.01 502424104 2,030 16,812 SH   SOLE   16,812 0 0
LAM RESEARCH CORP COMMON STOCK USD.001 512807108 10,460 154,775 SH   SOLE   154,775 0 0
LANNETT CO INC COMMON STOCK USD.001 516012101 1,380 27,810 SH   SOLE   27,810 0 0
LAS VEGAS SANDS CORP COMMON STOCK USD.001 517834107 3,506 45,999 SH   SOLE   45,999 0 0
LASALLE HOTEL PROPERTIES REIT USD.01 517942108 2,884 81,710 SH   SOLE   81,710 0 0
LATTICE SEMICONDUCTOR CORP COMMON STOCK USD.01 518415104 1,859 225,290 SH   SOLE   225,290 0 0
ESTEE LAUDER COMPANIES CL A COMMON STOCK USD.01 518439104 34,087 459,019 SH   SOLE   459,019 0 0
LEAR CORP COMMON STOCK USD.01 521865204 2,370 26,531 SH   SOLE   26,531 0 0
LENNAR CORP A COMMON STOCK USD.1 526057104 1,683 40,100 SH   SOLE   40,100 0 0
LEUCADIA NATIONAL CORP COMMON STOCK USD1. 527288104 5,898 224,936 SH   SOLE   224,936 0 0
ELI LILLY + CO COMMON STOCK NPV 532457108 2,534 40,755 SH   SOLE   40,755 0 0
LINCOLN ELECTRIC HOLDINGS COMMON STOCK NPV 533900106 4,001 57,250 SH   SOLE   57,250 0 0
LINCOLN NATIONAL CORP COMMON STOCK NPV 534187109 1,048 20,378 SH   SOLE   20,378 0 0
LINEAR TECHNOLOGY CORP COMMON STOCK USD.001 535678106 424 9,015 SH   SOLE   9,015 0 0
LITHIA MOTORS INC CL A COMMON STOCK NPV 536797103 5,339 56,753 SH   SOLE   56,753 0 0
LOUISIANA PACIFIC CORP COMMON STOCK USD1. 546347105 1,043 69,434 SH   SOLE   69,434 0 0
LOWE S COS INC COMMON STOCK USD.5 548661107 4,205 87,624 SH   SOLE   87,624 0 0
MANHATTAN ASSOCIATES INC COMMON STOCK USD.01 562750109 1,540 44,724 SH   SOLE   44,724 0 0
MANITEX INTERNATIONAL INC COMMON STOCK NPV 563420108 1,240 76,380 SH   SOLE   76,380 0 0
MANITOWOC COMPANY INC COMMON STOCK USD.01 563571108 482 14,657 SH   SOLE   14,657 0 0
MARATHON OIL CORP COMMON STOCK USD1. 565849106 3,010 75,397 SH   SOLE   75,397 0 0
MARSH + MCLENNAN COS COMMON STOCK USD1. 571748102 485 9,364 SH   SOLE   9,364 0 0
MCDONALD S CORP COMMON STOCK USD.01 580135101 48,222 478,680 SH   SOLE   478,680 0 0
MEAD JOHNSON NUTRITION CO COMMON STOCK USD.01 582839106 2,045 21,944 SH   SOLE   21,944 0 0
MEDASSETS INC COMMON STOCK USD.01 584045108 1,231 53,900 SH   SOLE   53,900 0 0
MEDTRONIC INC COMMON STOCK USD.1 585055106 26,325 412,879 SH   SOLE   412,879 0 0
MELCO CROWN ENTERTAINME ADR ADR USD.01 585464100 574 16,080 SH   SOLE   16,080 0 0
MENTOR GRAPHICS CORP COMMON STOCK NPV 587200106 7,614 352,992 SH   SOLE   352,992 0 0
METHODE ELECTRONICS INC COMMON STOCK USD.5 591520200 1,026 26,842 SH   SOLE   26,842 0 0
METTLER TOLEDO INTERNATIONAL COMMON STOCK USD.01 592688105 3,861 15,250 SH   SOLE   15,250 0 0
MICROSOFT CORP COMMON STOCK USD.00000625 594918104 47,664 1,143,011 SH   SOLE   1,143,011 0 0
MICROCHIP TECHNOLOGY INC COMMON STOCK USD.001 595017104 444 9,100 SH   SOLE   9,100 0 0
MICRON TECHNOLOGY INC COMMON STOCK USD.1 595112103 4,561 138,437 SH   SOLE   138,437 0 0
MONARCH CASINO + RESORT INC COMMON STOCK USD.01 609027107 641 42,364 SH   SOLE   42,364 0 0
MONDELEZ INTERNATIONAL INC A COMMON STOCK NPV 609207105 7,626 202,757 SH   SOLE   202,757 0 0
MORGAN STANLEY COMMON STOCK USD.01 617446448 4,412 136,482 SH   SOLE   136,482 0 0
MOVADO GROUP INC COMMON STOCK USD.01 624580106 827 19,849 SH   SOLE   19,849 0 0
MURPHY OIL CORP COMMON STOCK USD1. 626717102 6,754 101,594 SH   SOLE   101,594 0 0
MYLAN INC COMMON STOCK USD.5 628530107 2,541 49,290 SH   SOLE   49,290 0 0
NN INC COMMON STOCK USD.01 629337106 1,724 67,409 SH   SOLE   67,409 0 0
NRG ENERGY INC COMMON STOCK USD.01 629377508 17,844 479,679 SH   SOLE   479,679 0 0
NASDAQ OMX GROUP/THE COMMON STOCK USD.01 631103108 2,303 59,638 SH   SOLE   59,638 0 0
NATIONAL OILWELL VARCO INC COMMON STOCK USD.01 637071101 33,739 409,697 SH   SOLE   409,697 0 0
NEENAH PAPER INC COMMON STOCK USD.01 640079109 2,519 47,398 SH   SOLE   47,398 0 0
NEW JERSEY RESOURCES CORP COMMON STOCK USD2.5 646025106 4,466 78,130 SH   SOLE   78,130 0 0
NEWELL RUBBERMAID INC COMMON STOCK USD1. 651229106 19,437 627,205 SH   SOLE   627,205 0 0
NEWPARK RESOURCES INC COMMON STOCK USD.01 651718504 1,468 117,816 SH   SOLE   117,816 0 0
NOKIA CORP SPON ADR ADR 654902204 1,005 132,991 SH   SOLE   132,991 0 0
NORDSTROM INC COMMON STOCK NPV 655664100 3,184 46,868 SH   SOLE   46,868 0 0
NORTHEAST UTILITIES COMMON STOCK USD5. 664397106 2,071 43,812 SH   SOLE   43,812 0 0
NORTHERN OIL AND GAS INC COMMON STOCK USD.001 665531109 2,214 135,934 SH   SOLE   135,934 0 0
NORTHROP GRUMMAN CORP COMMON STOCK USD1. 666807102 8,480 70,885 SH   SOLE   70,885 0 0
OI SA ADR ADR 670851104 40 41,482 SH   SOLE   41,482 0 0
OI SA ADR ADR 670851203 348 405,349 SH   SOLE   405,349 0 0
OASIS PETROLEUM INC COMMON STOCK USD.01 674215108 2,686 48,054 SH   SOLE   48,054 0 0
OCCIDENTAL PETROLEUM CORP COMMON STOCK USD.2 674599105 34,898 340,036 SH   SOLE   340,036 0 0
OCEANEERING INTL INC COMMON STOCK USD.25 675232102 4,281 54,794 SH   SOLE   54,794 0 0
OMNICARE INC COMMON STOCK USD1. 681904108 2,188 32,867 SH   SOLE   32,867 0 0
OMNICOM GROUP COMMON STOCK USD.15 681919106 1,595 22,400 SH   SOLE   22,400 0 0
OMEGA HEALTHCARE INVESTORS REIT USD.1 681936100 2,972 80,630 SH   SOLE   80,630 0 0
OMNIVISION TECHNOLOGIES INC COMMON STOCK USD.001 682128103 2,159 98,244 SH   SOLE   98,244 0 0
ORMAT TECHNOLOGIES INC COMMON STOCK USD.001 686688102 1,647 57,115 SH   SOLE   57,115 0 0
OSHKOSH CORP COMMON STOCK USD.01 688239201 5,128 92,354 SH   SOLE   92,354 0 0
OUTERWALL INC W/I COMMON STOCK USD.001 690070107 1,771 29,839 SH   SOLE   29,839 0 0
OWENS ILLINOIS INC COMMON STOCK USD.01 690768403 4,747 137,049 SH   SOLE   137,049 0 0
PICO HOLDINGS INC COMMON STOCK USD.001 693366205 1,022 43,022 SH   SOLE   43,022 0 0
PNC FINANCIAL SERVICES GROUP COMMON STOCK USD5. 693475105 28,031 314,777 SH   SOLE   314,777 0 0
POSCO ADR ADR 693483109 62,044 833,474 SH   SOLE   833,474 0 0
POSCO ADR ADR 693483109 94,375 1,267,803 SH   SOLE   0 0 1,267,803
PVH CORP COMMON STOCK USD1. 693656100 514 4,407 SH   SOLE   4,407 0 0
PACCAR INC COMMON STOCK USD1. 693718108 511 8,136 SH   SOLE   8,136 0 0
PACKAGING CORP OF AMERICA COMMON STOCK USD.01 695156109 4,175 58,400 SH   SOLE   58,400 0 0
PAREXEL INTERNATIONAL CORP COMMON STOCK USD.01 699462107 1,430 27,058 SH   SOLE   27,058 0 0
PENNANTPARK INVESTMENT CORP COMMON STOCK USD.001 708062104 962 83,930 SH   SOLE   83,930 0 0
PEPSICO INC COMMON STOCK USD.017 713448108 4,733 52,982 SH   SOLE   52,982 0 0
PETSMART INC COMMON STOCK USD.0001 716768106 3,636 60,800 SH   SOLE   60,800 0 0
PFIZER INC COMMON STOCK USD.05 717081103 50,366 1,696,960 SH   SOLE   1,696,960 0 0
PHILIP MORRIS INTERNATIONAL COMMON STOCK NPV 718172109 25,598 303,623 SH   SOLE   303,623 0 0
PIER 1 IMPORTS INC COMMON STOCK USD.001 720279108 1,403 91,070 SH   SOLE   91,070 0 0
PINNACLE WEST CAPITAL COMMON STOCK NPV 723484101 2,628 45,438 SH   SOLE   45,438 0 0
PLANTRONICS INC COMMON STOCK USD.01 727493108 1,131 23,542 SH   SOLE   23,542 0 0
POLARIS INDUSTRIES INC COMMON STOCK USD.01 731068102 2,062 15,831 SH   SOLE   15,831 0 0
PORTLAND GENERAL ELECTRIC CO COMMON STOCK NPV 736508847 1,631 47,054 SH   SOLE   47,054 0 0
PRICELINE GROUP INC/THE COMMON STOCK USD.008 741503403 481 400 SH   SOLE   400 0 0
PROCTER + GAMBLE CO/THE COMMON STOCK 742718109 67,939 864,472 SH   SOLE   864,472 0 0
PRIVATEBANCORP INC COMMON STOCK NPV 742962103 3,835 131,970 SH   SOLE   131,970 0 0
PROSPERITY BANCSHARES INC COMMON STOCK USD1. 743606105 3,827 61,141 SH   SOLE   61,141 0 0
PRUDENTIAL FINANCIAL INC COMMON STOCK USD.01 744320102 105 1,181 SH   SOLE   1,181 0 0
PUBLIC SERVICE ENTERPRISE GP COMMON STOCK NPV 744573106 13,842 339,340 SH   SOLE   339,340 0 0
PULTEGROUP INC COMMON STOCK USD.01 745867101 7,000 347,219 SH   SOLE   347,219 0 0
QLOGIC CORP COMMON STOCK USD.001 747277101 423 41,900 SH   SOLE   41,900 0 0
QUALCOMM INC COMMON STOCK USD.0001 747525103 10,813 136,530 SH   SOLE   136,530 0 0
QUALITY SYSTEMS INC COMMON STOCK USD.01 747582104 364 22,695 SH   SOLE   22,695 0 0
RADIAN GROUP INC COMMON STOCK USD.001 750236101 1,668 112,600 SH   SOLE   112,600 0 0
RAYTHEON COMPANY COMMON STOCK USD.01 755111507 2,350 25,472 SH   SOLE   25,472 0 0
REALTY INCOME CORP REIT USD1. 756109104 560 12,600 SH   SOLE   12,600 0 0
REGAL BELOIT CORP COMMON STOCK USD.01 758750103 931 11,846 SH   SOLE   11,846 0 0
REGAL ENTERTAINMENT GROUP A COMMON STOCK USD.001 758766109 3,013 142,800 SH   SOLE   142,800 0 0
RELIANCE STEEL + ALUMINUM COMMON STOCK NPV 759509102 22,918 310,915 SH   SOLE   310,915 0 0
REPLIGEN CORP COMMON STOCK USD.01 759916109 1,026 45,032 SH   SOLE   45,032 0 0
REPUBLIC AIRWAYS HOLDINGS IN COMMON STOCK USD.001 760276105 65 6,010 SH   SOLE   6,010 0 0
RESMED INC COMMON STOCK USD.004 761152107 83 1,630 SH   SOLE   1,630 0 0
RITE AID CORP COMMON STOCK USD1. 767754104 3,868 539,445 SH   SOLE   539,445 0 0
ROBERT HALF INTL INC COMMON STOCK USD.001 770323103 5,692 119,230 SH   SOLE   119,230 0 0
ROCK TENN COMPANY CL A COMMON STOCK USD.01 772739207 5,771 54,657 SH   SOLE   54,657 0 0
ROCKET FUEL INC COMMON STOCK USD.001 773111109 255 8,200 SH   SOLE   8,200 0 0
ROCKWELL AUTOMATION INC COMMON STOCK USD1. 773903109 2,632 21,032 SH   SOLE   21,032 0 0
ROCKWELL COLLINS INC COMMON STOCK USD.01 774341101 914 11,694 SH   SOLE   11,694 0 0
ROPER INDUSTRIES INC COMMON STOCK USD.01 776696106 666 4,559 SH   SOLE   4,559 0 0
ROSETTA RESOURCES INC COMMON STOCK USD.001 777779307 3,123 56,941 SH   SOLE   56,941 0 0
RYDER SYSTEM INC COMMON STOCK USD.5 783549108 3,052 34,642 SH   SOLE   34,642 0 0
RYLAND GROUP INC/THE COMMON STOCK USD1. 783764103 1,667 42,271 SH   SOLE   42,271 0 0
SPX CORP COMMON STOCK USD10. 784635104 1,076 9,947 SH   SOLE   9,947 0 0
SALIX PHARMACEUTICALS LTD COMMON STOCK USD.001 795435106 6,424 52,082 SH   SOLE   52,082 0 0
SANDERSON FARMS INC COMMON STOCK USD1. 800013104 11,608 119,424 SH   SOLE   119,424 0 0
SANMINA CORP COMMON STOCK USD.01 801056102 1,378 60,500 SH   SOLE   60,500 0 0
SAREPTA THERAPEUTICS INC COMMON STOCK USD.0001 803607100 359 12,035 SH   SOLE   12,035 0 0
HENRY SCHEIN INC COMMON STOCK USD.01 806407102 140 1,178 SH   SOLE   1,178 0 0
SCHLUMBERGER LTD COMMON STOCK USD.01 806857108 49,435 419,119 SH   SOLE   419,119 0 0
SCHULMAN (A.) INC COMMON STOCK USD1. 808194104 780 20,159 SH   SOLE   20,159 0 0
SCRIPPS NETWORKS INTER CL A COMMON STOCK USD.01 811065101 649 8,000 SH   SOLE   8,000 0 0
SEMPRA ENERGY COMMON STOCK NPV 816851109 1,814 17,321 SH   SOLE   17,321 0 0
SHINHAN FINANCIAL GROUP ADR ADR 824596100 744 16,220 SH   SOLE   16,220 0 0
SIMMONS FIRST NATL CORP CL A COMMON STOCK USD.01 828730200 1,193 30,298 SH   SOLE   30,298 0 0
SIMON PROPERTY GROUP INC REIT USD.0001 828806109 4,202 25,268 SH   SOLE   25,268 0 0
SNAP ON INC COMMON STOCK USD1. 833034101 5,072 42,792 SH   SOLE   42,792 0 0
SOUTHERN CO/THE COMMON STOCK USD5. 842587107 1,886 41,570 SH   SOLE   41,570 0 0
SOUTHWEST AIRLINES CO COMMON STOCK USD1. 844741108 8,484 315,854 SH   SOLE   315,854 0 0
SPIRIT AEROSYSTEMS HOLD CL A COMMON STOCK USD.01 848574109 880 26,100 SH   SOLE   26,100 0 0
STAPLES INC COMMON STOCK USD.0006 855030102 1,215 112,077 SH   SOLE   112,077 0 0
STARBUCKS CORP COMMON STOCK USD.001 855244109 421 5,440 SH   SOLE   5,440 0 0
STEEL DYNAMICS INC COMMON STOCK USD.005 858119100 4,494 250,367 SH   SOLE   250,367 0 0
STERIS CORP COMMON STOCK NPV 859152100 1,888 35,295 SH   SOLE   35,295 0 0
STEWART INFORMATION SERVICES COMMON STOCK USD1. 860372101 1,531 49,374 SH   SOLE   49,374 0 0
STONE ENERGY CORP COMMON STOCK USD.01 861642106 1,334 28,502 SH   SOLE   28,502 0 0
STURM RUGER + CO INC COMMON STOCK USD1. 864159108 452 7,652 SH   SOLE   7,652 0 0
SUNPOWER CORP COMMON STOCK USD.001 867652406 348 8,500 SH   SOLE   8,500 0 0
SUNTRUST BANKS INC COMMON STOCK USD1. 867914103 2,679 66,876 SH   SOLE   66,876 0 0
SUPERNUS PHARMACEUTICALS INC COMMON STOCK USD.001 868459108 350 31,999 SH   SOLE   31,999 0 0
SUSQUEHANNA BANCSHARES INC COMMON STOCK USD2. 869099101 1,305 123,548 SH   SOLE   123,548 0 0
SYMANTEC CORP COMMON STOCK USD.01 871503108 1,113 48,592 SH   SOLE   48,592 0 0
SYNOPSYS INC COMMON STOCK USD.01 871607107 5,286 136,157 SH   SOLE   136,157 0 0
TAIWAN SEMICONDUCTOR SP ADR ADR 874039100 38,412 1,795,778 SH   SOLE   1,795,778 0 0
TAIWAN SEMICONDUCTOR SP ADR ADR 874039100 75,540 3,531,567 SH   SOLE   0 0 3,531,567
TECK RESOURCES LTD CLS B COMMON STOCK NPV 878742204 16,047 702,884 SH   SOLE   702,884 0 0
TERNIUM SA SPONSORED ADR ADR USD1. 880890108 95,890 3,433,222 SH   SOLE   3,433,222 0 0
TERNIUM SA SPONSORED ADR ADR USD1. 880890108 161,701 5,789,518 SH   SOLE   0 0 5,789,518
TESARO INC COMMON STOCK USD.0001 881569107 401 12,880 SH   SOLE   12,880 0 0
TESORO CORP COMMON STOCK USD.167 881609101 6,806 116,005 SH   SOLE   116,005 0 0
TEXTRON INC COMMON STOCK USD.125 883203101 23,579 615,806 SH   SOLE   615,806 0 0
THOMPSON CREEK METALS CO W/I COMMON STOCK NPV 884768102 754 254,682 SH   SOLE   254,682 0 0
TIMKEN CO COMMON STOCK NPV 887389104 3,755 55,354 SH   SOLE   55,354 0 0
TRANSDIGM GROUP INC COMMON STOCK USD.01 893641100 543 3,244 SH   SOLE   3,244 0 0
TREE.COM INC COMMON STOCK USD.01 894675107 842 28,888 SH   SOLE   28,888 0 0
TRIMBLE NAVIGATION LTD COMMON STOCK NPV 896239100 562 15,210 SH   SOLE   15,210 0 0
TRINITY INDUSTRIES INC COMMON STOCK USD1. 896522109 6,926 158,412 SH   SOLE   158,412 0 0
TRIUMPH GROUP INC COMMON STOCK USD.001 896818101 430 6,155 SH   SOLE   6,155 0 0
TYSON FOODS INC CL A COMMON STOCK USD.1 902494103 3,014 80,288 SH   SOLE   80,288 0 0
UGI CORP COMMON STOCK NPV 902681105 7,248 143,515 SH   SOLE   143,515 0 0
UIL HOLDINGS CORP COMMON STOCK NPV 902748102 817 21,100 SH   SOLE   21,100 0 0
US BANCORP COMMON STOCK USD.01 902973304 34,039 785,747 SH   SOLE   785,747 0 0
URS CORP COMMON STOCK USD.01 903236107 726 15,845 SH   SOLE   15,845 0 0
ULTRA PETROLEUM CORP COMMON STOCK NPV 903914109 20,960 705,974 SH   SOLE   705,974 0 0
UNIFI INC COMMON STOCK USD.1 904677200 661 24,020 SH   SOLE   24,020 0 0
UNILEVER PLC SPONSORED ADR ADR 904767704 1,860 41,047 SH   SOLE   41,047 0 0
UNION PACIFIC CORP COMMON STOCK USD2.5 907818108 8,670 86,916 SH   SOLE   86,916 0 0
UNIT CORP COMMON STOCK USD.2 909218109 4,339 63,033 SH   SOLE   63,033 0 0
UNITED FIRE GROUP INC COMMON STOCK USD.001 910340108 1,540 52,510 SH   SOLE   52,510 0 0
UNITED PARCEL SERVICE CL B COMMON STOCK USD.01 911312106 963 9,380 SH   SOLE   9,380 0 0
UNITED RENTALS INC COMMON STOCK USD.01 911363109 3,113 29,721 SH   SOLE   29,721 0 0
UNITED STATES STEEL CORP COMMON STOCK USD1. 912909108 357 13,700 SH   SOLE   13,700 0 0
UNITED STATIONERS INC COMMON STOCK USD.1 913004107 764 18,433 SH   SOLE   18,433 0 0
UNITED TECHNOLOGIES CORP COMMON STOCK USD1. 913017109 697 6,041 SH   SOLE   6,041 0 0
UNIVERSAL HEALTH SERVICES B COMMON STOCK USD.01 913903100 7,281 76,032 SH   SOLE   76,032 0 0
VALMONT INDUSTRIES COMMON STOCK USD1. 920253101 2,833 18,645 SH   SOLE   18,645 0 0
VALSPAR CORP COMMON STOCK USD.5 920355104 1,111 14,583 SH   SOLE   14,583 0 0
VISHAY INTERTECHNOLOGY INC COMMON STOCK USD.1 928298108 4,349 280,790 SH   SOLE   280,790 0 0
WABASH NATIONAL CORP COMMON STOCK USD.01 929566107 2,501 175,535 SH   SOLE   175,535 0 0
WABTEC CORP COMMON STOCK USD.01 929740108 5,976 72,353 SH   SOLE   72,353 0 0
WADDELL + REED FINANCIAL A COMMON STOCK USD.01 930059100 7,264 116,063 SH   SOLE   116,063 0 0
WAL MART STORES INC COMMON STOCK USD.1 931142103 6,501 86,605 SH   SOLE   86,605 0 0
WALGREEN CO COMMON STOCK USD.078125 931422109 2,492 33,623 SH   SOLE   33,623 0 0
WASHINGTON FEDERAL INC COMMON STOCK USD1. 938824109 101 4,484 SH   SOLE   4,484 0 0
WEBSTER FINANCIAL CORP COMMON STOCK USD.01 947890109 7,470 236,846 SH   SOLE   236,846 0 0
WELLS FARGO + CO COMMON STOCK USD1.666 949746101 14,459 275,098 SH   SOLE   275,098 0 0
WESTERN DIGITAL CORP COMMON STOCK USD.01 958102105 16,717 181,115 SH   SOLE   181,115 0 0
WESTERN REFINING INC COMMON STOCK USD.01 959319104 2,673 71,189 SH   SOLE   71,189 0 0
WHIRLPOOL CORP COMMON STOCK USD1. 963320106 2,780 19,970 SH   SOLE   19,970 0 0
WORLD ACCEPTANCE CORP COMMON STOCK NPV 981419104 2,261 29,760 SH   SOLE   29,760 0 0
WORTHINGTON INDUSTRIES COMMON STOCK NPV 981811102 11,173 259,591 SH   SOLE   259,591 0 0
XEROX CORP COMMON STOCK USD1.0 984121103 2,725 219,059 SH   SOLE   219,059 0 0
PETROCHINA CO LTD ADR ADR 71646E100 1,186 9,447 SH   SOLE   9,447 0 0
VITAMIN SHOPPE INC COMMON STOCK USD.01 92849E101 413 9,610 SH   SOLE   9,610 0 0
VERISIGN INC COMMON STOCK USD.001 92343E102 4,085 83,700 SH   SOLE   83,700 0 0
HCI GROUP INC COMMON STOCK NPV 40416E103 898 22,110 SH   SOLE   22,110 0 0
AMERISOURCEBERGEN CORP COMMON STOCK USD.01 03073E105 1,968 27,080 SH   SOLE   27,080 0 0
NAVISTAR INTERNATIONAL CORP COMMON STOCK USD.1 63934E108 22,746 606,874 SH   SOLE   606,874 0 0
DR PEPPER SNAPPLE GROUP INC COMMON STOCK USD.01 26138E109 4,536 77,435 SH   SOLE   77,435 0 0
TRAVELERS COS INC/THE COMMON STOCK NPV 89417E109 9,295 98,808 SH   SOLE   98,808 0 0
VALE SA SP PREF ADR ADR NPV 91912E204 1,134 95,296 SH   SOLE   95,296 0 0
ADT CORP/THE COMMON STOCK USD.01 00101J106 4,628 132,454 SH   SOLE   132,454 0 0
AES CORP COMMON STOCK USD.01 00130H105 8,280 532,459 SH   SOLE   532,459 0 0
AT+T INC COMMON STOCK USD1. 00206R102 5,134 145,191 SH   SOLE   145,191 0 0
ABBVIE INC COMMON STOCK USD.01 00287Y109 1,473 26,100 SH   SOLE   26,100 0 0
ACORDA THERAPEUTICS INC COMMON STOCK USD.001 00484M106 1,458 43,264 SH   SOLE   43,264 0 0
ADVANCED SEMICONDUCTOR E ADR ADR 00756M404 2,890 444,676 SH   SOLE   444,676 0 0
AECOM TECHNOLOGY CORP COMMON STOCK USD.01 00766T100 11,928 370,433 SH   SOLE   370,433 0 0
AETNA INC COMMON STOCK USD.01 00817Y108 1,900 23,434 SH   SOLE   23,434 0 0
ALNYLAM PHARMACEUTICALS INC COMMON STOCK USD.01 02043Q107 910 14,399 SH   SOLE   14,399 0 0
ALTRIA GROUP INC COMMON STOCK USD.333 02209S103 2,470 58,900 SH   SOLE   58,900 0 0
AMERICA MOVIL ADR SERIES L ADR NPV 02364W105 1,671 80,543 SH   SOLE   80,543 0 0
AMERICA MOVIL ADR SERIES L ADR NPV 02364W105 46,548 2,243,258 SH   SOLE   0 0 2,243,258
AMERICAN AIRLINES GROUP INC COMMON STOCK 02376R102 30,744 715,633 SH   SOLE   715,633 0 0
AMERICAN AIRLINES GROUP INC COMMON STOCK 02376R102 1,597 37,173 SH   SOLE   0 0 37,173
AMERIPRISE FINANCIAL INC COMMON STOCK USD.01 03076C106 1,100 9,170 SH   SOLE   9,170 0 0
APOLLO COMMERCIAL REAL ESTAT REIT USD.01 03762U105 2,194 133,041 SH   SOLE   133,041 0 0
APPLIED INDUSTRIAL TECH INC COMMON STOCK NPV 03820C105 1,261 24,865 SH   SOLE   24,865 0 0
ARCBEST CORP COMMON STOCK USD.01 03937C105 1,033 23,752 SH   SOLE   23,752 0 0
ARRIS GROUP INC COMMON STOCK USD.01 04270V106 1,041 31,996 SH   SOLE   31,996 0 0
ASSURANT INC COMMON STOCK USD.01 04621X108 5,308 80,983 SH   SOLE   80,983 0 0
AUXILIUM PHARMACEUTICALS INC COMMON STOCK USD.01 05334D107 321 15,989 SH   SOLE   15,989 0 0
AXIALL CORP COMMON STOCK USD.01 05463D100 1,103 23,342 SH   SOLE   23,342 0 0
BPZ RESOURCES INC SR UNSECURED 03/15 6.5 055639AB4 1,344 1,325,000 SH   SOLE   1,325,000 0 0
BPZ RESOURCES INC SR UNSECURED 03/15 6.5 055639AB4 1,192 1,175,000 SH   SOLE   0 0 1,175,000
BALLY TECHNOLOGIES INC COMMON STOCK USD.1 05874B107 10,312 156,902 SH   SOLE   156,902 0 0
BANCOLOMBIA S.A. SPONS ADR ADR 05968L102 46,659 807,244 SH   SOLE   807,244 0 0
BANCOLOMBIA S.A. SPONS ADR ADR 05968L102 43,163 746,765 SH   SOLE   0 0 746,765
BANKFINANCIAL CORP COMMON STOCK USD.01 06643P104 282 25,270 SH   SOLE   25,270 0 0
BASIC ENERGY SERVICES INC COMMON STOCK USD.01 06985P100 2,298 78,650 SH   SOLE   78,650 0 0
BIOGEN IDEC INC COMMON STOCK USD.0005 09062X103 2,311 7,328 SH   SOLE   7,328 0 0
CAI INTERNATIONAL INC COMMON STOCK USD.0001 12477X106 908 41,249 SH   SOLE   41,249 0 0
CBRE GROUP INC A COMMON STOCK USD.01 12504L109 3,983 124,309 SH   SOLE   124,309 0 0
CTC MEDIA INC COMMON STOCK USD.01 12642X106 4,286 389,279 SH   SOLE   389,279 0 0
CTC MEDIA INC COMMON STOCK USD.01 12642X106 7,538 684,627 SH   SOLE   0 0 684,627
CAPITAL ONE FINANCIAL CORP COMMON STOCK USD.01 14040H105 28,694 347,386 SH   SOLE   347,386 0 0
CARDINAL HEALTH INC COMMON STOCK NPV 14149Y108 4,492 65,515 SH   SOLE   65,515 0 0
CAREFUSION CORP COMMON STOCK USD.01 14170T101 2,756 62,137 SH   SOLE   62,137 0 0
CASH AMERICA INTL INC COMMON STOCK USD.1 14754D100 1,383 31,130 SH   SOLE   31,130 0 0
CELESTICA INC COMMON STOCK NPV 15101Q108 514 40,916 SH   SOLE   40,916 0 0
CELLDEX THERAPEUTICS INC COMMON STOCK USD.001 15117B103 1,003 61,442 SH   SOLE   61,442 0 0
CENOVUS ENERGY INC COMMON STOCK NPV 15135U109 25,181 777,903 SH   SOLE   777,903 0 0
CEPHEID INC COMMON STOCK NPV 15670R107 958 19,976 SH   SOLE   19,976 0 0
CHINA MOBILE LTD SPON ADR ADR 16941M109 2,038 41,928 SH   SOLE   41,928 0 0
CHIQUITA BRANDS INTL SR UNSECURED 08/16 4.25 170032AT3 1,218 1,210,000 SH   SOLE   1,210,000 0 0
CISCO SYSTEMS INC COMMON STOCK USD.001 17275R102 49,080 1,975,054 SH   SOLE   1,975,054 0 0
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COLONY FINANCIAL INC REIT USD.01 19624R106 780 33,592 SH   SOLE   33,592 0 0
COMCAST CORP CLASS A COMMON STOCK USD.01 20030N101 7,798 145,273 SH   SOLE   145,273 0 0
CIA PARANAENSE ENER SP ADR P ADR NPV 20441B407 607 39,621 SH   SOLE   39,621 0 0
ATLANTICUS HOLDINGS CORP SR UNSECURED 11/35 5.875 20478NAD2 821 2,000,000 SH   SOLE   2,000,000 0 0
CONOCOPHILLIPS COMMON STOCK USD.01 20825C104 6,639 77,435 SH   SOLE   77,435 0 0
CONTANGO OIL + GAS COMMON STOCK USD.04 21075N204 1,872 44,250 SH   SOLE   44,250 0 0
COOPER STANDARD HOLDING COMMON STOCK USD.001 21676P103 149 2,259 SH   SOLE   2,259 0 0
CORRECTIONS CORP OF AMERICA REIT USD.01 22025Y407 2,303 70,101 SH   SOLE   70,101 0 0
CRACKER BARREL OLD COUNTRY COMMON STOCK USD.01 22410J106 1,540 15,468 SH   SOLE   15,468 0 0
CYBERONICS INC COMMON STOCK USD.01 23251P102 2,284 36,567 SH   SOLE   36,567 0 0
DR HORTON INC COMMON STOCK USD.01 23331A109 7,651 311,260 SH   SOLE   311,260 0 0
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DUKE ENERGY CORP COMMON STOCK USD.001 26441C204 2,646 35,661 SH   SOLE   35,661 0 0
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DYNEGY INC COMMON STOCK USD.01 26817R108 5,297 152,212 SH   SOLE   152,212 0 0
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ENERGIZER HOLDINGS INC COMMON STOCK USD.01 29266R108 7,372 60,413 SH   SOLE   60,413 0 0
ENDOCYTE INC COMMON STOCK 29269A102 381 57,850 SH   SOLE   57,850 0 0
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ENTEGRIS INC COMMON STOCK USD.01 29362U104 2,323 168,989 SH   SOLE   168,989 0 0
ENTERGY CORP COMMON STOCK USD.01 29364G103 11,162 135,973 SH   SOLE   135,973 0 0
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FEDEX CORP COMMON STOCK USD.1 31428X106 7,035 46,471 SH   SOLE   46,471 0 0
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GENWORTH FINANCIAL INC CL A COMMON STOCK USD.001 37247D106 4,527 260,165 SH   SOLE   260,165 0 0
GEOSPACE TECHNOLOGIES CORP COMMON STOCK USD.01 37364X109 2,233 40,547 SH   SOLE   40,547 0 0
GOLDMAN SACHS GROUP INC COMMON STOCK USD.01 38141G104 25,646 153,166 SH   SOLE   153,166 0 0
GOOGLE INC CL A COMMON STOCK USD.001 38259P508 4,766 8,151 SH   SOLE   8,151 0 0
GOOGLE INC CL C COMMON STOCK USD.001 38259P706 5,217 9,068 SH   SOLE   9,068 0 0
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HCA HOLDINGS INC COMMON STOCK USD.01 40412C101 12,350 219,048 SH   SOLE   219,048 0 0
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HESS CORP COMMON STOCK USD1. 42809H107 1,612 16,302 SH   SOLE   16,302 0 0
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IAC/INTERACTIVECORP COMMON STOCK USD.001 44919P508 3,842 55,494 SH   SOLE   55,494 0 0
INFORMATICA CORP COMMON STOCK USD.001 45666Q102 3,377 94,720 SH   SOLE   94,720 0 0
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INTERDIGITAL INC COMMON STOCK USD.01 45867G101 1,290 26,988 SH   SOLE   26,988 0 0
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ISHARES MSCI CHINA ETF ISHARES MSCI CHINA ETF 46429B671 432 9,312 SH   SOLE   9,312 0 0
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JPMORGAN CHASE + CO COMMON STOCK USD1.0 46625H100 42,951 745,423 SH   SOLE   745,423 0 0
JONES LANG LASALLE INC COMMON STOCK USD.01 48020Q107 6,475 51,233 SH   SOLE   51,233 0 0
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LEVEL 3 COMMUNICATIONS INC COMMON STOCK USD.01 52729N308 12,155 276,822 SH   SOLE   276,822 0 0
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MACY S INC COMMON STOCK USD.01 55616P104 27,807 479,272 SH   SOLE   479,272 0 0
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METLIFE INC COMMON STOCK USD.01 59156R108 22,993 413,834 SH   SOLE   413,834 0 0
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