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 754 12,336 SH   SOLE   12,336 0 0
AGCO CORP COMMON STOCK USD.01 001084102 2,559 56,614 SH   SOLE   56,614 0 0
AGL RESOURCES INC COMMON STOCK USD5. 001204106 9,482 173,945 SH   SOLE   173,945 0 0
ABBOTT LABORATORIES COMMON STOCK NPV 002824100 4,587 101,888 SH   SOLE   101,888 0 0
ADVENT SOFTWARE INC COMMON STOCK USD.01 007974108 1,232 40,199 SH   SOLE   40,199 0 0
AFFILIATED MANAGERS GROUP COMMON STOCK USD.01 008252108 2,043 9,628 SH   SOLE   9,628 0 0
AIRGAS INC COMMON STOCK USD.01 009363102 2,230 19,359 SH   SOLE   19,359 0 0
ALAMO GROUP INC COMMON STOCK USD.1 011311107 969 20,000 SH   SOLE   20,000 0 0
ALASKA AIR GROUP INC COMMON STOCK USD.01 011659109 8,332 139,422 SH   SOLE   139,422 0 0
ALBEMARLE CORP COMMON STOCK USD.01 012653101 3,641 60,544 SH   SOLE   60,544 0 0
ALEXANDRIA REAL ESTATE EQUIT REIT USD.01 015271109 3,906 44,020 SH   SOLE   44,020 0 0
ALLEGHANY CORP COMMON STOCK USD1. 017175100 3,244 6,998 SH   SOLE   6,998 0 0
ALLERGAN INC COMMON STOCK USD.01 018490102 819 3,853 SH   SOLE   3,853 0 0
ALLIANCE FIBER OPTIC PRODUCT COMMON STOCK USD.001 018680306 373 25,710 SH   SOLE   25,710 0 0
ALLSTATE CORP COMMON STOCK USD.01 020002101 2,004 28,529 SH   SOLE   28,529 0 0
ALON USA ENERGY INC COMMON STOCK USD.01 020520102 673 53,155 SH   SOLE   53,155 0 0
AMERICAN CAMPUS COMMUNITIES REIT USD.01 024835100 4,365 105,534 SH   SOLE   105,534 0 0
AMERICAN ELECTRIC POWER COMMON STOCK USD6.5 025537101 1,768 29,118 SH   SOLE   29,118 0 0
AMERICAN EXPRESS CO COMMON STOCK USD.2 025816109 1,128 12,125 SH   SOLE   12,125 0 0
AMERICAN INTERNATIONAL GROUP COMMON STOCK USD2.5 026874784 48,592 867,562 SH   SOLE   867,562 0 0
AMETEK INC COMMON STOCK USD.01 031100100 1,942 36,900 SH   SOLE   36,900 0 0
AMGEN INC COMMON STOCK USD.0001 031162100 8,278 51,969 SH   SOLE   51,969 0 0
AMTRUST FINANCIAL SERVICES COMMON STOCK USD.01 032359309 4,579 81,412 SH   SOLE   81,412 0 0
ANADARKO PETROLEUM CORP COMMON STOCK USD.1 032511107 5,173 62,704 SH   SOLE   62,704 0 0
ANGLOGOLD ASHANTI SPON ADR ADR NPV 035128206 10,005 1,149,987 SH   SOLE   1,149,987 0 0
ANGLOGOLD ASHANTI SPON ADR ADR NPV 035128206 16,354 1,879,822 SH   SOLE   0 0 1,879,822
ANIKA THERAPEUTICS INC COMMON STOCK USD.01 035255108 2,027 49,765 SH   SOLE   49,765 0 0
ANTHEM INC COMMON STOCK USD.01 036752103 9,034 71,884 SH   SOLE   71,884 0 0
APACHE CORP COMMON STOCK USD.625 037411105 4,214 67,246 SH   SOLE   67,246 0 0
APPLE INC COMMON STOCK USD.00001 037833100 90,511 819,995 SH   SOLE   819,995 0 0
APPLIED MATERIALS INC COMMON STOCK USD.01 038222105 1,418 56,888 SH   SOLE   56,888 0 0
ARCHER DANIELS MIDLAND CO COMMON STOCK NPV 039483102 5,722 110,039 SH   SOLE   110,039 0 0
ARROW ELECTRONICS INC COMMON STOCK USD1. 042735100 7,275 125,672 SH   SOLE   125,672 0 0
ASBURY AUTOMOTIVE GROUP COMMON STOCK USD.01 043436104 1,880 24,760 SH   SOLE   24,760 0 0
ASPEN TECHNOLOGY INC COMMON STOCK USD.1 045327103 1,060 30,270 SH   SOLE   30,270 0 0
ATWOOD OCEANICS INC COMMON STOCK USD1. 050095108 3,092 108,988 SH   SOLE   108,988 0 0
AVERY DENNISON CORP COMMON STOCK USD1. 053611109 2,379 45,850 SH   SOLE   45,850 0 0
AVIS BUDGET GROUP INC COMMON STOCK USD.01 053774105 2,661 40,123 SH   SOLE   40,123 0 0
AVNET INC COMMON STOCK USD1. 053807103 8,358 194,287 SH   SOLE   194,287 0 0
AVON PRODUCTS INC COMMON STOCK USD.25 054303102 7,118 758,092 SH   SOLE   758,092 0 0
BAKER HUGHES INC COMMON STOCK USD1. 057224107 19,901 354,923 SH   SOLE   354,923 0 0
BALL CORP COMMON STOCK NPV 058498106 4,515 66,227 SH   SOLE   66,227 0 0
BANK OF AMERICA CORP COMMON STOCK USD.01 060505104 43,580 2,436,007 SH   SOLE   2,436,007 0 0
BANK OF NEW YORK MELLON CORP COMMON STOCK USD.01 064058100 288 7,106 SH   SOLE   7,106 0 0
CR BARD INC COMMON STOCK USD.25 067383109 5,602 33,623 SH   SOLE   33,623 0 0
BARRACUDA NETWORKS INC COMMON STOCK USD.001 068323104 872 24,340 SH   SOLE   24,340 0 0
BAXTER INTERNATIONAL INC COMMON STOCK USD1. 071813109 280 3,826 SH   SOLE   3,826 0 0
BBCN BANCORP INC COMMON STOCK USD.001 073295107 1,306 90,817 SH   SOLE   90,817 0 0
B/E AEROSPACE INC COMMON STOCK USD.01 073302101 3,047 52,524 SH   SOLE   52,524 0 0
BECTON DICKINSON AND CO COMMON STOCK USD1. 075887109 16,859 121,150 SH   SOLE   121,150 0 0
BED BATH + BEYOND INC COMMON STOCK USD.01 075896100 39,667 520,765 SH   SOLE   520,765 0 0
BEL FUSE INC CL B COMMON STOCK USD.1 077347300 1,079 39,450 SH   SOLE   39,450 0 0
BERKSHIRE HATHAWAY INC CL B COMMON STOCK USD.0033 084670702 15,772 105,041 SH   SOLE   105,041 0 0
BOSTON SCIENTIFIC CORP COMMON STOCK USD.01 101137107 4,023 303,600 SH   SOLE   303,600 0 0
BROADCOM CORP CL A COMMON STOCK USD.0001 111320107 1,839 42,442 SH   SOLE   42,442 0 0
BROCADE COMMUNICATIONS SYS COMMON STOCK USD.001 111621306 21,584 1,823,003 SH   SOLE   1,823,003 0 0
BRUNSWICK CORP COMMON STOCK USD.75 117043109 2,000 39,020 SH   SOLE   39,020 0 0
CBS CORP CLASS B NON VOTING COMMON STOCK USD.001 124857202 19,997 361,357 SH   SOLE   361,357 0 0
CF INDUSTRIES HOLDINGS INC COMMON STOCK USD.01 125269100 1,138 4,177 SH   SOLE   4,177 0 0
CIGNA CORP COMMON STOCK USD.25 125509109 19,725 191,671 SH   SOLE   191,671 0 0
CIT GROUP INC COMMON STOCK USD.01 125581801 2,908 60,800 SH   SOLE   60,800 0 0
CNOOC LTD SPON ADR ADR 126132109 552 4,073 SH   SOLE   4,073 0 0
CVS HEALTH CORP COMMON STOCK USD.01 126650100 14,504 150,594 SH   SOLE   150,594 0 0
CADENCE DESIGN SYS INC COMMON STOCK USD.01 127387108 6,012 316,920 SH   SOLE   316,920 0 0
CALAMP CORP COMMON STOCK USD.01 128126109 1,045 57,130 SH   SOLE   57,130 0 0
CALPINE CORP COMMON STOCK USD.001 131347304 3,848 173,868 SH   SOLE   173,868 0 0
CAMDEN PROPERTY TRUST REIT USD.01 133131102 2,895 39,201 SH   SOLE   39,201 0 0
CASCADE MICROTECH INC COMMON STOCK USD.01 147322101 877 60,000 SH   SOLE   60,000 0 0
CATERPILLAR INC COMMON STOCK USD1. 149123101 12,896 140,899 SH   SOLE   140,899 0 0
CATHAY GENERAL BANCORP COMMON STOCK USD.01 149150104 1,253 48,964 SH   SOLE   48,964 0 0
CELANESE CORP SERIES A COMMON STOCK USD.0001 150870103 3,915 65,300 SH   SOLE   65,300 0 0
CELGENE CORP COMMON STOCK USD.01 151020104 50,875 454,806 SH   SOLE   454,806 0 0
CENTURY ALUMINUM COMPANY COMMON STOCK USD.01 156431108 547 22,420 SH   SOLE   22,420 0 0
CHESAPEAKE LODGING TRUST REIT USD.01 165240102 4,280 115,015 SH   SOLE   115,015 0 0
CHEVRONTEXACO CORP COMMON STOCK USD.75 166764100 67,382 600,663 SH   SOLE   600,663 0 0
CHUBB CORP COMMON STOCK USD1. 171232101 2,952 28,529 SH   SOLE   28,529 0 0
CIRRUS LOGIC INC COMMON STOCK USD.001 172755100 1,372 58,192 SH   SOLE   58,192 0 0
CINTAS CORP COMMON STOCK NPV 172908105 5,978 76,217 SH   SOLE   76,217 0 0
CITIGROUP INC COMMON STOCK USD.01 172967424 63,170 1,167,439 SH   SOLE   1,167,439 0 0
CITRIX SYSTEMS INC COMMON STOCK USD.001 177376100 1,300 20,378 SH   SOLE   20,378 0 0
CLOROX COMPANY COMMON STOCK USD1. 189054109 1,464 14,045 SH   SOLE   14,045 0 0
CLOVIS ONCOLOGY INC COMMON STOCK USD.001 189464100 375 6,703 SH   SOLE   6,703 0 0
COCA COLA CO/THE COMMON STOCK USD.25 191216100 44,854 1,062,389 SH   SOLE   1,062,389 0 0
COLGATE PALMOLIVE CO COMMON STOCK USD1. 194162103 21,468 310,280 SH   SOLE   310,280 0 0
COLUMBUS MCKINNON CORP/NY COMMON STOCK USD.01 199333105 1,787 63,746 SH   SOLE   63,746 0 0
COMFORT SYSTEMS USA INC COMMON STOCK USD.01 199908104 1,256 73,360 SH   SOLE   73,360 0 0
COMMUNITY HEALTH SYSTEMS INC COMMON STOCK USD.01 203668108 4,995 92,636 SH   SOLE   92,636 0 0
COMMVAULT SYSTEMS INC COMMON STOCK USD.01 204166102 984 19,034 SH   SOLE   19,034 0 0
CIA DE MINAS BUENAVENTUR ADR ADR 204448104 13,845 1,448,231 SH   SOLE   1,448,231 0 0
CIA DE MINAS BUENAVENTUR ADR ADR 204448104 26,242 2,744,939 SH   SOLE   0 0 2,744,939
COMPUTER SCIENCES CORP COMMON STOCK USD1. 205363104 3,983 63,171 SH   SOLE   63,171 0 0
CONAGRA FOODS INC COMMON STOCK USD5. 205887102 8,036 221,511 SH   SOLE   221,511 0 0
CONNECTICUT WATER SVC INC COMMON STOCK NPV 207797101 1,009 27,800 SH   SOLE   27,800 0 0
COOPER COS INC/THE COMMON STOCK USD.1 216648402 2,632 16,240 SH   SOLE   16,240 0 0
CORNING INC COMMON STOCK USD.5 219350105 6,238 272,041 SH   SOLE   272,041 0 0
CRANE CO COMMON STOCK USD1. 224399105 4,484 76,391 SH   SOLE   76,391 0 0
CREDIT ACCEPTANCE CORP COMMON STOCK USD.01 225310101 450 3,300 SH   SOLE   3,300 0 0
CROWN HOLDINGS INC COMMON STOCK USD5. 228368106 1,453 28,546 SH   SOLE   28,546 0 0
CYNOSURE INC A COMMON STOCK USD.001 232577205 402 14,663 SH   SOLE   14,663 0 0
DTE ENERGY COMPANY COMMON STOCK NPV 233331107 1,232 14,264 SH   SOLE   14,264 0 0
DANA HOLDING CORP COMMON STOCK USD.01 235825205 4,341 199,700 SH   SOLE   199,700 0 0
DEERE + CO COMMON STOCK USD1. 244199105 1,623 18,340 SH   SOLE   18,340 0 0
DELEK US HOLDINGS INC COMMON STOCK USD.01 246647101 1,557 57,074 SH   SOLE   57,074 0 0
DELTA AIR LINES INC COMMON STOCK USD.0001 247361702 20,000 406,591 SH   SOLE   406,591 0 0
DELUXE CORP COMMON STOCK USD1. 248019101 2,991 48,043 SH   SOLE   48,043 0 0
DILLARDS INC CL A COMMON STOCK NPV 254067101 9,050 72,295 SH   SOLE   72,295 0 0
WALT DISNEY CO/THE COMMON STOCK USD.01 254687106 37,865 402,003 SH   SOLE   402,003 0 0
DISCOVER FINANCIAL SERVICES COMMON STOCK USD.01 254709108 1,435 21,906 SH   SOLE   21,906 0 0
DOMTAR CORP COMMON STOCK USD.01 257559203 2,369 58,895 SH   SOLE   58,895 0 0
DOW CHEMICAL CO/THE COMMON STOCK USD2.5 260543103 1,626 35,661 SH   SOLE   35,661 0 0
DU PONT (E.I.) DE NEMOURS COMMON STOCK USD.3 263534109 737,132 9,969,322 SH   SOLE   9,969,322 0 0
DUCOMMUN INC COMMON STOCK USD.01 264147109 854 33,794 SH   SOLE   33,794 0 0
EMC CORP/MA COMMON STOCK USD.01 268648102 4,947 166,328 SH   SOLE   166,328 0 0
E TRADE FINANCIAL CORP COMMON STOCK USD.01 269246401 2,079 85,724 SH   SOLE   85,724 0 0
EASTMAN CHEMICAL CO COMMON STOCK USD.01 277432100 5,816 76,668 SH   SOLE   76,668 0 0
EASTMAN KODAK CO EASTMAN KODAK CO CW18 125 277461133 6 832 SH   SOLE   832 0 0
EASTMAN KODAK CO EASTMAN KODAK CO CW18 125 277461133 13 1,666 SH   SOLE   0 0 1,666
EASTMAN KODAK CO EASTMAN KODAK CO CW18 135 277461141 5 832 SH   SOLE   832 0 0
EASTMAN KODAK CO EASTMAN KODAK CO CW18 135 277461141 10 1,666 SH   SOLE   0 0 1,666
EASTMAN KODAK CO COMMON STOCK USD.01 277461406 53 2,448 SH   SOLE   2,448 0 0
EASTMAN KODAK CO COMMON STOCK USD.01 277461406 104 4,794 SH   SOLE   0 0 4,794
EBAY INC COMMON STOCK USD.001 278642103 5,361 95,531 SH   SOLE   95,531 0 0
EDISON INTERNATIONAL COMMON STOCK NPV 281020107 1,851 28,263 SH   SOLE   28,263 0 0
ELECTRONIC ARTS INC COMMON STOCK USD.01 285512109 1,183 25,166 SH   SOLE   25,166 0 0
ELECTRONICS FOR IMAGING COMMON STOCK USD.01 286082102 433 10,110 SH   SOLE   10,110 0 0
EMERSON ELECTRIC CO COMMON STOCK USD.5 291011104 25,075 406,207 SH   SOLE   406,207 0 0
ENERNOC INC COMMON STOCK USD.001 292764107 505 32,670 SH   SOLE   32,670 0 0
EPLUS INC COMMON STOCK USD.01 294268107 1,514 20,000 SH   SOLE   20,000 0 0
ERICSSON (LM) TEL SP ADR ADR 294821608 1,106 91,430 SH   SOLE   91,430 0 0
FIDELITY SOUTHERN CORP COMMON STOCK NPV 316394105 702 43,575 SH   SOLE   43,575 0 0
FIRSTMERIT CORP COMMON STOCK NPV 337915102 4,810 254,647 SH   SOLE   254,647 0 0
FIRSTENERGY CORP COMMON STOCK USD.1 337932107 712 18,263 SH   SOLE   18,263 0 0
FOOT LOCKER INC COMMON STOCK USD.01 344849104 7,763 138,180 SH   SOLE   138,180 0 0
FORD MOTOR CO COMMON STOCK USD.01 345370860 15,622 1,007,873 SH   SOLE   1,007,873 0 0
FRANCESCAS HOLDINGS CORP COMMON STOCK USD.01 351793104 776 46,465 SH   SOLE   46,465 0 0
GATX CORP COMMON STOCK USD.625 361448103 443 7,700 SH   SOLE   7,700 0 0
GANNETT CO COMMON STOCK USD1. 364730101 5,754 180,219 SH   SOLE   180,219 0 0
GAP INC/THE COMMON STOCK USD.05 364760108 2,231 52,982 SH   SOLE   52,982 0 0
GENERAL DYNAMICS CORP COMMON STOCK USD1. 369550108 4,892 35,546 SH   SOLE   35,546 0 0
GENERAL ELECTRIC CO COMMON STOCK USD.06 369604103 18,421 728,969 SH   SOLE   728,969 0 0
GILEAD SCIENCES INC COMMON STOCK USD.001 375558103 52,844 560,622 SH   SOLE   560,622 0 0
GREENBRIER COMPANIES INC COMMON STOCK NPV 393657101 1,352 25,171 SH   SOLE   25,171 0 0
HSN INC COMMON STOCK USD.01 404303109 5,734 75,450 SH   SOLE   75,450 0 0
HANESBRANDS INC COMMON STOCK USD.01 410345102 4,253 38,102 SH   SOLE   38,102 0 0
HARLEY DAVIDSON INC COMMON STOCK USD.01 412822108 521 7,900 SH   SOLE   7,900 0 0
HAVERTY FURNITURE COMMON STOCK USD1. 419596101 1,863 84,651 SH   SOLE   84,651 0 0
HEALTHSOUTH CORP W/D COMMON STOCK USD.01 421924309 5,838 151,802 SH   SOLE   151,802 0 0
HELMERICH + PAYNE COMMON STOCK USD.1 423452101 1,825 27,073 SH   SOLE   27,073 0 0
HEWLETT PACKARD CO COMMON STOCK USD.01 428236103 47,432 1,181,958 SH   SOLE   1,181,958 0 0
HIBBETT SPORTS INC COMMON STOCK USD.01 428567101 910 18,780 SH   SOLE   18,780 0 0
HILL ROM HOLDINGS INC COMMON STOCK NPV 431475102 4,750 104,113 SH   SOLE   104,113 0 0
HOLLYFRONTIER CORP COMMON STOCK USD.01 436106108 2,476 66,062 SH   SOLE   66,062 0 0
HOLOGIC INC COMMON STOCK USD.01 436440101 2,962 110,771 SH   SOLE   110,771 0 0
HOME DEPOT INC COMMON STOCK USD.05 437076102 7,380 70,303 SH   SOLE   70,303 0 0
HUNTINGTON INGALLS INDUSTRIE COMMON STOCK USD.01 446413106 10,141 90,170 SH   SOLE   90,170 0 0
HUNTSMAN CORP COMMON STOCK USD.01 447011107 3,366 147,742 SH   SOLE   147,742 0 0
HURCO COMPANIES INC COMMON STOCK NPV 447324104 426 12,510 SH   SOLE   12,510 0 0
HYSTER YALE MATERIALS COMMON STOCK USD.01 449172105 3,707 50,637 SH   SOLE   50,637 0 0
ICONIX BRAND GROUP INC COMMON STOCK USD.001 451055107 3,037 89,873 SH   SOLE   89,873 0 0
IDACORP INC COMMON STOCK NPV 451107106 1,787 26,994 SH   SOLE   26,994 0 0
INGREDION INC COMMON STOCK USD.01 457187102 5,386 63,479 SH   SOLE   63,479 0 0
INTEL CORP COMMON STOCK USD.001 458140100 10,538 290,381 SH   SOLE   290,381 0 0
INTL BUSINESS MACHINES CORP COMMON STOCK USD.2 459200101 6,048 37,699 SH   SOLE   37,699 0 0
INTL FLAVORS + FRAGRANCES COMMON STOCK USD.125 459506101 14,915 147,147 SH   SOLE   147,147 0 0
INTERNATIONAL PAPER CO COMMON STOCK USD1. 460146103 19,794 369,438 SH   SOLE   369,438 0 0
ISHARES MSCI BRAZIL CAPPED ETF ISHARES MSCI BRAZIL CAPPED E 464286400 1,010 27,620 SH   SOLE   27,620 0 0
ISHARES MSCI THAILAND CAPPED E ISHARES MSCI THAILAND CAPPED 464286624 361 4,662 SH   SOLE   4,662 0 0
ISHARES MSCI CHILE CAPPED ETF ISHARES MSCI CHILE CAPPED ET 464286640 408 10,231 SH   SOLE   10,231 0 0
ISHARES MSCI TAIWAN ETF ISHARES MSCI TAIWAN ETF 464286731 2,671 176,768 SH   SOLE   176,768 0 0
ISHARES MSCI SOUTH KOREA CAPPE ISHARES MSCI SOUTH KOREA CAP 464286772 5,847 105,734 SH   SOLE   105,734 0 0
ISHARES MSCI MALAYSIA ETF ISHARES MSCI MALAYSIA ETF 464286830 1,058 78,503 SH   SOLE   78,503 0 0
ISHARES MSCI EMERGING MARKETS ISHARES MSCI EMERGING MARKET 464287234 55,961 1,424,293 SH   SOLE   1,424,293 0 0
ISHARES MSCI EMERGING MARKETS ISHARES MSCI EMERGING MARKET 464287234 116,551 2,966,437 SH   SOLE   0 0 2,966,437
ISHARES MSCI EAFE ETF ISHARES MSCI EAFE ETF 464287465 54,927 902,815 SH   SOLE   902,815 0 0
ISIS PHARMACEUTICALS INC COMMON STOCK USD.001 464330109 1,228 19,887 SH   SOLE   19,887 0 0
ITAU UNIBANCO H SPON PRF ADR ADR NPV 465562106 588 45,234 SH   SOLE   45,234 0 0
JABIL CIRCUIT INC COMMON STOCK USD.001 466313103 3,612 165,446 SH   SOLE   165,446 0 0
JACOBS ENGINEERING GROUP INC COMMON STOCK USD1. 469814107 3,651 81,700 SH   SOLE   81,700 0 0
JOHNSON + JOHNSON COMMON STOCK USD1. 478160104 22,261 212,879 SH   SOLE   212,879 0 0
JOHNSON CONTROLS INC COMMON STOCK USD.01388 478366107 967 20,005 SH   SOLE   20,005 0 0
JOY GLOBAL INC COMMON STOCK USD1. 481165108 17,080 367,160 SH   SOLE   367,160 0 0
KLX INC COMMON STOCK USD.01 482539103 1,083 26,262 SH   SOLE   26,262 0 0
KIMBERLY CLARK CORP COMMON STOCK USD1.25 494368103 2,395 20,725 SH   SOLE   20,725 0 0
KOHLS CORP COMMON STOCK USD.01 500255104 6,311 103,386 SH   SOLE   103,386 0 0
KORN/FERRY INTERNATIONAL COMMON STOCK USD.01 500643200 1,968 68,430 SH   SOLE   68,430 0 0
KROGER CO COMMON STOCK USD1. 501044101 13,225 205,960 SH   SOLE   205,960 0 0
LTC PROPERTIES INC REIT USD.01 502175102 1,191 27,592 SH   SOLE   27,592 0 0
LAM RESEARCH CORP COMMON STOCK USD.001 512807108 519 6,547 SH   SOLE   6,547 0 0
LANNETT CO INC COMMON STOCK USD.001 516012101 2,303 53,700 SH   SOLE   53,700 0 0
LAS VEGAS SANDS CORP COMMON STOCK USD.001 517834107 4,961 85,300 SH   SOLE   85,300 0 0
LASALLE HOTEL PROPERTIES REIT USD.01 517942108 3,736 92,320 SH   SOLE   92,320 0 0
LATTICE SEMICONDUCTOR CORP COMMON STOCK USD.01 518415104 1,552 225,290 SH   SOLE   225,290 0 0
ESTEE LAUDER COMPANIES CL A COMMON STOCK USD.01 518439104 30,092 394,905 SH   SOLE   394,905 0 0
LEAR CORP COMMON STOCK USD.01 521865204 2,238 22,818 SH   SOLE   22,818 0 0
LEGGETT + PLATT INC COMMON STOCK USD.01 524660107 1,845 43,302 SH   SOLE   43,302 0 0
LENNAR CORP A COMMON STOCK USD.1 526057104 4,073 90,900 SH   SOLE   90,900 0 0
LEUCADIA NATIONAL CORP COMMON STOCK USD1. 527288104 5,606 250,034 SH   SOLE   250,034 0 0
ELI LILLY + CO COMMON STOCK NPV 532457108 2,671 38,717 SH   SOLE   38,717 0 0
LINCOLN ELECTRIC HOLDINGS COMMON STOCK NPV 533900106 3,570 51,676 SH   SOLE   51,676 0 0
LINCOLN NATIONAL CORP COMMON STOCK NPV 534187109 1,469 25,472 SH   SOLE   25,472 0 0
LITHIA MOTORS INC CL A COMMON STOCK NPV 536797103 2,272 26,203 SH   SOLE   26,203 0 0
LOWE S COS INC COMMON STOCK USD.5 548661107 8,832 128,379 SH   SOLE   128,379 0 0
MANHATTAN ASSOCIATES INC COMMON STOCK USD.01 562750109 2,288 56,194 SH   SOLE   56,194 0 0
MANITEX INTERNATIONAL INC COMMON STOCK NPV 563420108 971 76,380 SH   SOLE   76,380 0 0
MANITOWOC COMPANY INC COMMON STOCK USD.01 563571108 13,135 594,339 SH   SOLE   594,339 0 0
MARATHON OIL CORP COMMON STOCK USD1. 565849106 1,211 42,793 SH   SOLE   42,793 0 0
MARLIN BUSINESS SERVICES INC COMMON STOCK USD.01 571157106 619 30,136 SH   SOLE   30,136 0 0
MARSH + MCLENNAN COS COMMON STOCK USD1. 571748102 536 9,364 SH   SOLE   9,364 0 0
MASCO CORP COMMON STOCK USD1. 574599106 4,402 174,700 SH   SOLE   174,700 0 0
MATADOR RESOURCES CO COMMON STOCK USD.01 576485205 1,566 77,430 SH   SOLE   77,430 0 0
MCDONALD S CORP COMMON STOCK USD.01 580135101 33,807 360,804 SH   SOLE   360,804 0 0
MEAD JOHNSON NUTRITION CO COMMON STOCK USD.01 582839106 730 7,262 SH   SOLE   7,262 0 0
MEDTRONIC INC COMMON STOCK USD.1 585055106 34,399 476,437 SH   SOLE   476,437 0 0
MENTOR GRAPHICS CORP COMMON STOCK NPV 587200106 10,931 498,683 SH   SOLE   498,683 0 0
METHODE ELECTRONICS INC COMMON STOCK USD.5 591520200 980 26,842 SH   SOLE   26,842 0 0
METTLER TOLEDO INTERNATIONAL COMMON STOCK USD.01 592688105 4,163 13,765 SH   SOLE   13,765 0 0
MICROSOFT CORP COMMON STOCK USD.00000625 594918104 101,599 2,187,276 SH   SOLE   2,187,276 0 0
MICROCHIP TECHNOLOGY INC COMMON STOCK USD.001 595017104 419 9,289 SH   SOLE   9,289 0 0
MICRON TECHNOLOGY INC COMMON STOCK USD.1 595112103 9,896 282,649 SH   SOLE   282,649 0 0
HERMAN MILLER INC COMMON STOCK USD.2 600544100 2,120 72,030 SH   SOLE   72,030 0 0
MINERALS TECHNOLOGIES INC COMMON STOCK USD.1 603158106 1,453 20,920 SH   SOLE   20,920 0 0
MONARCH CASINO + RESORT INC COMMON STOCK USD.01 609027107 757 45,644 SH   SOLE   45,644 0 0
MONDELEZ INTERNATIONAL INC A COMMON STOCK NPV 609207105 9,105 250,645 SH   SOLE   250,645 0 0
MORGAN STANLEY COMMON STOCK USD.01 617446448 7,794 200,876 SH   SOLE   200,876 0 0
MOVADO GROUP INC COMMON STOCK USD.01 624580106 563 19,849 SH   SOLE   19,849 0 0
MURPHY OIL CORP COMMON STOCK USD1. 626717102 3,500 69,284 SH   SOLE   69,284 0 0
MYLAN INC COMMON STOCK USD.5 628530107 3,983 70,667 SH   SOLE   70,667 0 0
NRG ENERGY INC COMMON STOCK USD.01 629377508 36,322 1,347,760 SH   SOLE   1,347,760 0 0
NASDAQ OMX GROUP/THE COMMON STOCK USD.01 631103108 2,582 53,831 SH   SOLE   53,831 0 0
NATIONAL OILWELL VARCO INC COMMON STOCK USD.01 637071101 27,957 426,632 SH   SOLE   426,632 0 0
NAVIGATORS GROUP INC COMMON STOCK USD.1 638904102 340 4,630 SH   SOLE   4,630 0 0
NEENAH PAPER INC COMMON STOCK USD.01 640079109 1,862 30,898 SH   SOLE   30,898 0 0
NEWELL RUBBERMAID INC COMMON STOCK USD1. 651229106 29,618 777,590 SH   SOLE   777,590 0 0
NEWPARK RESOURCES INC COMMON STOCK USD.01 651718504 1,124 117,816 SH   SOLE   117,816 0 0
NOKIA CORP SPON ADR ADR 654902204 1,351 171,937 SH   SOLE   171,937 0 0
NORTHEAST UTILITIES COMMON STOCK USD5. 664397106 2,345 43,812 SH   SOLE   43,812 0 0
NORTHERN OIL AND GAS INC COMMON STOCK USD.001 665531109 568 100,464 SH   SOLE   100,464 0 0
OASIS PETROLEUM INC COMMON STOCK USD.01 674215108 2,882 174,246 SH   SOLE   174,246 0 0
OCCIDENTAL PETROLEUM CORP COMMON STOCK USD.2 674599105 37,220 461,734 SH   SOLE   461,734 0 0
OMNICARE INC COMMON STOCK USD1. 681904108 4,937 67,690 SH   SOLE   67,690 0 0
OMNICOM GROUP COMMON STOCK USD.15 681919106 1,433 18,500 SH   SOLE   18,500 0 0
ON ASSIGNMENT INC COMMON STOCK USD.01 682159108 1,768 53,264 SH   SOLE   53,264 0 0
ORMAT TECHNOLOGIES INC COMMON STOCK USD.001 686688102 2,497 91,865 SH   SOLE   91,865 0 0
OUTERWALL INC W/I COMMON STOCK USD.001 690070107 1,425 18,945 SH   SOLE   18,945 0 0
PICO HOLDINGS INC COMMON STOCK USD.001 693366205 475 25,222 SH   SOLE   25,222 0 0
PNC FINANCIAL SERVICES GROUP COMMON STOCK USD5. 693475105 22,986 251,954 SH   SOLE   251,954 0 0
POSCO SPON ADR ADR 693483109 15,789 247,439 SH   SOLE   247,439 0 0
POSCO SPON ADR ADR 693483109 20,403 319,739 SH   SOLE   0 0 319,739
PACCAR INC COMMON STOCK USD1. 693718108 454 6,670 SH   SOLE   6,670 0 0
PACKAGING CORP OF AMERICA COMMON STOCK USD.01 695156109 9,957 127,573 SH   SOLE   127,573 0 0
PARKER HANNIFIN CORP COMMON STOCK USD.5 701094104 23,052 178,770 SH   SOLE   178,770 0 0
PEPCO HOLDINGS INC COMMON STOCK USD.01 713291102 1,098 40,755 SH   SOLE   40,755 0 0
PEPSICO INC COMMON STOCK USD.017 713448108 9,056 95,775 SH   SOLE   95,775 0 0
PFIZER INC COMMON STOCK USD.05 717081103 73,750 2,367,583 SH   SOLE   2,367,583 0 0
PHILIP MORRIS INTERNATIONAL COMMON STOCK NPV 718172109 14,441 177,304 SH   SOLE   177,304 0 0
PIER 1 IMPORTS INC COMMON STOCK USD.001 720279108 1,639 106,404 SH   SOLE   106,404 0 0
PINNACLE WEST CAPITAL COMMON STOCK NPV 723484101 2,802 41,014 SH   SOLE   41,014 0 0
POLARIS INDUSTRIES INC COMMON STOCK USD.01 731068102 3,872 25,600 SH   SOLE   25,600 0 0
PORTLAND GENERAL ELECTRIC CO COMMON STOCK NPV 736508847 1,408 37,224 SH   SOLE   37,224 0 0
PROCTER + GAMBLE CO/THE COMMON STOCK 742718109 60,000 658,688 SH   SOLE   658,688 0 0
PRIVATEBANCORP INC COMMON STOCK NPV 742962103 2,337 69,981 SH   SOLE   69,981 0 0
PROSPERITY BANCSHARES INC COMMON STOCK USD1. 743606105 3,546 64,052 SH   SOLE   64,052 0 0
PRUDENTIAL FINANCIAL INC COMMON STOCK USD.01 744320102 411 4,542 SH   SOLE   4,542 0 0
PUBLIC SERVICE ENTERPRISE GP COMMON STOCK NPV 744573106 10,368 250,365 SH   SOLE   250,365 0 0
PULTEGROUP INC COMMON STOCK USD.01 745867101 6,749 314,491 SH   SOLE   314,491 0 0
QLOGIC CORP COMMON STOCK USD.001 747277101 1,023 76,794 SH   SOLE   76,794 0 0
QUAD GRAPHICS INC COMMON STOCK USD.025 747301109 3 144 SH   SOLE   0 0 144
QUALCOMM INC COMMON STOCK USD.0001 747525103 5,920 79,646 SH   SOLE   79,646 0 0
RF MICRO DEVICES INC COMMON STOCK NPV 749941100 1,402 84,520 SH   SOLE   84,520 0 0
RADIAN GROUP INC COMMON STOCK USD.001 750236101 2,183 130,560 SH   SOLE   130,560 0 0
RAYMOND JAMES FINANCIAL INC COMMON STOCK USD.01 754730109 4,308 75,200 SH   SOLE   75,200 0 0
RELIANCE STEEL + ALUMINUM COMMON STOCK NPV 759509102 25,703 419,498 SH   SOLE   419,498 0 0
REPLIGEN CORP COMMON STOCK USD.01 759916109 275 13,892 SH   SOLE   13,892 0 0
REX AMERICAN RESOURCES CORP COMMON STOCK USD.01 761624105 2,391 38,580 SH   SOLE   38,580 0 0
RITE AID CORP COMMON STOCK USD1. 767754104 2,013 267,666 SH   SOLE   267,666 0 0
ROBERT HALF INTL INC COMMON STOCK USD.001 770323103 2,402 41,149 SH   SOLE   41,149 0 0
ROCK TENN COMPANY CL A COMMON STOCK USD.01 772739207 4,705 77,152 SH   SOLE   77,152 0 0
ROCKWELL AUTOMATION INC COMMON STOCK USD1. 773903109 2,446 22,000 SH   SOLE   22,000 0 0
ROCKWELL COLLINS INC COMMON STOCK USD.01 774341101 1,057 12,506 SH   SOLE   12,506 0 0
ROFIN SINAR TECHNOLOGIES INC COMMON STOCK USD.01 775043102 1,465 50,910 SH   SOLE   50,910 0 0
ROSETTA RESOURCES INC COMMON STOCK USD.001 777779307 3,509 157,302 SH   SOLE   157,302 0 0
RYDER SYSTEM INC COMMON STOCK USD.5 783549108 1,391 14,978 SH   SOLE   14,978 0 0
RYERSON HOLDING CORP COMMON STOCK USD.01 783754104 838 84,410 SH   SOLE   84,410 0 0
RYLAND GROUP INC/THE COMMON STOCK USD1. 783764103 1,943 50,391 SH   SOLE   50,391 0 0
SJW CORP COMMON STOCK USD1.042 784305104 1,205 37,500 SH   SOLE   37,500 0 0
SAGENT PHARMACEUTICALS INC COMMON STOCK USD.01 786692103 1,040 41,400 SH   SOLE   41,400 0 0
SALIX PHARMACEUTICALS LTD COMMON STOCK USD.001 795435106 980 8,523 SH   SOLE   8,523 0 0
SANDERSON FARMS INC COMMON STOCK USD1. 800013104 4,855 57,784 SH   SOLE   57,784 0 0
SANMINA CORP COMMON STOCK USD.01 801056102 729 31,000 SH   SOLE   31,000 0 0
HENRY SCHEIN INC COMMON STOCK USD.01 806407102 4,331 31,807 SH   SOLE   31,807 0 0
SCHLUMBERGER LTD COMMON STOCK USD.01 806857108 37,905 443,801 SH   SOLE   443,801 0 0
SEMPRA ENERGY COMMON STOCK NPV 816851109 1,929 17,321 SH   SOLE   17,321 0 0
SHERWIN WILLIAMS CO/THE COMMON STOCK USD1. 824348106 2,278 8,660 SH   SOLE   8,660 0 0
SHINHAN FINANCIAL GROUP ADR ADR 824596100 634 15,704 SH   SOLE   15,704 0 0
SIMMONS FIRST NATL CORP CL A COMMON STOCK USD.01 828730200 1,815 44,638 SH   SOLE   44,638 0 0
SIMON PROPERTY GROUP INC REIT USD.0001 828806109 4,602 25,268 SH   SOLE   25,268 0 0
SKECHERS USA INC CL A COMMON STOCK USD.001 830566105 1,371 24,822 SH   SOLE   24,822 0 0
SMITH (A.O.) CORP COMMON STOCK USD1. 831865209 3,260 57,800 SH   SOLE   57,800 0 0
SNAP ON INC COMMON STOCK USD1. 833034101 8,977 65,651 SH   SOLE   65,651 0 0
SOUTHERN CO/THE COMMON STOCK USD5. 842587107 1,741 35,457 SH   SOLE   35,457 0 0
SOUTHWEST AIRLINES CO COMMON STOCK USD1. 844741108 7,718 182,380 SH   SOLE   182,380 0 0
SPARK ENERGY INC CLASS A COMMON STOCK USD.01 846511103 418 29,690 SH   SOLE   29,690 0 0
SPIRIT AEROSYSTEMS HOLD CL A COMMON STOCK USD.01 848574109 6,522 151,530 SH   SOLE   151,530 0 0
STANLEY BLACK + DECKER INC COMMON STOCK USD2.5 854502101 3,328 34,642 SH   SOLE   34,642 0 0
STAPLES INC COMMON STOCK USD.0006 855030102 2,511 138,568 SH   SOLE   138,568 0 0
STEEL DYNAMICS INC COMMON STOCK USD.005 858119100 1,834 92,887 SH   SOLE   92,887 0 0
STERIS CORP COMMON STOCK NPV 859152100 2,289 35,295 SH   SOLE   35,295 0 0
SUNTRUST BANKS INC COMMON STOCK USD1. 867914103 3,442 82,159 SH   SOLE   82,159 0 0
SUPERNUS PHARMACEUTICALS INC COMMON STOCK USD.001 868459108 251 30,299 SH   SOLE   30,299 0 0
SYMANTEC CORP COMMON STOCK USD.01 871503108 1,387 54,045 SH   SOLE   54,045 0 0
SYNOPSYS INC COMMON STOCK USD.01 871607107 5,342 122,900 SH   SOLE   122,900 0 0
TAIWAN SEMICONDUCTOR SP ADR ADR 874039100 26,913 1,202,535 SH   SOLE   1,202,535 0 0
TAIWAN SEMICONDUCTOR SP ADR ADR 874039100 42,982 1,920,544 SH   SOLE   0 0 1,920,544
TECH DATA CORP COMMON STOCK USD.0015 878237106 2,774 43,877 SH   SOLE   43,877 0 0
TERNIUM SA SPONSORED ADR ADR USD1. 880890108 23,612 1,338,574 SH   SOLE   1,338,574 0 0
TERNIUM SA SPONSORED ADR ADR USD1. 880890108 39,786 2,255,437 SH   SOLE   0 0 2,255,437
TESARO INC COMMON STOCK USD.0001 881569107 479 12,880 SH   SOLE   12,880 0 0
TESORO CORP COMMON STOCK USD.167 881609101 9,037 121,552 SH   SOLE   121,552 0 0
TEXAS INSTRUMENTS INC COMMON STOCK USD1. 882508104 1,198 22,415 SH   SOLE   22,415 0 0
TEXTRON INC COMMON STOCK USD.125 883203101 33,574 797,292 SH   SOLE   797,292 0 0
THOMPSON CREEK METALS CO INC COMMON STOCK NPV 884768102 435 260,873 SH   SOLE   260,873 0 0
THOMPSON CREEK METALS CO INC COMMON STOCK NPV 884768102 93 55,513 SH   SOLE   0 0 55,513
TRANSDIGM GROUP INC COMMON STOCK USD.01 893641100 681 3,469 SH   SOLE   3,469 0 0
TRIMBLE NAVIGATION LTD COMMON STOCK NPV 896239100 364 13,729 SH   SOLE   13,729 0 0
TRINITY INDUSTRIES INC COMMON STOCK USD1. 896522109 3,188 113,820 SH   SOLE   113,820 0 0
TRIUMPH GROUP INC COMMON STOCK USD.001 896818101 5,613 83,508 SH   SOLE   83,508 0 0
TUESDAY MORNING CORP COMMON STOCK USD.01 899035505 872 40,180 SH   SOLE   40,180 0 0
TURKCELL ILETISIM HIZMET ADR ADR TRY1. 900111204 123 8,137 SH   SOLE   8,137 0 0
UGI CORP COMMON STOCK NPV 902681105 6,813 179,382 SH   SOLE   179,382 0 0
UIL HOLDINGS CORP COMMON STOCK NPV 902748102 919 21,100 SH   SOLE   21,100 0 0
US BANCORP COMMON STOCK USD.01 902973304 25,116 558,749 SH   SOLE   558,749 0 0
ULTRA PETROLEUM CORP COMMON STOCK NPV 903914109 6,562 498,659 SH   SOLE   498,659 0 0
UNILEVER PLC SPONSORED ADR ADR 904767704 1,663 41,082 SH   SOLE   41,082 0 0
UNION PACIFIC CORP COMMON STOCK USD2.5 907818108 30,929 259,624 SH   SOLE   259,624 0 0
UNITED INSURANCE HOLDINGS CO COMMON STOCK USD.0001 910710102 1,483 67,570 SH   SOLE   67,570 0 0
UNITED RENTALS INC COMMON STOCK USD.01 911363109 1,871 18,340 SH   SOLE   18,340 0 0
UNITED STATIONERS INC COMMON STOCK USD.1 913004107 777 18,433 SH   SOLE   18,433 0 0
UNITED TECH CORP COMMON STOCK USD1. 913017109 33,847 294,323 SH   SOLE   294,323 0 0
UNIVERSAL HEALTH SERVICES B COMMON STOCK USD.01 913903100 5,332 47,922 SH   SOLE   47,922 0 0
VALSPAR CORP COMMON STOCK USD.5 920355104 1,767 20,438 SH   SOLE   20,438 0 0
VANGUARD FTSE EMERGING MARKETS VANGUARD FTSE EMERGING MARKE 922042858 7,204 180,000 SH   SOLE   180,000 0 0
VISHAY INTERTECHNOLOGY INC COMMON STOCK USD.1 928298108 3,586 253,451 SH   SOLE   253,451 0 0
WABASH NATIONAL CORP COMMON STOCK USD.01 929566107 1,169 94,555 SH   SOLE   94,555 0 0
WABTEC CORP COMMON STOCK USD.01 929740108 3,430 39,470 SH   SOLE   39,470 0 0
WADDELL + REED FINANCIAL A COMMON STOCK USD.01 930059100 2,267 45,508 SH   SOLE   45,508 0 0
WAL MART STORES INC COMMON STOCK USD.1 931142103 7,700 89,662 SH   SOLE   89,662 0 0
WEBSTER FINANCIAL CORP COMMON STOCK USD.01 947890109 4,534 139,383 SH   SOLE   139,383 0 0
WELLS FARGO + CO COMMON STOCK USD1.666 949746101 16,757 305,664 SH   SOLE   305,664 0 0
WESTERN DIGITAL CORP COMMON STOCK USD.01 958102105 24,606 222,275 SH   SOLE   222,275 0 0
WESTERN REFINING INC COMMON STOCK USD.01 959319104 2,033 53,824 SH   SOLE   53,824 0 0
WHIRLPOOL CORP COMMON STOCK USD1. 963320106 1,421 7,336 SH   SOLE   7,336 0 0
WHITESTONE REIT REIT USD.001 966084204 1,016 67,220 SH   SOLE   67,220 0 0
WORLD ACCEPTANCE CORP COMMON STOCK NPV 981419104 1,827 23,000 SH   SOLE   23,000 0 0
WORLD FUEL SERVICES CORP COMMON STOCK USD.01 981475106 3,971 84,610 SH   SOLE   84,610 0 0
WORTHINGTON INDUSTRIES COMMON STOCK NPV 981811102 3,493 116,093 SH   SOLE   116,093 0 0
XEROX CORP COMMON STOCK USD1.0 984121103 2,733 197,153 SH   SOLE   197,153 0 0
PETROCHINA CO LTD ADR ADR 71646E100 781 7,036 SH   SOLE   7,036 0 0
VERISIGN INC COMMON STOCK USD.001 92343E102 7,970 139,822 SH   SOLE   139,822 0 0
AMERISOURCEBERGEN CORP COMMON STOCK USD.01 03073E105 3,069 34,038 SH   SOLE   34,038 0 0
TARGET CORP COMMON STOCK USD.0833 87612E106 1,237 16,302 SH   SOLE   16,302 0 0
EDWARDS LIFESCIENCES CORP COMMON STOCK USD1. 28176E108 4,153 32,604 SH   SOLE   32,604 0 0
NAVISTAR INTERNATIONAL CORP COMMON STOCK USD.1 63934E108 27,103 809,527 SH   SOLE   809,527 0 0
DR PEPPER SNAPPLE GROUP INC COMMON STOCK USD.01 26138E109 5,770 80,492 SH   SOLE   80,492 0 0
TRAVELERS COS INC/THE COMMON STOCK NPV 89417E109 8,597 81,222 SH   SOLE   81,222 0 0
ADT CORP/THE COMMON STOCK USD.01 00101J106 6,091 168,115 SH   SOLE   168,115 0 0
AES CORP COMMON STOCK USD.01 00130H105 7,535 547,220 SH   SOLE   547,220 0 0
AMAG PHARMACEUTICALS INC COMMON STOCK USD.01 00163U106 2,602 61,033 SH   SOLE   61,033 0 0
AMAG PHARMACEUTICALS INC COMMON STOCK USD.01 00163U106 542 12,728 SH   SOLE   0 0 12,728
ANI PHARMACEUTICALS INC COMMON STOCK USD.0001 00182C103 526 9,330 SH   SOLE   9,330 0 0
AT+T INC COMMON STOCK USD1. 00206R102 4,483 133,473 SH   SOLE   133,473 0 0
ACORDA THERAPEUTICS INC COMMON STOCK USD.001 00484M106 1,298 31,764 SH   SOLE   31,764 0 0
ACTIVISION BLIZZARD INC COMMON STOCK USD.000001 00507V109 1,888 93,700 SH   SOLE   93,700 0 0
ADVANCE AUTO PARTS INC COMMON STOCK USD.0001 00751Y106 1,541 9,676 SH   SOLE   9,676 0 0
ADVANCED SEMICONDUCTOR E ADR ADR 00756M404 1,989 324,419 SH   SOLE   324,419 0 0
AECOM COMMON STOCK USD.01 00766T100 2,748 90,500 SH   SOLE   90,500 0 0
AETNA INC COMMON STOCK USD.01 00817Y108 4,706 52,982 SH   SOLE   52,982 0 0
AMBEV SA ADR ADR NPV 02319V103 184 29,603 SH   SOLE   29,603 0 0
AMERICA MOVIL SPN ADR CL L ADR NPV 02364W105 1,324 59,685 SH   SOLE   59,685 0 0
AMERICA MOVIL SPN ADR CL L ADR NPV 02364W105 41,091 1,852,609 SH   SOLE   0 0 1,852,609
AMERICAN AIRLINES GROUP INC COMMON STOCK 02376R102 49,512 923,212 SH   SOLE   923,212 0 0
AMERICAN AIRLINES GROUP INC COMMON STOCK 02376R102 1,467 27,357 SH   SOLE   0 0 27,357
AMSURG CORP COMMON STOCK NPV 03232P405 1,540 28,135 SH   SOLE   28,135 0 0
ANGIODYNAMICS INC COMMON STOCK USD.01 03475V101 423 22,250 SH   SOLE   22,250 0 0
APOLLO COMMERCIAL REAL ESTAT REIT USD.01 03762U105 1,505 92,010 SH   SOLE   92,010 0 0
ARCBEST CORP COMMON STOCK USD.01 03937C105 1,520 32,772 SH   SOLE   32,772 0 0
ARCELORMITTAL NY REGISTERED NY REG SHRS NPV 03938L104 718 65,100 SH   SOLE   65,100 0 0
ARRIS GROUP INC COMMON STOCK USD.01 04270V106 3,943 130,600 SH   SOLE   130,600 0 0
ASSURANT INC COMMON STOCK USD.01 04621X108 5,226 76,372 SH   SOLE   76,372 0 0
BPZ RESOURCES INC SR UNSECURED 03/15 6.5 055639AB4 530 1,325,000 SH   SOLE   1,325,000 0 0
BPZ RESOURCES INC SR UNSECURED 03/15 6.5 055639AB4 470 1,175,000 SH   SOLE   0 0 1,175,000
BPZ RESOURCES INC SR UNSECURED 10/17 8.5 055639AC2 1,491 4,668,000 SH   SOLE   4,668,000 0 0
BPZ RESOURCES INC SR UNSECURED 10/17 8.5 055639AC2 479 1,500,000 SH   SOLE   0 0 1,500,000
BANCOLOMBIA S.A. SPONS ADR ADR 05968L102 19,839 414,360 SH   SOLE   414,360 0 0
BANCOLOMBIA S.A. SPONS ADR ADR 05968L102 22,131 462,209 SH   SOLE   0 0 462,209
BANKRATE INC COMMON STOCK USD.01 06647F102 335 26,980 SH   SOLE   26,980 0 0
BASIC ENERGY SERVICES INC COMMON STOCK USD.01 06985P100 551 78,650 SH   SOLE   78,650 0 0
BIOGEN IDEC INC COMMON STOCK USD.0005 09062X103 2,487 7,326 SH   SOLE   7,326 0 0
CAI INTERNATIONAL INC COMMON STOCK USD.0001 12477X106 957 41,249 SH   SOLE   41,249 0 0
CDW CORP/DE COMMON STOCK USD.01 12514G108 774 22,000 SH   SOLE   22,000 0 0
CVR ENERGY INC COMMON STOCK USD.01 12662P108 333 8,600 SH   SOLE   8,600 0 0
CAPITAL ONE FINANCIAL CORP COMMON STOCK USD.01 14040H105 42,573 515,724 SH   SOLE   515,724 0 0
CARDINAL HEALTH INC COMMON STOCK NPV 14149Y108 2,274 28,173 SH   SOLE   28,173 0 0
CELESTICA INC COMMON STOCK NPV 15101Q108 1,531 130,406 SH   SOLE   130,406 0 0
CELLDEX THERAPEUTICS INC COMMON STOCK USD.001 15117B103 434 23,802 SH   SOLE   23,802 0 0
CENOVUS ENERGY INC COMMON STOCK NPV 15135U109 14,020 679,902 SH   SOLE   679,902 0 0
CENTRUS ENERGY CORP CLASS A COMMON STOCK USD.1 15643U104 875 203,621 SH   SOLE   203,621 0 0
CENTRUS ENERGY CORP CLASS A COMMON STOCK USD.1 15643U104 306 71,136 SH   SOLE   0 0 71,136
CHINA MOBILE LTD SPON ADR ADR 16941M109 1,607 27,320 SH   SOLE   27,320 0 0
CHIQUITA BRANDS INTL SR UNSECURED 08/16 4.25 170032AT3 1,209 1,210,000 SH   SOLE   1,210,000 0 0
CISCO SYSTEMS INC COMMON STOCK USD.001 17275R102 65,603 2,358,542 SH   SOLE   2,358,542 0 0
COCA COLA ENTERPRISES COMMON STOCK USD.01 19122T109 4,714 106,600 SH   SOLE   106,600 0 0
COMCAST CORP CLASS A COMMON STOCK USD.01 20030N101 54,484 939,220 SH   SOLE   939,220 0 0
ATLANTICUS HOLDINGS CORP SR UNSECURED 11/35 5.875 20478NAD2 818 2,000,000 SH   SOLE   2,000,000 0 0
CONOCOPHILLIPS COMMON STOCK USD.01 20825C104 5,629 81,510 SH   SOLE   81,510 0 0
COOPER STANDARD HOLDING COMMON STOCK USD.001 21676P103 131 2,259 SH   SOLE   2,259 0 0
CORRECTIONS CORP OF AMERICA REIT USD.01 22025Y407 2,299 63,276 SH   SOLE   63,276 0 0
COSTCO WHOLESALE CORP COMMON STOCK USD.005 22160K105 1,877 13,245 SH   SOLE   13,245 0 0
CRACKER BARREL OLD COUNTRY COMMON STOCK USD.01 22410J106 2,177 15,468 SH   SOLE   15,468 0 0
CYBERONICS INC COMMON STOCK USD.01 23251P102 1,146 20,587 SH   SOLE   20,587 0 0
DR HORTON INC COMMON STOCK USD.01 23331A109 4,436 175,396 SH   SOLE   175,396 0 0
DSW INC CLASS A COMMON STOCK NPV 23334L102 2,217 59,440 SH   SOLE   59,440 0 0
DAVITA HEALTHCARE PARTNERS I COMMON STOCK USD.001 23918K108 1,543 20,378 SH   SOLE   20,378 0 0
DIRECTV COMMON STOCK USD.01 25490A309 5,565 64,189 SH   SOLE   64,189 0 0
DOMINION RESOURCES INC/VA COMMON STOCK NPV 25746U109 3,526 45,850 SH   SOLE   45,850 0 0
DUKE ENERGY CORP COMMON STOCK USD.001 26441C204 3,915 46,869 SH   SOLE   46,869 0 0
DUPONT FABROS TECHNOLOGY REIT USD.001 26613Q106 6,835 205,615 SH   SOLE   205,615 0 0
DYNEGY INC COMMON STOCK USD.01 26817R108 6,410 211,192 SH   SOLE   211,192 0 0
EPR PROPERTIES REIT USD.01 26884U109 3,174 55,084 SH   SOLE   55,084 0 0
EAST WEST BANCORP INC COMMON STOCK USD.001 27579R104 5,582 144,200 SH   SOLE   144,200 0 0
EMBRAER SA SPON ADR ADR 29082A107 825 22,383 SH   SOLE   22,383 0 0
EMERGENT BIOSOLUTIONS INC COMMON STOCK USD.001 29089Q105 672 24,661 SH   SOLE   24,661 0 0
ENDOCYTE INC COMMON STOCK 29269A102 454 72,204 SH   SOLE   72,204 0 0
ENERSYS COMMON STOCK USD.01 29275Y102 8,225 133,259 SH   SOLE   133,259 0 0
ENTEGRIS INC COMMON STOCK USD.01 29362U104 2,584 195,619 SH   SOLE   195,619 0 0
ENTERGY CORP COMMON STOCK USD.01 29364G103 8,747 99,993 SH   SOLE   99,993 0 0
EPIZYME INC COMMON STOCK USD.0001 29428V104 271 14,366 SH   SOLE   14,366 0 0
EQUINIX INC COMMON STOCK USD.001 29444U502 835 3,682 SH   SOLE   3,682 0 0
EXELON CORP COMMON STOCK NPV 30161N101 573 15,461 SH   SOLE   15,461 0 0
EXPEDIA INC COMMON STOCK USD.001 30212P303 4,783 56,038 SH   SOLE   56,038 0 0
EXPRESS SCRIPTS HOLDING CO COMMON STOCK USD.01 30219G108 36,413 430,058 SH   SOLE   430,058 0 0
EXTRA SPACE STORAGE INC REIT USD.01 30225T102 4,194 71,518 SH   SOLE   71,518 0 0
EXXON MOBIL CORP COMMON STOCK NPV 30231G102 25,130 271,825 SH   SOLE   271,825 0 0
FACEBOOK INC A COMMON STOCK USD.000006 30303M102 5,524 70,806 SH   SOLE   70,806 0 0
FEDEX CORP COMMON STOCK USD.1 31428X106 7,962 45,850 SH   SOLE   45,850 0 0
FIDELITY NATIONAL INFORMATIO COMMON STOCK USD.01 31620M106 4,011 64,491 SH   SOLE   64,491 0 0
FIRST COMMUNITY BANCSHARES COMMON STOCK USD1. 31983A103 468 28,409 SH   SOLE   28,409 0 0
FIRST DEFIANCE FINL CORP COMMON STOCK USD.01 32006W106 413 12,118 SH   SOLE   12,118 0 0
FOSSIL GROUP INC COMMON STOCK USD.01 34988V106 5,369 48,481 SH   SOLE   48,481 0 0
FREEPORT MCMORAN INC COMMON STOCK USD.1 35671D857 3,118 133,473 SH   SOLE   133,473 0 0
FUTUREFUEL CORP COMMON STOCK USD.0001 36116M106 1,497 114,980 SH   SOLE   114,980 0 0
GNC HOLDINGS INC CL A COMMON STOCK USD.001 36191G107 1,108 23,600 SH   SOLE   23,600 0 0
GAMESTOP CORP CLASS A COMMON STOCK USD.001 36467W109 1,687 49,925 SH   SOLE   49,925 0 0
GENERAL MOTORS CO COMMON STOCK USD.01 37045V100 11,937 341,956 SH   SOLE   341,956 0 0
GENERAL MOTORS CO COMMON STOCK USD.01 37045V100 3 79 SH   SOLE   0 0 79
GENERAL MOTORS CO WTS CALL EXP 10JUL16 37045V118 4,022 159,230 SH   SOLE   159,230 0 0
GENERAL MOTORS CO WTS CALL EXP 10JUL16 37045V118 2 70 SH   SOLE   0 0 70
GENERAL MOTORS CO WTS CALL EXP 10JUL19 37045V126 3,085 180,110 SH   SOLE   180,110 0 0
GENERAL MOTORS CO WTS CALL EXP 10JUL19 37045V126 1 70 SH   SOLE   0 0 70
GEOSPACE TECHNOLOGIES CORP COMMON STOCK USD.01 37364X109 882 33,297 SH   SOLE   33,297 0 0
GOLDMAN SACHS GROUP INC COMMON STOCK USD.01 38141G104 33,189 171,227 SH   SOLE   171,227 0 0
GOOGLE INC CL A COMMON STOCK USD.001 38259P508 4,542 8,559 SH   SOLE   8,559 0 0
GOOGLE INC CL C COMMON STOCK USD.001 38259P706 4,076 7,743 SH   SOLE   7,743 0 0
GOVERNMENT PROPERTIES INCOME REIT USD.01 38376A103 5,166 224,532 SH   SOLE   224,532 0 0
HCA HOLDINGS INC COMMON STOCK USD.01 40412C101 23,799 324,279 SH   SOLE   324,279 0 0
HALYARD HEALTH INC COMMON STOCK USD.01 40650V100 48 1,062 SH   SOLE   1,062 0 0
HANGER INC COMMON STOCK USD.01 41043F208 1,309 59,780 SH   SOLE   59,780 0 0
HARBINGER GROUP INC COMMON STOCK USD.01 41146A106 4,054 286,300 SH   SOLE   286,300 0 0
HEALTH CARE REIT INC REIT USD1. 42217K106 1,317 17,400 SH   SOLE   17,400 0 0
HEARTLAND PAYMENT SYSTEMS IN COMMON STOCK USD.001 42235N108 2,480 45,962 SH   SOLE   45,962 0 0
HERITAGE INSURANCE HOLDINGS COMMON STOCK USD.0001 42727J102 488 25,100 SH   SOLE   25,100 0 0
HESS CORP COMMON STOCK USD1. 42809H107 2,106 28,529 SH   SOLE   28,529 0 0
HOSPITALITY PROPERTIES TRUST REIT USD.01 44106M102 8,927 287,971 SH   SOLE   287,971 0 0
HUTCHINSON TECHNOLOGY SR UNSECURED 01/26 8.5 448407AG1 2,000 2,000,000 SH   SOLE   2,000,000 0 0
IMS HEALTH HOLDINGS INC COMMON STOCK USD.01 44970B109 976 38,073 SH   SOLE   38,073 0 0
IPC HEALTHCARE INC COMMON STOCK USD.001 44984A105 911 19,860 SH   SOLE   19,860 0 0
ICICI BANK LTD SPON ADR ADR 45104G104 5,827 504,542 SH   SOLE   504,542 0 0
ICICI BANK LTD SPON ADR ADR 45104G104 14,259 1,234,515 SH   SOLE   0 0 1,234,515
IMPAX LABORATORIES INC COMMON STOCK USD.01 45256B101 2,553 80,590 SH   SOLE   80,590 0 0
INFORMATICA CORP COMMON STOCK USD.001 45666Q102 3,260 85,498 SH   SOLE   85,498 0 0
INSIGHT ENTERPRISES INC COMMON STOCK USD.01 45765U103 1,668 64,413 SH   SOLE   64,413 0 0
INSYS THERAPEUTICS INC COMMON STOCK USD.0002145 45824V209 1,217 28,869 SH   SOLE   28,869 0 0
INTERCONTINENTAL EXCHANGE IN COMMON STOCK USD.01 45866F104 104 473 SH   SOLE   473 0 0
INTERDIGITAL INC COMMON STOCK USD.01 45867G101 952 17,988 SH   SOLE   17,988 0 0
INTERSECT ENT INC COMMON STOCK USD.001 46071F103 419 22,570 SH   SOLE   22,570 0 0
INTERVAL LEISURE GROUP COMMON STOCK USD.01 46113M108 1,926 92,180 SH   SOLE   92,180 0 0
ISHARES MSCI INDIA ETF ISHARES MSCI INDIA ETF 46429B598 510 16,958 SH   SOLE   16,958 0 0
ISHARES MSCI POLAND CAPPED ETF ISHARES MSCI POLAND CAPPED E 46429B606 1,290 53,580 SH   SOLE   53,580 0 0
ISHARES MSCI CHINA ETF ISHARES MSCI CHINA ETF 46429B671 365 7,260 SH   SOLE   7,260 0 0
ISHARES MSCI RUSSIA CAPPED ETF ISHARES MSCI RUSSIA CAPPED E 46429B705 1,202 104,789 SH   SOLE   104,789 0 0
JPMORGAN CHASE + CO COMMON STOCK USD1.0 46625H100 67,431 1,077,512 SH   SOLE   1,077,512 0 0
JONES LANG LASALLE INC COMMON STOCK USD.01 48020Q107 10,282 68,578 SH   SOLE   68,578 0 0
J2 GLOBAL INC COMMON STOCK USD.01 48123V102 3,055 49,276 SH   SOLE   49,276 0 0
JUNIPER NETWORKS INC COMMON STOCK USD.00001 48203R104 1,774 79,473 SH   SOLE   79,473 0 0
K12 INC COMMON STOCK USD.0001 48273U102 303 25,540 SH   SOLE   25,540 0 0
KADANT INC COMMON STOCK USD.01 48282T104 1,459 34,170 SH   SOLE   34,170 0 0
KIMCO REALTY CORP REIT USD.01 49446R109 1,834 72,967 SH   SOLE   72,967 0 0
KRAFT FOODS GROUP INC COMMON STOCK 50076Q106 25,890 413,175 SH   SOLE   413,175 0 0
KRATON PERFORMANCE POLYMERS COMMON STOCK USD.01 50077C106 1,075 51,700 SH   SOLE   51,700 0 0
LG DISPLAY CO LTD ADR ADR 50186V102 381 25,175 SH   SOLE   25,175 0 0
LEVEL 3 COMMUNICATIONS INC COMMON STOCK USD.01 52729N308 13,186 267,022 SH   SOLE   267,022 0 0
LIGAND PHARMACEUTICALS COMMON STOCK USD.001 53220K504 607 11,400 SH   SOLE   11,400 0 0
MB FINANCIAL INC COMMON STOCK USD.01 55264U108 1,395 42,453 SH   SOLE   42,453 0 0
M/I HOMES INC COMMON STOCK USD.01 55305B101 550 23,950 SH   SOLE   23,950 0 0
MKS INSTRUMENTS INC COMMON STOCK NPV 55306N104 6,909 188,766 SH   SOLE   188,766 0 0
MRC GLOBAL INC COMMON STOCK USD.01 55345K103 4,246 280,253 SH   SOLE   280,253 0 0
MACY S INC COMMON STOCK USD.01 55616P104 44,654 679,141 SH   SOLE   679,141 0 0
MANNING + NAPIER INC COMMON STOCK USD.01 56382Q102 1,224 88,602 SH   SOLE   88,602 0 0
MANNKIND CORP SR UNSECURED 08/15 5.75 56400PAC6 2,816 2,655,000 SH   SOLE   2,655,000 0 0
MANNKIND CORP SR UNSECURED 08/15 5.75 56400PAC6 2,413 2,275,000 SH   SOLE   0 0 2,275,000
MANPOWERGROUP INC COMMON STOCK USD.01 56418H100 3,753 55,055 SH   SOLE   55,055 0 0
MARRIOTT VACATIONS WORLD COMMON STOCK USD.01 57164Y107 8,531 114,454 SH   SOLE   114,454 0 0
MASTERCARD INC CLASS A COMMON STOCK USD.0001 57636Q104 966 11,208 SH   SOLE   11,208 0 0
MATSON INC COMMON STOCK NPV 57686G105 1,887 54,671 SH   SOLE   54,671 0 0
MEDNAX INC COMMON STOCK USD.01 58502B106 4,791 72,470 SH   SOLE   72,470 0 0
MERCK + CO. INC. COMMON STOCK USD.5 58933Y105 55,897 984,273 SH   SOLE   984,273 0 0
MERITOR INC COMMON STOCK USD1. 59001K100 1,192 78,700 SH   SOLE   78,700 0 0
METLIFE INC COMMON STOCK USD.01 59156R108 44,331 819,584 SH   SOLE   819,584 0 0
MOLSON COORS BREWING CO B COMMON STOCK USD.01 60871R209 3,212 43,098 SH   SOLE   43,098 0 0
MOSAIC CO/THE COMMON STOCK USD.01 61945C103 18,162 397,847 SH   SOLE   397,847 0 0
NETAPP INC COMMON STOCK USD.001 64110D104 25,046 604,255 SH   SOLE   604,255 0 0
NETGEAR INC COMMON STOCK USD.001 64111Q104 2,671 75,075 SH   SOLE   75,075 0 0
NEUROCRINE BIOSCIENCES INC COMMON STOCK USD.001 64125C109 514 23,030 SH   SOLE   23,030 0 0
NEXTERA ENERGY INC COMMON STOCK USD.01 65339F101 2,942 27,676 SH   SOLE   27,676 0 0
NISOURCE INC COMMON STOCK USD.01 65473P105 389 9,170 SH   SOLE   9,170 0 0
OMEGA PROTEIN CORP COMMON STOCK USD.01 68210P107 1,634 154,626 SH   SOLE   154,626 0 0
OPKO HEALTH INC COMMON STOCK USD.01 68375N103 680 68,060 SH   SOLE   68,060 0 0
ORACLE CORP COMMON STOCK USD.01 68389X105 69,801 1,552,177 SH   SOLE   1,552,177 0 0
ORASURE TECHNOLOGIES INC COMMON STOCK USD.000001 68554V108 1,403 138,360 SH   SOLE   138,360 0 0
PC CONNECTION INC COMMON STOCK USD.01 69318J100 1,099 44,774 SH   SOLE   44,774 0 0
P G + E CORP COMMON STOCK NPV 69331C108 1,970 37,003 SH   SOLE   37,003 0 0
PGT INC COMMON STOCK USD.01 69336V101 1,278 132,712 SH   SOLE   132,712 0 0
PPL CORP COMMON STOCK USD.01 69351T106 2,094 57,641 SH   SOLE   57,641 0 0
PTC INC COMMON STOCK USD.01 69370C100 2,624 71,605 SH   SOLE   71,605 0 0
PEBBLEBROOK HOTEL TRUST REIT USD.01 70509V100 3,070 67,276 SH   SOLE   67,276 0 0
PENSKE AUTOMOTIVE GROUP INC COMMON STOCK USD.0001 70959W103 2,691 54,840 SH   SOLE   54,840 0 0
PERFICIENT INC COMMON STOCK USD.001 71375U101 1,770 94,990 SH   SOLE   94,990 0 0
PILGRIM S PRIDE CORP COMMON STOCK USD.01 72147K108 4,243 129,400 SH   SOLE   129,400 0 0
PRAXAIR INC COMMON STOCK USD.01 74005P104 26,800 206,853 SH   SOLE   206,853 0 0
PROLOGIS INC REIT USD.01 74340W103 1,403 32,604 SH   SOLE   32,604 0 0
PUBLIC STORAGE REIT USD.1 74460D109 2,825 15,283 SH   SOLE   15,283 0 0
PUMA BIOTECHNOLOGY INC COMMON STOCK USD.0001 74587V107 768 4,060 SH   SOLE   4,060 0 0
QUINTILES TRANSNATIONAL HOLD COMMON STOCK USD.01 74876Y101 5,172 87,850 SH   SOLE   87,850 0 0
RLJ LODGING TRUST REIT 74965L101 3,591 107,084 SH   SOLE   107,084 0 0
RPX CORP COMMON STOCK USD.0001 74972G103 2,082 151,101 SH   SOLE   151,101 0 0
REGIONS FINANCIAL CORP COMMON STOCK USD.01 7591EP100 2,361 223,600 SH   SOLE   223,600 0 0
RETAIL OPPORTUNITY INVESTMEN REIT USD.0001 76131N101 1,907 113,593 SH   SOLE   113,593 0 0
SBA COMMUNICATIONS CORP CL A COMMON STOCK USD.01 78388J106 4,541 41,000 SH   SOLE   41,000 0 0
SL GREEN REALTY CORP REIT USD.01 78440X101 1,581 13,282 SH   SOLE   13,282 0 0
SPDR S+P 500 ETF TRUST SPDR S+P 500 ETF TRUST 78462F103 6,588 32,056 SH   SOLE   32,056 0 0
SS+C TECHNOLOGIES HOLDINGS COMMON STOCK USD.01 78467J100 4,602 78,683 SH   SOLE   78,683 0 0
CONSUMER DISCRETIONARY SELECT CONSUMER DISCRETIONARY SELT 81369Y407 5,051 70,010 SH   SOLE   70,010 0 0
SHIRE PLC ADR ADR 82481R106 1,301 6,120 SH   SOLE   6,120 0 0
SKYWORKS SOLUTIONS INC COMMON STOCK USD.25 83088M102 13,152 180,878 SH   SOLE   180,878 0 0
SOLARWINDS INC COMMON STOCK USD.001 83416B109 3,132 62,859 SH   SOLE   62,859 0 0
SOLARCITY CORP COMMON STOCK USD.0001 83416T100 578 10,800 SH   SOLE   10,800 0 0
SOUTHERN COPPER CORP COMMON STOCK USD.01 84265V105 34,545 1,224,991 SH   SOLE   1,224,991 0 0
SOUTHERN COPPER CORP COMMON STOCK USD.01 84265V105 37,536 1,331,077 SH   SOLE   0 0 1,331,077
SOVRAN SELF STORAGE INC REIT USD.01 84610H108 1,999 22,917 SH   SOLE   22,917 0 0
STARZ A COMMON STOCK USD.01 85571Q102 7,211 242,790 SH   SOLE   242,790 0 0
STEMLINE THERAPEUTICS INC COMMON STOCK USD.0001 85858C107 392 22,980 SH   SOLE   22,980 0 0
SWIFT TRANSPORTATION CO COMMON STOCK USD.001 87074U101 2,510 87,680 SH   SOLE   87,680 0 0
SYNAGEVA BIOPHARMA CORP COMMON STOCK USD.001 87159A103 776 8,360 SH   SOLE   8,360 0 0
SYNNEX CORP COMMON STOCK USD.001 87162W100 5,848 74,815 SH   SOLE   74,815 0 0
TETRAPHASE PHARMACEUTICALS I COMMON STOCK USD.001 88165N105 569 14,325 SH   SOLE   14,325 0 0
3M CO COMMON STOCK USD.01 88579Y101 6,362 38,717 SH   SOLE   38,717 0 0
TIME WARNER CABLE COMMON STOCK USD.01 88732J207 2,525 16,608 SH   SOLE   16,608 0 0
TREEHOUSE FOODS INC COMMON STOCK USD.01 89469A104 2,042 23,880 SH   SOLE   23,880 0 0
US CONCRETE INC COMMON STOCK USD.001 90333L201 9,436 331,668 SH   SOLE   331,668 0 0
ULTRA CLEAN HOLDINGS INC COMMON STOCK USD.001 90385V107 1,079 116,258 SH   SOLE   116,258 0 0
UNITED THERAPEUTICS CORP COMMON STOCK USD.01 91307C102 5,146 39,738 SH   SOLE   39,738 0 0
UNITEDHEALTH GROUP INC COMMON STOCK USD.01 91324P102 5,068 50,129 SH   SOLE   50,129 0 0
UNUM GROUP COMMON STOCK USD.1 91529Y106 1,350 38,717 SH   SOLE   38,717 0 0
VOXX INTERNATIONAL CORP COMMON STOCK USD.01 91829F104 675 77,107 SH   SOLE   77,107 0 0
VALERO ENERGY CORP COMMON STOCK USD.01 91913Y100 7,590 153,338 SH   SOLE   153,338 0 0
VENTAS INC REIT USD.25 92276F100 731 10,189 SH   SOLE   10,189 0 0
VERIZON COMMUNICATIONS INC COMMON STOCK USD.1 92343V104 51,231 1,095,146 SH   SOLE   1,095,146 0 0
VERINT SYSTEMS INC COMMON STOCK USD.001 92343X100 2,992 51,345 SH   SOLE   51,345 0 0
VIACOM INC CLASS B COMMON STOCK USD.001 92553P201 23,023 305,959 SH   SOLE   305,959 0 0
VISA INC CLASS A SHARES COMMON STOCK USD.0001 92826C839 5,076 19,359 SH   SOLE   19,359 0 0
VIRTUS INVESTMENT PARTNERS COMMON STOCK USD.01 92828Q109 1,106 6,490 SH   SOLE   6,490 0 0
VODAFONE GROUP PLC SP ADR ADR 92857W308 1,166 34,114 SH   SOLE   34,114 0 0
WABCO HOLDINGS INC COMMON STOCK USD.01 92927K102 871 8,311 SH   SOLE   8,311 0 0
WALKER + DUNLOP INC COMMON STOCK 93148P102 1,620 92,346 SH   SOLE   92,346 0 0
WASTE MANAGEMENT INC COMMON STOCK USD.01 94106L109 1,307 25,472 SH   SOLE   25,472 0 0
WEB.COM GROUP INC COMMON STOCK USD.001 94733A104 637 33,570 SH   SOLE   33,570 0 0
WESCO INTERNATIONAL INC COMMON STOCK USD.01 95082P105 2,355 30,900 SH   SOLE   30,900 0 0
WINTRUST FINANCIAL CORP COMMON STOCK NPV 97650W108 4,420 94,520 SH   SOLE   94,520 0 0
WISDOMTREE INVESTMENTS INC COMMON STOCK USD.01 97717P104 2,100 133,952 SH   SOLE   133,952 0 0
WYNDHAM WORLDWIDE CORP COMMON STOCK USD.01 98310W108 11,634 135,660 SH   SOLE   135,660 0 0
ZIMMER HOLDINGS INC COMMON STOCK USD.01 98956P102 691 6,093 SH   SOLE   6,093 0 0
ACTAVIS PLC COMMON STOCK USD.0033 G0083B108 724 2,811 SH   SOLE   2,811 0 0
AIRCASTLE LTD COMMON STOCK USD.01 G0129K104 2,351 110,022 SH   SOLE   110,022 0 0
ASPEN INSURANCE HOLDINGS LTD COMMON STOCK USD.001514456 G05384105 5,218 119,210 SH   SOLE   119,210 0 0
CHIPMOS TECHNOLOGIES BERMUDA COMMON STOCK USD.01 G2110R114 675 28,927 SH   SOLE   28,927 0 0
COVIDIEN PLC COMMON STOCK USD.2 G2554F113 1,367 13,361 SH   SOLE   13,361 0 0
DELPHI AUTOMOTIVE PLC COMMON STOCK USD.01 G27823106 10,289 141,486 SH   SOLE   141,486 0 0
ENDO INTERNATIONAL PLC COMMON STOCK USD.0001 G30401106 4,004 55,515 SH   SOLE   55,515 0 0
ENSCO PLC CL A COMMON STOCK USD.1 G3157S106 5,413 180,743 SH   SOLE   180,743 0 0
ESSENT GROUP LTD COMMON STOCK USD.015 G3198U102 6,966 270,936 SH   SOLE   270,936 0 0
EVEREST RE GROUP LTD COMMON STOCK USD.01 G3223R108 6,023 35,365 SH   SOLE   35,365 0 0
FRESH DEL MONTE PRODUCE W/D COMMON STOCK USD.01 G36738105 2,070 61,704 SH   SOLE   61,704 0 0
HERBALIFE LTD COMMON STOCK USD.002 G4412G101 746 19,800 SH   SOLE   19,800 0 0
INGERSOLL RAND PLC COMMON STOCK USD1. G47791101 253 3,988 SH   SOLE   3,988 0 0
JAZZ PHARMACEUTICALS PLC COMMON STOCK USD.0001 G50871105 3,699 22,590 SH   SOLE   22,590 0 0
MARVELL TECHNOLOGY GROUP LTD COMMON STOCK USD.002 G5876H105 3,819 263,373 SH   SOLE   263,373 0 0
MICHAEL KORS HOLDINGS LTD COMMON STOCK NPV G60754101 2,193 29,200 SH   SOLE   29,200 0 0
NABORS INDUSTRIES LTD COMMON STOCK USD.001 G6359F103 3,174 244,531 SH   SOLE   244,531 0 0
HOME LOAN SERVICING SOLUTION COMMON STOCK G6648D109 3,375 172,883 SH   SOLE   172,883 0 0
PARTNERRE LTD COMMON STOCK USD1. G6852T105 4,053 35,510 SH   SOLE   35,510 0 0
THIRD POINT REINSURANCE LTD COMMON STOCK USD.1 G8827U100 1,711 118,072 SH   SOLE   118,072 0 0
VALIDUS HOLDINGS LTD COMMON STOCK USD.175 G9319H102 4,206 101,198 SH   SOLE   101,198 0 0
XL GROUP PLC COMMON STOCK USD.01 G98290102 4,087 118,900 SH   SOLE   118,900 0 0
ACE LTD COMMON STOCK CHF24.77 H0023R105 3,511 30,566 SH   SOLE   30,566 0 0
AVG TECHNOLOGIES COMMON STOCK EUR.01 N07831105 1,411 71,487 SH   SOLE   71,487 0 0
LYONDELLBASELL INDU CL A COMMON STOCK N53745100 8,007 100,853 SH   SOLE   100,853 0 0
COPA HOLDINGS SA CLASS A COMMON STOCK NPV P31076105 18,837 181,754 SH   SOLE   181,754 0 0
COPA HOLDINGS SA CLASS A COMMON STOCK NPV P31076105 29,361 283,299 SH   SOLE   0 0 283,299
STEINER LEISURE LTD COMMON STOCK USD.01 P8744Y102 1,035 22,400 SH   SOLE   22,400 0 0