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
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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
AIRMEDIA GROUP INC SPONSORED ADR 009411109 250 123,200 SH   SOLE NONE 123,200 0 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 1,683 6,400 SH   SOLE NONE 6,400 0 0
HALLIBURTON CO COM 406216101 23,726 467,500 SH   SOLE NONE 467,500 0 0
ISHARES MSCI BRZ CAP ETF 464286400 5,844 130,800 SH   SOLE NONE 130,800 0 0
ISHARES MSCI EMG MKT ETF 464287234 6,031 144,300 SH   SOLE NONE 144,300 0 0
KOSMOS ENERGY LTD SHS G5315B107 112 10,000 SH   SOLE NONE 10,000 0 0
NEW ORIENTAL ED & TECH GRP I SPONSORED ADR 647581107 42,264 1,341,700 SH   SOLE NONE 1,341,700 0 0
SINA CORP ORD G81477104 24,744 293,700 SH   SOLE NONE 293,700 0 0
SNAP ON INC COM 833034101 4,786 43,700 SH   SOLE NONE 43,700 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 478 27,400 SH   SOLE NONE 27,400 0 0
WUXI PHARMATECH CAYMAN INC SPONS ADR SHS 929352102 9,507 247,700 SH   SOLE NONE 247,700 0 0
YANDEX N V SHS CLASS A N97284108 51,469 1,192,783 SH   SOLE NONE 1,192,783 0 0