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
Air Products and Chemicals COM 009158106 922 6,700 SH   SOLE   6,700 0 0
Alexion Pharmaceuticals, Inc. COM 015351109 2,549 14,100 SH   SOLE   14,100 0 0
Amazon.com, Inc. COM 023135106 543 1,250 SH   SOLE   1,250 0 0
Amgen, Inc. COM 031162100 1,520 9,900 SH   SOLE   9,900 0 0
Amphenol Corp. COM 032095101 2,748 47,300 SH   SOLE   47,300 0 0
Anthem Inc COM 036752103 1,748 10,650 SH   SOLE   10,650 0 0
Apple Computer, Inc. COM 037833100 6,733 53,685 SH   SOLE   53,685 0 0
Avago Technologies, Ltd. COM Y0486S104 80 600 SH   SOLE   600 0 0
Baidu, Inc. ADR 056752108 251 1,260 SH   SOLE   1,260 0 0
Biogen Idec, Inc. COM 09062X103 2,565 6,350 SH   SOLE   6,350 0 0
Blackstone Group LP UNIT COM 09253U108 4,841 118,450 SH   SOLE   118,450 0 0
Celgene Corporation COM 151020104 1,337 11,550 SH   SOLE   11,550 0 0
Cognizant Technology Solutions COM 192446102 2,211 36,200 SH   SOLE   36,200 0 0
Credicorp Limited COM G2519Y108 222 1,600 SH   SOLE   1,600 0 0
Cummins, Inc. COM 231021106 2,903 22,125 SH   SOLE   22,125 0 0
CVS Caremark Corp. COM 126650100 1,911 18,225 SH   SOLE   18,225 0 0
Expedia Inc COM 30212P303 2,613 23,900 SH   SOLE   23,900 0 0
Facebook, Inc. COM 30303M102 4,035 47,050 SH   SOLE   47,050 0 0
Fiserv, Inc. COM 337738108 1,416 17,100 SH   SOLE   17,100 0 0
Fomento Economico Mex-SP ADR ADR 344419106 241 2,700 SH   SOLE   2,700 0 0
Gilead Sciences, Inc. COM 375558103 3,407 29,100 SH   SOLE   29,100 0 0
Goldman Sachs Group, Inc. COM 38141G104 4,092 19,600 SH   SOLE   19,600 0 0
Google Inc., Class A COM 38259P508 486 900 SH   SOLE   900 0 0
Grupo Televisa S.A. ADR 40049J206 369 9,500 SH   SOLE   9,500 0 0
HDFC Bank Ltd. ADR ADR 40415F101 816 13,400 SH   SOLE   13,400 0 0
Home Depot, Inc. COM 437076102 2,842 25,570 SH   SOLE   25,570 0 0
ICON PLC COM G4705A100 108 1,600 SH   SOLE   1,600 0 0
Intercontinental Exchange, Inc COM 45866F104 1,722 7,700 SH   SOLE   7,700 0 0
iShares MSCI Asia Ex-Japan Index ETF 464288182 2,766 43,900 SH   SOLE   43,900 0 0
JD.COM Inc ADR 47215P106 1,729 50,700 SH   SOLE   50,700 0 0
JD.COM Inc ADR 47215P106 6,574 192,800 SH   DFND 1 0 192,800 0
Jumei International Holding ADR 48138L107 155 6,800 SH   SOLE   6,800 0 0
Kroger Company COM 501044101 2,110 29,100 SH   SOLE   29,100 0 0
Lam Research Corp. COM 512807108 2,686 32,900 SH   SOLE   32,900 0 0
Lockheed Martin Corporation COM 539830109 1,404 7,550 SH   SOLE   7,550 0 0
Lowe's Companies COM 548661107 2,805 41,880 SH   SOLE   41,880 0 0
Market Vectors Vietnam ETF 57060U761 2,365 126,900 SH   DFND 1 0 126,900 0
McKesson Corporation COM 58155Q103 2,104 9,350 SH   SOLE   9,350 0 0
Medtronic plc COM G5960L903 2,313 31,050 SH   SOLE   31,050 0 0
Morgan Stanley COM 617446448 3,960 102,100 SH   SOLE   102,100 0 0
Nike, Inc. Class B COM 654106103 1,706 15,750 SH   SOLE   15,750 0 0
Northrop Grumman Corp COM 666807102 2,903 18,300 SH   SOLE   18,300 0 0
NXP Semiconductor NV COM N6596X109 88 900 SH   SOLE   900 0 0
Regeneron Pharmaceuticals Inc. COM 75886F107 2,875 5,635 SH   SOLE   5,635 0 0
Roper Industries, Inc. COM 776696106 1,914 11,100 SH   SOLE   11,100 0 0
Taiwan Semiconductor ADR ADR 874039100 199 8,500 SH   SOLE   8,500 0 0
Tata Motors Ltd ADR 876568502 73 2,110 SH   SOLE   2,110 0 0
Texas Instruments, Inc. COM 882508104 2,143 41,600 SH   SOLE   41,600 0 0
The Walt Disney Company COM 254687106 2,112 18,500 SH   SOLE   18,500 0 0
Union Pacific Corp. COM 907818108 2,856 29,950 SH   SOLE   29,950 0 0
Wells Fargo Company COM 949746101 2,593 46,100 SH   SOLE   46,100 0 0