[ARTICLE] 6
[CIK] 0000875186
[NAME] CONSULTING GROUP CAPITAL MARKETS FUNDS
[SERIES]
   [NUMBER] 11
   [NAME] INTERNATIONAL EQUITY INVESTMENTS
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          AUG-31-1998
[PERIOD-END]                               AUG-31-1998
[INVESTMENTS-AT-COST]                    1,277,929,637
[INVESTMENTS-AT-VALUE]                   1,339,271,404
[RECEIVABLES]                               14,519,848
[ASSETS-OTHER]                             109,540,775
[OTHER-ITEMS-ASSETS]                        11,569,862
[TOTAL-ASSETS]                           1,474,901,889
[PAYABLE-FOR-SECURITIES]                     5,473,145
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                  138,241,972
[TOTAL-LIABILITIES]                        143,715,119
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                 1,208,941,619
[SHARES-COMMON-STOCK]                      124,469,688
[SHARES-COMMON-PRIOR]                      106,876,628
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                      11,988,354
[ACCUMULATED-NET-GAINS]                     74,079,783
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    60,153,722
[NET-ASSETS]                             1,331,186,770
[DIVIDEND-INCOME]                           21,877,666
[INTEREST-INCOME]                            6,868,302
[OTHER-INCOME]                                       0
[EXPENSES-NET]                              12,143,224
[NET-INVESTMENT-INCOME]                     28,745,968
[REALIZED-GAINS-CURRENT]                    68,494,731
[APPREC-INCREASE-CURRENT]                 (33,327,025)
[NET-CHANGE-FROM-OPS]                       51,770,450
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                   22,022,536
[DISTRIBUTIONS-OF-GAINS]                    13,315,496
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                    101,615,910
[NUMBER-OF-SHARES-REDEEMED]                 87,476,593
[SHARES-REINVESTED]                          3,453,743
[NET-CHANGE-IN-ASSETS]                     194,742,456
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                            0
[OVERDISTRIB-NII-PRIOR]                      4,434,527
[OVERDIST-NET-GAINS-PRIOR]                  16,766,513
[GROSS-ADVISORY-FEES]                        9,793,952
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                             12,143,224
[AVERAGE-NET-ASSETS]                     1,353,030,738
[PER-SHARE-NAV-BEGIN]                            10.63
[PER-SHARE-NII]                                  00.14
[PER-SHARE-GAIN-APPREC]                          00.21
[PER-SHARE-DIVIDEND]                             00.18
[PER-SHARE-DISTRIBUTIONS]                        00.11
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              10.69
[EXPENSE-RATIO]                                  00.90
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>