[ARTICLE] 6
[CIK] 0000875186
[NAME] CONSULTING GROUP CAPITAL MARKETS INVESTMENTS
[SERIES]
   [NUMBER] 6
   [NAME] BALANCED INVESTMENTS
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          AUG-31-1998
[PERIOD-END]                               AUG-31-1998
[INVESTMENTS-AT-COST]                       66,106,601
[INVESTMENTS-AT-VALUE]                      38,216,064
[RECEIVABLES]                                  452,944
[ASSETS-OTHER]                                       0
[OTHER-ITEMS-ASSETS]                        12,398,276
[TOTAL-ASSETS]                              81,067,284
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                   12,597,373
[TOTAL-LIABILITIES]                         12,597,373
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                    59,595,305
[SHARES-COMMON-STOCK]                        6,299,666
[SHARES-COMMON-PRIOR]                        7,476,865
[ACCUMULATED-NII-CURRENT]                      531,699
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                      6,233,444
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                     2,109,463
[NET-ASSETS]                                68,469,911
[DIVIDEND-INCOME]                            1,122,450
[INTEREST-INCOME]                            1,344,823
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 843,979
[NET-INVESTMENT-INCOME]                      1,623,294
[REALIZED-GAINS-CURRENT]                     6,248,631
[APPREC-INCREASE-CURRENT]                  (8,745,235)
[NET-CHANGE-FROM-OPS]                        (873,310)
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                    2,039,123
[DISTRIBUTIONS-OF-GAINS]                     4,410,524
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                      2,452,497
[NUMBER-OF-SHARES-REDEEMED]                  4,163,618
[SHARES-REINVESTED]                            533,922
[NET-CHANGE-IN-ASSETS]                    (21,319,305)
[ACCUMULATED-NII-PRIOR]                        940,268
[ACCUMULATED-GAINS-PRIOR]                    4,402,601
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          506,736
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                843,979
[AVERAGE-NET-ASSETS]                        84,398,004
[PER-SHARE-NAV-BEGIN]                            12.01
[PER-SHARE-NII]                                  00.26
[PER-SHARE-GAIN-APPREC]                         (0.53)
[PER-SHARE-DIVIDEND]                             00.30
[PER-SHARE-DISTRIBUTIONS]                        00.57
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              10.87
[EXPENSE-RATIO]                                  01.00
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>