<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000875186
<NAME> CONSULTING GROUP CAPITAL MARKETS FUNDS
<SERIES>
   <NUMBER> 1
   <NAME> MULTI-STRATEGY MARKET NEUTRAL

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-2000
<PERIOD-END>                               SEP-30-1999
<INVESTMENTS-AT-COST>                       24,800,480
<INVESTMENTS-AT-VALUE>                      24,517,203
<RECEIVABLES>                               18,132,575
<ASSETS-OTHER>                                 161,928
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              42,811,706
<PAYABLE-FOR-SECURITIES>                     1,510,313
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                   17,268,504
<TOTAL-LIABILITIES>                         18,778,817
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    23,129,002
<SHARES-COMMON-STOCK>                        2,849,099
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                        (292)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        261,305
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       642,877
<NET-ASSETS>                                24,032,889
<DIVIDEND-INCOME>                               16,782
<INTEREST-INCOME>                              118,826
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 136,903
<NET-INVESTMENT-INCOME>                          (295)
<REALIZED-GAINS-CURRENT>                       261,305
<APPREC-INCREASE-CURRENT>                      642,877
<NET-CHANGE-FROM-OPS>                          903,887
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      3,340,357
<NUMBER-OF-SHARES-REDEEMED>                    491,258
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                      24,032,889
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           14,288
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                188,058
<AVERAGE-NET-ASSETS>                        18,692,777
<PER-SHARE-NAV-BEGIN>                             8.00
<PER-SHARE-NII>                                      0
<PER-SHARE-GAIN-APPREC>                           0.44
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               8.44
<EXPENSE-RATIO>                                   1.87


</TABLE>