[ARTICLE] 6
[CIK] 0000875186
[NAME] CONSULTING GROUP CAPITAL MARKETS FUNDS
[SERIES]
   [NUMBER] 11
   [NAME] INTERNATIONAL EQUITY INVESTMENTS FUND
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          AUG-31-1998
[PERIOD-END]                               FEB-28-1998
[INVESTMENTS-AT-COST]                    1,046,244,838
[INVESTMENTS-AT-VALUE]                   1,222,083,463
[RECEIVABLES]                               23,316,833
[ASSETS-OTHER]                              70,676,374
[OTHER-ITEMS-ASSETS]                        54,962,045
[TOTAL-ASSETS]                           1,471,038,715
[PAYABLE-FOR-SECURITIES]                    25,763,809
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                   60,621,783
[TOTAL-LIABILITIES]                         86,385,592
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                 1,211,580,772
[SHARES-COMMON-STOCK]                      124,772,689
[SHARES-COMMON-PRIOR]                      106,876,628
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                      25,594,322
[ACCUMULATED-NET-GAINS]                      7,669,214
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                   190,997,459
[NET-ASSETS]                             1,384,653,123
[DIVIDEND-INCOME]                            5,336,289
[INTEREST-INCOME]                            2,380,766
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               5,503,240
[NET-INVESTMENT-INCOME]                      2,213,815
[REALIZED-GAINS-CURRENT]                     2,867,125
[APPREC-INCREASE-CURRENT]                   97,516,712
[NET-CHANGE-FROM-OPS]                      102,597,652
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                   22,022,537
[DISTRIBUTIONS-OF-GAINS]                    13,315,497
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                     68,659,246
[NUMBER-OF-SHARES-REDEEMED]                 54,216,929
[SHARES-REINVESTED]                          3,453,744
[NET-CHANGE-IN-ASSETS]                     248,208,809
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                   16,766,513
[OVERDISTRIB-NII-PRIOR]                      4,434,527
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                        3,198,410
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              5,503,240
[AVERAGE-NET-ASSETS]                     1,222,658,597
[PER-SHARE-NAV-BEGIN]                            10.63
[PER-SHARE-NII]                                  00.03
[PER-SHARE-GAIN-APPREC]                          00.73
[PER-SHARE-DIVIDEND]                             00.18
[PER-SHARE-DISTRIBUTIONS]                        00.11
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              11.10
[EXPENSE-RATIO]                                  00.90
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>