NEW ENGLAND FUNDS MANAGEMENT LP
13F-NT, 1999-05-10
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Form 13F Cover Page

Report for the Calendar Year or Quarter Ended  March 31, 1999

Check here if Amendment  

Amendment Number

This Amendment Check only one.

	is a restatement.
	adds new holdings entries.

Institutional Investment Manager Filing this Report

Name    New England Funds Management, L.P.
Address	399 Boylston Street
	Boston, MA  02116

Form 13F File Number  28-5788

The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all information
contained herein is true, correct and complete, and that it is
understood that all required items, statements, schedules, lists,
and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager

Name   John E. Pelletier
Title  Managing Director, Senior Vice President, General Counsel, 
       Secretary and Clerk
Phone  617-578-1132

Signature, Place, and Date of Signing


Signature

Boston, MA                           
City, State

May 10, 1999
Date


Report Type Check only one

13F HOLDINGS REPORT.  Check here if all holdings of this
reporting manager are reported in this report.

X 13F NOTICE.  Check here if no holdings reported are in
this report, and all holdings are reported by other reporting 
mangers.
 
13F COMBINATION REPORT.  Check here if a portion
of the holdings for this reporting manager are reported in this
report and a portion are reported by other reporting managers.

List of Other Managers Reporting for this Manager

Name				    13F File Number
Back Bay Advisors, L.P.			28-2619
Founders Asset Management, Inc.		28-00620
Harris Associates, L.P.			28-2013
Janus Capital Corporation		28-1343
Jurika and Voyles, L.P.			28-2899
Loomis, Sayles and Company, L.P.	28-398
Montgomery Asset Management, L.P.	28-6764
RS Investment Management, L.P.		28-5452
Westpeak Investment Advisors, L.P.	28-4372


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