HANSBERGER INSTITUTIONAL SERIES
NSAR-A, 1998-09-09
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<PAGE>      PAGE  1
000 A000000 06/30/98
000 C000000 0001019766
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 HANSBERGER INSTITUTIONAL SERIES
001 B000000 811-7729
001 C000000 9545225150
002 A000000 515 EAST LAS OLAS BOULEVARD, SUITE 1300
002 B000000 FORT LAUDERDALE
002 C000000 FL
002 D010000 33301
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  2
007 C010100  1
007 C020100 INTERNATIONAL FUND
007 C030100 N
007 C010200  2
007 C020200 EMERGING MARKETS FUND
007 C030200 N
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 HANSBERGER GLOBAL INVESTORS, INC.
008 B00AA01 A
008 C00AA01 801-46059
008 D01AA01 FORT LAUDERDALE
008 D02AA01 FL
008 D03AA01 33301
010 A00AA01 CHASE GLOBAL FUNDS SERVICES COMPANY
010 C01AA01 BOSTON
010 C02AA01 MA
010 C03AA01 02108
010 C04AA01 3913
012 A00AA01 CHASE GLOBAL FUNDS SERVICES COMPANY
012 B00AA01 84-00000
012 C01AA01 BOSTON
012 C02AA01 MA
<PAGE>      PAGE  2
012 C03AA01 02108
012 C04AA01 3913
013 A00AA01 ARTHUR ANDERSEN LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02110
014 A00AA01 JM SASSOON PTE, LTD.
014 B00AA01 8-0000001
014 A00AA02 SMITH BARNEY, INC.
014 B00AA02 8-00000000
014 A00AA03 SALOMON BROS. INC.
014 B00AA03 8-00000000
014 A00AA04 DELETE
015 A00AA01 THE CHASE MANHATTAN BANK
015 B00AA01 C
015 C01AA01 BROOKLYN
015 C02AA01 NY
015 C03AA01 11245
015 E01AA01 X
015 A00AA02 THE CHASE MANHATTAN BANK
015 B00AA02 C
015 C01AA02 BROOKLYN
015 C02AA02 NY
015 C03AA02 11245
015 E04AA02 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00    4
019 C00AA00 HANSBERGER
020 A000001 MERRILL LYNCH & CO., INC.
020 B000001 13-5674085
020 C000001     82
020 A000002 AUERBACH GRAYSON
020 C000002     27
020 A000003 ABN AMRO BANK
020 B000003 13-3227945
020 C000003     26
020 A000004 CREDITANSTALT INVESTMENT
020 C000004     20
020 A000005 DEUTSCHE NATIONAL BANK CORP.
020 B000005 13-6124068
020 C000005     20
020 A000006 HSBC SECURITIES
020 C000006     19
020 A000007 WARBURG (S.G.) & CO., INC.
020 B000007 13-3340045
020 C000007     19
020 A000008 SANTANDER INVESTMENTS SECURITIES
020 C000008     16
020 A000009 CAZENOVE, INC.N CORP.
020 B000009 94-1658752
<PAGE>      PAGE  3
020 C000009     16
020 A000010 BZW SECURITIES, INC.
020 B000010 13-3551361
020 C000010     15
021  000000      502
022 A000001 FUJI BANK & TRUST
022 C000001     43912
022 D000001     35981
022 A000002 DEAN WITTER REYNOLDS, INC.
022 C000002     27034
022 D000002      4100
022 A000003 CLARKE (G.X.) & CO.
022 B000003 13-2969143
022 C000003     12318
022 D000003     17041
022 A000004 FRANKFURT SECURITIES
022 C000004      4278
022 D000004       930
022 A000005 HSBC SECURITIES BANK
022 C000005      1475
022 D000005       942
022 A000006 NOMURA
022 B000006 13-2642206
022 C000006      2138
022 D000006         0
022 A000007 FSC SECURITIES CORP.
022 B000007 58-1288674
022 C000007      1817
022 D000007         0
022 A000008 MERRILL LYNCH & CO., INC.
022 B000008 13-5674085
022 C000008      1605
022 D000008         0
022 A000009 CHASE MANHATTAN BANK
022 B000009 13-2633612
022 C000009      1124
022 D000009       440
022 A000010 DAIWA SECURITIES, INC.
022 B000010 13-5680329
022 C000010      1467
022 D000010         0
023 C000000     106719
023 D000000      61667
024  00AA00 N
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<PAGE>      PAGE  4
025 D00AA08       0
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053 B00AA00 Y
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054 C00AA00 N
054 D00AA00 N
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054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
<PAGE>      PAGE  5
054 I00AA00 N
054 J00AA00 Y
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054 L00AA00 N
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077 A000000 Y
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<PAGE>      PAGE  6
078  000000 N
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045  000100 Y
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047  000100 Y
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<PAGE>      PAGE  7
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048 I010100        0
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048 J010100        0
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048 K010100        0
048 K020100 0.000
055 A000100 N
055 B000100 N
056  000100 Y
057  000100 N
066 A000100 Y
066 B000100 N
066 C000100 Y
066 D000100 N
066 E000100 N
066 F000100 N
066 G000100 N
067  000100 N
068 A000100 N
068 B000100 Y
069  000100 N
070 A010100 Y
070 A020100 N
070 B010100 Y
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 Y
070 E020100 N
070 F010100 Y
070 F020100 N
070 G010100 Y
070 G020100 N
<PAGE>      PAGE  8
070 H010100 Y
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070 I010100 Y
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 Y
070 L010100 Y
070 L020100 Y
070 M010100 Y
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070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 Y
070 Q020100 N
070 R010100 Y
070 R020100 N
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071 D000100   11
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<PAGE>      PAGE  9
072 Z000100     2989
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074 F000100   223065
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074 V020100     0.00
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076  000100     0.00
028 A010200      2510
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<PAGE>      PAGE  10
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028 H000200         0
045  000200 Y
046  000200 N
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055 A000200 Y
055 B000200 N
<PAGE>      PAGE  11
056  000200 Y
057  000200 N
066 A000200 Y
066 B000200 N
066 C000200 Y
066 D000200 N
066 E000200 N
066 F000200 N
066 G000200 N
067  000200 N
068 A000200 N
068 B000200 Y
069  000200 N
070 A010200 Y
070 A020200 N
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 Y
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 Y
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070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
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070 P020200 N
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070 R020200 N
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071 B000200      7493
<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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074 N000200    40882
074 O000200     3289
074 P000200        0
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074 R020200        0
074 R030200        0
074 R040200      230
074 S000200        0
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074 U010200     5597
074 U020200        0
074 V010200     6.68
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074 W000200   0.0000
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074 Y000200        0
075 A000200        0
075 B000200    42910
076  000200     0.00
SIGNATURE   THOMAS A. CHRISTENSEN, JR.                   
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001019766
<NAME> HANSBERGER INSTITUTIONAL SERIES
<SERIES>
   <NUMBER> 2
   <NAME> EMERGING MARKETS FUND
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                  6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                       56,005,288
<INVESTMENTS-AT-VALUE>                      40,107,514
<RECEIVABLES>                                  201,888
<ASSETS-OTHER>                                     127
<OTHER-ITEMS-ASSETS>                           572,806
<TOTAL-ASSETS>                              40,882,335
<PAYABLE-FOR-SECURITIES>                     3,228,846
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      290,479
<TOTAL-LIABILITIES>                          3,519,325
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    57,392,940
<SHARES-COMMON-STOCK>                        5,597,402
<SHARES-COMMON-PRIOR>                        4,319,784
<ACCUMULATED-NII-CURRENT>                      246,489
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (4,386,496)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                  (15,889,923)
<NET-ASSETS>                                37,363,010
<DIVIDEND-INCOME>                              447,518
<INTEREST-INCOME>                              115,324
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (321,087)
<NET-INVESTMENT-INCOME>                        241,755
<REALIZED-GAINS-CURRENT>                   (3,902,506)
<APPREC-INCREASE-CURRENT>                  (6,433,524)
<NET-CHANGE-FROM-OPS>                     (10,094,275)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,421,857
<NUMBER-OF-SHARES-REDEEMED>                    144,239
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                         642,799
<ACCUMULATED-NII-PRIOR>                          4,734
<ACCUMULATED-GAINS-PRIOR>                    (483,990)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          213,011
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                433,827
<AVERAGE-NET-ASSETS>                        42,909,577
<PER-SHARE-NAV-BEGIN>                             8.50
<PER-SHARE-NII>                                   0.04
<PER-SHARE-GAIN-APPREC>                         (1.86)
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                               6.68
<EXPENSE-RATIO>                                   1.50
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001019766
<NAME> HANSBERGER INSTITUTIONAL SERIES
<SERIES>
   <NUMBER> 1
   <NAME> INTERNATIONAL FUND  
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                  6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                      258,232,597
<INVESTMENTS-AT-VALUE>                     235,816,056
<RECEIVABLES>                                4,497,426
<ASSETS-OTHER>                                     576
<OTHER-ITEMS-ASSETS>                            35,282
<TOTAL-ASSETS>                             240,349,340
<PAYABLE-FOR-SECURITIES>                     1,137,010
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,151,526
<TOTAL-LIABILITIES>                          2,288,536
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   256,620,261
<SHARES-COMMON-STOCK>                       23,815,322
<SHARES-COMMON-PRIOR>                       19,050,977
<ACCUMULATED-NII-CURRENT>                    2,974,005
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        887,048
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                  (22,420,510)        
<NET-ASSETS>                               238,060,804
<DIVIDEND-INCOME>                            3,710,315
<INTEREST-INCOME>                              436,763
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (1,157,848)
<NET-INVESTMENT-INCOME>                      2,989,230
<REALIZED-GAINS-CURRENT>                        16,412
<APPREC-INCREASE-CURRENT>                  (1,529,321)
<NET-CHANGE-FROM-OPS>                        1,476,321
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      4,949,138
<NUMBER-OF-SHARES-REDEEMED>                    184,793
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                      51,501,949
<ACCUMULATED-NII-PRIOR>                       (15,225)
<ACCUMULATED-GAINS-PRIOR>                      870,636
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          868,019
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,293,305
<AVERAGE-NET-ASSETS>                       233,251,122
<PER-SHARE-NAV-BEGIN>                             9.79
<PER-SHARE-NII>                                   0.13
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<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              10.00
<EXPENSE-RATIO>                                   1.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>


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