SMITH BARNEY SHEARSON INVESTMENT FUNDS INC
485BPOS, EX-99.B11, 2000-08-25
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Independent Auditors' Consent




To the Shareholders and Board of Directors of
Smith Barney Hansberger Global Value Fund:
We consent to the incorporation by reference, in this Prospectus and
Statement of Additional Information, of our report dated June 12,
2000, on the statement of assets and liabilities of the Smith Barney
Hansberger Global Value Fund (the "Fund") as of April 30, 2000 and
the related statement of operations for the year then ended, the
statement of changes in net assets for each of the years in the two-
year period then ended, and the financial highlights for each of the
years in the two-year period then ended and for the period from
December 19, 1997 (commencement of operations) to April 30, 1998.
These financial statements and financial highlights and our report
thereon are included in the Annual Report of the Fund as filed on
Form N-30D.
We also consent to the references to our firm under the headings
"Financial Highlights" in the Prospectus and "Counsel and Auditors"
in the Statement of Additional Information.



KPMG LLP
New York, New York
August 22, 2000


Independent Auditors' Consent




To the Shareholders and Board of Directors of
Smith Barney Hansberger Global Small Cap Value Fund:
We consent to the incorporation by reference, in this Prospectus and
Statement of Additional Information, of our report dated June 12,
2000, on the statement of assets and liabilities of the Smith Barney
Hansberger Global Small Cap Value Fund (the Fund) as of April 30,
2000 and the related statement of operations for the year then ended
and statement of changes in net assets for each of the years in the
two-year period then ended, and financial highlights for each of the
years in the two-year period then ended and for the period from
December 19, 1997 (commencement of operations) to April 30, 1998.
These financial statements and financial highlights and our report
thereon are included in the Annual Report of the Fund as filed on
Form N-30D.
We also consent to the references to our firm under the headings
"Financial Highlights" in the Prospectus and "Counsel and Auditors"
in the Statement of Additional Information.




KPMG LLP
New York, New York
August 22, 2000


Independent Auditors' Consent




To the Shareholders and Board of Directors of
Smith Barney Investment Funds Inc.:
We consent to the incorporation by reference, in this Prospectus and
Statement of Additional Information, of our report dated June 12,
2000, on the statement of assets and liabilities for the Smith
Barney Premier Selections Large Cap Fund of Smith Barney Investment
Funds Inc. as of April 30, 2000 and the related statements of
operations and changes in net assets and the financial highlights
for the period from August 31, 1999 to April 30, 2000.  These
financial statements and financial highlights and our report thereon
are included in the Annual Report of the Fund as filed on Form N-
30D.
We also consent to the references to our firm under the headings
"Financial Highlights" in the Prospectus and "Counsel and Auditors"
in the Statement of Additional Information.



KPMG LLP
New York, New York
August 24, 2000

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