MORGAN STANLEY GROUP INC /DE/
SC 13G/A, 1997-02-12
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934

                               (Amendment No. 6 )

                   Morgan Stanley Global Opportunity Bond Fund
                                (Name of Issuer)

                                  Common Stock
                         (Title of class of securities)

                                    61744R103
                                 (CUSIP number)

                                                         
         Check the following box if a fee is being paid with this statement \ \
         (A fee is not required only if the filing person: (1) has a previous
         statement on file reporting beneficial ownership of more than five
         percent of the class of securities described in Item 1; and (2) has
         filed no amendment subsequent thereto reporting beneficial ownership of
         five percent or less of such class.) (See Rule 13d-7).

         The remainder of this cover page shall be filled out for a reporting
         person's initial filing on this form with respect to the subject class
         of securities, and for any subsequent amendment containing information
         which would alter the disclosures provided in a prior cover page.

         The information required in the remainder of this cover page shall not
         be deemed to be "filed" for the purpose of Section 18 of the Securities
         Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
         that section of the Act but shall be subject to all other provisions of
         the Act (however, see the notes).
<PAGE>   2
61744R103                            13G                 Page 2 of 9 Pages



  NAME OF REPORTING PERSONS
  S.S.  OR  I.R.S.  IDENTIFICATION NO. OF ABOVE PERSONS
                 Morgan Stanley Group Inc.
                 IRS # 13-283-8891


  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

                                           -----
                                    (a)
                                           -----
                                           -----
                                    (b)
                                           -----


  SEC USE ONLY


  CITIZENSHIP OR PLACE OF ORGANIZATION The state of organization is Delaware.

                 The state of organization is Delaware.                        

    NUMBER OF                5       SOLE VOTING POWER
     SHARES                                         0
    BENEFICIALLY
    OWNED BY                 6       SHARED VOTING POWER
      EACH                                    108,527
    REPORTING                7       SOLE DISPOSITIVE POWER 
    PERSON WITH                                     0       
                             8       SHARED DISPOSITIVE POWER                
                                              181,927

  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                         181,927


  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*


  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
                               4.39%


  TYPE OF REPORTING PERSON*
                 IA, CO


                      SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>   3
CUSIP No. 61744R103           13G                 Page 3 of 9 Pages


      1          NAME OF REPORTING PERSONS

                 S.S.  OR  I.R.S.  IDENTIFICATION NO. OF ABOVE PERSONS

                               Morgan Stanley & Co. Incorporated
                               IRS # 13-265-5996


      2          CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                          
                                                              (a)

                                                                     -----
                                                                     -----
                                                              (b)    
                                                                     -----
     

     
      3          SEC USE ONLY

     
      4          CITIZENSHIP OR PLACE OF ORGANIZATION
                               The state of organization is Delaware.

               NUMBER OF         5      SOLE VOTING POWER
                SHARES                                 0
             BENEFICIALLY        6      SHARED VOTING POWER
               OWNED BY                          107,657
                 EACH            7      SOLE DISPOSITIVE POWER
               REPORTING                               0
              PERSON WITH        8      SHARED DISPOSITIVE POWER
                                                 107,657

      9     AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                                                 107,657


      10    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
            SHARES*


      11    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

                                                  2.60%

      12    TYPE OF REPORTING PERSON*

                                     IA, CO



                     * SEE INSTRUCTIONS BEFORE FILLING OUT !
<PAGE>   4
CUSIP No.           61744R103           13G                   Page 4 of 9 Pages


   Item 1 (a)             Name  of  Issuer


                          Morgan Stanley Global Opportunity Bond Fund
  
   Item 1 (b)             Address  of  issuer's  principal executive offices


                          1221 Avenue of the Americas

                          New York, New York 10020

   Item 2 (a)                           Name  of  person  filing


                               (a)      Morgan  Stanley  Group  Inc.
                               (b)      Morgan Stanley & Co. Incorporated

   Item 2 (b)                           Principal  business  office



                               (a)      1585 Broadway
                                        New  York,  New  York  10036

                               (b)      1585 Broadway
                                        New  York,  New  York  10036

   Item 2 (c)                           Citizenship

                                        Incorporated by reference to
                                        Item 4 of the cover page
                                        pertaining to each reporting
                                        person.

   Item 2 (d)                           Title  of  class  of  Securities

                                        Common  Stock

   Item 2 (e)                           Cusip  No.

                                        61744R103

 Item    3                     (a)      Morgan  Stanley  Group  Inc.  is (e) an
                                        Investment Adviser registered under
                                        section 203 of the Investment Advisers 
                                        Act of 1940.

                               (b)      Morgan Stanley & Co.,
                                        Incorporated is (a) a
                                        Broker-Dealer registered
                                        under section 15 of the
                                        Securities Exchange Act of
                                        1934.

 Item    4                              Ownership

                                        Incorporated by reference to
                                        Items (5) - (9) and (11) of
                                        the cover page pertaining to
                                        each reporting person.
<PAGE>   5
CUSIP NO.   61744R103                13G                       Page 5 of 9 Pages




 Item 5              Ownership  of  5  Percent  or  Less  of  a  Class
        
                  a)  As of the date hereof Morgan Stanley Group Inc. has
                      ceased to be the beneficial owner of more than five
                      percent of the class of securities.
 
                  b)  As of the date hereof Morgan Stanley & Co.,
                      Incorporated, has ceased to be the beneficial owner of
                      more than five percent of the class of securities.
        
Item 6                Ownership of More than 5 Percent on Behalf of Another
                      Person
        
                      Inapplicable
        
Item 7                Identification and Classification of the Subsidiary
                      Which Acquired the Security Being Reported on By the
                      Parent Holding Company
        
                      Inapplicable
        
 Item 8               Identification and Classification of Members of the
                      Group
        
                      Inapplicable
        
 Item 9               Notice of Dissolution of Group
        
                      Inapplicable
        
 Item 10              Certification
        
                      By signing below I certify that, to the best of my
                      knowledge and belief, the securities referred to above
                      were acquired in the ordinary course of business and
                      were not acquired for the purpose of and do not have the
                      effect of changing or influencing the control of the
                      issuer of such securities and were not acquired in
                      connection with or as a participant in any transaction
                      having such purpose or effect.
<PAGE>   6
CUSIP No.   61744R103                13G                       Page 6 of 9 Pages

                          After reasonable inquiry and to the best of
                          my knowledge and belief, I certify that the
                          information set forth in this statement is
                          true, complete and correct.

      Date :              February 5, 1997

      Signature :         /s/ Edward J. Johnsen
                          -------------------------------------------

      Name / Title :      Edward J. Johnsen / Vice-President 
                                     Morgan Stanley & Co. Incorporated
                                     MORGAN  STANLEY & CO., INCORPORATED

      Date :              February 5, 1997

      Signature :         /s/ Edward J. Johnsen
                          -------------------------------------------

      Name / Title :       Edward J. Johnsen / Vice-President 
                           Morgan Stanley & Co. Incorporated
                           MORGAN  STANLEY GROUP INC.

               INDEX TO EXHIBITS                                      PAGE

   EXHIBIT 1  Agreement to Make a Joint Filing.                         7


   EXHIBIT 2  Secretary's Certificate Authorizing Edward J. Johnsen     8
              to Sign on behalf of Morgan Stanley Group Inc.

   EXHIBIT 3  Secretary's Certificate Authorizing Edward J. Johnsen     9
              to Sign on Behalf of Morgan Stanley & Co., Incorporated

<PAGE>   1
CUSIP No.           61744R103           13G                    Page 7 of 9 Pages




                            EXHIBIT 1 TO SCHEDULE 13G




                                February 5, 1997





                  MORGAN STANLEY GROUP INC. and MORGAN STANLEY & CO.,
         INCORPORATED hereby agree that, unless differentiated, this Schedule
         13G is filed on behalf of each of the parties.

           MORGAN STANLEY & CO., INCORPORATED

      BY: /s/ Edward J. Johnsen
          ----------------------------------------------------------------------
          Edward J. Johnsen / Vice-President 
          Morgan Stanley & Co. Incorporated

           MORGAN  STANLEY  GROUP  INC.

      BY: /s/ Edward J. Johnsen
          ----------------------------------------------------------------------
          Edward J. Johnsen / Vice-President 
          Morgan Stanley & Co. Incorporated

<PAGE>   1
                                                          -----------------     
                                                          Page 8 of 9 Pages
                                                          -----------------
                                 

                                  EXHIBIT 2
                                      
                                      
                                MORGAN STANLEY
                                      
                           SECRETARY'S CERTIFICATE
                                      
                  I, Charlene R. Herzer, a duly elected and acting Assistant
Secretary of Morgan Stanley Group Inc., a corporation organized and existing
under the laws of the State of Delaware (the "Corporation"), certify that the
following resolutions were duly and validly adopted by a Consent in Lieu of a
Meeting of the Executive Committee of the Board of Directors of the Corporation
dated as of October 19, 1995 and that such resolutions are in full force and
effect on the date hereof:

                  RESOLVED, that the resolutions adopted on September 8, 1993
         and April 17, 1995 relating to signatories to certain reports to be
         filed with the Securities and Exchange Commission (the "SEC") are
         superseded in their entirety by these resolutions and Stuart J. M.
         Breslow, Robert G. Koppenol and Edward J. Johnsen are severally
         authorized and directed to sign on behalf of the Corporation any
         reports to be filed under Section 13 and Section 16 of the Securities
         Exchange Act of 1934, as amended, and the rules and regulations
         thereunder, with the Securities and Exchange Commission, such
         authorizations to cease automatically upon termination of employment
         with any affiliate of the Corporation; and

                  RESOLVED FURTHER, that all actions heretofore taken by Stuart
         J. M. Breslow, Robert G. Koppenol and Edward J. Johnsen that are within
         the authority conferred by the foregoing resolution are approved,
         ratified and confirmed in all respects.

                  RESOLVED, that any and all actions to be taken, caused to be
         taken or heretofore taken by any officer of the Corporation in
         executing any and all documents, agreements and instruments and in
         taking any and all steps (including the payment of all expenses) deemed
         by such officer as necessary or desirable to carry out the intents and
         purposes of the foregoing resolutions are authorized, ratified and
         confirmed.

                  IN WITNESS WHEREOF, I have hereunto set my name and affixed
the seal of the Corporation as of the 20th day of October, 1995:

                                            /S/ Charlene R. Herzer
                                            ------------------------------------
                                            CHARLENE R. HERZER
                                            ASSISTANT SECRETARY

[SEAL]

<PAGE>   1
                                   EXHIBIT 3                   Page 9 of 9 Pages

                                                    MORGAN STANLEY

                             SECRETARY'S CERTIFICATE

                  I, Charlene R. Herzer, the duly elected and acting Assistant
Secretary of Morgan Stanley & Co. Incorporated, a corporation organized and
existing under the laws of the State of Delaware (the "Corporation"), certify
that the following resolutions were duly and validly adopted by the Executive
Committee of the Board of Directors of the Corporation by a Consent in Lieu of
Meeting dated September 20, 1995 and that such resolutions are in full force 
and effect on the date hereof:

                  RESOLVED, that the resolutions adopted on September 16, 1993
         relating to signatories on certain reports to be filed with the
         Securities and Exchange Commission (the "SEC") are superseded in their
         entirety by these resolutions and Stuart J. M. Breslow, Robert G.
         Koppenol and Edward J. Johnsen are severally authorized and directed to
         sign on behalf of the Corporation any reports to be filed under Section
         13 and Section 16 of the Securities Exchange Act of 1934, as amended,
         and the rules and regulations thereunder, with the Securities and
         Exchange Commission, such authorizations to cease automatically upon
         termination of employment with the Corporation or any of its
         affiliates; and

                  RESOLVED FURTHER, that any actions heretofore taken by Stuart
         J. M. Breslow, Robert G. Koppenol and Edward J. Johnsen in connection 
         with the responsibilities noted in the preceding resolution are
         ratified, approved and confirmed.

                  IN WITNESS WHEREOF, I have hereunto set my name and affixed
the seal of the Corporation as of the 9th day of October, 1995.

                                            /s/ Charlene R. Herzer
                                            ------------------------------------
                                            CHARLENE R. HERZER
                                            ASSISTANT SECRETARY

[SEAL]



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