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SUPPLEMENT DATED NOVEMBER 13, 1998
TO PROSPECTUS DATED MAY 1, 1998
AS PREVIOUSLY SUPPLEMENTED ON
AUGUST 20, 1998 AND OCTOBER 23, 1998
EMERGING MARKETS PORTFOLIO
EMERGING MARKETS DEBT PORTFOLIO
LATIN AMERICAN PORTFOLIO
PORTFOLIOS OF THE
MORGAN STANLEY INSTITUTIONAL FUND, INC.
P.O. BOX 2798
BOSTON, MASSACHUSETTS
02208-2798
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The Prospectus is hereby amended and supplemented to reflect changes in the
portfolio management of the Latin American Portfolio. Robert L. Meyer, Andy Skov
and Michael Perl now share primary responsibility for managing the assets of the
Latin American Portfolio. Accordingly, the paragraph "LATIN AMERICAN PORTFOLIO"
on pages 31 is hereby deleted and replaced with the following:
LATIN AMERICAN PORTFOLIO -- ROBERT L. MEYER, ANDY SKOV AND MICHAEL
PERL. Information about Messrs. Meyer and Skov is included under the
Emerging Markets Portfolio above. Michael Perl joined the Adviser in
1998. He is a Vice President and Portfolio Manager in the Emerging
Markets Equity Group. Prior to joining the Adviser, he worked as a Latin
American Portfolio Manager at Bankers Trust Australia from 1992 to 1998.
He graduated from the University of New South Wales with a Bachelor of
Commerce (Honors), majoring in Finance, Accounting and Taxation. Mr.
Meyer has had primary responsibility for managing the Portfolio's assets
since inception. Messrs. Skov and Perl have shared primary
responsibility for managing the Portfolio's assets since May 1997 and
November 1998, respectively.
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PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
