CONSULTING GROUP CAPITAL MARKETS FUNDS
497, 1995-06-13
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INTERNATIONAL EQUITY  INVESTMENTS

a Portfolio of

CONSULTING GROUP CAPITAL MARKETS FUNDS

Supplement dated April 19, 1995 to the Prospectus


	On April 24, 1995, Smith Barney Mutual Funds Management Inc. assumed 
responsibility for all administrative functions for the Fund, including 
functions previously performed by The Boston Company Advisors, Inc. 
("Boston Advisors"). As of that date, Boston Company Advisor ceased to serve 
as sub-administrator to the Fund.

	Also as of April 24, 1995, Morgan Guaranty assumed responsibility as the 
custodian for the Fund. As of that date, Boston Safe Deposit and Trust 
Company, an affiliate of Boston Advisors, ceased to serve as the Fund's 
custodian. Morgan Guaranty is located at 60 Wall Street, New York, New York 
10206.

Prospectus dated March 14, 1995





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