OMB APPROVAL
------------------------------
OMB Number: 3235-0006
Expires: February 28, 1997
Estimated average burden
hours per form...........24.60
SEC USE ONLY
--------------------------
UNITES STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT
TO SECTION 13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Report for the Calendar Year or Quarter Ended December 31, 1998.
- --------------------------------------------------------------------------------
(Please read instructions before preparing form.)
- --------------------------------------------------------------------------------
If amended report check here: [ ]
Banco Santander Central Hispano, S.A.
- --------------------------------------------------------------------------------
Name of Institutional Investment Manager
c/o Banco Santander Central Hispano, S.A., New York Branch,
45 East 53rd Street New York NY 10022
- --------------------------------------------------------------------------------
Business Address (Street) (City) (State) (Zip)
Gonzalo De Las Heras, (212) 350-4444, Executive Vice President
- --------------------------------------------------------------------------------
Name, Phone No., and Title of Person Duly Authorized to Submit This Report.
ATTENTION
Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 16 U.S.C. 78ff(a).
- --------------------------------------------------------------------------------
The institutional investment manager submitting this Form and its
attachments and the person by whom it is signed represent hereby that all
information contained therein is true, correct and complete. It is understood
that all required items, statements and schedules are considered integral parts
of this Form and that the submission of any amendment represents that all
unamended items, statements and schedules remain true, correct and complete as
previously submitted.
Pursuant to the requirements of Securities Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be signed
on its behalf in the City of New York and State of New York on the 11th day of
May, 1999.
Banco Santander Central Hispano, S.A.
------------------------------------------
(Name of Institutional Investment Manager)
/s/ Gonzalo De Las Heras
------------------------------------------
(Manual Signature of Person Duly Authorized
to Submit This Report)
/s/ Douglas G. Preston
DOUGLAS G. PRESTON
Notary Public, State of New York
No. 31-4964412
Qualified in New York County
Commission Expires April 2, 2000
<PAGE>
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filled (other than the one filing this report): (List
in alphabetical order).
13F File Numbers will be assigned to Institutional Investment Managers after
they file their first report.
Name: 13F File No.: Name: 13F File No.:
- ------------------------ ------------- -------------------- --------------
1. Santander Investment
Securities Inc. 6.
- ------------------------ ------------- -------------------- --------------
2. Banco Santander Trust
& Banking Corporation
Limited 7.
- ------------------------ ------------- -------------------- --------------
3. Santander Financial
Products 8.
- ------------------------ ------------- -------------------- --------------
4. Banco Santander
Central Hispano, S.A. 9.
- ------------------------ ------------- -------------------- --------------
5. 10.
- ------------------------ ------------- -------------------- --------------
<PAGE>
OMB APPROVAL
------------------------------
OMB Number: 3235-0006
Expires: February 28, 1997
Estimated average burden
hours per form...........24.60
SEC USE ONLY
--------------------------
UNITES STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT
TO SECTION 13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Report for the Calendar Year or Quarter Ended December 31, 1998.
- --------------------------------------------------------------------------------
(Please read instructions before preparing form.)
- --------------------------------------------------------------------------------
If amended report check here: [ ]
Santander Investment Securities Inc.
- --------------------------------------------------------------------------------
Name of Institutional Investment Manager
45 East 53rd Street New York NY 10022
- --------------------------------------------------------------------------------
Business Address (Street) (City) (State) (Zip)
Ricardo Mandelbaum, (212) 297-1383, Chief Executive Officer
- --------------------------------------------------------------------------------
Name, Phone No., and Title of Person Duly Authorized to Submit This Report.
ATTENTION
Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 16 U.S.C. 78ff(a).
- --------------------------------------------------------------------------------
The institutional investment manager submitting this Form and its
attachments and the person by whom it is signed represent hereby that all
information contained therein is true, correct and complete. It is understood
that all required items, statements and schedules are considered integral parts
of this Form and that the submission of any amendment represents that all
unamended items, statements and schedules remain true, correct and complete as
previously submitted.
Pursuant to the requirements of Securities Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be signed
on its behalf in the City of New York and State of New York on the 10th day of
May, 1999.
Banco Santander Central Hispano, S.A.
------------------------------------------
(Name of Institutional Investment Manager)
/s/ Ricardo Mandelbaum
------------------------------------------
(Manual Signature of Person Duly Authorized
to Submit This Report)
/s/ Douglas G. Preston
DOUGLAS G. PRESTON
Notary Public, State of New York
No. 31-4964412
Qualified in New York County
Commission Expires April 2, 2000
<PAGE>
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filled (other than the one filing this report): (List
in alphabetical order).
13F File Numbers will be assigned to Institutional Investment Managers after
they file their first report.
Name: 13F File No.: Name: 13F File No.:
- ------------------------ ------------- -------------------- --------------
1. 6.
- ------------------------ ------------- -------------------- --------------
2. 7.
- ------------------------ ------------- -------------------- --------------
3. 8.
- ------------------------ ------------- -------------------- --------------
4. 9.
- ------------------------ ------------- -------------------- --------------
5. 10.
- ------------------------ ------------- -------------------- --------------
Under General Instructions B. "Rules to Prevent Duplicative Reporting" the
following subsidiary (also listed on cover, pursuant to General Instruction i)
would like to indicate that their parent, Banco Santander Central Hispano, is
filing on their behalf.
o Santander Investment Securities Inc.
<PAGE>
OMB APPROVAL
------------------------------
OMB Number: 3235-0006
Expires: February 28, 1997
Estimated average burden
hours per form...........24.60
SEC USE ONLY
--------------------------
UNITES STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT
TO SECTION 13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Report for the Calendar Year or Quarter Ended December 31, 1998.
- --------------------------------------------------------------------------------
(Please read instructions before preparing form.)
- --------------------------------------------------------------------------------
If amended report check here: [ ]
Santander Financial Products
- --------------------------------------------------------------------------------
Name of Institutional Investment Manager
45 East 53rd Street New York NY 10022
- --------------------------------------------------------------------------------
Business Address (Street) (City) (State) (Zip)
Michael McInerney, 011-35-31-475-7850, Managing Director
- --------------------------------------------------------------------------------
Name, Phone No., and Title of Person Duly Authorized to Submit This Report.
ATTENTION
Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 16 U.S.C. 78ff(a).
- --------------------------------------------------------------------------------
The institutional investment manager submitting this Form and its
attachments and the person by whom it is signed represent hereby that all
information contained therein is true, correct and complete. It is understood
that all required items, statements and schedules are considered integral parts
of this Form and that the submission of any amendment represents that all
unamended items, statements and schedules remain true, correct and complete as
previously submitted.
Pursuant to the requirements of Securities Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be signed
on its behalf in the City of Dublin and State of Ireland on the 10th day of
May, 1999.
Banco Santander Central Hispano, S.A.
------------------------------------------
(Name of Institutional Investment Manager)
/s/ Michael McInerney
------------------------------------------
(Manual Signature of Person Duly Authorized
to Submit This Report)
<PAGE>
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filled (other than the one filing this report): (List
in alphabetical order).
13F File Numbers will be assigned to Institutional Investment Managers after
they file their first report.
Name: 13F File No.: Name: 13F File No.:
- ------------------------ ------------- -------------------- --------------
1. 6.
- ------------------------ ------------- -------------------- --------------
2. 7.
- ------------------------ ------------- -------------------- --------------
3. 8.
- ------------------------ ------------- -------------------- --------------
4. 9.
- ------------------------ ------------- -------------------- --------------
5. 10.
- ------------------------ ------------- -------------------- --------------
Under General Instructions B. "Rules to Prevent Duplicative Reporting" the
following subsidiary (also listed on cover, pursuant to General Instruction i)
would like to indicate that their parent, Banco Santander Central Hispano, is
filing on their behalf.
o Santander Financial Products Limited
<PAGE>
OMB APPROVAL
------------------------------
OMB Number: 3235-0006
Expires: February 28, 1997
Estimated average burden
hours per form...........24.60
SEC USE ONLY
--------------------------
UNITES STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
INFORMATION REQUIRED OF INSTITUTIONAL INVESTMENT MANAGERS PURSUANT
TO SECTION 13(f) OF THE SECURITIES EXCHANGE ACT OF 1934 AND RULES THEREUNDER
Report for the Calendar Year or Quarter Ended December 31, 1998.
- --------------------------------------------------------------------------------
(Please read instructions before preparing form.)
- --------------------------------------------------------------------------------
If amended report check here: [ ]
Banco Santander Trust & Banking Corporation Limited
- --------------------------------------------------------------------------------
Name of Institutional Investment Manager
Bahamas Financial Centre, Charlotte & Suirley St., Nassau, Bahamas
- --------------------------------------------------------------------------------
Business Address (Street) (City) (State) (Zip)
Jose Lozada, (242) 326-2002, Vice President and General Manager
- --------------------------------------------------------------------------------
Name, Phone No., and Title of Person Duly Authorized to Submit This Report.
ATTENTION
Intentional misstatements or omissions of facts constitute Federal Criminal
Violations. See 18 U.S.C. 1001 and 16 U.S.C. 78ff(a).
- --------------------------------------------------------------------------------
The institutional investment manager submitting this Form and its
attachments and the person by whom it is signed represent hereby that all
information contained therein is true, correct and complete. It is understood
that all required items, statements and schedules are considered integral parts
of this Form and that the submission of any amendment represents that all
unamended items, statements and schedules remain true, correct and complete as
previously submitted.
Pursuant to the requirements of Securities Exchange Act of 1934, the
undersigned institutional investment manager has caused this report to be signed
on its behalf in the City of Nassau and State of The Bahamas on the 11th day of
May, 1999.
Banco Santander Central Hispano, S.A.
------------------------------------------
(Name of Institutional Investment Manager)
/s/ Jose Lozada
------------------------------------------
(Manual Signature of Person Duly Authorized
to Submit This Report)
<PAGE>
Name and 13F file numbers of ALL Institutional Investment Managers with respect
to which this schedule is filled (other than the one filing this report): (List
in alphabetical order).
13F File Numbers will be assigned to Institutional Investment Managers after
they file their first report.
Name: 13F File No.: Name: 13F File No.:
- ------------------------ ------------- -------------------- --------------
1. 6.
- ------------------------ ------------- -------------------- --------------
2. 7.
- ------------------------ ------------- -------------------- --------------
3. 8.
- ------------------------ ------------- -------------------- --------------
4. 9.
- ------------------------ ------------- -------------------- --------------
5. 10.
- ------------------------ ------------- -------------------- --------------
Under General Instructions B. "Rules to Prevent Duplicative Reporting" the
following subsidiary (also listed on cover, pursuant to General Instruction i)
would like to indicate that their parent, Banco Santander Central Hispano, is
filing on their behalf.
o Banco Santander Trust and Banking Corporation Limited
<PAGE>
<TABLE>
<CAPTION>
Name of Issuer Title of Class CUSIP ISIN Fair Market Shares of
Number Number Value Principal
- ---------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C>
COMPANIA ANONIMA NACIONL TEL SPN ADR 7D SHS 204421101 2,671,800 150,000
COMPANIA DE TELECOMUNICS CHILE SPNSRD ADR NEW 204449300 1,350,861 65,300
COMPANIA DE TELECOMUNICS CHILE SPNSRD ADR NEW 204449300 5,072,452 245,200
GENER S A SPONSORED ADR 368731105 376,208 23,513
TELE CELULAR SUL PART S A SPONS ADR PFD 879238103 208,023 11,930
TELE CENTRO SUL PART S A SPONS ADR PFD 879239101 996,239 23,862
TELE NORTE LESTE PART S A SPONS ADR PFD 879246106 1,483,858 119,310
TELE SUDESTE CELULAR PART S A SPONS ADR PFD 879252104 493,633 23,862
TELECOMM ARGENTINA STET-FRANCE SPNS ADR REP B 879273209 2,125,750 77,300
TELECOMUNICACOES BRASILEIRAS S SPONSORED ADR 879287100 13,005 119,310
TELEFONICA DE ARGENTINA S A SPNSR ADR CL B 879378206 9,092,153 325,452
TELEFONOS DE MEXICO S A SP ADR REP ORD 879403780 175,667,565 3,608,100
TRANSPORTADORA DE GAS SUR SPONSR ADR B 893870204 962,888 95,100
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 5,598,575 200,400
AMR CORP COM 001765106 403,869 6,802
AT&T CORP COM 001957109 2,662,926 35,154
ADVANCED FIBRE COMMUNICATIONS COM 00754A105 656,220 60,000
ADVANCED MICRO DEVICES INC COM 007903107 348,000 12,000
AIRTOUCH COMMUNICATIONS INC COM 00949T100 484,731 6,692
ALBERTSONS INC COM 013104104 334,166 5,247
ALLSTATE CORP COM 020002101 361,900 9,400
AMERICA ONLINE INC DEL COM 02364J104 3,160,672 20,375
AMERICAN EXPRESS CO COM 025816109 1,228,519 11,986
AMERICAN HOME PRODS CORP COM 026609107 473,550 8,400
AMERICAN INTL GROUP INC COM 026874107 1,540,879 15,947
AMERICAN INTL GROUP INC COM 026874107 6,818,730 70,569
AMGEN INC COM 031162100 679,653 6,500
AMOCO CORP COM 031905102 1,676,500 28,000
ANHEUSER BUSCH COS INC COM 035229103 325,828 4,965
AO TATNEFT SPONS ADR RG S 03737P306 43,000 22,199
APPLE COMPUTER INC COM 037833100 261,997 6,400
APPLIED MAGNETICS CP DEL COM 038213104 61,878 10,001
APPLIED MAGNETICS CP DEL COM 038213104 115,078 18,600
ARACRUZ CELULOSE S A SPNSR ADR CL B 038496204 880,000 110,000
AT HOME CORP COM SER A 045919107 4,826,250 65,000
BANCO BILBAO VIZCAYA INTL GIBR SPONSORED ADR 059456103 417,962 15,113
BANCO BILBAO VIZCAYA INTL GIBR SPON ADR PRF B 059456202 259,414 9,265
BANCO BILBAO VIZCAYA INTL GIBR SP ADR PREF C 059456301 480,344 18,475
BANCO BILBAO VIZCAYA INTL GIBR SP ADR PREF C 059456301 911,950 35,075
BANCO BILBAO VIZCAYA INTL GIBR SPNS ADR GTD E 059456400 637,522 24,171
BANCO BILBAO VIZCAYA INTL GIBR SPNS ADR GTD E 059456400 571,599 21,672
BANCO BILBAO VIZCAYA S A SPONSORED ADR 059458208 233,478 14,592
BANCO CENTRAL HISPANOAMERICANO ADR NEW 059470401 418,608 34,884
BANCO DE A EDWARDS SPNS ADR REP A 059504100 4,719,000 429,000
BANCO DE GALICIA Y BUENOS AIRE SPNS ADR B NEW 059538207 1,497,737 84,978
BANCO DE SANTANDER ADR 059574202 3,655,923 185,110
BANCO FRANCES DEL RIO DE LA PL SPONSORED ADR 059591107 671,470 32,360
BANCO FRANCES DEL RIO DE LA PL SPONSORED ADR 059591107 5,778,875 278,500
BANCO GANADERO S A SPONSRD ADR B 059594408 832,855 41,257
BANCO GANADERO S A SP ADR PREF C 059594507 383,014 42,266
BANCO RIO DE LA PLATA SA SPONS ADR CL B 059644104 3,830,744 294,673
BANCO RIO DE LA PLATA SA SPONS ADR CL B 059644104 52,531,700 4,040,900
BANCO RIO DE LA PLATA SA SPONS ADR CL B 059644104 201,289,400 15,483,800
BANCO SANTANDER P R SAN JUAN COM 059646109 259,200 11,816
BANCO WIESE SPONSORED ADR 059651109 45,000 24,000
BANCO SANTANDER CHILE SPON ADR SER A 05965F108 96,764,850 6,616,400
BANCO SANTANDER CHILE SPON ADR SER A 05965F108 196,128,226 13,410,477
BANCO SANTIAGO SP ADR REP COM 05965L105 244,098 16,410
BANCOLOMBIA S A SPNS ADR 4PREF 05968L102 119,700 25,200
BANCOLOMBIA S A SPNS ADR 4PREF 05968L102 1,119,813 235,750
BANCOLOMBIA S A SPNS ADR 4PREF 05968L102 3,362,691 707,935
BANK ONE CORP COM 06423A103 264,705 5,184
BANKAMERICA CORP NEW COM 06605F102 1,106,120 18,397
BELL ATLANTIC CORP COM 077853109 504,144 9,336
BELLSOUTH CORP COM 079860102 1,176,075 23,580
BEST BUY INC COM 086516101 380,525 6,200
BRISTOL MYERS SQUIBB CO COM 110122108 1,390,842 10,394
CBS CORP COM 12490K107 283,364 8,636
CIGNA CORP COM 125509109 651,740 8,430
CVS CORP COM 126650100 623,095 11,329
CAMBRIDGE TECH PARTNERS MASS COM 132524109 354,000 16,000
CAPITAL ONE FINL CORP COM 14040H105 598,000 5,200
CARNIVAL CORP COM 143658102 480,000 10,000
CATERPILLAR INC DEL COM 149123101 223,606 4,861
CENDANT CORP COM 151313103 1,931,200 100,000
CENTRAL PAC MINERALS NL ADR NEW 154762306 343,121 69,500
CHASE MANHATTAN CORP NEW COM 16161A108 2,273,633 32,023
CISCO SYS INC COM 17275R102 2,138,475 23,041
CITIGROUP INC COM 172967101 4,860,458 97,822
CITRIX SYS INC COM 177376100 427,073 4,400
CLOROX CO DEL COM 189054109 502,292 4,300
COCA COLA CO COM 191216100 4,444,374 66,334
COCA-COLA FEMSA S A DE C V SPON ADR REP L 191241108 174,900 13,200
COLGATE PALMOLIVE CO COM 194162103 297,200 3,200
COLGATE PALMOLIVE CO COM 194162103 324,041 3,489
COMPANHIA BRASILEIRA DE DISTRB ADR 20440T201 260,400 16,800
COMPANHIA CERVEJARIA BRAHMA SPONSD ADR PFD 20440X103 1,132,440 120,000
COMPANHIA PARANAENSE ENERG COP SPONS ADR PFD 20441B407 6,249,494 877,122
COMPANIA ANONIMA NACIONL TEL SPN ADR 7D SHS 204421101 1,017,600 57,130
COMPANIA ANONIMA NACIONL TEL SPN ADR 7D SHS 204421101 2,563,859 143,940
COMPANIA DE MINAS BUENAVENTURA SPNS ADR SER B 204448104 648,700 49,900
COMPANIA DE MINAS BUENAVENTURA SPNS ADR SER B 204448104 254,800 19,600
COMPANIA DE TELECOMUNICS CHILE SPNSRD ADR NEW 204449300 3,590,746 173,575
COMPANIA DE TELECOMUNICS CHILE SPNSRD ADR NEW 204449300 7,579,717 366,400
COMPAQ COMPUTER CORP COM 204493100 880,068 20,954
CONOCO INC CL A 208251306 4,461,250 215,000
CONSORCIO G GRUPO DINA S A CV SPONSORED ADR 210306106 63,000 42,000
CORIMON CA SPN ADRNEW250S 218728509 16,618 14,000
COSTCO COMPANIES INC COM 22160Q102 400,999 5,555
CROWN CORK & SEAL INC COM 228255105 223,669 7,259
DTE ENERGY CO COM 233331107 361,721 8,400
DAYTON HUDSON CORP COM 239753106 336,350 6,200
DELL COMPUTER CORP COM 247025109 2,405,028 32,861
DELL COMPUTER CORP COM 247025109 2,561,545 35,000
DELTA AIR LINES INC DEL COM 247361108 322,400 6,200
DESC S A DE C V SPONSRD ADR C 250309101 2,712,984 141,397
DESC S A DE C V SPONSRD ADR C 250309101 1,953,237 101,800
DISNEY WALT CO COM 254687106 2,063,608 68,787
DISTRIBUCION Y SERVICIO D&S SA SPONSORED ADR 254753106 2,561,050 222,700
DISTRIBUCION Y SERVICIO D&S SA SPONSORED ADR 254753106 345,000 30,000
DOW CHEM CO COM 260543103 527,435 5,800
DU PONT E I DE NEMOURS & CO COM 263534109 427,149 8,050
DUKE ENERGY CORP COM 264399106 441,515 6,892
E M C CORP MASS COM 268648102 823,905 9,693
EASTMAN KODAK CO COM 277461109 209,664 2,912
EMBRATEL PARTICIPACOES S A SPONS ADR PFD 29081N100 227,034 16,290
EMBRATEL PARTICIPACOES S A SPONS ADR PFD 29081N100 1,662,823 119,310
EMBRATEL PARTICIPACOES S A SPONS ADR PFD 29081N100 1,662,823 119,310
EMBOTELLADORA ANDINA S A SPONS ADR B 29081P303 513,500 39,500
EMBOTELLADORA ANDINA S A SPONS ADR B 29081P303 513,500 39,500
EMPRESAS ICA SOCIEDAD CONTRLAD SPONSORED ADR 292448107 789,096 183,000
EMPRESAS ICA SOCIEDAD CONTRLAD SPONSORED ADR 292448107 327,285 75,901
EMPRESAS LA MODERNA S A DE C V SPON ADR REP A 292449105 1,134,000 48,000
EMPRESA NACIONAL DE ELCTRCIDAD SPONSORED ADR 29244T101 5,123,835 450,447
EMPRESA NACIONAL DE ELCTRCIDAD SPONSORED ADR 29244T101 310,538 27,300
EMPRESA NACIONAL DE ELCTRCIDAD SPONSORED ADR 29244T101 1,163,663 102,300
ENDESA S A SPONSORED ADR 29258N107 902,450 33,424
ENERSIS S A SPONSORED ADR 29274F104 1,786,190 69,200
ENTREMED INC COM 29382F103 210,000 10,000
EXXON CORP COM 302290101 2,282,012 31,207
FPL GROUP INC COM 302571104 317,369 5,150
FEDERAL HOME LN MTG CORP COM 313400301 599,264 9,300
FEDERAL NATL MTG ASSN COM 313586109 468,346 6,329
FIRST AMERN FINL CORP COM 318522307 404,775 12,600
FLEET FINL GROUP INC NEW COM 338915101 366,433 8,200
FLUOR CORP COM 343861100 463,250 10,900
FOMENTO ECONOMICO MEXICANO SA SPND ADR FEMSA 344419106 943,590 35,440
FOMENTO ECONOMICO MEXICANO SA SPND ADR FEMSA 344419106 636,338 23,900
FORD MTR CO DEL COM 345370100 1,070,068 18,233
FOX ENTMT GROUP INC CL A 35138T107 351,750 14,000
GTE CORP COM 362320103 1,034,296 15,912
GAP INC DEL COM 364760108 611,763 10,900
GENER S A SPONSORED ADR 368731105 262,400 16,400
GENER S A SPONSORED ADR 368731105 997,008 62,313
GENERAL ELEC CO COM 369604103 6,059,562 59,407
GENERAL MTRS CORP COM 370442105 301,078 4,207
GILLETTE CO COM 375766102 793,675 16,600
GRUPO IMSA S A DE C V SPONS ADR 3B2C 40048T106 584,472 56,000
GRUPO RADIO CENTRO S A DE C V SPONSORED ADR 40049C102 284,902 53,005
GRUPO TRIBASA S A DE C V SPONSORED ADR 40049F105 16,870 10,000
GRUPO TRIBASA S A DE C V SPONSORED ADR 40049F105 16,870 10,000
GRUPO TELEVISA SA DE CV SPN ADR REPORD 40049J206 4,026,795 163,114
GRUPO TELEVISA SA DE CV SPN ADR REPORD 40049J206 2,493,387 101,000
GRUPO IUSACELL SA DE CV ADR REP D SHS 40049W207 83,318 13,200
GRUPO IUSACELL SA DE CV ADR REP L SHS 40049W306 104,738 14,700
GRUPO ELEKTRA SA DE CV GLOBL DEP RCPT 40050A102 60,200 12,040
GRUPO ELEKTRA SA DE CV GLOBL DEP RCPT 40050A102 289,000 57,800
HERSHEY FOODS CORP COM 427866108 366,903 5,900
HEWLETT PACKARD CO COM 428236103 1,132,008 16,571
HOMESTAKE MNG CO COM 437614100 125,330 13,735
INTEL CORP COM 458140100 1,751,565 14,773
INTEL CORP COM 458140100 17,784,300 150,000
INTERNATIONAL BUSINESS MACHS COM 459200101 1,707,866 9,263
INTERNEURON PHARMACEUTICALS COM 460573108 32,810 10,000
JOHNSON & JOHNSON COM 478160104 1,391,899 16,595
JOHNSON & JOHNSON COM 478160104 3,355,000 40,000
LEHMAN BROS HLDGS INC COM 524908100 237,935 5,400
LILLY ELI & CO COM 532457108 1,388,850 15,627
LOCKHEED MARTIN CORP COM 539830109 220,027 2,596
LONE STAR STEAKHOUSE SALOON COM 542307103 95,625 10,409
LOWES COS INC COM 548661107 537,464 10,500
LUCENT TECHNOLOGIES INC COM 549463107 2,991,865 27,214
MCI WORLDCOM INC COM 55268B106 1,035,855 14,437
MADECO SA SPONSORED ADR 556304103 83,750 10,000
MANNING GREG AUCTIONS INC COM 563823103 4,143,750 442,000
MASISA S A SPONSORED ADR 574799102 535,500 84,000
MAVESA S A SPONSORED ADR 577717101 272,250 72,600
MAVESA S A SPONSORED ADR 577717101 258,750 69,000
MCDONALDS CORP COM 580135101 510,185 6,642
MCKESSON CORP NEW COM 581557105 284,623 3,600
MEDIAONE GROUP INC COM 58440J104 2,350,000 50,000
MEDTRONIC INC COM 585055106 320,523 4,315
MELLON BK CORP COM 585509102 311,697 4,534
MERCK & CO INC COM 589331107 3,135,988 21,261
MERRILL LYNCH & CO INC COM 590188108 267,000 4,000
MICROSOFT CORP COM 594918104 5,296,865 38,193
MICROSOFT CORP COM 594918104 13,591,326 98,000
MOBIL CORP COM 607059102 1,061,705 12,186
MORGAN J P & CO INC COM 616880100 246,896 2,350
MORGAN J P & CO INC COM 616880100 378,223 3,600
MORGAN STANLEY DEAN WITTER&CO COM NEW 617446448 660,300 9,300
NBTY INC COM 628782104 815,625 114,474
NEWMONT MINING CORP COM 651639106 245,043 13,427
NOKIA CORP SPONSORED ADR 654902204 548,218 4,552
NOVELL INC COM 670006105 362,500 20,000
ORACLE CORP COM 68389X105 5,390,625 125,000
PACIFICARE HEALTH SYS DEL CL B 695112201 286,200 3,600
PAIRGAIN TECHNOLOGIES INC COM 695934109 730,265 95,000
PAYMENTECH INC COM 704384106 10,020,738 530,900
PEPSI-GEMEX S A DE C V GDR REP ORD 713435105 499,968 64,000
PEPSICO INC COM 713448108 261,028 6,386
PHARMACIA & UPJOHN INC COM 716941109 325,500 5,748
PFIZER INC COM 717081103 1,038,375 8,307
PHILIP MORRIS COS INC COM 718154107 2,039,539 38,122
POPULAR INC COM 733174106 414,750 12,199
PORTUGAL TELECOM S A SPONSORED ADR 737273102 223,125 5,000
PROCTER & GAMBLE CO COM 742718109 1,728,460 18,929
PROVIDIAN FINL CORP COM 74406A102 506,250 6,750
PUBLIC SVC ENTERPRISE GROUP COM 744573106 340,000 8,500
QUINENCO S A SPONSORED ADR 748718103 448,000 56,000
R & B FALCON CORP COM 74912E101 1,172,110 155,000
R O C TAIWAN FD SH BEN INT 749651105 64,964 10,500
RAMBUS INC DEL COM 750917106 2,310,000 24,000
ROYAL DUTCH PETE CO NY REG GLD1.25 780257804 490,825 10,252
SBC COMMUNICATIONS INC COM 78387G103 993,525 18,527
SPDR TR UNIT SER 1 78462F103 18,197,768 147,575
SAFECO CORP COM 786429100 386,438 9,000
SARA LEE CORP COM 803111103 358,532 12,720
SCHERING PLOUGH CORP COM 806605101 635,375 11,500
SOCIEDAD QUIMICA MINERA DE CHI SPON ADR SER B 833635105 680,477 20,200
SOUTHERN CO COM 842587107 441,684 15,198
SOUTHERN PAC PETE NL ADR NEW 843581307 52,354 25,002
SPLASH TECHNOLOGY HLDGS INC COM 848623104 173,438 23,321
SPRINT CORP COM FON GROUP 852061100 239,420 2,846
SUN MICROSYSTEMS INC COM 866810104 982,147 11,470
SUNAMERICA INC COM 866930100 6,781,482 82,701
TIG HLDGS INC COM 872469101 2,385,655 153,300
TJX COS INC NEW COM 872540109 203,000 7,000
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 346,971 24,457
TELE CELULAR SUL PART S A SPONS ADR PFD 879238103 208,023 11,930
TELE CENTRO SUL PART S A SPONS ADR PFD 879239101 996,239 23,862
TELE CENTRO OESTE CELULAR S A SPONS ADR PFD 87923P105 91,438 31,133
TELE CENTRO OESTE CELULAR S A SPONS ADR PFD 87923P105 116,799 39,768
TELE CENTRO OESTE CELULAR S A SPONS ADR PFD 87923P105 116,799 39,768
TELE NORTE LESTE PART S A SPONS ADR PFD 879246106 266,152 21,400
TELE NORTE LESTE PART S A SPONS ADR PFD 879246106 1,483,858 119,310
TELE SUDESTE CELULAR PART S A SPONS ADR PFD 879252104 225,220 10,887
TELE SUDESTE CELULAR PART S A SPONS ADR PFD 879252104 493,633 23,862
TELECOMM ARGENTINA STET-FRANCE SPNS ADR REP B 879273209 866,801 31,520
TELECOMM ARGENTINA STET-FRANCE SPNS ADR REP B 879273209 2,549,250 92,700
TELECOMUNICACOES BRASILEIRAS S SPONSORED ADR 879287100 13,005 119,310
TELECOMUNICACOES BRASILEIRAS S SPONSORED ADR 879287308 14,049,816 193,292
TELECOMUNICACOES BRASILEIRAS S SPONSORED ADR 879287308 2,221,678 30,565
TELECOMUNICACOES BRASILEIRAS SP ADR TELEBRS 87928R106 1,419,956 19,108
TELEFONICA DE ARGENTINA S A SPNSR ADR CL B 879378206 2,503,155 89,600
TELEFONICA DE ARGENTINA S A SPNSR ADR CL B 879378206 12,020,229 430,262
TELEFONICA DEL PERU S A SPONS ADR CL B 879384105 1,865,661 147,053
TELEFONICA DEL PERU S A SPONS ADR CL B 879384105 596,289 47,000
TELEFONOS DE MEXICO S A SP ADR REP ORD 879403780 15,265,225 313,538
TELEFONOS DE MEXICO S A SP ADR REP ORD 879403780 177,338,989 3,642,430
TELEMIG CELULAR PART S A SPONS ADR PFD 87944E105 21,995,648 1,035,089
TELESP PARTICIPACOES S A SPONS ADR PFD 87952K100 2,639,734 119,310
TELESP PARTICIPACOES S A SPONS ADR PFD 87952K100 2,642,499 119,435
TELESP CELULAR PART S A SPONS ADR PFD 87952L108 835,170 47,724
TELESP CELULAR PART S A SPONS ADR PFD 87952L108 835,170 47,724
TELLABS INC COM 879664100 1,371,240 20,000
TEMPLETON CHINA WORLD FD INC COM 88018X102 124,677 21,000
TEXAS INSTRS INC COM 882508104 214,063 2,500
3COM CORP COM 885535104 624,769 13,942
TIME WARNER INC COM 887315109 1,156,091 18,628
TRANSCANADA PIPELINES LTD COM 893526103 147,500 10,000
TRANSOCEAN OFFSHORE INC COM 893817106 32,174,400 1,200,000
TRANSPORTADORA DE GAS SUR SPONSR ADR B 893870204 748,238 73,900
TRANSPORTADORA DE GAS SUR SPONSR ADR B 893870204 1,895,279 187,188
TUBOS DE ACERO DE MEXICO S A ADR NEW 898592506 650,137 101,000
TUBOS DE ACERO DE MEXICO S A ADR NEW 898592506 307,689 47,800
TYCO INTL LTD NEW COM 902124106 480,609 6,371
UNIBANCO-UNIAO DE BANCOS BRASL GDR REP PFD UT 90458E107 444,877 30,815
UNILEVER N V NEW YORK SHS 904784501 240,517 2,900
UNISYS CORP COM 909214108 447,681 13,000
U S WEST INC NEW COM 91273H101 542,850 8,400
VIACOM INC CL B 925524308 643,800 8,700
VINA CONCHA Y TORO S A SPONSORED ADR 927191106 1,304,100 50,400
VINA CONCHA Y TORO S A SPONSORED ADR 927191106 1,071,225 41,400
VITRO SOCIEDAD ANONIMA SPONSORED ADR 928502301 508,663 111,500
WEBS INDEX FD INC MALAYSIA WEBS 92923H871 50,625 14,729
WAL MART STORES INC COM 931142103 2,524,793 31,003
WARNER LAMBERT CO COM 934488107 1,025,551 13,640
XEROX CORP COM 984121103 899,632 7,624
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 11,455,539 410,049
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 7,523,434 269,300
YAHOO INC COM 984332106 625,514 2,640
CREDICORP LTD COM G2519Y108 573,507 63,723
1,390,440,164
<CAPTION>
Name of Issuer Investment Discretion Managers Voting Authority (Shares)
-------------------------- -------------------------
Sole Shared-As Shared- Sole Shared None
Defined Other
- ---------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C>
COMPANIA ANONIMA NACIONL TEL 150,000 2 150,000 0
COMPANIA DE TELECOMUNICS CHILE 65,300 2 65,300 0
COMPANIA DE TELECOMUNICS CHILE 245,200 3 245,200 0
GENER S A 23,513 3 23,513 0
TELE CELULAR SUL PART S A 11,930 3 11,930 0
TELE CENTRO SUL PART S A 23,862 3 23,862 0
TELE NORTE LESTE PART S A 119,310 3 119,310 0
TELE SUDESTE CELULAR PART S A 23,862 3 23,862 0
TELECOMM ARGENTINA STET-FRANCE 77,300 3 77,300 0
TELECOMUNICACOES BRASILEIRAS S 119,310 3 119,310 0
TELEFONICA DE ARGENTINA S A 325,452 3 325,452 0
TELEFONOS DE MEXICO S A 3,608,100 3 3,608,100 0
TRANSPORTADORA DE GAS SUR 95,100 3 95,100 0
YPF SOCIEDAD ANONIMA 200,400 3 200,400 0
AMR CORP 6,802 6,802 0
AT&T CORP 35,154 35,154 0
ADVANCED FIBRE COMMUNICATIONS 60,000 4 60,000 0
ADVANCED MICRO DEVICES INC 12,000 4 12,000 0
AIRTOUCH COMMUNICATIONS INC 6,692 6,692 0
ALBERTSONS INC 5,247 5,247 0
ALLSTATE CORP 9,400 9,400 0
AMERICA ONLINE INC DEL 20,375 20,375 0
AMERICAN EXPRESS CO 11,986 11,986 0
AMERICAN HOME PRODS CORP 8,400 8,400 0
AMERICAN INTL GROUP INC 15,947 15,947 0
AMERICAN INTL GROUP INC 70,569 1 70,569 0
AMGEN INC 6,500 6,500 0
AMOCO CORP 28,000 4 28,000 0
ANHEUSER BUSCH COS INC 4,965 4,965 0
AO TATNEFT 22,199 22,199 0
APPLE COMPUTER INC 6,400 6,400 0
APPLIED MAGNETICS CP DEL 10,001 10,001 0
APPLIED MAGNETICS CP DEL 18,600 1 18,600 0
ARACRUZ CELULOSE S A 110,000 110,000 0
AT HOME CORP 65,000 4 65,000 0
BANCO BILBAO VIZCAYA INTL GIBR 15,113 15,113 0
BANCO BILBAO VIZCAYA INTL GIBR 9,265 9,265 0
BANCO BILBAO VIZCAYA INTL GIBR 18,475 18,475 0
BANCO BILBAO VIZCAYA INTL GIBR 35,075 1 35,075 0
BANCO BILBAO VIZCAYA INTL GIBR 24,171 24,171 24171
BANCO BILBAO VIZCAYA INTL GIBR 21,672 1 21,672 0
BANCO BILBAO VIZCAYA S A 14,592 14,592 0
BANCO CENTRAL HISPANOAMERICANO 34,884 34,884 0
BANCO DE A EDWARDS 429,000 1 429,000 0
BANCO DE GALICIA Y BUENOS AIRE 84,978 1 84,978 0
BANCO DE SANTANDER 185,110 185,110 0
BANCO FRANCES DEL RIO DE LA PL 32,360 32,360 0
BANCO FRANCES DEL RIO DE LA PL 278,500 1 278,500 0
BANCO GANADERO S A 41,257 1 41,257 0
BANCO GANADERO S A 42,266 1 42,266 0
BANCO RIO DE LA PLATA SA 294,673 294,673 0
BANCO RIO DE LA PLATA SA 4,040,900 1 4,040,900 0
BANCO RIO DE LA PLATA SA 15,483,800 2 15,483,800 0
BANCO SANTANDER P R SAN JUAN 11,816 11,816 0
BANCO WIESE 24,000 1 24,000 0
BANCO SANTANDER CHILE 6,616,400 1 6,616,400 0
BANCO SANTANDER CHILE 13,410,477 0 2 13,410,477 0
BANCO SANTIAGO 16,410 16,410 0
BANCOLOMBIA S A 25,200 25,200 25200
BANCOLOMBIA S A 235,750 3 235,750 0
BANCOLOMBIA S A 707,935 1 707,935 0
BANK ONE CORP 5,184 5,184 0
BANKAMERICA CORP NEW 18,397 18,397 0
BELL ATLANTIC CORP 9,336 9,336 0
BELLSOUTH CORP 23,580 23,580 0
BEST BUY INC 6,200 6,200 0
BRISTOL MYERS SQUIBB CO 10,394 10,394 0
CBS CORP 8,636 8,636 0
CIGNA CORP 8,430 8,430 0
CVS CORP 11,329 11,329 0
CAMBRIDGE TECH PARTNERS MASS 16,000 16,000 0
CAPITAL ONE FINL CORP 5,200 5,200 0
CARNIVAL CORP 10,000 10,000 0
CATERPILLAR INC DEL 4,861 4,861 0
CENDANT CORP 100,000 4 100,000 0
CENTRAL PAC MINERALS NL 69,500 69,500 0
CHASE MANHATTAN CORP NEW 32,023 32,023 0
CISCO SYS INC 23,041 23,041 0
CITIGROUP INC 97,822 97,822 0
CITRIX SYS INC 4,400 4,400 0
CLOROX CO DEL 4,300 4,300 0
COCA COLA CO 66,334 66,334 0
COCA-COLA FEMSA S A DE C V 13,200 13,200 0
COLGATE PALMOLIVE CO 3,200 3,200 0
COLGATE PALMOLIVE CO 3,489 3,489 0
COMPANHIA BRASILEIRA DE DISTRB 16,800 1 16,800 0
COMPANHIA CERVEJARIA BRAHMA 120,000 120,000 0
COMPANHIA PARANAENSE ENERG COP 877,122 877,122 0
COMPANIA ANONIMA NACIONL TEL 57,130 57,130 0
COMPANIA ANONIMA NACIONL TEL 143,940 1 143,940 0
COMPANIA DE MINAS BUENAVENTURA 49,900 49,900 0
COMPANIA DE MINAS BUENAVENTURA 19,600 1 19,600 0
COMPANIA DE TELECOMUNICS CHILE 173,575 173,575 0
COMPANIA DE TELECOMUNICS CHILE 366,400 1 366,400 0
COMPAQ COMPUTER CORP 20,954 20,954 0
CONOCO INC 215,000 4 215,000 0
CONSORCIO G GRUPO DINA S A CV 42,000 1 42,000 0
CORIMON CA 14,000 1 14,000 0
COSTCO COMPANIES INC 5,555 5,555 0
CROWN CORK & SEAL INC 7,259 7,259 0
DTE ENERGY CO 8,400 8,400 0
DAYTON HUDSON CORP 6,200 6,200 0
DELL COMPUTER CORP 32,861 32,861 0
DELL COMPUTER CORP 35,000 4 35,000 0
DELTA AIR LINES INC DEL 6,200 6,200 0
DESC S A DE C V 141,397 141,397 0
DESC S A DE C V 101,800 1 101,800 0
DISNEY WALT CO 68,787 68,787 0
DISTRIBUCION Y SERVICIO D&S SA 222,700 222,700 0
DISTRIBUCION Y SERVICIO D&S SA 30,000 1 30,000 0
DOW CHEM CO 5,800 5,800 0
DU PONT E I DE NEMOURS & CO 8,050 8,050 0
DUKE ENERGY CORP 6,892 6,892 0
E M C CORP MASS 9,693 9,693 0
EASTMAN KODAK CO 2,912 2,912 0
EMBRATEL PARTICIPACOES S A 16,290 16,290 0
EMBRATEL PARTICIPACOES S A 119,310 3 119,310 0
EMBRATEL PARTICIPACOES S A 119,310 1 119,310 0
EMBOTELLADORA ANDINA S A 39,500 3 39,500 0
EMBOTELLADORA ANDINA S A 39,500 1 39,500 0
EMPRESAS ICA SOCIEDAD CONTRLAD 183,000 183,000 0
EMPRESAS ICA SOCIEDAD CONTRLAD 75,901 1 75,901 0
EMPRESAS LA MODERNA S A DE C V 48,000 48,000 0
EMPRESA NACIONAL DE ELCTRCIDAD 450,447 450,447 0
EMPRESA NACIONAL DE ELCTRCIDAD 27,300 3 27,300 0
EMPRESA NACIONAL DE ELCTRCIDAD 102,300 1 102,300 0
ENDESA S A 33,424 33,424 0
ENERSIS S A 69,200 69,200 0
ENTREMED INC 10,000 10,000 0
EXXON CORP 31,207 31,207 0
FPL GROUP INC 5,150 5,150 0
FEDERAL HOME LN MTG CORP 9,300 9,300 0
FEDERAL NATL MTG ASSN 6,329 6,329 0
FIRST AMERN FINL CORP 12,600 12,600 0
FLEET FINL GROUP INC NEW 8,200 8,200 0
FLUOR CORP 10,900 10,900 0
FOMENTO ECONOMICO MEXICANO SA 35,440 35,440 0
FOMENTO ECONOMICO MEXICANO SA 23,900 1 23,900 0
FORD MTR CO DEL 18,233 18,233 0
FOX ENTMT GROUP INC 14,000 14,000 0
GTE CORP 15,912 15,912 0
GAP INC DEL 10,900 10,900 0
GENER S A 16,400 16,400 0
GENER S A 62,313 1 62,313 0
GENERAL ELEC CO 59,407 59,407 0
GENERAL MTRS CORP 4,207 4,207 0
GILLETTE CO 16,600 16,600 0
GRUPO IMSA S A DE C V 56,000 56,000 0
GRUPO RADIO CENTRO S A DE C V 53,005 53,005 0
GRUPO TRIBASA S A DE C V 10,000 3 10,000 0
GRUPO TRIBASA S A DE C V 10,000 1 10,000 0
GRUPO TELEVISA SA DE CV 163,114 163,114 0
GRUPO TELEVISA SA DE CV 101,000 1 101,000 0
GRUPO IUSACELL SA DE CV 13,200 1 13,200 0
GRUPO IUSACELL SA DE CV 14,700 1 14,700 0
GRUPO ELEKTRA SA DE CV 12,040 12,040 0
GRUPO ELEKTRA SA DE CV 57,800 1 57,800 0
HERSHEY FOODS CORP 5,900 5,900 0
HEWLETT PACKARD CO 16,571 16,571 0
HOMESTAKE MNG CO 13,735 13,735 0
INTEL CORP 14,773 14,773 0
INTEL CORP 150,000 4 150,000 0
INTERNATIONAL BUSINESS MACHS 9,263 9,263 0
INTERNEURON PHARMACEUTICALS 10,000 10,000 0
JOHNSON & JOHNSON 16,595 16,595 0
JOHNSON & JOHNSON 40,000 4 40,000 0
LEHMAN BROS HLDGS INC 5,400 5,400 0
LILLY ELI & CO 15,627 15,627 0
LOCKHEED MARTIN CORP 2,596 2,596 0
LONE STAR STEAKHOUSE SALOON 10,409 10,409 0
LOWES COS INC 10,500 10,500 0
LUCENT TECHNOLOGIES INC 27,214 27,214 0
MCI WORLDCOM INC 14,437 14,437 0
MADECO SA 10,000 1 10,000 0
MANNING GREG AUCTIONS INC 442,000 1 442,000 0
MASISA S A 84,000 84,000 0
MAVESA S A 72,600 72,600 0
MAVESA S A 69,000 1 69,000 0
MCDONALDS CORP 6,642 6,642 0
MCKESSON CORP NEW 3,600 3,600 0
MEDIAONE GROUP INC 50,000 4 50,000 0
MEDTRONIC INC 4,315 4,315 0
MELLON BK CORP 4,534 4,534 0
MERCK & CO INC 21,261 21,261 0
MERRILL LYNCH & CO INC 4,000 4,000 0
MICROSOFT CORP 38,193 38,193 0
MICROSOFT CORP 98,000 4 98,000 0
MOBIL CORP 12,186 12,186 0
MORGAN J P & CO INC 2,350 2,350 0
MORGAN J P & CO INC 3,600 4 3,600 0
MORGAN STANLEY DEAN WITTER&CO 9,300 9,300 0
NBTY INC 114,474 114,474 0
NEWMONT MINING CORP 13,427 13,427 0
NOKIA CORP 4,552 4,552 0
NOVELL INC 20,000 20,000 0
ORACLE CORP 125,000 4 125,000 0
PACIFICARE HEALTH SYS DEL 3,600 3,600 0
PAIRGAIN TECHNOLOGIES INC 95,000 4 95,000 0
PAYMENTECH INC 530,900 4 530,900 0
PEPSI-GEMEX S A DE C V 64,000 1 64,000 0
PEPSICO INC 6,386 6,386 0
PHARMACIA & UPJOHN INC 5,748 5,748 0
PFIZER INC 8,307 8,307 0
PHILIP MORRIS COS INC 38,122 38,122 0
POPULAR INC 12,199 12,199 0
PORTUGAL TELECOM S A 5,000 1 5,000 0
PROCTER & GAMBLE CO 18,929 18,929 0
PROVIDIAN FINL CORP 6,750 6,750 0
PUBLIC SVC ENTERPRISE GROUP 8,500 8,500 0
QUINENCO S A 56,000 56,000 0
R & B FALCON CORP 155,000 4 155,000 0
R O C TAIWAN FD 10,500 10,500 0
RAMBUS INC DEL 24,000 4 24,000 0
ROYAL DUTCH PETE CO 10,252 10,252 0
SBC COMMUNICATIONS INC 18,527 18,527 0
SPDR TR 147,575 147,575 0
SAFECO CORP 9,000 9,000 0
SARA LEE CORP 12,720 12,720 0
SCHERING PLOUGH CORP 11,500 11,500 0
SOCIEDAD QUIMICA MINERA DE CHI 20,200 20,200 0
SOUTHERN CO 15,198 15,198 0
SOUTHERN PAC PETE NL 25,002 25,002 0
SPLASH TECHNOLOGY HLDGS INC 23,321 23,321 0
SPRINT CORP 2,846 2,846 0
SUN MICROSYSTEMS INC 11,470 11,470 0
SUNAMERICA INC 82,701 1 82,701 0
TIG HLDGS INC 153,300 4 153,300 0
TJX COS INC NEW 7,000 7,000 0
TAIWAN SEMICONDUCTOR MFG LTD 24,457 24,457 0
TELE CELULAR SUL PART S A 11,930 1 11,930 0
TELE CENTRO SUL PART S A 23,862 1 23,862 0
TELE CENTRO OESTE CELULAR S A 31,133 31,133 0
TELE CENTRO OESTE CELULAR S A 39,768 3 39,768 0
TELE CENTRO OESTE CELULAR S A 39,768 1 39,768 0
TELE NORTE LESTE PART S A 21,400 21,400 0
TELE NORTE LESTE PART S A 119,310 1 119,310 0
TELE SUDESTE CELULAR PART S A 10,887 10,887 0
TELE SUDESTE CELULAR PART S A 23,862 1 23,862 0
TELECOMM ARGENTINA STET-FRANCE 31,520 31,520 0
TELECOMM ARGENTINA STET-FRANCE 92,700 1 92,700 0
TELECOMUNICACOES BRASILEIRAS S 119,310 1 119,310 0
TELECOMUNICACOES BRASILEIRAS S 193,292 1 193,292 0
TELECOMUNICACOES BRASILEIRAS S 30,565 1 30,565 0
TELECOMUNICACOES BRASILEIRAS 19,108 1 19,108 0
TELEFONICA DE ARGENTINA S A 89,600 89,600 0
TELEFONICA DE ARGENTINA S A 430,262 1 430,262 0
TELEFONICA DEL PERU S A 147,053 147,053 0
TELEFONICA DEL PERU S A 47,000 1 47,000 0
TELEFONOS DE MEXICO S A 313,538 313,538 0
TELEFONOS DE MEXICO S A 3,642,430 1 3,642,430 0
TELEMIG CELULAR PART S A 1,035,089 1,035,089 510903
TELESP PARTICIPACOES S A 119,310 3 119,310 0
TELESP PARTICIPACOES S A 119,435 1 119,435 0
TELESP CELULAR PART S A 47,724 3 47,724 0
TELESP CELULAR PART S A 47,724 1 47,724 0
TELLABS INC 20,000 4 20,000 0
TEMPLETON CHINA WORLD FD INC 21,000 21,000 0
TEXAS INSTRS INC 2,500 2,500 0
3COM CORP 13,942 13,942 0
TIME WARNER INC 18,628 18,628 0
TRANSCANADA PIPELINES LTD 10,000 10,000 0
TRANSOCEAN OFFSHORE INC 1,200,000 4 1,200,000 0
TRANSPORTADORA DE GAS SUR 73,900 73,900 0
TRANSPORTADORA DE GAS SUR 187,188 1 187,188 0
TUBOS DE ACERO DE MEXICO S A 101,000 101,000 0
TUBOS DE ACERO DE MEXICO S A 47,800 1 47,800 0
TYCO INTL LTD NEW 6,371 6,371 0
UNIBANCO-UNIAO DE BANCOS BRASL 30,815 30,815 0
UNILEVER N V 2,900 2,900 0
UNISYS CORP 13,000 13,000 0
U S WEST INC NEW 8,400 8,400 0
VIACOM INC 8,700 8,700 0
VINA CONCHA Y TORO S A 50,400 50,400 0
VINA CONCHA Y TORO S A 41,400 1 41,400 0
VITRO SOCIEDAD ANONIMA 111,500 1 111,500 0
WEBS INDEX FD INC 14,729 14,729 0
WAL MART STORES INC 31,003 31,003 0
WARNER LAMBERT CO 13,640 13,640 0
XEROX CORP 7,624 7,624 0
YPF SOCIEDAD ANONIMA 410,049 410,049 0
YPF SOCIEDAD ANONIMA 269,300 1 269,300 0
YAHOO INC 2,640 2,640 0
CREDICORP LTD 63,723 1 63,723 0
</TABLE>
