UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Quarter Ended : June 30, 1999
Institutional Investment Manager Filing this report :
Name : Baring Asset Management, Inc.
Address : Suite 2700
High Street Tower
125 High Street
Boston
MA 02110
13F File Number : 28-4544
The institutional investment maanger filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists and tables are considered integral parts of
this form.
Person Signing this report on behalf of reporting manager :
Name : Wick Sloane
Title : Chief Operating Officer
Phone : 617-946-5205
Signature, Place and Date of Signing :
Wick Sloane Boston, MA. July 27, 1999
Report Type :
[X] 13F HOLDINGS REPORT
[ ] 13F NOTICE
[ ] 13F COMBINATION REPORT
List of other managers reporting for this manager :
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary :
Number of Other Included Managers : 1
Form 13F Information Table Entry Total : 203
Form 13F Information Table Value Total : 3976475
List of Other Included Managers :
No. 13F File Number Name
01 28-7516 ING MUTUAL FUNDS MANAGEMENT CO. LLC
<PAGE>
<TABLE>
<C> <C>
ITEM 1 ITEM 2 ITEM 3 ITEM 4 ITEM 5
ITEM 6 ITEM 7 ITEM 8
Name of Issuer Title of Class Cusip Fair Shares
- ----Investment Discretion---- ------Voting Authority------
Code Market or
Shared
Value Principal Sole
Shared Other Mgrs Sole Shared None
- -------------------- -------------- --------- --------- --------- ---------
- --------- --------- ------ --------- --------- ---------
24-7 MEDIA COM 901314104 231 6000 6000
0 0 01 3000 3000 0
ABERCROMB & FITCH COM 002896207 1075 22400 22400
0 0 01 11400 11000 0
AIB COM 018998203 224 17000 17000
0 0 0 0 17000
ALCOA INC COM 013817101 2729 44100 44100
0 0 44100 0 0
ALLEGHENY TELEDYN COM 017415100 1118 49400 49400
0 0 49400 0 0
ALLSTATE CORP COM 020002101 26950 751200 751200
0 0 01 216100 79200 455900
AMER INTL GROUP COM 026874107 122960 1048696 1048696
0 0 01 503963 93925 450808
AMERICA ONLINE COM 02364J104 61633 560300 560300
0 0 01 292200 47300 220800
AMERICAN EXPRESS COM 025816109 57606 442700 442700
0 0 01 257000 42200 143500
AMERITRADE HLDG COM 03072H109 212 2000 2000
0 0 01 900 1100 0
ARACRUZ CELULOSE ADR 038496204 8342 379200 379200
0 0 379200 0 0
ASSOCS FIRST CAP COM 046008108 662 15000 15000
0 0 15000 0 0
ATLANTIC RICHFLD COM 048825103 2014 24100 24100
0 0 24100 0 0
AVON PRODUCTS COM 054303102 52126 939200 939200
0 0 01 544000 93200 302000
BANCO GALICIA COM 059538207 1640 81000 81000
0 0 81000 0 0
BANCO SANTANDER ADR 05965F108 2753 177600 177600
0 0 177600 0 0
BANCOLOMBIA ADR 05968L102 749 157600 157600
0 0 157600 0 0
BANK OF NEW YORK COM 064057102 43067 1173900 1173900
0 0 01 367600 174000 632300
BARRETT RESOURCES COM 068480201 295 7700 7700
0 0 01 3900 3800 0
BAUSCH & LOMB INC COM 071707103 1071 14000 14000
0 0 01 7000 7000 0
BED BATH & BEYOND COM 075896100 27843 723200 723200
0 0 01 337400 95900 289900
BIOGEN INC COM 090597105 5209 81000 81000
0 0 01 59000 13800 8200
BIOMET INC COM 090613100 239 6000 6000
0 0 01 3000 3000 0
BLUE SQUARE ADR 096055108 713 44900 44900
0 0 44900 0 0
BOWATER INC COM 102183100 237 5000 5000
0 0 5000 0 0
BRASIL DISTR(PAO) ADR 20440T201 6961 372500 372500
0 0 372500 0 0
CALPINE CORP COM 131347106 297 5500 5500
0 0 01 2800 2700 0
CAPITAL ONE FIN COM 14040H105 1392 25000 25000
0 0 25000 0 0
CARDINAL HEALTH COM 14149Y108 12014 187350 187350
0 0 01 86050 24050 77250
CARNIVAL CORP COM 143658102 69825 1439700 1439700
0 0 01 730100 131600 578000
CDW COMPUTER CTR COM 125129106 898 20400 20400
0 0 01 10200 10200 0
CELESTIAL SEASON COM 151016102 239 11100 11100
0 0 11100 0 0
CHEVRON CORP COM 166751107 684 7200 7200
0 0 7200 0 0
CHILDRENS PLACE COM 168905107 531 13100 13100
0 0 01 6900 6200 0
CHURCH & DWIGHT COM 171340102 265 6100 6100
0 0 01 3100 3000 0
CIA TELEFONOS VEN ADR 204421101 11093 407100 407100
0 0 01 407100 0 0
CISCO SYSTEMS COM 17275R102 127901 1984892 1984892
0 0 01 1049042 157700 778150
CITIGROUP COM 172967101 123836 2607075 2607075
0 0 01 1322826 218062 1066187
CNF TRANSPORT COM 12612W104 485 12600 12600
0 0 01 7000 5600 0
COASTAL CORP COM 190441105 616 15300 15300
0 0 15300 0 0
COCA-COLA CO COM 191216100 78058 1259000 1259000
0 0 01 687730 81420 489850
COCA-COLA FEMSA ADS 191241108 10461 539900 539900
0 0 539700 0 200
COMPUTER NETWORK COM 204925101 863 39900 39900
0 0 01 20100 19800 0
COMVERSE TECH INC COM 205862402 13137 174000 174000
0 0 01 80300 26800 66900
CONCORD EFS COM 206197105 1532 36200 36200
0 0 01 18100 18100 0
COPART INC COM 217204106 274 12900 12900
0 0 01 6500 6400 0
COPEL(PARANAENSE) ADR 20441B407 10767 1285600 1285600
0 0 1285600 0 0
COST PLUS INC COM 221485105 555 12200 12200
0 0 01 6100 6100 0
CREDICORP COM G2519Y108 4719 429000 429000
0 0 429000 0 0
CYPRESS SEMICOND COM 232806109 533 31100 31100
0 0 01 16900 14200 0
DANAHER CORP COM 235851102 26342 453200 453200
0 0 01 209500 61000 182700
DELL COMPUTERS COM 247025109 22596 610700 610700
0 0 01 333900 62900 213900
DESC ADS 250309101 13706 605800 605800
0 0 605300 0 500
DEVON ENERGY CORP COM 251799102 1110 31000 31000
0 0 01 27100 3900 0
DEVRY INC COM 251893103 808 36100 36100
0 0 01 18200 17900 0
DIAL CORP COM 25247D101 18155 488200 488200
0 0 01 229200 72400 186600
DOLLAR GENERAL COM 256669102 24422 842125 842125
0 0 01 398625 105625 337875
E-TRADE GROUP COM 269246104 212 5300 5300
0 0 01 2700 2600 0
ECI TELECOM COM 268258100 2894 87210 87210
0 0 87210 0 0
EDUCATION MGMT COM 28139T101 212 10200 10200
0 0 01 5200 5000 0
ELAN CORP ADR 284131208 1531 55180 55180
0 0 0 0 55180
ELECTN FOR IMAGE COM 286082102 863 16800 16800
0 0 01 8900 7900 0
ELECTRONIC ARTS COM 285512109 1411 26000 26000
0 0 01 13000 13000 0
ELRON ELECTRONICS COM 290160100 272 11100 11100
0 0 11100 0 0
EMBOT ANDINA ADR 29081P204 3516 175800 175800
0 0 175800 0 0
EMC CORP(MASS) COM 268648102 30608 556500 556500
0 0 01 210400 52100 294000
ENCAL ENERGY COM 29250D107 570 116400 116400
0 0 116400 0 0
ENERSIS ADR 29274F104 8034 351198 351198
0 0 351198 0 0
ENTRUST TECH COM 293848107 1097 33000 33000
0 0 01 16500 16500 0
EVERGREEN RES INC COM 299900308 1018 40400 40400
0 0 40400 0 0
EXPEDITORS INTERN COM 302130109 234 8600 8600
0 0 01 4600 4000 0
EXXON CORP COM 302290101 77258 1001720 1001720
0 0 01 478120 102200 421400
FACTSET RESEARCH COM 303075105 334 5900 5900
0 0 01 3100 2800 0
FAMILY DLR STORES COM 307000109 821 34200 34200
0 0 01 17200 17000 0
FLOWERS IND INC COM 343496105 883 40700 40700
0 0 01 19700 21000 0
FOMENTO ECONOMICO ADR 344419106 11133 279200 279200
0 0 278800 0 400
FONDO VAL INMOBIL ADR 302669304 368 126236 126236
0 0 126236 0 0
FORD MOTOR CO COM 345370100 8279 146700 146700
0 0 42500 0 104200
FORMULA SYSTEMS ADR 346414105 465 15150 15150
0 0 15150 0 0
GANNETT CO COM 364730101 69084 967900 967900
0 0 01 502700 74800 390400
GAP INC COM 364760108 31548 626267 626267
0 0 01 314959 90812 220496
GENERAL ELEC(US) COM 369604103 168999 1495570 1495570
0 0 01 788770 126300 580500
GENTEX CORP COM 371901109 694 24800 24800
0 0 01 12400 12400 0
GEORGIA PACIFIC COM 373298702 833 33000 33000
0 0 33000 0 0
GILAT SATELLITE COM M51474100 317 6040 6040
0 0 6040 0 0
GILEAD SCIENCES COM 375558103 334 6400 6400
0 0 01 3200 3200 0
GLOBAL TELESYSTEM COM 37936U104 1085 13400 13400
0 0 13400 0 0
GRUPO IMSA ADR 40048T106 6410 400600 400600
0 0 400600 0 0
GRUPO TELEVISA ADR 40049J206 31391 700500 700500
0 0 01 699700 0 800
HARLEY DAVIDSON COM 412822108 32962 606200 606200
0 0 01 271300 71800 263100
HARTE-HANKS INC COM 416196103 3597 132600 132600
0 0 01 105400 9700 17500
HCC INS HOLDING COM 404132102 642 28300 28300
0 0 01 14500 13800 0
HEWLETT-PACKARD COM 428236103 50662 504100 504100
0 0 01 249100 51200 203800
HOLLINGER INTL COM 435569108 778 65500 65500
0 0 01 31800 33700 0
HOME DEPOT INC COM 437076102 104805 1626456 1626456
0 0 01 849600 113764 663092
HONEYWELL INC COM 438506107 20904 180400 180400
0 0 01 64700 34700 81000
HUANENG PWR INTL ADR 443304100 2360 137800 137800
0 0 137800 0 0
IMPERIAL OIL COM 453038408 324 17100 17100
0 0 17100 0 0
INCO COM 453258709 2388 216100 216100
0 0 216100 0 0
INDIA FUND COM 454089103 890 89600 89600
0 0 89600 0 0
INSPIRE INSURANCE COM 457732105 1160 80000 80000
0 0 80000 0 0
INTEL CORP COM 458140100 14708 247200 247200
0 0 76100 0 171100
INTL BUSINESS MA COM 459200101 161069 1246180 1246180
0 0 01 613180 103800 529200
INTL NETWRK SERV COM 460053101 4056 100450 100450
0 0 01 74400 15700 10350
INTL SPEEDWAY COM 460335201 285 6000 6000
0 0 01 3000 3000 0
INTUIT INC COM 461202103 595 6600 6600
0 0 01 3300 3300 0
JDS UNIPHASE CORP COM 46612J101 7005 42200 42200
0 0 01 34600 1300 6300
JOHNSON & JOHNSON COM 478160104 97206 991900 991900
0 0 01 541200 87800 362900
KERR-MCGEE CORP COM 492386107 828 16500 16500
0 0 16500 0 0
KIMBERLY CLK MEX ADR 494386204 526 25800 25800
0 0 25800 0 0
KLA-TENCOR COM 482480100 701 10800 10800
0 0 01 5400 5400 0
KNIGHT-TRIMARK GR COM 499067106 1086 17800 17800
0 0 01 9000 8800 0
KOOR INDUSTRIES ADR 500507108 1154 49390 49390
0 0 49390 0 0
LAMAR ADVERTISING COM 512815101 1351 33000 33000
0 0 01 16300 16700 0
LINENS & THINGS COM 535679104 779 17800 17800
0 0 01 8900 8900 0
LUCENT TECH COM 549463107 125828 1865840 1865840
0 0 01 997436 144804 723600
MATAV RT ADS 559776109 6331 230200 230200
0 0 230200 0 0
MCDONALD'S CORP COM 580135101 90496 2200500 2200500
0 0 01 1092200 184700 923600
MCI WORLDCOM INC COM 55268B106 149806 1740670 1740670
0 0 01 835320 171750 733600
MCLEODUSA INC COM 582266102 275 5000 5000
0 0 01 2500 2500 0
MEDTRONIC INC COM 585055106 74328 954450 954450
0 0 01 488150 69700 396600
MERCK & CO INC COM 589331107 80971 1099776 1099776
0 0 01 601076 86900 411800
MERCURY INTERACT COM 589405109 538 15200 15200
0 0 01 7600 7600 0
METALS USA INC COM 591324108 1107 86800 86800
0 0 01 42300 44500 0
METROMEDIA FIBER COM 591689104 3177 88400 88400
0 0 74400 0 14000
MEXICO FUND COM 592835102 693 40000 40000
0 0 40000 0 0
MICROSOFT CORP COM 594918104 180651 2003060 2003060
0 0 01 1015960 166600 820500
MILLENNIUM PHARM COM 599902103 608 16900 16900
0 0 01 8500 8400 0
MINAS BUENAVENTRA ADR 204448104 443 28950 28950
0 0 28950 0 0
MOBIL CORP COM 607059102 3338 33800 33800
0 0 33800 0 0
MORGAN STANLEY DW COM 617446448 75953 740100 740100
0 0 01 386300 70300 283500
NETWORK APPLIANCE COM 64120L104 352 6300 6300
0 0 01 3300 3000 0
NEXTLINK COMM COM 65333H707 4656 62600 62600
0 0 01 53700 2500 6400
NOVELLUS SYSTEMS COM 670008101 341 5000 5000
0 0 01 2500 2500 0
NTL INC COM 629407107 1146 13300 13300
0 0 13300 0 0
OMNICOM GROUP COM 681919106 70904 886300 886300
0 0 01 478500 62300 345500
ORBOTECH COM M75253100 3831 73500 73500
0 0 73500 0 0
OUTBACK STEAKHSE COM 689899102 613 15600 15600
0 0 01 7600 8000 0
PANAMERICAN BEV COM P74823108 1267 53200 53200
0 0 01 53200 0 0
PAPA JOHNS INTL COM 698813102 308 6900 6900
0 0 01 3400 3500 0
PENTAIR INC COM 709631105 650 14200 14200
0 0 01 6700 7500 0
PFIZER INC COM 717081103 69286 635650 635650
0 0 01 297700 72300 265650
PHILIPPINE LDT ADR 718252604 3362 111363 111363
0 0 0 0 111363
PHILLIPS PETROL COM 718507106 483 9600 9600
0 0 9600 0 0
PITNEY BOWES COM 724479100 6541 101800 101800
0 0 86500 0 15300
PLAINS RESOURCES COM 726540503 600 31600 31600
0 0 31600 0 0
POHANG IRON&STEEL ADR 730450103 24979 742875 742875
0 0 435593 0 307282
PRECISION DRILL COM 74022D100 276 14500 14500
0 0 01 7300 7200 0
PROTECT LIFE CORP COM 743674103 1156 34000 34000
0 0 01 18200 15800 0
RADIAN GROUP INC COM 750236101 1254 25700 25700
0 0 01 12900 12800 0
ROC TAIWAN FUND COM 749651105 3143 389800 389800
0 0 389800 0 0
ROSS STORES INC COM 778296103 1471 29200 29200
0 0 01 14200 15000 0
SAFEWAY INC COM 786514208 57248 1156520 1156520
0 0 01 555520 97100 503900
SCHERING-PLOUGH COM 806605101 40583 773000 773000
0 0 01 390700 85200 297100
SCHWAB (CHARLES) COM 808513105 16993 155900 155900
0 0 01 82300 15500 58100
SCIENT ATLANTA COM 808655104 302 8400 8400
0 0 01 4200 4200 0
SFX ENTERTAINMENT COM 784178105 499 7800 7800
0 0 01 3300 4500 0
SIEBEL SYSTEMS COM 826170102 743 11200 11200
0 0 01 5700 5500 0
SK TELECOM ADS 78440P108 4395 271267 271267
0 0 176134 0 95133
SMURFIT-STONE COM 832727101 631 30700 30700
0 0 30700 0 0
SNYDER COMM INC COM 832914105 7169 218900 218900
0 0 01 166900 25500 26500
SOCIEDAD QUIMICA ADR 833635105 2558 72300 72300
0 0 72300 0 0
SOUTH PERU COPPER COM 843611104 1288 89200 89200
0 0 01 89200 0 0
STILLWATER MINING COM 86074Q102 938 28850 28850
0 0 28850 0 0
SUN MICROSYSTEMS COM 866810104 48013 697100 697100
0 0 01 334400 85700 277000
SUNCOR ENERGY INC COM 867229106 583 14300 14300
0 0 14300 0 0
SUNGARD DATA SYS COM 867363103 894 25900 25900
0 0 01 13000 12900 0
SUNRISE ASSISTED COM 86768K106 429 12300 12300
0 0 01 6200 6100 0
SWIFT TRANS CO COM 870756103 813 36975 36975
0 0 01 17850 19125 0
SYSCO CORP COM 871829107 22318 748600 748600
0 0 01 376900 82500 289200
TAIWAN FUND INC COM 874036106 3196 154000 154000
0 0 154000 0 0
TAIWAN SEMICONDUC ADS 874039100 5982 175953 175953
0 0 103953 0 72000
TALISMAN ENERGY COM 87425E103 501 18500 18500
0 0 18500 0 0
TANDY CORP COM 875382103 27199 556500 556500
0 0 01 263600 69500 223400
TELECENTRO SUL PT ADR 879239101 8258 148800 148800
0 0 148800 0 0
TELECOM DE CHILE ADR 204449300 13046 527100 527100
0 0 527100 0 0
TELEFON ARGENTINA ADR 879378206 2468 78650 78650
0 0 78650 0 0
TELEFONICA PERU ADR 879384105 4725 312400 312400
0 0 312400 0 0
TELEFONOS MEXICO ADR 879403780 50589 626000 626000
0 0 625500 0 500
TELESP PART ADR 87952K100 3621 158300 158300
0 0 158300 0 0
TERADYNE INC COM 880770102 1306 18200 18200
0 0 01 9500 8700 0
TEVA PHARM INDS ADR 881624209 2773 56600 56600
0 0 56600 0 0
TEXAS INSTRUMENTS COM 882508104 71179 494300 494300
0 0 01 280900 39300 174100
TMP WORLDWIDE INC COM 872941109 1308 20600 20600
0 0 01 10300 10300 0
TOWER AUTOMOTIVE COM 891707101 1236 48600 48600
0 0 01 23600 25000 0
TRICON GLOBAL RES COM 895953107 23826 440200 440200
0 0 01 207500 54400 178300
TYCO INTL LTD COM 902124106 120863 1275600 1275600
0 0 01 619100 109700 546800
UNITED RENTALS COM 911363109 804 27250 27250
0 0 01 14200 13050 0
VERISIGN COM 92343E102 828 9600 9600
0 0 01 4800 4800 0
VERITAS SOFTWARE COM 923436109 16956 178600 178600
0 0 01 101850 19450 57300
VINTAGE PETROLEUM COM 927460105 667 62000 62000
0 0 62000 0 0
VITESSE SEMICOND COM 928497106 661 9800 9800
0 0 01 5300 4500 0
WAL-MART STORES COM 931142103 163237 3383140 3383140
0 0 01 1727740 280600 1374800
WARNER-LAMBERT COM 934488107 77572 1122200 1122200
0 0 01 610000 73900 438300
WATERS CORP COM 941848103 1264 23800 23800
0 0 01 12400 11400 0
WELLS FARGO & CO COM 949746101 125745 2941400 2941400
0 0 01 1448400 256100 1236900
WHOLE FOODS MKT COM 966837106 332 6900 6900
0 0 6900 0 0
WILLIAM COMPANIES COM 969457100 341 8000 8000
0 0 8000 0 0
XEROX CORP COM 984121103 63309 1071900 1071900
0 0 01 555300 87600 429000
XOMED SURGICAL COM 98412V107 633 13000 13000
0 0 01 6900 6100 0
YAHOO INC COM 984332106 689 4000 4000
0 0 4000 0 0
YOUNG & RUBICAM COM 987425105 936 20600 20600
0 0 01 10300 10300 0
ZIONS BANCORP COM 989701107 572 9000 9000
0 0 01 4500 4500 0
</TABLE>
