Sfrs. Bio
Increase (decrease) of amounts under 
management by Swiss funds                                2.6
Same for the last 12 months                             (3.6)

Total net assets under management
 per 30 June 1995                                      171.16

Trends:         For bond funds                  decrease
                For equity funds                increase
                For money market funds          very substantial 								increase
                                                (basically all 
                                                of the 
                                                additional 									monies)

Currencies:
DM and Swiss Francs                             less favoured
Dollar                                          strongly favoured
ECU                                             out of favour

Other points to note:
It appears that Swiss Bank Corporation's volume went up
Sfrs. 2.15 Mio. while Union Bank of Switzerland's fund decreased by 
Sfrs 1.37 Bio.

For further information contact Debbie Grauf on +411 249 3131 or enter text search "KPMG Fides" and "Business Monitor".