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                                                                    EXHIBIT 23.5
 
                              ACCOUNTANTS' CONSENT
 
The Board of Directors
   
First Quadrant:
    
 
     We consent to the use of our report included herein and to the reference to
our firm under the heading "Experts" in the Prospectus.
 
                                              /s/ KPMG PEAT MARWICK LLP
                                          --------------------------------------
                                                  KPMG Peat Marwick LLP
 
Los Angeles, California
   
October 7, 1997