FORM 10-Q
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                 (X) QUARTERLY REPORT UNDER SECTION 13 or 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934
               OR ( ) TRANSITION REPORT UNDER SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934



For the Quarter Ended June 30, 2004

Commission File Number 000-30455
                       ---------



            SALOMON SMITH BARNEY GLOBAL DIVERSIFIED FUTURES FUND L.P.
             (Exact name of registrant as specified in its charter)

            New York                                     13-4015586
    (State or other jurisdiction of                    (I.R.S. Employer
    incorporation or organization)                     Identification No.)

                        c/o Citigroup Managed Futures LLC
                           399 Park Avenue. - 7th Fl.
                            New York, New York 10022
              (Address and Zip Code of principal executive offices)

                                 (212) 559-2011
              (Registrant's telephone number, including area code)



Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days.



                                    Yes X    No ____

Indicate  by check mark  whether  the  registrant  is an  accelerated  filer (as
defined in Rule 12b-2 of the Exchange Act).

                                    Yes____  No X


<PAGE>



            SALOMON SMITH BARNEY GLOBAL DIVERSIFIED FUTURES FUND L.P.
                                    FORM 10-Q
                                      INDEX

                                                                    Page
                                                                   Number
PART I - Financial Information:

   Item 1.   Financial Statements:

             Statements of Financial Condition
             at June 30, 2004 and December 31,
             2003 (unaudited).                                          3

             Condensed Schedules of Investments
             at June 30, 2004 and December 31,
             2003 (unaudited).                                        4 - 5

             Statements of Income and Expenses
             and Partners' Capital for the three and six
             months ended June 30,
             2004 and 2003 (unaudited).                                 6

             Statements of Cash Flows for the three
             and six months ended June 30, 2004 and
             2003 (unaudited).                                         7

             Notes to Financial Statements
             (unaudited).                                            8 - 11

   Item 2.   Management's Discussion and
             Analysis of Financial Condition
             and Results of Operations.                              12- 14

   Item 3.   Quantitative and Qualitative
             Disclosures about Market Risk.                          15- 16

   Item 4.   Controls and Procedures.                                  17

PART II - Other Information                                            18

                                       2
<PAGE>


                                     Part I
                          Item 1. Financial Statements

            Salomon Smith Barney Global Diversified Futures Fund L.P.
                        Statement of Financial Condition
                                   (Unaudited)

<TABLE>
<CAPTION>
<S>                                                          <C>           <C>
                                                           June 30,   December 31,
                                                             2004         2003
                                                       -----------    -------------
ASSETS:

Equity in commodity futures trading account:
   Cash (restricted $4,944,518 and $6,640,283 in 2004
     and 2003, respectively)                            $49,776,848   $52,664,213
   Net unrealized appreciation on open
     futures positions                                      565,916     1,254,503
   Unrealized appreciation on open forward contracts        950,651     3,866,171
                                                        -----------   -----------
                                                         51,293,415    57,784,887
Interest receivable                                          34,618        30,142
                                                        -----------   -----------
                                                        $51,328,033   $57,815,029
                                                        ===========   ===========
LIABILITIES AND PARTNERS' CAPITAL:
Liabilities:
   Unrealized depreciation on open forward contracts     $1,780,710    $1,573,552
   Accrued expenses:
     Commissions                                            219,457       257,940
     Management fees                                         70,486        80,143
     Incentive fees                                         233,937     1,953,719
     Other                                                   70,154        52,169
   Redemptions payable                                      361,780       190,508
                                                        -----------   -----------
                                                          2,736,524     4,108,031
                                                        -----------   -----------
Partners' Capital:
General Partner, 619.7983 Unit
   equivalents outstanding in 2004 and 2003                 807,974       857,956
Limited Partners, 36,654.9016 and 38,178.7765
   Redeemable Units of Limited Partnership Interest
   outstanding in 2004 and 2003, respectively            47,783,535    52,849,042
                                                        -----------   -----------
                                                         48,591,509    53,706,998
                                                        -----------   -----------
                                                        $51,328,033   $57,815,029
                                                        ===========   ===========
</TABLE>

See Accompanying Notes to Unaudited Financial Statements.


                                       3

<PAGE>
            Salomon Smith Barney Global Diversified Futures Fund L.P.
                        Condensed Schedule of Investments
                                  June 30, 2004
                                   (Unaudited)
<TABLE>
<CAPTION>
<S>                                             <C>                                                           <C>
Sector                                       Contract                                                        Fair Value
--------                                     --------------------------                                   -----------------
Currencies
                                             Futures contracts purchased  (0.19)%                                $ (91,355)
                                             Futures contracts sold  (0.09)%                                       (47,386)
                                                                                                          ------------------
                                                 Total futures contracts (0.28)%                                  (138,741)

                                             Unrealized appreciation on forward contracts 0.61%                    297,226
                                             Unrealized depreciation on forward contracts (1.56)%                 (758,413)
                                                                                                          ------------------
                                                 Total forward contracts (0.95)%                                  (461,187)
                                                                                                          ------------------
   Total Currencies  (1.23)%                                                                                      (599,928)
                                                                                                          ------------------
Energy
                                             Futures contracts purchased  (0.20)%                                  (98,359)
                                             Futures contracts sold  0.02%                                          10,292
                                                                                                          ------------------
  Total Energy  (0.18)%                                                                                            (88,067)
                                                                                                          ------------------
Grains
                                             Futures contracts purchased  (0.08)%                                  (39,610)
                                             Futures contracts sold  0.26%                                         128,050
                                                                                                          ------------------
   Total Grains  0.18%                                                                                              88,440
                                                                                                          ------------------
Interest Rates Non - U.S.
                                             Futures contracts purchased  (0.06)%                                  (27,922)
                                             Futures contracts sold  (0.09)%                                       (43,093)
                                                                                                          ------------------
   Total Interest Rates Non - U.S.  (0.15)%                                                                        (71,015)
                                                                                                          ------------------
Interest Rates U.S.
                                             Futures contracts purchased  0.08%                                     37,985
                                             Futures contracts sold  (0.18)%                                       (85,991)
                                                                                                          ------------------
  Total Interest Rates  (0.10)%                                                                                    (48,006)
                                                                                                          ------------------
  Lumber
                                             Futures contracts purchased  0.02%                                     10,626
                                             Futures contracts sold (0.01)%                                         (4,719)
                                                                                                          ------------------
  Total Lumber  0.01%                                                                                                5,907
                                                                                                          ------------------

Total Livestock  0.71%                       Futures contracts purchased  0.71%                                    342,930
                                                                                                          ------------------
Metals
                                             Futures contracts purchased  (0.01)%                                   (3,510)
                                             Futures contracts sold 0.01%                                            4,225
                                                                                                          ------------------
                                                 Total futures contracts 0.00%*                                        715
                                                                                                          ------------------

                                             Unrealized appreciation on forward contracts 1.34%                    653,425
                                             Unrealized depreciation on forward contracts  (2.10)%              (1,022,297)
                                                                                                          ------------------
                                                 Total forward contracts (0.76)%                                  (368,872)
                                                                                                          ------------------
   Total Metals  (0.76)%                                                                                          (368,157)
                                                                                                          ------------------
Softs
                                             Futures contracts purchased  0.17%                                     82,145
                                             Futures contracts sold  0.61%                                         295,506
                                                                                                          ------------------
  Total Softs  0.78%                                                                                               377,651
                                                                                                          ------------------
Indices
                                             Futures contracts purchased  0.28%                                    135,467
                                             Futures contracts sold  (0.08)%                                       (39,365)
                                                                                                          ------------------
   Total Indices  0.20%                                                                                             96,102
                                                                                                          ------------------
Total Fair Value  (0.54)%                                                                                        $(264,143)
                                                                                                          ==================
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S>                  <C>                                 <C>                              <C>
                                                     Investments at                 % of Investments at
            Country Composition                        Fair Value                        Fair Value
            ---------------------                   ---------------                  ------------------
            Australia                                $       12,498                         4.73%
            Canada                                          (10,068)                       (3.81)
            France                                            5,378                         2.04
            Germany                                         (36,288)                      (13.74)
            Hong Kong                                         2,356                         0.89
            Italy                                             2,178                         0.82
            Japan                                           (96,835)                      (36.66)
            Spain                                            (8,846)                       (3.35)
            United Kingdom                                 (252,979)                      (95.77)
            United States                                   118,463                        44.85
                                                       ------------                      -------
                                                      $    (264,143)                     (100.00)%
                                                      ==============                     =======
</TABLE>
Percentages are based on Partners' capital unless otherwise indicated
* Due to Rounding
See Accompanying Notes to Unaudited Financial Statements
                                       4
<PAGE>
            Salomon Smith Barney Global Diversified Futures Fund L.P.
                        Condensed Schedule of Investments
                                December 31, 2003
                                   (Unaudited)
<TABLE>
<CAPTION>
<S>                                    <C>                                                         <C>
Sector                                Contract                                                  Fair Value
 -------------------------            ---------------------------------------                   ----------
Currencies
                                      Unrealized appreciation on forward contracts 4.38%        $2,352,507
                                      Unrealized depreciation on forward contracts (2.11)%      (1,134,174)
                                                                                                ----------
                                         Total forward contracts 2.27%                           1,218,333
                                                                                                ----------
                                      Futures contracts sold (0.00)%*                               (2,424)
                                                                                                ----------
  Total Currencies 2.27%                                                                         1,215,909
                                                                                                ----------

Total Energy 0.25%                    Futures contracts purchased 0.25%                            135,757
                                                                                                ----------

Grains
                                      Futures contracts purchased (0.01)%                           (3,869)
                                      Futures contracts sold (0.02)%                               (10,468)
                                                                                                ----------
  Total Grains (0.03)%                                                                             (14,337)
                                                                                                ----------

Total Interest Rates U.S. 0.00%*      Futures contracts purchased 0.00%*                             1,994
                                                                                                ----------

Interest Rates Non-U.S.
                                      Futures contracts purchased 0.30%                            159,039
                                      Futures contracts sold (0.08)%                               (41,544)
                                                                                                ----------
  Total Interest Rates Non-U.S. 0.22%                                                              117,495
                                                                                                ----------
Metals
                                      Futures contracts purchased 0.67%                            359,915

                                      Unrealized appreciation on forward contracts 2.82%         1,513,664
                                      Unrealized depreciation on forward contracts (0.82)%        (439,378)
                                                                                                ----------
                                         Total forward contracts 2.00%                           1,074,286
                                                                                                ----------
  Total Metals 2.67%                                                                             1,434,201
                                                                                                ----------
Softs
                                      Futures contracts purchased (0.03)%                          (14,000)
                                      Futures contracts sold 0.01%                                   2,471
                                                                                                ----------
  Total Softs (0.02)%                                                                              (11,529)
                                                                                                ----------

Total Indices 1.24%                   Futures contracts purchased 1.24%                            667,632
                                                                                                ----------
Total Fair Value on futures
and forward positions  6.60%                                                                    $3,547,122
                                                                                                ==========

                                              Investments at Fair    % of Investments
   Country Composition                               Value             at Fair Value
   ----------------------                     ----------------         ------------
   Australia                                           $12,842              0.36%
   Canada                                              154,681              4.36
   France                                                2,653              0.07
   Germany                                             152,267              4.29
   Hong Kong                                            11,883              0.34
   Italy                                               (11,804)            (0.33)
   Japan                                                27,876              0.79
   Spain                                                40,912              1.15
   Sweden                                                9,240              0.26
   United Kingdom                                    1,228,716             34.64
   United States                                     1,917,856             54.07
                                                    ----------            -------
                                                    $3,547,122            100.00%
                                                    ==========            ======
</TABLE>

  Percentages are based on Partners' capital unless otherwise indicated
  * Due to rounding
  See Accompanying Notes to Unaudited Financial Statements.
                                       5
<PAGE>


            Salomon Smith Barney Global Diversified Futures Fund L.P.
             Statements of Income and Expenses and Partners' Capital
                                   (Unaudited)

<TABLE>
<CAPTION>
<S>                                                              <C>              <C>              <C>            <C>
                                                                 Three Months Ended               Six Months Ended
                                                                      June 30,                       June 30,
                                                            ---------------------------      -------------------------
                                                               2004             2003              2004           2003
                                                            ----------------------------     --------------------------
Income:
  Net gains (losses) on trading of commodity interests:
  Realized gains (losses) on closed positions
    and foreign currencies                                   $(4,468,072)     $3,718,793      $2,966,993     $11,978,171
  Change in unrealized gains (losses) on open
    positions                                                 (3,701,868)       (524,457)     (3,811,265)     (3,710,958)
                                                              ----------       ---------       ----------     -----------
                                                              (8,169,940)      3,194,336        (844,272)      8,267,213
  Interest income                                                100,585         113,390         193,552         230,308
                                                              ----------       ---------       ----------    ------------
                                                              (8,069,355)      3,307,726        (650,720)      8,497,521
                                                              ----------       ---------       ----------    ------------
Expenses:
  Brokerage commissions including clearing fees
   of $29,572, $40,927, $56,957 and $75,518, respectively        769,739         804,106       1,591,968       1,586,084
  Management fees                                                225,012         235,164         464,050         464,008
  Incentive fees                                              (1,014,736)        427,329         233,937       1,236,291
  Other expenses                                                  17,973          18,423          37,822          36,846
                                                              ----------       ---------       ----------     ------------
                                                                  (2,012)      1,485,022       2,327,777       3,323,229
                                                              ----------       ---------       ----------     ------------
  Net income (loss)                                           (8,067,343)      1,822,704      (2,978,497)      5,174,292
Redemptions                                                   (1,371,212)     (1,609,097)     (2,136,992)     (2,849,320)
                                                              ----------       ---------       ----------     ------------
  Net increase (decrease) in Partners' capital                (9,438,555)        213,607      (5,115,489)      2,324,972
Partners' capital, beginning of period                        58,030,064      51,502,990      53,706,998      49,391,625
                                                              ----------       ---------       ----------    ------------
Partners' capital, end of period                             $48,591,509     $51,716,597     $48,591,509     $51,716,597
                                                             ===========      ==========      ==========      ===========
Net asset value per Redeemable Unit
   (37,274.6999 and 39,609.0869 Units outstanding
    at June 30, 2004 and 2003, respectively)                   $1,303.61       $1,305.67       $1,303.61       $1,305.67
                                                             ===========      ==========      ==========      ===========
Net income (loss) per Redeemable Unit of Limited
 Partnership Interest and General Partner Unit equivalent       $(212.32)         $44.67         $(80.64)        $124.72
                                                              ===========      ==========      ==========      ===========
</TABLE>

See Accompanying Notes to Unaudited Financial Statements.

                                       6
<PAGE>



            Salomon Smith Barney Global Diversified Futures Fund L.P.
                            Statements of Cash Flows
                                   (Unaudited)

<TABLE>
<CAPTION>
<S>                                                                             <C>            <C>          <C>         <C>
                                                                             Three Months Ended           Six Months Ended
                                                                                   June 30,                    June 30,
                                                                         -----------------------------------------------------------
                                                                               2004            2003          2004          2003
                                                                          ----------------------------------------------------------
Cash flows from operating activities:

  Net income (loss)                                                        $ (8,067,343)    $1,822,704   $(2,978,497)    $5,174,292
  Adjustments to reconcile net income (loss) to net cash
     provided by (used in) operating activities:
        Changes in operating assets and liabilities:
             Net unrealized appreciation on open futures positions            2,570,940        711,792       688,587      3,274,239
             Unrealized appreciation (depreciation) on open forward
              contracts                                                       1,005,609     (1,191,344)    2,915,520       (123,419)
             (Increase) decrease in interest receivable                           2,770          5,421        (4,476)         3,598
          Liabilities:
             Unrealized depreciation on open forward contracts                  125,319      1,004,009       207,158        560,138
          Accrued expenses:
             Increase (decrease) in commissions                                 (54,440)        (2,296)      (38,483)         1,939
             Increase (decrease) in management fees                             (16,501)          (885)       (9,657)           200
             Increase (decrease) in incentive fees                           (1,014,736)       427,328    (1,719,782)       (57,180)
             Increase in other                                                    8,212         18,423        17,985         36,846
          Increase (decrease) in redemptions payable                            215,212        594,128       171,272       (133,039)
                                                                           ---------------------------------------------------------
                     Net cash provided by (used in) operating
                     activities                                              (5,224,958)     3,389,280      (750,373)     8,737,614
                                                                           ---------------------------------------------------------
Cash flows from financing activities:
  Payments for redemptions                                                   (1,371,212)    (1,609,097)   (2,136,992)    (2,849,320)
                                                                           ---------------------------------------------------------
                      Net change in cash                                     (6,596,170)     1,780,183    (2,887,365)     5,888,294
                     Cash, at beginning of period                            56,373,018     52,911,089    52,664,213     48,802,978
                                                                           ---------------------------------------------------------
                     Cash, at end of period                                 $49,776,848    $54,691,272   $49,776,848    $54,691,272
                                                                           =========================================================
</TABLE>


See Accompanying Notes to Unaudited Financial Statements.
                                       7
<PAGE>


            Salomon Smith Barney Global Diversified Futures Fund L.P.
                          Notes to Financial Statements
                                  June 30, 2004
                                   (Unaudited)

1. General:

     Salomon   Smith  Barney   Global   Diversified   Futures  Fund  L.P.   (the
"Partnership") is a limited partnership organized under the laws of the State of
New York on June 15, 1998 to engage in the speculative  trading of a diversified
portfolio  of  commodity  interests  including  futures  contracts,  options and
forward  contracts.  The commodity  interests that are traded by the Partnership
are volatile and involve a high degree of market risk. The Partnership commenced
trading operations on February 2, 1999.

     Between  November  25,  1998  (commencement  of the  offering  period)  and
February 1, 1999,  33,379 Redeemable Units of limited  partnership  interest and
337 Redeemable Unit equivalents  representing the general partner's contribution
were sold at $1,000 per Redeemable  Unit. The proceeds of the offering were held
in an escrow account until February 2, 1999, at which time they were turned over
to the  Partnership  for  trading.  The  public  offering  of  Redeemable  Units
terminated on November 25, 2000.

     Citigroup  Managed  Futures LLC,  formerly Smith Barney Futures  Management
LLC, acts as the general partner (the "General Partner") of the Partnership. The
Partnership's  commodity  broker  is  Citigroup  Global  Markets  Inc.  ("CGM"),
formerly  Salomon Smith Barney Inc. CGM is an affiliate of the General  Partner.
The General  Partner is wholly owned by Citigroup  Global Markets  Holdings Inc.
("CGMHI"),  formerly Salomon Smith Barney Holdings Inc., which is the sole owner
of CGM. CGMHI is a wholly owned subsidiary of Citigroup Inc.  ("Citigroup").  As
of June 30, 2004, all trading  decisions are made for the  Partnership by Aspect
Capital Management Ltd. ("Aspect"),  Campbell & Company, Inc.,  ("Campbell") and
Altis  Partners  LTD  ("Altis")  (each  an  "Advisor"  and   collectively,   the
"Advisors").

     The accompanying  financial statements are unaudited but, in the opinion of
management,  include  all  adjustments,  consisting  only  of  normal  recurring
adjustments,  necessary for a fair presentation of the  Partnership's  financial
condition  at June 30,  2004  and  December  31,  2003  and the  results  of its
operations  and cash flows for the three and six months  ended June 30, 2004 and
2003. These financial  statements  present the results of interim periods and do
not include all disclosures  normally  provided in annual financial  statements.
You  should  read  these  financial   statements  together  with  the  financial
statements  and notes included in the  Partnership's  annual report on Form 10-K
filed with the  Securities  and Exchange  Commission for the year ended December
31, 2003.

     Due to the nature of commodity  trading,  the results of operations for the
interim  periods  presented  should not be considered  indicative of the results
that may be expected for the entire year.

                                       8




<PAGE>



            Salomon Smith Barney Global Diversified Futures Fund L.P.
                          Notes to Financial Statements
                                  June 30, 2004
                                   (Unaudited)
                                   (Continued)

2.   Financial Highlights:

     Changes  in Net Asset  Value per  Redeemable  Unit of  Limited  Partnership
Interest  for the  three and six  months  ended  June 30,  2004 and 2003 were as
follows:
<TABLE>
<CAPTION>
<S>                                                              <C>            <C>            <C>          <C>
                                                                 Three Months Ended            Six Months Ended
                                                                     June 30,                      June 30,
                                                              -----------------------      ----------------------
                                                                  2004          2003          2004         2003
                                                              -----------------------      ----------------------

Net realized and unrealized gains (losses)*                    $(235.16)       $58.60       $(66.89)      $161.10
Interest income                                                    2.65          2.79          5.06          5.61
Expenses**                                                        20.19        (16.72)       (18.81)       (41.99)
                                                               --------      ---------      ---------    ---------
Increase (decrease) for the period                              (212.32)        44.67        (80.64)       124.72
Net Asset Value per Redeemable Unit, beginning of period       1,515.93      1,261.00      1,384.25      1,180.95
                                                               --------     ---------     ---------    ---------
Net Asset Value per Redeemable Unit, end of period            $1,303.61     $1,305.67     $1,303.61     $1,305.67
                                                              =========     =========     ==========     =========

Ratios to average net assets:***

Net investment loss before incentive fees****                     (6.9)%        (7.4)%        (7.9)%        (7.3)%
                                                                  =====         ======         =====        ======

Operating expense                                                  7.6%          8.2%          7.8%          8.2%
Incentive fees                                                    (1.9)%         3.3%          0.4%          4.8%
                                                                  -----        ------          ----         -----
Total expenses                                                     5.7%         11.5%          8.2%         13.0%
                                                                  =====         ======         =====        ======

Total return:
Total return before incentive fees                               (17.2)%         4.4%         (6.9)%        13.2%
Incentive fees                                                     3.2%         (0.9)%         1.1%         (2.6)%
                                                                 ------         -----         -----         -----
Total return after incentive fees                                (14.0)%         3.5%         (5.8)%        10.6%
                                                                  =====         ======         =====        ======
</TABLE>


* Includes brokerage commissions
**  Excludes brokerage commissions
*** Annualized (other than incentive fees)
**** Interest income less total expenses (exclusive of incentive fees)

The  above  ratios  may vary for  individual  investors  based on the  timing of
capital  transactions  during  the  period.   Additionally,   these  ratios  are
calculated for the Limited  Partner class using the Limited  Partners'  share of
income, expenses and average net assets.

                                       9
<PAGE>


            Salomon Smith Barney Global Diversified Futures Fund L.P.
                          Notes to Financial Statements
                                  June 30, 2004
                                   (Unaudited)
                                   (Continued)


3.  Trading Activities:

     The  Partnership  was formed for the  purpose  of  trading  contracts  in a
variety of commodity interests,  including derivative financial  instruments and
derivative  commodity  instruments.  The  results of the  Partnership's  trading
activities  are shown in the  Statements  of Income and Expenses  and  Partners'
Capital and are  discussed in Item 2,  Management's  Discussion  and Analysis of
Financial Condition and Results of Operations.

     The  Customer   Agreement   between  the  Partnership  and  CGM  gives  the
Partnership  the legal right to net unrealized  gains and losses on open futures
positions.

     All of the  commodity  interests  owned  by the  Partnership  are  held for
trading purposes.  The average fair values of these interests during the six and
twelve  months ended June 30, 2004 and  December  31,  2003,  based on a monthly
calculation,  were $2,089,682 and $2,199,191,  respectively.  The fair values of
these commodity interests, including options thereon, if applicable, at June 30,
2004 and December 31, 2003, were $(264,143) and $3,547,122,  respectively.  Fair
values for  exchange  traded  commodity  futures and options are based on quoted
market prices for those futures and options.

4.  Financial Instrument Risk:

     In the normal course of its business the  Partnership is party to financial
instruments  with  off-balance  sheet  risk,   including   derivative  financial
instruments and derivative commodity  instruments.  These financial  instruments
may  include  forwards,  futures  and  options,  whose  values are based upon an
underlying  asset,  index,  or reference  rate, and generally  represent  future
commitments  to exchange  currencies  or cash  flows,  to purchase or sell other
financial  instruments at specific terms at specified  future dates,  or, in the
case of derivative commodity instruments, to have a reasonable possibility to be
settled in cash, through physical delivery or with another financial instrument.
These  instruments  may be traded on an  exchange or  over-the-counter  ("OTC").
Exchange  traded  instruments are  standardized  and include futures and certain
option contracts.  OTC contracts are negotiated between  contracting parties and
include forwards and certain options.

                                       10
<PAGE>


            Salomon Smith Barney Global Diversified Futures Fund L.P.
                          Notes to Financial Statements
                                  June 30, 2004
                                   (Unaudited)
                                   (Continued)




     Each of these  instruments  is subject to  various  risks  similar to those
related to the  underlying  financial  instruments  including  market and credit
risk. In general, the risks associated with OTC contracts are greater than those
associated  with  exchange  traded  instruments  because of the greater  risk of
default by the counterparty to an OTC contract.

     Market  risk is the  potential  for  changes in the value of the  financial
instruments traded by the Partnership due to market changes,  including interest
and foreign  exchange rate movements and  fluctuations  in commodity or security
prices.  Market risk is directly impacted by the volatility and liquidity in the
markets in which the related underlying assets are traded.

     Credit risk is the possibility  that a loss may occur due to the failure of
a counterparty to perform according to the terms of a contract. Credit risk with
respect to exchange traded instruments is reduced to the extent that an exchange
or  clearing  organization  acts  as a  counterparty  to the  transactions.  The
Partnership's  risk of loss in the event of  counterparty  default is  typically
limited to the amounts  recognized as unrealized  appreciation in the statements
of financial  condition and not represented by the contract or notional  amounts
of the  instruments.  The  Partnership  has credit risk and  concentration  risk
because the sole counterparty or broker with respect to the Partnership's assets
is CGM.

     The General Partner monitors and controls the  Partnership's  risk exposure
on a daily  basis  through  financial,  credit  and risk  management  monitoring
systems,   and  accordingly  believes  that  it  has  effective  procedures  for
evaluating and limiting the credit and market risks to which the  Partnership is
subject.  These  monitoring  systems allow the General Partner to  statistically
analyze actual trading  results with  risk-adjusted  performance  indicators and
correlation statistics. In addition,  on-line monitoring systems provide account
analysis  of  futures,   forwards  and  options  positions  by  sector,   margin
requirements, gain and loss transactions and collateral positions.

     The majority of these instruments  mature within one year of June 30, 2004.
However, due to the nature of the Partnership's business,  these instruments may
not be held to maturity.


                                       11
<PAGE>



Item 2. Management's  Discussion and Analysis of Financial Condition and Results
        of Operations.

Liquidity and Capital Resources

     The Partnership does not engage in the sale of goods or services.  Its only
assets are its equity in its commodity  futures trading  account,  consisting of
cash,  net  unrealized  appreciation  on open  futures  and  forward  contracts,
commodity options, if applicable,  and interest  receivable.  Because of the low
margin deposits normally required in commodity futures trading, relatively small
price  movements  may result in  substantial  losses to the  Partnership.  While
substantial  losses  could  lead to a  decrease  in  liquidity,  no such  losses
occurred during the second quarter of 2004.

     The  Partnership's  capital  consists of the capital  contributions  of the
partners,  as  increased or decreased  by realized  and/or  unrealized  gains or
losses on commodity futures trading,  expenses,  interest income,  additions and
redemptions of Redeemable Units and distributions of profits, if any.

     For the six months ended June 30, 2004,  Partnership capital decreased 9.5%
from $53,706,998 to $48,591,509. This decrease was attributable to net loss from
operations of $2,978,497,  coupled with the redemptions of 1,523.8749 Redeemable
Units of Limited  Partnership  Interest  resulting in an outflow of  $2,136,992.
Future  redemptions  can impact the amount of funds  available for investment in
commodity contract positions in subsequent periods.

Critical Accounting Policies

     The  preparation  of financial  statements  in conformity  with  accounting
principles generally accepted in the United States of America requires estimates
and  assumptions  that affect the  reported  amounts of assets and  liabilities,
revenues  and  expenses,   and  related  disclosure  of  contingent  assets  and
liabilities  at the date of the financial  statements  and  accompanying  notes.
Actual results could differ from these estimates.

     All commodity interests  (including  derivative  financial  instruments and
derivative commodity  instruments) are used for trading purposes.  The commodity
interests  are  recorded on trade date and open  contracts  are  recorded in the
statements of financial  condition at fair value on the last business day of the
period,  which represents  market value for those commodity  interests for which
market  quotations are readily  available or other measures of fair value deemed
appropriate by management of the General Partner for those  commodity  interests
and foreign  currencies for which market  quotations are not readily  available.
Investments  in  commodity  interests  denominated  in  foreign  currencies  are
translated  into U.S.  dollars  at the  exchange  rates  prevailing  on the last
business day of the period.  Realized  gains  (losses) and changes in unrealized
values on open  positions are  recognized in the period in which the contract is
closed or the changes occur and are included in net gains (losses) on trading of
commodity interests.

     Foreign currency contracts are those contracts where the Partnership agrees
to receive or deliver a fixed  quantity of foreign  currency for an  agreed-upon
price on an agreed future date. Foreign currency contracts are valued daily, and
the  Partnership's net equity therein,  representing  unrealized gain or loss on
the contracts as measured by the difference between the forward foreign exchange
rates at the  date of entry  into the  contracts  and the  forward  rates at the

                                       12
<PAGE>

reporting dates, is included in the statement of financial  condition.  Realized
gains (losses) and changes in unrealized  values on foreign  currency  contracts
are  recognized  in the period in which the  contract  is closed or the  changes
occur and are included in the  statements  of income and expenses and  partners'
capital.

Results of Operations

     During the  Partnership's  second  quarter of 2004, the net asset value per
Redeemable  Unit  decreased  14% from  $1,515.93  to $1,303.61 as compared to an
increase of 3.5% in the second  quarter of 2003. The  Partnership  experienced a
net trading  loss before  brokerage  commissions  and related fees in the second
quarter of 2004 of $8,169,940. Losses were primarily attributable to the trading
of commodity futures in currencies,  grains,  U.S. and non-U.S.  interest rates,
indices  and metals  and were  partially  offset by gains in energy,  livestock,
softs  and  lumber.  The  Partnership  experienced  a net  trading  gain  before
brokerage  commissions  and  related  fees  in the  second  quarter  of  2003 of
$3,194,336.  Gains were  primarily  attributable  to the  trading  of  commodity
futures in  currencies,  U.S. and  non-U.S.  interest  rates and were  partially
offset by losses in energy, grains, metals, softs and indices.

     During  the six  months  ended  June 30,  2004,  the net  asset  value  per
Redeemable  Unit  decreased  5.8% from  $1,384.25 to $1,303.61 as compared to an
increase  of 10.6%  in the Six  months  ended  June 30,  2003.  The  Partnership
experienced a net trading loss before brokerage  commissions and related fees in
the second quarter of 2004 of $844,272.  Losses were primarily  attributable  to
the trading of commodity futures in currencies,  softs, non-U.S. interest rates,
indices and metals were partially offset by gains in energy, grains,  livestock,
U.S. interest rates and lumber.  The Partnership  experienced a net trading gain
before  brokerage  commissions and related fees in the six months ended June 30,
2003  of  $8,267,213.  Gains  were  primarily  attributable  to the  trading  of
commodity futures in currencies,  energy,  U.S. and non-U.S.  interest rates and
were partially offset by losses in grains, metals, softs and indices.

     The lack of persistent  trends resulted in a difficult  environment for the
Advisors,  which began  precisely  as the second  quarter of 2004 got  underway.
Trends in both  financial and commodity  futures  markets had been clear for the
previous three quarters.  In the second quarter of 2004, however,  substantially
opposing  fundamental  considerations  along with benign  short-term  volatility
greatly reduced the opportunities  for the Advisors  resulting in a particularly
difficult trading environment.

     The directionless  behavior of so many markets can be explained in terms of
a perception  that a significant  change may be underway in the global  economic
cycle.  Some of the primary drivers of these  conditions have been:  softer than
expected U.S.  economic data creating  confusion with regard to forecasting  the
pace of Federal Reserve  tightening;  U.S. and international  bonds,  equity and
currency  markets coping with indications of rising  inflation,  but at the same
time,  an apparent  pause in growth;  and a fragile  Eurozone  recovery  keeping
European Central Bank monetary intervention on hold.

     Trading in all market sectors was unprofitable  for the Partnership  except
in the energy sector, base metals, and longer-term  European interest rates. The
Asian  interest  rate and currency  markets,  global stock  indices and precious
metals were the primary  contributors  to the losses while trading in crude oil,
cotton,  live cattle and copper  provided  some  profits to  mitigate  the other
losses.

                                       13
<PAGE>

     Commodity futures markets are highly volatile.  The potential for broad and
rapid price fluctuations  increases the risks involved in commodity trading, but
also increases the possibility of profit.  The  profitability of the Partnership
depends on the  existence  of major price trends and the ability of the Advisors
to correctly identify those price trends.  Price trends are influenced by, among
other things, changing supply and demand relationships,  weather,  governmental,
agricultural,   commercial  and  trade  programs  and  policies,   national  and
international  political and economic  events and changes in interest  rates. To
the extent that market trends exist and the advisors are able to identify  them,
the Partnership expects to increase capital through operations.

     Interest income on 80% of the Partnership's daily equity maintained in cash
was earned at the monthly  average  30-day  U.S.  Treasury  bill yield.  CGM may
continue  to maintain  the  Partnership  assets in cash and/or  place all of the
Partnership  assets in 90-day  Treasury bills and pay the Partnership 80% of the
interest  earned on the  Treasury  bills  purchased.  CGM will retain 20% of any
interest earned on Treasury bills.  Interest income for the three and six months
ended June 30,  2004  decreased  by $12,805  and  $36,756,  as  compared  to the
corresponding  periods  in 2003.  The  decrease  is  primarily  the  result of a
decrease in interest  rates  during the three and six months ended June 30, 2004
as compared to the corresponding periods in 2003.

     Brokerage  commissions are calculated as a percentage of the  Partnership's
adjusted  net  asset  value on the last day of each  month and are  affected  by
trading  performance  and  redemptions.  Accordingly,  they must be  compared in
relation to the  fluctuations  in the monthly net asset values.  Commissions and
fees for the three months ended June 30, 2004 decreased by $34,367,  as compared
to the corresponding  period in 2003. The decrease in brokerage  commissions for
the three  months ended June 30, 2004 is due to a decrease in average net assets
during the period.

     Management  fees are  calculated as a percentage of the  Partnership's  net
asset value as of the end of each month and are affected by trading  performance
and  redemptions.  Management  fees for the three  months  ended  June 30,  2004
decreased  by  $10,152,  as compared to the  corresponding  period in 2003.  The
decrease in management fees for the three months ended June 30, 2004 is due to a
decrease in average net assets during the period.

     Incentive  fees  paid  annually  by the  Partnership  are  based on the new
trading  profits  of the  Partnership  as  defined  in the  Limited  Partnership
Agreement.  Trading performance for the three and six months ended June 30, 2004
and 2003  resulted  in an  incentive  fee  accrual  of  $(1,014,736),  $427,329,
$233,937 and $1,236,291, respectively.


                                       14
<PAGE>



Item 3.  Quantitative and Qualitative Disclosures about Market Risk

     The  Partnership  is a speculative  commodity  pool.  The market  sensitive
instruments held by it are acquired for speculative trading purposes, and all or
substantially all of the Partnership's assets are subject to the risk of trading
loss. Unlike an operating company,  the risk of market sensitive  instruments is
integral, not incidental, to the Partnership's main line of business.

     The risk to the  limited  partners  that have  purchased  interests  in the
Partnership  is  limited  to the amount of their  capital  contributions  to the
Partnership and their share of the Partnership assets and undistributed profits.
This limited  liability is a consequence of the  organization of the Partnership
as a limited partnership under applicable law.

     Market  movements  result  in  frequent  changes  in the fair  value of the
Partnership's open positions and,  consequently,  in its earnings and cash flow.
The  Partnership's  market  risk is  influenced  by a wide  variety of  factors,
including the level and volatility of interest  rates,  exchange  rates,  equity
price  levels,   the  value  of  financial   instruments   and  contracts,   the
diversification effects of the Partnership's open positions and the liquidity of
the market in which it trades.

     The  Partnership  rapidly  acquires  and  liquidates  both  long and  short
positions in a wide range of different markets. Consequently, it is not possible
to predict how a particular future market scenario will affect performance,  and
the Partnership's  past performance is not necessarily  indicative of its future
results.

     Value at Risk is a measure  of the  maximum  amount  which the  Partnership
could  reasonably  be expected to lose in a given market  sector.  However,  the
inherent uncertainty of the Partnership's speculative trading and the recurrence
in the markets  traded by the  Partnership  of market  movements  far  exceeding
expectations could result in actual trading or non-trading losses far beyond the
indicated Value at Risk or the Partnership's  experience to date (i.e., "risk of
ruin").  In  light  of the  foregoing  as well as the  risks  and  uncertainties
intrinsic to all future projections, the inclusion of the quantification in this
section should not be considered to constitute  any assurance or  representation
that the  Partnership's  losses in any market sector will be limited to Value at
Risk or by the Partnership's attempts to manage its market risk.

     Exchange  maintenance margin requirements have been used by the Partnership
as the measure of its Value at Risk.  Maintenance margin requirements are set by
exchanges  to equal or exceed  the  maximum  losses  reasonably  expected  to be
incurred  in the fair value of any given  contract  in  95%-99%  of any  one-day
interval.  Maintenance  margin  has been  used  rather  than the more  generally
available  initial  margin,  because  initial  margin  includes  a  credit  risk
component, which is not relevant to Value at Risk.

                                       15

<PAGE>



     The following table indicates the trading Value at Risk associated with the
Partnership's  open  positions  by market  category  as of June 30, 2004 and the
highest,  lowest and average  value during the three months ended June 30, 2004.
All open position  trading risk exposures of the Partnership  have been included
in  calculating  the  figures  set  forth  below.  As  of  June  30,  2004,  the
Partnership's total  capitalization was $48,591,509.  There has been no material
change in the trading Value at Risk information previously disclosed in the Form
10-K for the year ended December 31, 2003.


                                  June 30, 2004
                                   (Unaudited)
<TABLE>
<CAPTION>
<S>                                     <C>             <C>                  <C>          <C>         <C>
                                                                          Three Months Ended June 30, 2004
                                                                      ------------------------------------
                                                  % of Total             High           Low
Market Sector                    Value at Risk  Capitalization      Value at Risk   Value at Risk    Average
-------------                   -------------  --------------      --------------- --------------    -------
Currencies
-Exchange Traded Contracts           $ 232,332          0.48%            $248,716       $134,288    $182,616
-  OTC Contracts                       892,567          1.84%           1,037,967        530,949     799.686
Energy                                 257,979          0.53%             948,624        245,217     578,174
Grains                                 224,898          0.46%             434,204        149,958     194,474
Interest rate  U.S.                    206,920          0.42%             646,773        159,740     318,915
Interest rate Non-U.S.                 796,888          1.64%           1,483,147        787,980     931,086
Livestock                              101,600          0.20%             150,200         69,400      98,700
Metals
-Exchange Traded Contracts              64,000          0.13%             298,200         64,000     101,273
-  OTC Contracts                       402,151          0.83%             428,841        259,515     379,289
Softs                                  357,268          0.74%             471,798        272,319     351,947
Indices                                912,830          1.88%           1,255,555        613,184     867,413
Lumber                                   8,000          0.02%              22,000          8,000      15,133
                               -------------------------------
Totals                              $4,457,433          9.17%
                               ===============================
</TABLE>







                                       16
<PAGE>



Item 4. Controls and Procedures

     Based on their  evaluation  of the  Partnership's  disclosure  controls and
procedures as of June 30, 2004, the Chief Executive  Officer and Chief Financial
Officer have concluded that such controls and procedures are effective.

     During the  Partnership's  last fiscal quarter,  no changes occurred in the
Partnership's  internal  control over financial  reporting that have  materially
affected,  or are  reasonably  likely to materially  affect,  the  Partnership's
internal control over financial reporting.


                                       17
<PAGE>




                           PART II. OTHER INFORMATION



Item 1.   Legal Proceedings

     The following  information  supplements and amends our discussion set forth
under Part I, Item 3 "Legal  Proceedings" in the Partnership's  Annual Report on
Form 10-K for the fiscal year ended December 31, 2003 and under Part II, Item 1.
"Legal  Proceedings" in the Partnership's  Quarterly Report on Form 10-Q for the
quarter ended March 31, 2004.

 WorldCom, Inc.

     On May 10,  2004,  Citigroup  announced  that it had  agreed  to pay  $2.65
billion to settle the WorldCom class action suits.

Item 2. Changes in  Securities,  Use of Proceeds and Issuer  Purchases of Equity
Securities - None

The  following  chart  sets  forth  the  purchases  of  Redeemable  Units by the
Partnership.
<TABLE>
<CAPTION>
<S>                                   <C>                         <C>                  <C>                   <C>
------------------------------- ----------------------- ----------------------- ---------------------- -----------------------
Period                          (a) Total Number of     (b) Average Price       (c) Total Number of    (d) Maximum Number
                                Shares (or Units)       Paid per Share (or      Shares (or Units)      (or Approximate
                                Purchased*              Unit)**                 Purchased as Part of   Dollar Value) of
                                                                                Publicly Announced     Shares (or Units)
                                                                                Plans or Programs      that May Yet Be
                                                                                                       Purchased Under the
                                                                                                       Plans or Programs
------------------------------- ----------------------- ----------------------- ---------------------- -----------------------
April 1, 2004 -      April      234.1380                $1,408.09               N/A                    N/A
30, 2004
------------------------------- ----------------------- ----------------------- ---------------------- -----------------------
May 1, 2004 -      May 31,      493.8321                $1,376.47               N/A                    N/A
2004
------------------------------- ----------------------- ----------------------- ---------------------- -----------------------
June 1, 2004 -    June 30,      277.5219                $1,303.61               N/A                    N/A
2004
------------------------------- ----------------------- ----------------------- ---------------------- -----------------------
Total                           1,005.4920              $1,362.72               N/A                    N/A
------------------------------- ----------------------- ----------------------- ---------------------- -----------------------
</TABLE>


* Generally,  Limited Partners are permitted to redeem their Redeemable Units as
of the end of each  month on 10  days'  notice  to the  General  Partner.  Under
certain circumstances, the General Partner can compel redemption but to date the
General Partner has not exercised this right.  Purchases of Redeemable  Units by
the Partnership reflected in the chart above were made in the ordinary course of
the Partnership's  business in connection with effecting redemptions for Limited
Partners.

** Redemptions of Redeemable Units are effected as of the last day of each month
at the Net Asset Value per Redeemable Unit as of that day.

                                       18
<PAGE>

Item 3.   Defaults Upon Senior Securities - None

Item 4.   Submission of Matters to a Vote of Security Holders - None

Item 5.   Other Information - None

Item 6.   Exhibits and Reports of Form 8-K

     (a)  The exhibits  required to be filed by Item 601 of  Regulation  S-K are
          incorporated   herein  by  reference  to  the  exhibit  index  of  the
          Partnership's  Annual Report on Form 10-K for the year ended  December
          31, 2003.

          Exhibit - 31.1 - Rule 13a-14(a)/15d-14(a) Certification (Certification
          of President and Director).

          Exhibit - 31.2 - Rule 13a-14(a)/15d-14(a) Certification (Certification
          of Chief Financial Officer and Director).

          Exhibit  -  32.1  -  Section  1350  Certification   (Certification  of
          President and Director).

          Exhibit - 32.2 - Section 1350  Certification  (Certification  of Chief
          Financial Officer and Director).

     (b)  Reports on Form 8-K - None

                                       19
<PAGE>
                                   SIGNATURES

     Pursuant to the  requirements of the Securities  Exchange Act of 1934, this
report  has  been  signed  below  by the  following  persons  on  behalf  of the
registrant and in the capacities and on the dates indicated.

SALOMON SMITH BARNEY GLOBAL DIVERSIFIED FUTURES FUND L.P.


By:      Citigroup Managed Futures LLC
         (General Partner)



By:  /s/ David J. Vogel
         ---------------
         David J. Vogel
         President and Director


Date:     8/13/04


By:  /s/ Daniel R. McAuliffe, Jr.
         ----------------------------
         Daniel R. McAuliffe, Jr.
         Chief Financial Officer and Director

Date:    8/13/04


                                       20
<PAGE>


                                                                    Exhibit 31.1
                                  CERTIFICATION
I, David J. Vogel, certify that:

1. I have  reviewed this  quarterly  report on Form 10-Q of Salomon Smith Barney
Global Diversified Futures Fund L.P. (the "registrant");

2. Based on my knowledge, this report does not contain any untrue statement of a
material fact or omit to state a material fact  necessary to make the statements
made, in light of the  circumstances  under which such statements were made, not
misleading with respect to the period covered by this report;

3.  Based  on my  knowledge,  the  financial  statements,  and  other  financial
information included in this report, fairly present in all material respects the
financial  condition,  results of operations and cash flows of the registrant as
of, and for, the periods presented in this report;

4.  The  registrant's  other  certifying  officer  and  I  are  responsible  for
establishing and maintaining  disclosure  controls and procedures (as defined in
Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

     a)   designed  such  disclosure  controls  and  procedures,  or caused such
          disclosure   controls  and   procedures  to  be  designed   under  our
          supervision,  to ensure  that  material  information  relating  to the
          registrant,  including its consolidated subsidiaries, is made known to
          us by others within those entities,  particularly during the period in
          which this report is being prepared;

     b)   evaluated the  effectiveness of the registrant's  disclosure  controls
          and procedures and presented in this report our conclusions  about the
          effectiveness of the disclosure controls and procedures, as of the end
          of the period covered by this report based on such evaluation; and

     c)   disclosed  in this  report  any  change in the  registrant's  internal
          control over financial reporting that occurred during the registrant's
          most  recent  fiscal  quarter  that  has  materially  affected,  or is
          reasonably  likely to materially  affect,  the  registrant's  internal
          control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed,  based on our
most recent  evaluation of internal  control over  financial  reporting,  to the
registrant's  auditors  and the audit  committee  of the  registrant's  board of
directors (or persons performing the equivalent functions):

     a)   all significant  deficiencies and material weaknesses in the design or
          operation  of internal  control  over  financial  reporting  which are
          reasonably  likely to  adversely  affect the  registrant's  ability to
          record, process, summarize and report financial information; and

     b)   any fraud, whether or not material,  that involves management or other
          employees who have a  significant  role in the  registrant's  internal
          control over financial reporting.

Date: August 13, 2004
                                              /s/ David J. Vogel
                                                  --------------
                                                  David J. Vogel
                                                  Citigroup Managed Futures LLC
                                                  President and Director


                                       21
<PAGE>


                                                                    Exhibit 31.2
                                  CERTIFICATION


I, Daniel R. McAuliffe, Jr., certify that:

1. I have  reviewed this  quarterly  report on Form 10-Q of Salomon Smith Barney
Global Diversified Futures Fund L.P. (the "registrant");

2. Based on my knowledge, this report does not contain any untrue statement of a
material fact or omit to state a material fact  necessary to make the statements
made, in light of the  circumstances  under which such statements were made, not
misleading with respect to the period covered by this report;

3.  Based  on my  knowledge,  the  financial  statements,  and  other  financial
information included in this report, fairly present in all material respects the
financial  condition,  results of operations and cash flows of the registrant as
of, and for, the periods presented in this report;

4.  The  registrant's  other  certifying  officer  and  I  are  responsible  for
establishing and maintaining  disclosure  controls and procedures (as defined in
Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

     a)   designed  such  disclosure  controls  and  procedures,  or caused such
          disclosure   controls  and   procedures  to  be  designed   under  our
          supervision,  to ensure  that  material  information  relating  to the
          registrant,  including its consolidated subsidiaries, is made known to
          us by others within those entities,  particularly during the period in
          which this report is being prepared;

     b)   evaluated the  effectiveness of the registrant's  disclosure  controls
          and procedures and presented in this report our conclusions  about the
          effectiveness of the disclosure controls and procedures, as of the end
          of the period covered by this report based on such evaluation; and

     c)   disclosed  in this  report  any  change in the  registrant's  internal
          control over financial reporting that occurred during the registrant's
          most  recent  fiscal  quarter  that  has  materially  affected,  or is
          reasonably  likely to materially  affect,  the  registrant's  internal
          control over financial reporting; and

5. The registrant's other certifying officer and I have disclosed,  based on our
most recent  evaluation of internal  control over  financial  reporting,  to the
registrant's  auditors  and the audit  committee  of the  registrant's  board of
directors (or persons performing the equivalent functions):

     a)   all significant  deficiencies and material weaknesses in the design or
          operation  of internal  control  over  financial  reporting  which are
          reasonably  likely to  adversely  affect the  registrant's  ability to
          record, process, summarize and report financial information; and

     b)   any fraud, whether or not material,  that involves management or other
          employees who have a  significant  role in the  registrant's  internal
          control over financial reporting.

Date: August 13, 2004

                                        /s/ Daniel R. McAuliffe, Jr.
                                            -----------------------
                                            Daniel R. McAuliffe, Jr.
                                            Citigroup Managed Futures LLC
                                            Chief Financial Officer and Director

                                       22
<PAGE>


                                                                    Exhibit 32.1
                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350,
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


     In  connection  with the  Quarterly  Report of Salomon  Smith Barney Global
Diversified  Futures Fund L.P. (the  "Partnership")  on Form 10-Q for the period
ending June 30, 2004 as filed with the Securities and Exchange Commission on the
date  hereof  (the  "Report"),  I, David J.  Vogel,  President  and  Director of
Citigroup  Managed  Futures LLC,  certify,  pursuant to 18 U.S.C.  ss. 1350,  as
adopted pursuant to ss. 906 of the Sarbanes-Oxley Act of 2002, that:

     (1)  The Report fully  complies with the  requirements  of section 13(a) or
          15(d) of the Securities Exchange Act of 1934; and

     (2)  The  information  contained  in the  Report  fairly  presents,  in all
          material respects,  the financial  condition and results of operations
          of the Partnership.

/s/ David J. Vogel
    --------------
    David J. Vogel
    Citigroup Managed Futures LLC
    President and Director

August 13, 2004


                                       23
<PAGE>


                                                                    Exhibit 32.2
                            CERTIFICATION PURSUANT TO
                             18 U.S.C. SECTION 1350,
                             AS ADOPTED PURSUANT TO
                  SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002


     In  connection  with the  Quarterly  Report of Salomon  Smith Barney Global
Diversified  Futures Fund L.P. (the  "Partnership")  on Form 10-Q for the period
ending June 30, 2004 as filed with the Securities and Exchange Commission on the
date hereof (the "Report"), I, Daniel R. McAuliffe, Jr., Chief Financial Officer
and Director of Citigroup  Managed Futures LLC,  certify,  pursuant to 18 U.S.C.
ss.  1350,  as adopted  pursuant to ss. 906 of the  Sarbanes-Oxley  Act of 2002,
that:

     (1)  The Report fully  complies with the  requirements  of section 13(a) or
          15(d) of the Securities Exchange Act of 1934; and

     (2)  The  information  contained  in the  Report  fairly  presents,  in all
          material respects,  the financial  condition and results of operations
          of the Partnership.

/s/ Daniel R. McAuliffe, Jr.
-------------------------
    Daniel R. McAuliffe, Jr.
    Citigroup Managed Futures LLC
    Chief Financial Officer and Director

August 13, 2004




                                       24