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 March 31, 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 March 31, 2004 and December 31,
                      2003 (unaudited).                                 3

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

                      Statements of Income and Expenses
                      and Partners' Capital for the three
                      months ended March 31,
                      2004 and 2003 (unaudited).                        6

                      Statements of Cash Flows for the
                      three months ended March 31, 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>

            SALOMON SMITH BARNEY GLOBAL DIVERSIFIED FUTURES FUND L.P.
                        STATEMENTS OF FINANCIAL CONDITION
                                   (UNAUDITED)


<TABLE>
<CAPTION>

                                                        March 31,   December 31,
                                                          2004          2003
                                                       -----------   -----------
<S>                                                        <C>           <C>
ASSETS:

Equity in commodity futures trading account:
  Cash (restricted $6,474,769 and $6,640,283
    in 2004 and 2003, respectively)                    $56,373,018   $52,664,213
  Net unrealized appreciation on open
    futures positions                                    3,136,856     1,254,503
  Unrealized appreciation on open forward contracts      1,956,260     3,866,171
                                                       -----------   -----------
                                                        61,466,134    57,784,887
Interest receivable                                         37,388        30,142
                                                       -----------   -----------
                                                       $61,503,522   $57,815,029
                                                       ===========   ===========

LIABILITIES AND PARTNERS' CAPITAL:

Liabilities:

Unrealized depreciation on open forward contracts      $ 1,655,391   $ 1,573,552
 Accrued expenses:
  Commissions                                              273,897       257,940
  Management fees                                           86,987        80,143
  Incentive fees                                         1,248,673     1,953,719
  Other                                                     61,942        52,169
Redemptions payable                                        146,568       190,508
                                                       -----------   -----------
                                                         3,473,458     4,108,031
                                                       ===========   ===========


Partners' capital:

General Partner, 619.7983 Unit equivalents
 outstanding in 2004 and  2003                             939,571       857,956
Limited Partners, 37,660.3936 and 38,178.7765
 Redeemable Units of Limited Partnership Interest
 outstanding in 2004 and 2003, respectively             57,090,493    52,849,042
                                                       -----------   -----------
                                                        58,030,064    53,706,998
                                                       -----------   -----------
                                                       $61,503,522   $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
                                 March 31, 2004
                                   (Unaudited)
<TABLE>
<CAPTION>
<S>                                           <C>                                                    <C>
Sector                               Contract                                                       Fair Value
------------------------------------------------------------------------------------------------ ---------------
Currencies                           Unrealized depreciation on forward contracts (1.86)%       $   (1,079,355)
                                     Unrealized appreciation on forward contracts   1.65%              955,930
                                                                                                  ------------
                                        Total forward contracts (0.21)%                               (123,425)

                                     Futures contracts sold  (0.02)%                                   (13,041)
                                     Futures contracts purchased  0.02%                                 14,852
                                                                                                  ------------
                                        Total futures contracts (0.00)%*                                 1,811
                                                                                                  ------------
 Total Currencies  (0.21)%                                                                            (121,614)
                                                                                                  ------------

Energy                               Futures contracts sold  (0.07)%                                   (38,548)
                                     Futures contracts purchased  0.45%                                262,233
                                                                                                  ------------
 Total Energy  0.38%                                                                                   223,685
                                                                                                  ------------

Grains                               Futures contracts sold  0.00%*                                      1,340
                                     Futures contracts purchased  1.48%                                859,821
                                                                                                  ------------
 Total Grains  1.48%                                                                                   861,161
                                                                                                  ------------

Interest Rates Non - U.S.            Futures contracts sold  0.10%                                      58,720
                                     Futures contracts purchased  1.25%                                723,783
                                                                                                  ------------
 Total Interest Rates Non - U.S.  1.35%                                                                782,503
                                                                                                  ------------

Interest Rates U.S.                  Futures contracts sold  (0.00)%*                                     (325)
                                     Futures contracts purchased  0.40%                                232,436
                                                                                                  ------------
Total Interest Rates  0.40%                                                                            232,111
                                                                                                  ------------

Total Livestock  0.30%                Futures contracts purchased  0.30%                               172,477
                                                                                                  ------------
Total Lumber  0.04%                   Futures contracts purchased  0.04%                                27,236
                                                                                                  ------------

Metals                                Futures contracts purchased  1.10%                               635,607

                                      Unrealized depreciation on forward contracts (0.99)%            (576,036)
                                      Unrealized appreciation on forward contracts  1.72%            1,000,330
                                                                                                  ------------
                                        Total forward contracts 0.73%                                  424,294
                                                                                                  ------------
 Total Metals  1.83%                                                                                 1,059,901
                                                                                                  ------------

Softs                                 Futures contracts sold  0.18%                                    104,187
                                      Futures contracts purchased  (0.04)%                             (23,344)
                                                                                                  ------------
  Total Softs  0.14%                                                                                    80,843
                                                                                                  ------------

Indices                               Futures contracts sold  (0.04)%                                  (25,957)
                                      Futures contracts purchased  0.25%                               145,379
                                                                                                  ------------
 Total Indices  0.21%                                                                                  119,422
                                                                                                  ------------

Total Fair Value  5.92%                                                                          $   3,437,725
                                                                                                 =============
             Country Composition                    Investments at Fair Value            % of Investments at Fair Value
.............................................................................................................................
Australia                                              $         (66,996)                              (1.95)
Canada                                                           113,750                                3.31
France                                                            41,621                                1.21
Germany                                                          481,111                               14.00
Hong Kong                                                          2,028                                0.06
Italy                                                             (1,401)                              (0.04)
Japan                                                            668,304                               19.44
Spain                                                             18,655                                0.54
Sweden                                                             5,234                                0.15
United Kingdom                                                   700,135                               20.37
United States                                                  1,475,284                               42.91
                                               .....................................  ......................................
                                                        $      3,437,725                              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  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>
                                                                Three months ended
                                                                      March 31,
                                                           ----------------------------
                                                                 2004          2003
                                                           ---------------------------
<S>                                                             <C>             <C>
Income:
  Net gains (losses) on trading of
  commodity interests:
  Realized gains on closed positions
   and foreign currencies                                 $  7,435,065    $  8,259,378
  Change in unrealized losses on open
   positions                                                  (109,397)     (3,186,501)
                                                          ------------    ------------
                                                             7,325,668       5,072,877
Interest income                                                 92,967         116,918
                                                          ------------    ------------
                                                             7,418,635       5,189,795
                                                          ------------    ------------


Expenses:
  Brokerage commissions including clearing fees
   of $27,385 and $34,591, respectively                        822,229         781,978
  Management fees                                              239,038         228,844
  Incentive fees                                             1,248,673         808,962
  Other expenses                                                19,849          18,423
                                                          ------------    ------------
                                                             2,329,789       1,838,207
                                                          ------------    ------------


Net income                                                   5,088,846       3,351,588

Redemptions                                                   (765,780)     (1,240,223)
                                                          ------------    ------------
Net increase in Partners' capital                            4,323,066       2,111,365

Partners' capital, beginning of period                      53,706,998      49,391,625
                                                          ------------    ------------
Partners' capital, end of period                          $ 58,030,064    $ 51,502,990
                                                          ============    ============


Net asset value per Redeemable Unit
  (38,280.1919 and 40,842.9868 Redeemable Units
  outstanding at March 31, 2004 and 2003, respectively)   $   1,515.93    $   1,261.00
                                                          ============    ============

Net income per Redeemable Unit of Limited Partnership
  Interest and General Partner Unit equivalent            $     131.68    $      80.05
                                                          ============    ============


</TABLE>
See Accompanying Notes to Unaudited Financial Statements



                                       6
<PAGE>


            Salomon Smith Barney Global Diversified Futures Fund L.P.
                            Statements of Cash Flows
                                 March 31, 2004
                                   (Unaudited)

<TABLE>
<CAPTION>

                                                                 Three months ended
                                                                      March 31,
                                                               ------------------------
                                                                 2004           2003
                                                               ------------------------
<S>                                                               <C>             <C>
Cash flows from operating activities:
   Net Income                                               $  5,088,846    $  3,351,588
   Adjustments to reconcile net income to net cash
     provided by operating activities:
      Changes in operating assets and liabilities:
        Net unrealized appreciation (depreciation)
        on open futures positions                             (1,882,353)      2,562,447
        Unrealized appreciation on open forward contracts      1,909,911       1,067,925
        Increase in interest receivable                           (7,246)         (1,823)

      Unrealized depreciation on open forward contracts           81,839        (443,871)
      Accrued expenses:
        Increase in commissions                                   15,957           4,235
        Increase in management fees                                6,844           1,085
        Decrease in incentive fees                              (705,046)       (484,508)
        Increase in other                                          9,773          18,423
      Decrease in redemptions payable                            (43,940)       (727,167)
                                                            ------------    ------------
           Net cash provided by operating activities           4,474,585       5,348,334
                                                            ------------    ------------

Cash flows from financing activities:
   Payments for redemptions                                     (765,780)     (1,240,223)
                                                            ------------    ------------

           Net cash used in financing activities                (765,780)     (1,240,223)
                                                            ------------    ------------

           Net change in cash                                  3,708,805       4,108,111
           Cash, at beginning of period                       52,664,213      48,802,978
                                                            ------------    ------------
           Cash, at end of period                           $ 56,373,018    $ 52,911,089
                                                            ============    ============

</TABLE>
See Accompanying Notes to Unaudited Financial Statements.


                                       7
<PAGE>



            Salomon Smith Barney Global Diversified Futures Fund L.P.
                          Notes to Financial Statements
                                 March 31, 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 March 31, 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 March 31, 2004 and December 31, 2003, the results of its operations
and cash  flows for the  three  months  ended  March  31,  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
                                  March 31,2004
                                   (Unaudited)
                                   (Continued)

2.   Financial Highlights:

     Changes in Net Asset Value per Redeemable Unit of Partnership  Interest for
the three months ended March 31, 2004 and 2003 were as follows:

<TABLE>
<CAPTION>

                                                                  Three Months Ended
                                                                       March 31,
                                                                ---------------------
                                                                 2004            2003
                                                                ---------------------
<S>                                                                <C>           <C>
Net realized and unrealized gains*                         $     168.27  $     102.50
 Interest income                                                   2.41          2.82
 Expenses**                                                      (39.00)       (25.27)
                                                              ---------     ---------
Increase for the period                                          131.68         80.05
Net Asset Value per Redeemable Unit, beginning of period       1,384.25      1,180.95
                                                              ---------     ---------


Net Asset Value per Redeemable Unit, end of period         $   1,515.93  $   1,261.00
                                                              =========     =========

Ratio to average net assets: ***

 Net investment loss before incentive fees****                    (7.1)%        (7.2)%
                                                              =========     =========


 Operating expenses                                                7.8%          8.2%
 Incentive fees                                                    2.3%          6.4%
                                                             ---------     ---------
Total expenses                                                    10.1%         14.6%
                                                             =========     =========
Total return:

 Total return before incentive fees                               11.9%          8.4%
 Incentive fees                                                   (2.4)%        (1.6)%
                                                             ---------     ---------
Total return after incentive fees                                  9.5%          6.8%
                                                             =========     =========

</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 transaction 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
                                 March 31, 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 three
and twelve months ended March 31, 2004 and December 31, 2003, based on a monthly
calculation,  were $4,377,648 and $2,199,191,  respectively.  The fair values of
these commodity  interests,  including options thereon, if applicable,  at March
31, 2004 and December 31, 2003, were  $3,437,725 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
                                 March 31, 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 March 31, 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  (depreciation)  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 first 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 three months ended March 31, 2004,  Partnership  capital  increased
8.0% from  $53,706,998 to  $58,030,064.  This increase was  attributable  to net
income  from  operations  of  $5,088,846,  which  was  partially  offset  by the
redemption  of  518.3829  Redeemable  Units  of  Limited  Partnership   Interest
resulting in an outflow of $765,780. 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,
disclosures  of  contingent  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


                                       12
<PAGE>

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
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  first  quarter of 2004,  the net asset value per
Redeemable  Unit  increased  9.5% from  $1,384.25 to $1,515.93 as compared to an
increase of 6.8% in the first quarter of 2003. The Partnership experienced a net
trading gain before brokerage  commissions and related fees in the first quarter
of 2004 of  $7,325,668.  Gains were  primarily  attributable  to the  trading of
commodity  futures in currencies,  energy,  grains,  U.S. and non-U.S.  interest
rates,  livestock  and  metals  were  partially  offset  by  losses in softs and
indices.  The  Partnership  experienced  a net  trading  gain  before  brokerage
commissions  and related fees in the first quarter of 2003 of $5,072,877.  Gains
were primarily  attributable to the trading of commodity  futures in currencies,
energy,  U.S. and non-U.S.  interest rates,  metals and softs and were partially
offset by losses in grains and indices.

     The  Partnership  had a strong first quarter as the financial and commodity
trends that had carried  performance  in 2003  continued  into the first quarter
providing  profits across nearly all market sectors.  The major  contributors to
performance  were lower  interest  rates both in the U.S.  and  internationally,
weakness in the U.S.  dollar for much of the quarter and  continued  pressure on
commodity prices, particularly in base metals, energy, and grains.

     Lower interest rate trends  provided  substantial  profits for positions in
U.S. and  international  interest rate contracts in January and February.  Lower
U.S.  interest rates  combined with rising fiscal and trade deficits  pushed the
U.S. dollar lower through  mid-February  producing profits for the Partnership's
advisors  but then began a sharp  correction  that led to losses in March as the
dollar regained nearly 10% against the euro and other major currencies.  Trading
in stock market indices was as mixed as the directionless stock markets were for
the first quarter.

     In the commodity markets,  increased global demand for the raw materials of
economic  development,  namely base  metals,  like  copper,  nickel and aluminum
produced profitable trading.  Bullish price trends in gold, silver and palladium
were also profitable for the advisors.  Concurrently,  the demand for foodstocks
in developing countries generated profits for positions in grains,  specifically
soybeans,  corn  and  wheat.  Each of these  sectors  produced  profits  for the
quarter.  Energy trading was also slightly  profitable for the quarter as prices
of crude oil moved to the high $30s range and natural gas prices  followed their
normal volatile seasonal patterns with mixed trading results for the Advisors.

     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,


                                       13
<PAGE>

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 months ended
March 31, 2004 decreased by $23,951, as compared to the corresponding  period in
2003.  The  decrease  in interest  income is  primarily  due to the  decrease in
interest rates during the three months ended March 31, 2004 as compared to 2003.

     Brokerage  commissions  are  calculated on 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 March 31,  2004  increased  by $40,251,  as compared to the
corresponding  period in 2003.  The  increase in brokerage  commissions  for the
three  months  ended  March 31, 2004 is due to an increase 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  March 31, 2004
increased  by  $10,194,  as compared to the  corresponding  period in 2003.  The
increase in management  fees for the three months ended March 31, 2004 is due to
an increase 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  months ended March 31, 2004 and
2003  resulted  in  an  incentive  fee  accrual  of  $1,248,673   and  $808,962,
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 March 31, 2004 and the
highest and lowest  value at any point  during the three  months ended March 31,
2004.  All open position  trading risk  exposures of the  Partnership  have been
included in calculating  the figures set forth below.  As of March 31, 2004, the
Partnership's total  capitalization was $58,030,064.  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.

                                 March 31, 2004
                                   (Unaudited)
<TABLE>
<CAPTION>
<S>                                <C>                 <C>               <C>               <C>                <C>
                                                                                       Year to Date
                                                                  ----------------------------------------------------
                                                   % of Total           High               Low              Average
Market Sector                Value at Risk        Capitalization    Value at Risk      Value at Risk      Value at Risk
------------------           ------------         --------------    -------------      -------------      -------------
Currencies
-Exchange Traded Contracts    $   167,110              0.29%          $ 317,695          $ 157,616          $ 247,135
-  OTC Contracts                  825,902              1.42%          1,353,727            620,582          1,063,501
Energy                            642,530              1.11%            879,574            401,350            652,761
Grains                            416,187              0.72%            416,187             76,491            334,558
Interest rate  U.S.               519,750              0.89%            957,450            325,413            642,883
Interest rate Non-U.S.          1,120,694              1.93%          2,428,075            994,949          1,714,818
Livestock                          80,600              0.14%            101,100              3,200             51,633
Metals
-Exchange Traded Contracts        311,900              0.54%            311,900            161,100            242,367
-  OTC Contracts                  396,149              0.68%            615,967            300,245            462,928
Softs                             351,945              0.61%            368,736             57,000            279,356
Indices                           806,646              1.41%          3,060,289            806,646          2,020,139
Wood                               18,700              0.03%             25,950              5,250             12,540
                            ---------------------------------------
Totals                      $   5,669,013              9.77%
                            =======================================


</TABLE>



                                       16
<PAGE>



Item 4. Controls and Procedures

     Based on their  evaluation  of the  Partnership's  disclosure  controls and
procedures as of March 31, 2004, the Chief Executive Officer and Chief Financial
Officer have concluded that such controls and procedures are effective.

     There were no significant changes in the Partnership's internal controls or
in other factors that could significantly  affect such controls during the first
quarter of 2004.



                                       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.

REGULATORY MATTERS

     Both the Department of Labor and the IRS have advised CGM that they were or
are reviewing  transactions in which Ameritech  Pension Trust purchased from CGM
and  certain  affiliates  approximately  $20.9  million in  participations  in a
portfolio of motels owned by Motels of America,  Inc. and Best Inns,  Inc.  With
respect to the IRS review, CGM and certain affiliated entities have consented to
extensions of time for the  assessment of excise taxes that may be claimed to be
due with respect to the transactions for the years 1987, 1988 and 1989.

ENRON CORP

     In July 2002, Citigroup,  CGM and certain officers were named as defendants
in an alleged  class action filed in the United  States  District  Court for the
Southern  District of New York,  brought on behalf of  purchasers  of  Citigroup
common  stock  between  July 24, 1999 and July 23,  2002.  The  complaint  seeks
unspecified compensatory and punitive damages for alleged violations of Sections
10(b) and 20(a) of the  Securities  Exchange  Act of 1934,  and for  common  law
fraud. Fourteen virtually identical complaints have been filed and consolidated.
The complaints  allege that Citigroup  misstated the extent of its Enron-related
exposure,  and that  Citigroup's  stock  price fell once the true  extent of the
company's Enron involvements became known. Plaintiffs filed an amended complaint
on March 10, 2003, which incorporated the allegations in the 15 separate actions
and added new  material  as well.  The  amended  complaint  focuses  on  certain
transaction  Citigroup did with Enron and alleged analyst conflicts of interest.
The class  period for the  consolidated  amended  complaint  is July 24, 1999 to
December  11,  2002.  On June 2, 2003,  Citigroup  filed a motion to dismiss the
consolidated  amended complaint.  Plaintiffs' response was filed on July 30, and
Citigroup's reply was filed on October 3, 2003. Oral argument before Judge Swain
was held on November 20, 2003.



                                       18
<PAGE>

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
------------------------------- ----------------------- ----------------------- ---------------------- -----------------------
January 1, 2004 - January 31,   193.7258                $1,390.80               N/A                    N/A
2004
------------------------------- ----------------------- ----------------------- ---------------------- -----------------------
February 1, 2004 - February     227.9722                $1,534.30               N/A                    N/A
29, 2004
------------------------------- ----------------------- ----------------------- ---------------------- -----------------------
March 1, 2004 - March 31, 2004   96.6849                $1,515.93               N/A                    N/A
------------------------------- ----------------------- ----------------------- ---------------------- -----------------------
Total                           518.3829                $1,480.34               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.




                                       19
<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


                                       20
<PAGE>

                                   SIGNATURES

         Pursuant to the requirements of Section 13 or 15 (d) of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.

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:    5/10/04
         -----------------------
                  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.

By:      Citigroup Managed Futures LLC
         -----------------------
         (General Partner)


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


Date:    5/10/04
         -----------------------

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

Date:    5/10/04
         -----------------------

                                       21
<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  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: May 10, 2004
                                                   /s/ David Vogel
                                                   -----------------------
                                                   David J. Vogel
                                                   Citigroup Managed Futures LLC
                                                   President and Director


                                       22
<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  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: May 10, 2004

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


                                       23
<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 March 31, 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,  results of operations and
          cash flows of the Partnership.

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

May 10, 2004



                                       24
<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 March 31, 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,  results of operations and
          cash flows of the Partnership.

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

May 10, 2004



                                       25