UNITED STATES
	SECURITIES AND EXCHANGE COMMISSION
	Washington, D.C. 20549

	FORM 10-Q



[X]	Quarterly report pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
For the quarterly period ended June 30, 2001 or

[ ] Transition report pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
For the transition period from               to_________________


Commission File No. 0-19901

	DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.

	(Exact name of registrant as specified in its charter)


		Delaware						     13-3642323
(State or other jurisdiction of		   	  (I.R.S. Employer
incorporation or organization)			      Identification No.)


c/o Demeter Management Corporation
Two World Trade Center, 62 Fl., New York, NY  	   10048
(Address of principal executive offices)	  	      (Zip Code)

Registrant's telephone number, including area code (212) 392-5454




(Former name, former address, and former fiscal year, if changed
since last report)


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___________





<page>
<table>

	DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.

	INDEX TO QUARTERLY REPORT ON FORM 10-Q

	June 30, 2001


<caption>

PART I. FINANCIAL INFORMATION

				<c>
Item 1. Financial Statements

		Statements of Financial Condition as of June 30, 2001
 		(Unaudited) and December 31, 2000........................2

		Statements of Operations for the Quarters Ended
		June 30, 2001 and 2000 (Unaudited).......................3

		Statements of Operations for the Six Months Ended
		June 30, 2001 and 2000 (Unaudited).......................4

		Statements of Changes in Partners' Capital for the
		Six Months Ended June 30, 2001 and 2000 (Unaudited)......5

		Statements of Cash Flows for the Six Months Ended
		June 30, 2001 and 2000 (Unaudited).......................6

		Notes to Financial Statements (Unaudited).............7-11

Item 2.	Management's Discussion and Analysis of
			Financial Condition and Results of Operations.....12-21

Item 3.	Quantitative and Qualitative Disclosures about
			Market Risk ......................................21-34


Part II. OTHER INFORMATION

Item 1. Legal Proceedings....................................35

Item 6.	Exhibits and Reports on Form 8-K..................35-36





</table>


<page>
<table>
PART I.  FINANCIAL INFORMATION

Item 1.  Financial Statements

	DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
	STATEMENTS OF FINANCIAL CONDITION
<caption>
	  June 30,	    December 31,
                2001                               2000
	 $	   $
	(Unaudited)
ASSETS

	<c>	<c>
Equity in futures interests trading accounts:
	Cash	10,882,349	9,831,603

	Net unrealized gain on open contracts (MS & Co.)	536,804    	2,003,653
	Net unrealized gain (loss) on open contracts (MSIL)	      52,438                         	    (83,706)

	Total net unrealized gain on open contracts	    589,242	    1,919,947

	     Total Trading Equity	11,471,591	11,751,550

Due from Morgan Stanley DW	108,133	23,246
Interest receivable (Morgan Stanley DW)	         25,855	          44,060

	     Total Assets	  11,605,579	    11,818,856


LIABILITIES AND PARTNERS' CAPITAL

Liabilities

    Redemptions payable	75,509	123,597
    Accrued management fees	28,983	29,535
    Accrued administrative expenses	       12,213	         4,670

	     Total Liabilities	      116,705	      157,802

Partners' Capital

	Limited Partners (10,872.720 and
          11,382.944 Units, respectively) 	 11,265,118	11,443,935
	General Partner (215.962 Units)	      223,756	      217,119

	     Total Partners' Capital	   11,488,874	  11,661,054

Total Liabilities and Partners' Capital	   11,605,579	   11,818,856


NET ASSET VALUE PER UNIT	                                                           1,036.09                           1,005.36
<fn>

	The accompanying notes are an integral part
	of these financial statements.
</table>
<page>
<table>
	DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
	STATEMENTS OF OPERATIONS
(Unaudited)

<caption>


	     For the Quarters Ended June 30,

	      2001   	   2000
	    $	   $
REVENUES

			<c>	<c>
	Trading profit (loss):
		Realized	 473,429	                  (327,418)
		Net change in unrealized	                                                    (1,318,002)	                 (447,830)

			Total Trading Results 	                                                        (844,573)	                  (775,248)

	Interest income (Morgan Stanley DW)                             	       85,666 	                   146,555

	Total 	                  (758,907)	                  (628,693)


EXPENSES
	Brokerage commissions (Morgan Stanley DW)                             198,143	                   213,416
	Management fees                                                      	88,392	                     92,415
	Transaction fees and costs                                                               	27,356                       26,645
	Administrative expenses            	       7,348	       5,270

			Total                                                                                     321,239	                     337,746


NET LOSS                                   (1,080,146)	                 (966,439)


NET LOSS ALLOCATION

	Limited Partners	                                                                 (1,059,428)	         (951,231)
	General Partner	                                                                       (20,718)	                 (15,208)


NET LOSS PER UNIT

	Limited Partners	   (95.94)	         (70.42)
	General Partner	   (95.94)	         (70.42)



<fn>


	The accompanying notes are an integral part
	of these financial statements.

</table>

<page>
<table>
	DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
	STATEMENTS OF OPERATIONS
(Unaudited)

<caption>




	    For the Six Months Ended June 30,

	      2001     	      2000
	    $	      $
REVENUES

			<c>		<c>
	Trading profit (loss):
		Realized 	2,172,473		(137,850)
 	 	Net change in unrealized                                                  (1,330,705)		(849,636)

			Total Trading Results 	841,768		(987,486)

	Interest income (Morgan Stanley DW) 	     199,547		                    307,013


			Total  	   1,041,315		   (680,473)


EXPENSES

	Brokerage commissions (Morgan Stanley DW) 	385,419		465,942
	Management fees 	178,762		200,713
	Transaction fees and costs	51,307  	54,991
	Incentive fee expense	49,144	                             -
	Administrative expenses	        14,860		       14,272

			Total  	      679,492		      735,918

NET INCOME (LOSS)	      361,823	                  (1,416,391)


NET INCOME (LOSS) ALLOCATION

	Limited Partners	355,186		(1,394,452)
	General Partner	6,637		(21,939)


NET INCOME (LOSS) PER UNIT

	Limited Partners	30.73		(101.59)
	General Partner	30.73		(101.59)


<fn>
	The accompanying notes are an integral part
	of these financial statements.
</table>

<page>
<table>

	DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
	STATEMENTS OF CHANGES IN PARTNERS' CAPITAL
	For the Six Months Ended June 30, 2001 and 2000
	(Unaudited)

<caption>



	Units of
	Partnership	Limited	General
	   Interest   	Partners	Partner	Total
		$	$	$


	<c>		<c>		<c>		<c>

Partners' Capital,
	December 31, 1999	15,302.058	14,636,245	209,522	14,845,767

Net Loss                                                                  -		(1,394,452)	(21,939)	(1,416,391)

Redemptions	  (2,285.110)	           (2,122,991)                   -      	  (2,122,991)

Partners' Capital,
	June 30, 2000	  13,016.948	  11,118,802	   187,583	  11,306,385




Partners' Capital,
	December 31, 2000	11,598.906	11,443,935	217,119	11,661,054

Net Income                                                                  -		355,186	6,637	361,823

Redemptions               (510.224)         	    (534,003)                    -	            (534,003)

Partners' Capital,
	June 30, 2001                11,088.682        11,265,118           223,756       11,488,874






<fn>






The accompanying notes are an integral part
	of these financial statements.

</table>

<page>
<table>
	DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
	STATEMENTS OF CASH FLOWS
(Unaudited)

<caption>


	    For the Six Months Ended June 30,

	      2001     	     2000
	    $	      $


CASH FLOWS FROM OPERATING ACTIVITIES

			<c>	<c>
Net income (loss)   	361,823	(1,416,391)
Noncash item included in net income (loss):
		Net change in unrealized	1,330,705	849,636

(Increase) decrease in operating assets:
		Due from Morgan Stanley DW	(84,887)	842
		Interest receivable (Morgan Stanley DW)	18,205	7,266

Increase (decrease) in operating liabilities:
		Accrued management fees	(552)	                      (8,963)
		Accrued administrative expenses                                   	            7,543   	                 10,874

Net cash provided by (used for) operating activities                   	      1,632,837                  (556,736)

CASH FLOWS FROM FINANCING ACTIVITIES

Decrease in redemptions payable	                                                        (48,088)	(34,239)
Redemptions of Units	                                                                         (534,003)	 (2,122,991)

Net cash used for financing activities	                                                 (582,091)	  (2,157,230)

Net increase (decrease) in cash	1,050,746	(2,713,966)

Balance at beginning of period	                                                         9,831,603               14,098,056


Balance at end of period	                                                                 10,882,349               11,384,090



<fn>

	The accompanying notes are an integral part
	of these financial statements.


</table>



<page>
DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
NOTES TO FINANCIAL STATEMENTS
June 30, 2001
 (UNAUDITED)
The unaudited financial statements contained herein include, in
the opinion of management, all adjustments necessary for a fair
presentation of the results of operations and financial condition
of Dean Witter Global Perspective Portfolio L.P. (the
"Partnership").  The financial statements and condensed notes
herein should be read in conjunction with the Partnership's
December 31, 2000 Annual Report on Form 10-K.

1. Organization
Dean Witter Global Perspective Portfolio L.P. is a Delaware
limited partnership organized to engage primarily in the
speculative trading of futures contracts, options on futures
contracts, and forward contracts on physical commodities and other
commodity interests.

The general partner is Demeter Management Corporation ("Demeter").
The non-clearing commodity broker is Morgan Stanley DW Inc.
("Morgan Stanley DW").  Dean Witter Reynolds Inc. changed its name
to Morgan Stanley DW Inc., effective April 2, 2001.  The clearing
commodity brokers are Morgan Stanley & Co., Inc. ("MS & Co.") and
Morgan Stanley & Co. International Limited ("MSIL").  Demeter,


<page>
DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
NOTES TO FINANCIAL STATEMENTS (CONTINUED)

Morgan Stanley DW, MS & Co. and MSIL are wholly-owned subsidiaries
of Morgan Stanley Dean Witter & Co.  The trading advisors for
the Partnership are EMC Capital Management, Inc. and Millburn
Ridgefield Corporation (collectively, the "Trading Advisors").

2.  Related Party Transactions
The Partnership's cash is on deposit with Morgan Stanley DW, MS &
Co. and MSIL in futures, forwards and options trading accounts to
meet margin requirements as needed. Morgan Stanley DW pays
interest on these funds based on current 13-week U.S. Treasury
bill rates. The Partnership pays brokerage commissions to Morgan
Stanley DW.

3.  Financial Instruments
The Partnership trades futures contracts, options on futures
contracts, and forward contracts on physical commodities and other
commodity interests.  Futures and forwards represent contracts for
delayed delivery of an instrument at a specified date and price.
Risk arises from changes in the value of these contracts and the
potential inability of counterparties to perform under the terms
of the contracts.  There are numerous factors, which may
significantly influence the market value of these contracts,
including interest rate volatility. The Partnership accounts

<page>
DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
NOTES TO FINANCIAL STATEMENTS (CONTINUED)

for its derivative investments in accordance with the provisions
of Statement of Financial Accounting Standard No. 133, "Accounting
for Derivative Instruments and Hedging Activities" ("SFAS No.
133"). SFAS No. 133 defines a derivative as a financial instrument
or other contract that has all three of the following
characteristics:

1)	One or more underlying notional amounts or payment
provisions;
2)	Requires no initial net investment or a smaller initial net
investment than would be required relative to changes in
market factors;
3)	Terms require or permit net settlement.

Generally derivatives include futures, forward, swaps or option
contracts and other financial instruments with similar
characteristics such as caps, floors and collars.

The net unrealized gains on open contracts, reported as a
component of "Equity in futures interests trading accounts" on the
statements of financial condition and their longest contract
maturities were as follows:


<page>
DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
NOTES TO FINANCIAL STATEMENTS (CONTINUED)


                    Net Unrealized Gains on Open
                             Contracts                   Longest Maturity

   	              Exchange-  Off-Exchange-            Exchange- Off-Exchange-
                     Traded       Traded       Total      Traded     Traded
Date                Contracts   Contracts   Contracts   Contracts   Contracts
                        $           $		$

June 30, 2001   	   618,754	   (29,512)    589,242	 Dec. 2001	 Sept. 2001
December 31, 2000	 1,419,017	   500,930   1,919,947	 Sept. 2001	 March 2001

The Partnership has credit risk associated with counterparty non-
performance.  The credit risk associated with the instruments in
which the Partnership is involved is limited to the amounts
reflected in the Partnership's statements of financial condition.

The Partnership also has credit risk because Morgan Stanley DW, MS
& Co. and MSIL act as the futures commission merchants or the
counterparties with respect to most of the Partnership's assets.
Exchange-traded futures and future-styled option contracts are
marked to market on a daily basis, with variations in value
settled on a daily basis. Each of Morgan Stanley DW, MS & Co. and
MSIL, as a futures commission merchant for the Partnership's
exchange-traded futures and futures-styled option contracts, are
required, pursuant to regulations of the Commodity Futures Trading
Commission ("CFTC"), to segregate from their own assets, and for
the sole benefit of their commodity customers, all funds held by


<page>
DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
 NOTES TO FINANCIAL STATEMENTS (CONCLUDED)

them with respect to exchange-traded futures and futures-styled
options contracts, including an amount equal to the net unrealized
gain on all open futures and futures-styled option contracts,
which funds, in the aggregate, totaled $11,501,103 and $11,250,620
at June 30, 2001 and December 31, 2000, respectively. With respect
to the Partnership's off-exchange-traded forward currency
contracts, there are no daily settlements of variations in value
nor there is any requirement that an amount equal to the net
unrealized gain on open forward contracts be segregated.  With
respect to those off-exchange-traded forward currency contracts,
the Partnership is at risk to the ability of MS & Co., the sole
counterparty on all of such contracts, to perform.  The
Partnership has a netting agreement with MS & Co.  This agreement,
which seeks to reduce both the Partnership's and MS & Co.'s
exposure on off-exchange-traded forward currency contracts, should
materially decrease the Partnership's credit risk in the event of
MS & Co.'s bankruptcy or insolvency.













<page>
Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL
        CONDITION AND RESULTS OF OPERATIONS


Liquidity - The Partnership deposits its assets with Morgan
Stanley DW as non-clearing broker and MS & Co. and MSIL as
clearing brokers in separate futures, forwards and options trading
accounts established for each Trading Advisor, which assets are
used as margin to engage in trading. The assets are held in either
non-interest-bearing bank accounts or in securities and
instruments permitted by the CFTC for investment of customer
segregated or secured funds.  The Partnership's assets held by the
commodity brokers may be used as margin solely for the
Partnership's trading.  Since the Partnership's sole purpose is to
trade in futures, forwards and options, it is expected that the
Partnership will continue to own such liquid assets for margin
purposes.

The Partnership's investment in futures, forwards and options may,
from time to time, be illiquid.  Most U.S. futures exchanges limit
fluctuations in prices during a single day by regulations referred
to as "daily price fluctuations limits" or "daily limits".  Trades
may not be executed at prices beyond the daily limit.  If the
price for a particular futures or option contract has increased or
decreased by an amount equal to the daily limit, positions in that
futures or options contract can neither be taken nor liquidated
unless traders are willing to effect trades at or within the
limit. Futures prices have occasionally moved the
<page>
daily limit for several consecutive days with little or no
trading.  These market conditions could prevent the Partnership
from promptly liquidating its futures or option contracts and
result in restrictions on redemptions.

There is no limitation on daily price moves in trading forward
contracts on foreign currencies.  The markets for some world
currencies have low trading volume and are illiquid, which may
prevent the Partnership from trading in potentially profitable
markets or prevent the Partnership from promptly liquidating
unfavorable positions in such markets, subjecting it to
substantial losses.  Either of these market conditions could
result in restrictions on redemptions.

The Partnership has never had illiquidity affect a material
portion of its assets.

Capital Resources. The Partnership does not have, or expect to
have, any capital assets.  Redemptions of additional units of
limited partnership interest ("Unit(s)") in the future will affect
the amount of funds available for investment in futures, forwards
and options in subsequent periods.  It is not possible to estimate
the amount and therefore the impact of future redemptions of
Units.


<page>
Results of Operations
General.  The Partnership's results depend on its Trading Advisors
and the ability of the Trading Advisors' trading programs to take
advantage of price movements or other profit opportunities in the
futures, forward and option markets.  The following presents a
summary of the Partnership's operations for the three and six
month periods ended June 30, 2001 and 2000 and a general
discussion of its trading activities during each period.  It is
important to note, however, that the Trading Advisors trade in
various markets at different times and that prior activity in a
particular market does not mean that such market will be actively
traded by the Trading Advisors or will be profitable in the
future.  Consequently, the results of operations of the
Partnership are difficult to discuss other than in the context of
its Trading Advisors' trading activities on behalf of the
Partnership as a whole and how the Partnership has performed in
the past.

For the Quarter and Six Months Ended June 30, 2001
For the quarter ended June 30, 2001, the Partnership recorded
total trading losses, net of interest income, of $758,907 and
posted a decrease in net asset value per Unit.  The most
significant losses of approximately 5.4% were experienced
primarily during April in the global interest rate futures
markets as a portion of previously recorded profits was given
back from long positions in U.S. and European interest rate
<page>
futures as prices reversed sharply lower, after trending higher
earlier this year, as investors deserted fixed income securities
in an asset shift to equities.  Losses were also recorded from
short positions in U.S. interest rate futures as prices moved
higher in a flurry of flight-to-quality buying spawned by Middle
East instability on June 22nd and in anticipation of the Federal
Reserve interest rate cut in late June.  Additional losses were
recorded during the third week of June from short positions in
German interest rate futures as prices increased following a drop
in German business confidence data and signs that inflation may
have peaked in that region, which reinforced the prospects of
European interest rate cuts.  In the global stock index futures
markets, losses of approximately 2.3% were incurred primarily
during the first half of April from short positions in DAX and
Hang Seng Index futures as prices reversed higher on renewed
hopes that the worst may be over for badly beaten technology and
telecom stocks.  During May and June, additional losses were
recorded from DAX Index futures positions as prices generally
moved in an erratic, directionless pattern on conflicting
economic information and investor sentiment.  In the soft
commodities markets, losses of approximately 2.0% were recorded
primarily during April from short sugar futures positions as
prices increased on technical factors.  These losses were
partially offset by gains of approximately 1.0% recorded in the
energy markets primarily during May from short natural gas

<page>
futures positions as prices declined on rising U.S. natural gas
inventories. In the agricultural markets, profits of
approximately 0.4% were recorded from short corn futures
positions as prices decreased on forecasts for wet, cool weather
conditions in the U.S. Midwest and on reports of declining
demand. Total expenses for the three months ended June 30, 2001
were $321,239, resulting in a net loss of $1,080,146.  The net
asset value of a Unit decreased from $1,132.03 at March 31, 2001
to $1,036.09 at June 30, 2001.

For the six months ended June 30, 2001, the Partnership recorded
total trading revenues, including interest income, of $1,041,315
and posted an increase in net asset value per Unit.  The most
significant gains of approximately 4.6% were recorded in the
currency markets throughout a majority of the second quarter from
long positions in the Mexican peso as its value strengthened
relative to the U.S. dollar.  Additional gains were recorded
throughout a majority of the first quarter from short positions
in the Japanese yen as the value of the yen weakened relative to
the U.S. dollar on concerns for the Japanese economy and in both
anticipation and reaction to the Bank of Japan's decision to
reinstate its zero interest rate policy.  In the global stock
index futures markets, gains of approximately 2.8% were recorded
primarily during February and March from short positions in Hong
Kong, U.S. and European stock index futures as prices declined on

<page>
weakness in high technology issues and fears of a cooling global
economic environment.  These gains were partially offset by
losses of approximately 2.6% recorded in the global interest rate
futures markets primarily during April as a portion of previously
recorded profits was given back from long positions in U.S. and
European interest rate futures as prices reversed sharply lower,
after trending higher earlier this year, as investors deserted
fixed income securities in an asset shift to equities.  Losses
were also recorded from short positions in U.S. interest rate
futures as prices moved higher in a flurry of flight-to-quality
buying spawned by Middle East instability on June 22nd and in
anticipation of the Federal Reserve interest rate cut in late
June.  Additional losses were recorded during the third week of
June from short positions in German interest rate futures as
prices increased following a drop in German business confidence
data and signs that inflation may have peaked in that region,
which reinforced the prospects of European interest rate cuts.
In the energy markets, losses of approximately 2.2% were recorded
throughout the first six months of the year from crude oil
futures and its related products as a result of volatility in oil
prices due to a continually changing outlook for supply,
production and demand.  In the soft commodities markets, losses
of approximately 1.2% were recorded primarily during April from
short sugar futures positions as prices increased on technical
factors.  Total expenses for the six months ended June 30, 2001

<page>
were $679,492, resulting in net income of $361,823.  The net
asset value of a Unit increased from $1,005.36 at December 31,
2000 to $1,036.09 at June 30, 2001.

For the Quarter and Six Months Ended June 30, 2000
For the quarter ended June 30, 2000, the Partnership recorded
total trading losses, net of interest income, of $628,693 and
posted a decrease in net asset value per Unit.  The most
significant losses of approximately 5.4% were recorded in the
global interest rate futures markets primarily from long U.S.
interest rate futures positions during April as prices declined
amid fears of higher interest rates and inflation.  Newly
established short U.S. interest rate futures positions incurred
additional losses during May as prices moved higher later in the
month as investors shed stock holdings for the safe haven of
bonds.  Losses were also recorded from long German interest rate
futures positions during June as European bond prices declined
following the European Central Bank's interest rate increase,
anxiety about oil prices prior to OPEC's meeting, weakness in the
euro and strong German inflation numbers.  Additional losses of
approximately 4.6% were experienced in the currency markets as a
reversal lower in the value of the U.S. dollar relative to other
major currencies resulted in losses for short Japanese yen
positions during June.  In the metals markets, losses of
approximately 2.1% were incurred from long nickel futures
positions as most base metals prices moved lower in late May amid
<page>
a technical sell-off.  Short silver futures positions also
incurred losses as prices surged during late May, helped by a jump
in gold prices and a slip in the U.S. dollar.  In the global stock
index futures markets, losses of approximately 2.0% were recorded
from trading Hang Seng Index futures during April and June.  Long
DAX Index futures positions were also unprofitable as European
stock index futures prices decreased after the European Central
Bank's aggressive interest rate hike.  Smaller losses of
approximately 0.6% were recorded in the agricultural markets
during May and June from short wheat futures positions as prices
move higher on weather concerns.  A portion of overall Partnership
losses was offset by gains recorded in the energy markets of
approximately 5.7% primarily from long natural gas futures
positions as prices moved to four-year highs during May amid
supply woes that were heightened by low storage injection data
reported by the American Gas Association.  Additional gains of
approximately 1.0% were experienced in the soft commodities
markets from long sugar futures positions as prices trended to 22-
month highs during June due to strong demand and declining
production from Brazil.  Total expenses for the three months ended
June 30, 2000 were $337,746, resulting in a net loss of $966,439.
The net asset value of a Unit decreased from $939.01 at March 31,
2000 to $868.59 at June 30, 2000.



<page>
For the six months ended June 30, 2000 the Partnership recorded
total trading losses, net of interest income, of $680,473 and
posted a decrease in net asset value per Unit.  The most
significant losses of approximately 6.4% were recorded in the
global interest rate futures markets primarily from long U.S.
interest rate futures positions during April as prices declined
amid fears of higher interest rates and inflation.  Newly
established short U.S. interest rate futures positions contributed
to these losses during May as prices moved higher later in the
month as investors shed stock holdings for the safe haven of
bonds.  Additional losses of approximately 5.1% were experienced
in the currency markets primarily from short Japanese yen
positions as the value of the yen strengthened versus the U.S.
dollar and major European currencies during March on reports of
yen repatriation by institutions ahead of the Japanese fiscal
year-end on March 31.  During June, short Japanese yen positions
incurred losses as the value of the U.S. dollar weakened versus
the yen on the perception that interest rates in the U.S. may have
topped out.  In the global stock index futures markets, losses of
approximately 4.1% resulted primarily from trading Hang Seng Index
futures throughout the first half of the year.  In the metals
markets, losses of approximately 2.0% were incurred primarily from
short silver futures positions as prices surged during late May on
a jump in gold prices and a slip in the U.S. dollar.  Smaller
losses of approximately 1.5% were recorded in the agricultural
markets primarily from long wheat futures positions during
<page>
February as prices declined on insufficient demand and heavy rain
in the U.S. production area.  Newly established short wheat
futures positions were also unprofitable as prices moved higher
during March and a majority of the second quarter on weather
concerns.  A portion of overall Partnership losses was offset by
gains of approximately 7.0% recorded in the energy markets
primarily from long natural gas futures positions as prices moved
to four-year highs during May amid supply woes that were
heightened by low storage injection data.  Long futures positions
in crude oil and its refined products also contributed profits as
oil prices increased during January on growing speculation that
OPEC would extend production cuts beyond the deadline of March
2000.  Additional gains of approximately 1.0% were recorded in the
soft commodities markets primarily from long sugar futures
positions as prices trended to 22-month highs during June due to
strong demand and declining production from Brazil.  During the
first quarter, short sugar futures positions also resulted in
gains as prices dropped during January amid sustained fears of
global supply surplus.  Total expenses for the six months ended
June 30, 2000 were $735,918, resulting in a net loss of
$1,416,391.  The net asset value of a Unit decreased from $970.18
at December 31, 1999 to $868.59 at June 30, 2000.




<page>

Item 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Introduction
The Partnership is a commodity pool engaged primarily in the
speculative trading of futures, forwards and options.  The market-
sensitive instruments held by the Partnership are acquired for
speculative trading purposes only and, as a result, all or
substantially all of the Partnership's assets are at risk of
trading loss.  Unlike an operating company, the risk of market-
sensitive instruments is central, not incidental, to the
Partnership's main business activities.

The futures, forwards and options traded by the Partnership
involve varying degrees of related market risk.  Market risk is
often dependent upon changes in the level or volatility of
interest rates, exchange rates, and prices of financial
instruments and commodities.  Fluctuations in market risk based
upon these factors 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 total market risk is influenced by a wide
variety of factors, including the diversification among the
Partnership's open positions, the volatility present within the
markets, and the liquidity of the markets.  At different times,
each of these factors may act to increase or decrease the market
risk associated with the Partnership.
<page>
The Partnership's past performance is not necessarily indicative
of its future results. Any attempt to numerically quantify the
Partnership's market risk is limited by the uncertainty of its
speculative trading.  The Partnership's speculative trading may
cause future losses and volatility (i.e. "risk of ruin") that far
exceed the Partnership's experience to date or any reasonable
expectations based upon historical changes in market value.

Quantifying the Partnership's Trading Value at Risk

The following quantitative disclosures regarding the
Partnership's market risk exposures contain "forward-looking
statements" within the meaning of the safe harbor from civil
liability provided for such statements by the Private Securities
Litigation Reform Act of 1995 (set forth in Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange
Act of 1934).  All quantitative disclosures in this section are
deemed to be forward-looking statements for purposes of the safe
harbor, except for statements of historical fact.

The Partnership accounts for open positions using mark-to-market
accounting principles.  Any loss in the market value of the
Partnership's open positions is directly reflected in the
Partnership's earnings, whether realized or unrealized, and its
cash flow.  Profits and losses on open positions of exchange-
traded futures, forwards and options are settled daily through
variation margin.
<page>
The Partnership's risk exposure in the market sectors traded by
the Trading Advisors is estimated below in terms of Value at Risk
("VaR"). The VaR model used by the Partnership includes many
variables that could change the market value of the Partnership's
trading portfolio.  The Partnership estimates VaR using a model
based upon historical simulation with a confidence level of 99%.
Historical simulation involves constructing a distribution of
hypothetical daily changes in the value of a trading portfolio.
The VaR model takes into account linear exposures to price and
interest rate risk.  Market risks that are incorporated in the
VaR model include equity and commodity prices, interest rates,
foreign exchange rates, and correlation among these variables.
The hypothetical changes in portfolio value are based on daily
percentage changes observed in key market indices or other market
factors ("market risk factors") to which the portfolio is
sensitive. The historical observation period of the Partnership's
VaR is approximately four years.  The one-day 99% confidence
level of the Partnership's VaR corresponds to the negative change
in portfolio value that, based on observed market risk factors,
would have been exceeded once in 100 trading days.

Var models, including the Partnership's, are continuously
evolving as trading portfolios become more diverse and modeling
techniques and systems capabilities improve.  Please note that
the VaR model is used to numerically quantify market risk for
historic reporting purposes only and is not utilized by either
<page>
Demeter or the Trading Advisors in its daily risk management
activities.

The Partnership's Value at Risk in Different Market Sectors
The following table indicates the VaR associated with the
Partnership's open positions as a percentage of total net assets
by primary market risk category at June 30, 2001 and 2000.  At
June 30, 2001 and 2000, the Partnership's total capitalization was
approximately $11 million.

Primary Market		    June 30, 2001	     June 30, 2000
Risk Category	  	    Value at Risk	  	Value at Risk

	Currency			   	  (2.26)%			    (1.11)%

	Interest Rate			  (1.42)	 		    (1.71)

Equity				  (0.96)			    (0.64)

Commodity				  (1.44)			    (1.29)

Aggregate Value at Risk	  (3.12)%			    (2.25)%


Aggregate Value at Risk represents the aggregate VaR of all the
Partnership's open positions and not the sum of the VaR of the
individual market categories listed above.  Aggregate VaR will be
lower as it takes into account correlation among different
positions and categories.

The table above represents the VaR of the Partnership's open
positions at June 30, 2001 and 2000 only and is not necessarily
representative of either the historic or future risk of an
<page>
investment in the Partnership. Because the Partnership's only
business is the speculative trading of futures, forwards and
options, the composition of its trading portfolio can change
significantly over any given time period, or even within a single
trading day. Any changes in open positions could positively or
negatively materially impact market risk as measured by VaR.

The table below supplements the quarter-end VaR by presenting the
Partnership's high, low and average VaR, as a percentage of total
net assets for the four quarterly reporting periods from July 1,
2000 through June 30, 2001.

Primary Market Risk Category       High        Low     Average
Currency	(2.26)%	 (1.10)%	 (1.74)%

Interest Rate	(2.36)	 (1.13)	 (1.55)

Equity	(1.17)	 (0.58)	 (0.96)

Commodity	(1.44)	 (0.81)	 (1.09)

Aggregate Value at Risk	(3.12)%	 (2.62)%	 (2.86)%


Limitations on Value at Risk as an Assessment of Market Risk
The face value of the market sector instruments held by the
Partnership is typically many times the applicable margin
requirements.  Margin requirements generally range between 2% and
15% of contract face value. Additionally, the use of leverage
causes the face value of the market sector instruments held by the
Partnership to typically be many times the total capitalization of
<page>
the Partnership.  The value of the Partnership's open positions
thus creates a "risk of ruin" not typically found in other
investments.  The relative size of the positions held may cause
the Partnership to incur losses greatly in excess of VaR within a
short period of time, given the effects of the leverage employed
and market volatility.  The VaR tables above, as well as the past
performance of the Partnership, give no indication of such "risk
of ruin". In addition, VaR risk measures should be viewed in light
of the methodology's limitations, which include the following:
?	past changes in market risk factors will not always result in
accurate predictions of the distributions and correlations of
future market movements;
?	changes in portfolio value caused by market movements may
differ from those of the VaR model;
?	VaR results reflect past trading positions while future risk
depends on future positions;
?	VaR using a one-day time horizon does not fully capture the
market risk of positions that cannot be liquidated or hedged
within one day; and
?	the historical market risk factor data used for VaR estimation
may provide only limited insight into losses that could be
incurred under certain unusual market movements.

The VaR tables above present the results of the Partnership's VaR
for each of the Partnership's market risk exposures and on an
<page>
aggregate basis at June 30, 2001 and for the end of the four
quarterly reporting periods from July 1, 2000 through June 30,
2001.  Since VaR is based on historical data, VaR should not be
viewed as predictive of the Partnership's future financial
performance or its ability to manage or monitor risk.  There can
be no assurance that the Partnership's actual loss on a particular
day will not exceed the VaR amounts indicated above or that such
losses will not occur more than once in 100 trading days.

Non-Trading Risk
The Partnership has non-trading market risk on its foreign cash
balances not needed for margin.  These balances and any market
risk they may represent are immaterial.

At June 30, 2001 the Partnership's cash balance at Morgan Stanley
DW was approximately 85% of its total net asset value.  A decline
in short-term interest rates will result in a decline in the
Partnership's cash management income. This cash flow risk is not
considered material.

Materiality, as used throughout this section, is based on an
assessment of reasonably possible market movements and any
associated potential losses, taking into account the leverage,
optionality and multiplier features of the Partnership's market-
sensitive instruments, in relation to the Partnership's net
assets.
<page>
Qualitative Disclosures Regarding Primary Trading Risk Exposures
The following qualitative disclosures regarding the Partnership's
market risk exposures - except for (A) those disclosures that are
statements of historical fact and (B) the descriptions of how the
Partnership manages its primary market risk exposures -
constitute forward-looking statements within the meaning of
Section 27A of the Securities Act and Section 21E of the
Securities Exchange Act.  The Partnership's primary market risk
exposures as well as the strategies used and to be used by
Demeter and the Trading Advisors for managing such exposures are
subject to numerous uncertainties, contingencies and risks, any
one of which could cause the actual results of the Partnership's
risk controls to differ materially from the objectives of such
strategies. Government interventions, defaults and expro-
priations, illiquid markets, the emergence of dominant
fundamental factors, political upheavals, changes in historical
price relationships, an influx of new market participants,
increased regulation and many other factors could result in
material losses as well as in material changes to the risk
exposures and the risk management strategies of the Partnership.
Investors must be prepared to lose all or substantially all of
their investment in the Partnership.

The following were the primary trading risk exposures of the
Partnership at June 30, 2001, by market sector.  It may be

<page>
anticipated however, that these market exposures will vary
materially over time.

Currency.	 The primary market exposure at June 30, 2001 was in
the currency complex.  The Partnership's currency exposure was to
exchange rate fluctuations, primarily fluctuations which disrupt
the historical pricing relationships between different currencies
and currency pairs.  Interest rate changes as well as political
and general economic conditions influence these fluctuations.
The Partnership trades in a large number of currencies, including
cross-rates - i.e., positions between two currencies other than
the U.S. dollar.  At June 30, 2001, the Partnership's major
exposures were to the euro currency crosses and outright U.S.
dollar positions.  Outright positions consist of the U.S. dollar
vs. other currencies.  These other currencies include major and
minor currencies.  Demeter does not anticipate that the risk
profile of the Partnership's currency sector will change
significantly in the future.  The currency trading VaR figure
includes foreign margin amounts converted into U.S. dollars with
an incremental adjustment to reflect the exchange rate risk
inherent to the dollar-based Partnership in expressing VaR in a
functional currency other than dollars.

Interest Rate.  The next largest market exposure in the
Partnership at June 30, 2001 was to the global interest rate
complex.  Exposure was primarily spread across the European,
<page>
Japanese and U.S. interest rate sectors.  Interest rate movements
directly affect the price of the sovereign bond futures positions
held by the Partnership and indirectly affect the value of its
stock index and currency positions.  Interest rate movements in
one country as well as relative interest rate movements between
countries materially impact the Partnership's profitability.  The
Partnership's primary interest rate exposure is generally to
interest rate fluctuations in the United States and the other G-7
countries.  The G-7 countries consist of France, U.S., Britain,
Germany, Japan, Italy and Canada.  However, the Partnership also
takes futures positions in the government debt of smaller nations
- e.g. Australia.  Demeter anticipates that G-7 interest rates
will remain the primary interest rate exposure of the Partnership
for the foreseeable future.  The changes in interest rates which
have the most effect on the Partnership are changes in long-term,
as opposed to short-term, rates.  Most of the speculative futures
positions held by the Partnership are in medium to long-term
instruments.  Consequently, even a material change in short-term
rates would have little effect on the Partnership, were the
medium to long-term rates to remain steady.

Equity.  The primary equity exposure at June 30, 2001 was to
equity price risk in the G-7 countries.  The stock index futures
traded by the Partnership are by law limited to futures on
broadly-based indices.  At June 30, 2001, the Partnership's
primary exposures were to the Hang Seng (China), DAX (German) and
<page>
S&P 500 (U.S.) stock indices.  Historically, the Partnership has
been primarily exposed to the risk of adverse price trends or
static markets in the U.S., European and Japanese indices.
                             - 31 -
Static markets would not cause major market changes but would
make it difficult for the Partnership to avoid being "whipsawed"
into numerous small losses.

Commodity
Energy.  At June 30, 2001, the Partnership's energy exposure
was shared primarily by futures contracts in the crude oil
and natural gas markets.  Price movements in these markets
result from political developments in the Middle East,
weather patterns, and other economic fundamentals.  It is
possible that volatility will remain high.  Significant
profits and losses which have been experienced in the past,
are expected to continue to be experienced in this market.
Natural gas has exhibited volatility in prices resulting
from weather patterns and supply and demand factors and may
continue in this choppy pattern.

Soft Commodities and Agriculturals.  At June 30, 2001, the
Partnership had exposure to the markets that comprise these
sectors.  Most of the exposure, however, was to soybeans and
its related products, sugar, and orange juice.  Supply and

<page>
demand inequalities, severe weather disruption, and market
expectations affect price movements in these markets.

Metals.  The Partnership's primary metals market exposure at
June 30, 2001 was to the price of gold and silver.  Although
certain Trading Advisors will from time to time trade base
metals such as aluminum, zinc, nickel, and copper, the
principal market exposures of the Partnership have
consistently been in precious metals, such as gold and
silver.  Market exposure to precious metals was evident, as
gold and silver prices continued to be volatile during the
quarter.  The Trading Advisors from time to time take
positions when market opportunities develop.

Qualitative Disclosures Regarding Non-Trading Risk Exposure
The following was the only non-trading risk exposure of the
Partnership at June 30, 2001:

Foreign Currency Balances.  The Partnership's primary
foreign currency balances at June 30, 2001 were in Japanese
yen, euros and British pounds.  The Partnership controls the
non-trading risk of these balances by regularly converting
these balances back into dollars upon liquidation of their
respective positions.


<page>
Qualitative Disclosures Regarding Means of Managing Risk Exposure
The Partnership and the Trading Advisors, separately, attempt to
manage the risk of the Partnership's open positions in
essentially the same manner in all market categories traded.
Demeter attempts to manage market exposure by diversifying the
Partnership's assets among different Trading Advisors, each of
whose strategies focus on different market sectors and trading
approaches, and monitoring the performance of the Trading
Advisors daily.  In addition, the Trading Advisors establish
diversification guidelines, often set in terms of the maximum
margin to be committed to positions in any one market sector or
market-sensitive instrument.

Demeter monitors and controls the risk of the Partnership's non-
trading instrument, cash.  Cash is the only Partnership
investment directed by Demeter, rather than the Trading Advisors.










<page>
PART II.  OTHER INFORMATION

Item 1.  LEGAL PROCEEDINGS
In April 2001, the Appellate Division of New York State dismissed
the class action previously disclosed in the Partnership's Form
10-K for the year ended December 31, 2000.  Because plaintiffs did
not exercise their right to appeal any further, this dismissal
constituted a final resolution of the case.

Item 6.	EXHIBITS AND REPORTS ON FORM 8-K
(A)   Exhibits
 3.01	Limited Partnership Agreement of the Partnership, dated as
of November 7, 1991, is incorporated by reference to Exhibit
3.01 and Exhibit 3.02 of the Partnership's Registration
Statement on Form S-1.

10.01	Management Agreements among the Partnership, Demeter and
A.O. Management, Inc., Chang Crowell and Millburn, each
dated as of December 31, 1991, are incorporated by reference
to Exhibit 10.02 of the Partnership's Registration Statement
on Form S-1.

10.02	Management Agreement among the Partnership, Demeter
Management Corporation and ELM Financial Incorporated, dated
as of May 1, 1994, is incorporated by reference to Exhibit
10.03 of the Partnership's Annual Report on Form 10-K for
the fiscal year ended December 31, 1994.

10.03	Management Agreement among the Partnership, Demeter
Management Corporation and EMC Capital Management, Inc.,
dated as of June 1, 1994, is incorporated by reference to
Exhibit 10.04 of the Partnership's Annual Report on Form 10-
K for the fiscal year ended December 31, 1994.

10.04	Amended and Restated Customer Agreement, dated as of
December 1, 1997, between the Partnership and Dean Witter
Reynolds Inc. is incorporated by reference to Exhibit 10.05
of the Partnership's Form 10-K (File No. 0-19901) for the
fiscal year ended December 31, 1998.

<page>
10.05	Customer Agreement, dated as of December 1, 1997, among the
Partnership, Carr Futures, Inc., and Dean Witter Reynolds
Inc. is incorporated by reference to Exhibit 10.05 of the
Partnership's Form 10-K (File No. 0-19901) for the fiscal
year ended December 31, 1998.

10.06	International Foreign Exchange Master Agreement, dated as of
August 1, 1997, between the Partnership and Carr Futures,
Inc. is incorporated by reference to Exhibit 10.06 of the
Partnership's Form 10-K (File No. 0-19901) for the fiscal
year ended December 31, 1998.

10.07	Customer Agreement, dated as of May 1, 2000, between Morgan
Stanley & Co. Incorporated, the Partnership and Dean Witter
Reynolds Inc. is incorporated by reference to Exhibit 10.07
of the Partnership's Form 10-Q (File No. 0-19901) for the
quarter ended June 30, 2000.

(B)  Reports on Form 8-K. - None.

















<page>








	SIGNATURE



Pursuant to the requirements 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.




                        Dean Witter Global Perspective
                           Portfolio L.P. (Registrant)

                        By: Demeter Management Corporation
                            (General Partner)

August 14, 2001         By:/s/Raymond E. Koch
                              Raymond E. Koch
                              Chief Financial Officer





The General Partner which signed the above is the only party
authorized to act for the Registrant.  The Registrant has no
principal executive officer, principal financial officer,
controller, or principal accounting officer and has no Board of
Directors.