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 March 31, 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

	March 31, 2001

   <CAPTION>


PART I. FINANCIAL INFORMATION

Item 1. Financial Statements
<S>				<C>
		Statements of Financial Condition at March 31, 2001
 		(Unaudited) and December 31, 2000..........................2

		Statements of Operations for the Quarters Ended
		March 31, 2001 and 2000 (Unaudited)........................3

		Statements of Changes in Partners' Capital for the
	  Quarters Ended 	March 31, 2001 and 2000 (Unaudited).........4

		Statements of Cash Flows for the Quarters Ended
		March 31, 2001 and 2000 (Unaudited) .......................5

		Notes to Financial Statements (Unaudited)...............6-11

Item 2.	Management's Discussion and Analysis of
			Financial Condition and Results of Operations.......12-17

Item 3.	Quantitative and Qualitative Disclosures about
			Market Risk.........................................17-30

Part II. OTHER INFORMATION

Item 1.	Legal Proceedings..................................... 31

Item 6.	Exhibits and Reports on Form 8-K....................31-32




</TABLE>







<PAGE>
<TABLE>

PART I.  FINANCIAL INFORMATION

Item 1.  Financial Statements

	DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
	STATEMENTS OF FINANCIAL CONDITION
<CAPTION>
	March 31,	     December 31,
                          2001   	    2000
	$	   $
	(Unaudited)
ASSETS
<S>	<C>	<C>
Equity in futures interests trading accounts:
	Cash	10,951,248	9,831,603

	Net unrealized gain on open contracts (MS & Co.)	1,912,192                        	2,003,653
	Net unrealized loss on open contracts (MSIL)                                     (4,948)                        	 (83,706)

	Total net unrealized gain on open contracts	   1,907,244	  1,919,947

	     Total Trading Equity	12,858,492	11,751,550

Due from Morgan Stanley DW	86,106	          23,246
Interest receivable (Morgan Stanley DW)	       36,948	          44,060

	     Total Assets	    12,981,546	    11,818,856


LIABILITIES AND PARTNERS' CAPITAL

Liabilities

Redemptions payable	117,806	123,597
Accrued incentive fees          49,144                                    -
Accrued management fees	32,300	29,535
Accrued administrative expenses	         12,182	         4,670

	     Total Liabilities	      211,432	      157,802

Partners' Capital

	Limited Partners (11,064.804 and
       11,382.944 Units, respectively) 	12,525,640	11,443,935
	General Partner (215.962 Units)	     244,474	      217,119

	Total Partners' Capital	   12,770,114	  11,661,054

	Total Liabilities and Partners' Capital	   12,981,546	   11,818,856
NET ASSET VALUE PER UNIT	        1,132.03     	        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 March 31,

	   2001   	   2000
	 $	   $
REVENUES
<S>			<C>		<C>
	Trading profit (loss):
		Realized	1,699,044		  189,568
	  	Net change in unrealized	      (12,703	)                   ( 401,806)

			Total Trading Results	1,686,341	                     (212,238)

	Interest Income (Morgan Stanley DW)	     113,881	                      160,458

			Total  	   1,800,222		      (51,780)


EXPENSES

	Brokerage commissions (Morgan Stanley DW)	187,276		252,526
	Management fees	90,370		108,298
	Incentive fees  	49,144	                            -
	Transaction fees and costs	 23,951		 28,346
	Administrative expenses	       7,512		       9,002

		Total 	     358,253		    398,172

NET INCOME (LOSS)	   1,441,969	                     (449,952)

NET INCOME (LOSS) ALLOCATION

	Limited Partners	1,414,614		(443,221)
	General Partner	27,355		(6,731)


NET INCOME (LOSS) PER UNIT

	Limited Partners                                                                              126.67			(31.17)
	General Partner                                                                               126.67	 	(31.17)

<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 Quarters Ended March 31, 2001 and 2000
(Unaudited)

<CAPTION>



	Units of
	Partnership	Limited	General
	   Interest   	Partners	Partner	Total


<S>	<C>		<C>		<C>		<C>

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

Net Loss                                                                 -		             (443,221)		(6,731)		(449,952)

Redemptions  	   (1,179.184)		   (1,134,262)	                   -       		   (1,134,262)

Partners' Capital,
	March 31, 2000   	  14,122.874	   	$13,058,762		$202,791		$13,261,553




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

Net Income                                                                 -			1,414,614		27,355		1,441,969

Redemptions                  (318.140)	        (332,909) 	  _____-___ 	               (332,909)

Partners' Capital,
	March 31, 2001    	  11,280.766	   	$12,525,640		$244,474		$12,770,114






<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 Quarters Ended March 31,

	      2001     	      2000
	    $	      $
CASH FLOWS FROM OPERATING ACTIVITIES
<S>			<C>		<C>
Net income (loss)                   	1,441,969		          (449,952)
Noncash item included in net income (loss):
		Net change in unrealized	12,703	                    401,806

(Increase) decrease in operating assets:
		Due from Morgan Stanley DW                                                (62,860	)                     	(272)
	  	Interest receivable (Morgan Stanley DW) 	7,112		       (1,801)

Increase (decrease) in operating liabilities:
		Accrued incentive fees                                                             49,144	                           -
		Accrued management fees                                                        2,765  	     (3,849	)
    	 	Accrued administrative expenses	         7,512	 	       5,604

Net cash provided by (used for) operating activities                         1,458,345	                     (48,464	)

CASH FLOWS FROM FINANCING ACTIVITIES

	Increase (decrease) in redemptions payable                                     (5,791)	                     48,362
	Redemptions of Units                                                                      (332,909)              (1,134,262)

Net cash used for financing activities                                                 (338,700)	               (1,085,900)

Net increase (decrease) in cash	   1,119,645		 (1,134,364)

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

Balance at end of period	  10,951,248		  12,963,692




<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
(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, forwards and options 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").  Prior to May
2000, Carr Futures Inc. provided clearing and execution services.
Demeter, Morgan Stanley DW, MS & Co. and MSIL are wholly-owned
subsidiaries of Morgan Stanley Dean Witter & Co.   The trading
<PAGE>
DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
NOTES TO FINANCIAL STATEMENTS (CONTINUED)

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, forward and options 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.



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

The Partnership accounts 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 gain on open contracts is reported as a
component of "Equity in futures interests trading accounts" on the
statements of financial condition and totaled $1,907,244 and
$1,919,947 at March 31, 2001 and December 31, 2000, respectively.


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

Of the $1,907,244 net unrealized gain on open contracts at March
31, 2001, $1,443,253 related to exchange-traded futures contracts
and $463,991 related to off-exchange-traded forward currency
contracts.

Of the $1,919,947 net unrealized gain on open contracts at
December 31, 2000, $1,419,017 related to exchange-traded futures
contracts and $500,930 related to off-exchange-traded forward
currency contracts.

Exchange-traded futures and futures-styles options contracts held
by the Partnership at March 31, 2001 and December 31, 2000 mature
through December 2001 and September 2001, respectively. Off-
exchange-traded forward currency contracts held by the Partnership
at March 31, 2001 and December 31, 2000 mature through June 2001
and March 2001, respectively.

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

counterparties with respect to most of the Partnership's assets.

Exchange-traded futures and future-styled options 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 options 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
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 options contracts,
which funds, in the aggregate, totaled $12,394,501 and $11,250,620
at March 31, 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 is there 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
<PAGE>
DEAN WITTER GLOBAL PERSPECTIVE PORTFOLIO L.P.
NOTES TO FINANCIAL STATEMENTS (CONCLUDED)


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 options 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 options 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 ("Units") 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, forwards, and options markets.  The following presents a
summary of the Partnership's operations for the quarters ended
March 31, 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 Ended March 31, 2001
For the quarter ended March 31, 2001, the Partnership recorded
total trading revenues including interest income of $1,800,222
and posted an increase in net asset value per Unit.  The most
significant gains of approximately 5.7% were recorded throughout
the quarter in the currency markets primarily 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
<PAGE>
decision to reinstate its zero interest rate policy.  Additional
gains of approximately 5.2% were recorded from short positions in
global stock index futures during February and March as U.S.,
Hong Kong and German equity prices declined on weakness in high
technology issues and fears of a cooling global economic
environment.  Profits of approximately 3.0% were recorded in the
global interest rate futures markets primarily from long
positions in Japanese interest rate futures as Japanese
government bond prices increased during January and February amid
weak Japanese stock prices and disappointing economic data in
that country.  Additional gains were recorded primarily during
January from long positions in U.S. eurodollar futures as prices
moved higher due to a surprise interest rate cut by the U.S.
Federal Reserve early in the month and the subsequent
anticipation of an additional interest rate cut by the U.S.
Federal Reserve later in January.  A portion of overall
Partnership gains for the quarter was offset by losses of
approximately 3.2% recorded during January and March in the
energy markets primarily from long positions in natural gas
futures as prices declined amid forecasts for warmer weather in
key consumption areas and fluctuating inventory data.  Total
expenses for the three months ended March 31, 2001 were $358,253,
resulting in net income of $1,441,969.  The net asset value of a
Unit increased from $1,005.36 at December 31, 2000 to $1,132.03
at March 31, 2001.

<PAGE>
For the Quarter Ended March 31, 2000
For the quarter ended March 31, 2000, the Partnership recorded
total trading losses net of interest income of $51,780 and posted
a decrease in net asset value per Unit. The most significant
losses of approximately 2.3% were recorded in the global stock
index futures markets primarily from long Hang Seng Index futures
positions as Hong Kong's benchmark index plunged during January to
its biggest point fall since the Asian financial crisis erupted in
1997.  The index slumped on the poor performance of U.S. stocks as
fears of rising interest rates prompted investors to take profits.
Additional losses of approximately 1.5% were experienced in the
global interest rate futures markets from long Japanese government
bond futures positions as prices slid lower during February in
reaction to the Japanese yen's weakness and a higher Nikkei 225
Index.  In the currency markets, losses of approximately 1.0% were
incurred from short Japanese yen positions as the value of the yen
reversed higher 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.
In the agricultural markets, losses of approximately 1.0% were
recorded from long wheat futures positions as prices declined
during February as a result of insufficient demand and heavy rain
in the U.S. production area.  Newly established short positions
resulted in additional losses during March as wheat prices surged
as warm and dry forecasts for the central U.S. supported the
entire grains complex.  Smaller losses of approximately 0.1% were
<PAGE>
experienced in the metals markets due to choppy price movement in
gold futures and a reversal lower in base metals prices,
particularly in copper futures, during February.  A portion of
overall Partnership losses was offset by gains recorded in the
energy markets of approximately 1.9% from long crude oil futures
positions as oil prices increased during January on growing
speculation that OPEC would extend production cuts beyond the
current deadline of March 2000 and frigid weather in the
Northeastern U.S.  Additional gains of approximately 0.1% were
produced in the soft commodities markets from short sugar futures
positions as prices dropped during January amid sustained fears of
a global supply surplus.  Total expenses for the three months
ended March 31, 2000 were $398,172, resulting in net loss of
$449,952.  The value of a Unit decreased from $970.18 on December
31, 1999 to $939.01 at March 31, 2000.

Item 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Introduction
The Partnership is a commodity pool involved 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.
<PAGE>
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.

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
<PAGE>
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.

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
<PAGE>
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
Demeter or the Trading Advisors in their 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 March 31, 2001 and 2000.


<PAGE>
At March 31, 2001 and 2000, the Partnership's total capitalization
was approximately $13 million.

Primary Market		   March 31, 2001	    March 31, 2000
Risk Category	  	    Value at Risk	  	Value at Risk

	Currency				  (2.22)% 			(1.58)%

	Interest Rate			  (1.29)				(1.62)

Equity				  (1.17)				(0.69)

Commodity				  (0.99)				(0.70)

Aggregate Value at Risk	  (2.93)%				(2.49)%


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 March 31, 2001 and 2000 only and is not necessarily
representative of either the historic or future risk of an
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.

<PAGE>
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 April 1,
2000 through March 31, 2001.
Primary Market Risk Category        High      Low     Average
Currency	(2.22)%	(1.10)%	(1.45)%

Interest Rate	(2.36)	(1.13)	(1.62)

Equity	(1.17)	(0.58)	(0.88)

Commodity	(1.29)	(0.81)	(1.05)

Aggregate Value at Risk	(2.93)%	(2.25)%	(2.65)%



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
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

<PAGE>
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 in response to 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
aggregate basis at March 31, 2001 and for the end of the four
quarterly reporting periods from April 1, 2000 through March 31,
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


<PAGE>
be no assurance that the Partnership's actual losses 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 March 31, 2001 the
Partnership's cash balance at Morgan Stanley DW was approximately
80% 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.

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
<PAGE>
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 March 31, 2001, by market sector.  It may be
anticipated however, that these market exposures will vary
materially over time.

Currency.  The primary market exposure of the Partnership at
March 31, 2001 was to the currency complex.  The Partnership's
<PAGE>
currency exposure was to exchange rate fluctuations, primarily
fluctuations which disrupt the historical pricing relationship
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.  For the first
quarter of 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 second largest market exposure at March 31,
2001 was to the global interest rate complex.  Exposure was
primarily spread across the European 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
<PAGE>
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 March 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 March 31, 2001, the Partnership's primary exposures
were to the Hang Seng (China), DAX (Germany) and FTSE (Britain)
stock indices.  The Partnership is primarily exposed to the risk
of adverse price trends or static markets in the U.S., European,
and Japanese indices.  Static markets would not cause major
market changes but would make it difficult for the Partnership to
<PAGE>
avoid being "whipsawed" into numerous small losses.

Commodity.
Energy.  At March 31, 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 March 31, 2001, the
Partnership had exposure to the markets that comprise these
sectors.  Most of the exposure, however, was in the sugar,
coffee, and corn markets.  Supply and demand inequalities,
severe weather disruption, and market expectations affect
price movements in these markets.

Metals.  The Partnership's primary metals market exposure at
March 31, 2001 was to fluctuations in the price of gold and
silver.  Although certain Trading Advisors will, from time

<PAGE>
to time, trade base metals such as aluminum, copper, nickel,
and zinc, 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 prices continued to be volatile during the quarter.
Silver prices remained volatile over this period as well.
The Trading Advisors have, from time to time, taken
positions when market opportunities developed.

Qualitative Disclosures Regarding Non-Trading Risk Exposure
The following was the only non-trading risk exposure of the
Partnership at March 31, 2001:

Foreign Currency Balances.  The Partnership's primary
foreign currency balances were in euros, Japanese yen and
Hong Kong dollars.  The Partnership controls the non-trading
risk of these balances by regularly converting these
balances back into dollars upon liquidation of the
respective position.

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

<PAGE>
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
Please refer to Legal Proceedings previously disclosed in the
Partnership's Form 10-K for the year ended December 31, 2000.

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 is 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.

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.

<PAGE>
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)

May 15, 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.