NU Online News Service, Jan. 7, 2004, 12:11 p.m. EST – Standard Life Investments, London, has hired The Bank of New York Company Inc., New York, to provide administration services for its new multi-manager funds.[@@]

The Bank of New York will provide accounting services as well as custody services, Standard Life says.

Standard Life, a unit of The Standard Life Assurance Company, London, manages the equivalent of $150 billion in assets.