National Federation of Independent Business, Nashville, Tenn., may...

National Federation of Independent Business, Nashville, Tenn., may search for a new domestic fixed-income manager to run $25 million, replacing Nicholas-Applegate, said Fred Holladay, CFO and vice president. The $40 million defined benefit plan is considering the change because Nicholas-Applegate is spinning off its domestic fixed-income unit, he said. No timetable was set for a decision.