Franklin College, Franklin, Ind., is considering a search for an additional domestic equity manager to diversify its $77 million endowment, said KaAnne Morris, controller. Portfolio style, size and funding source are undetermined. An October decision is expected. Separately, PIMCO and Conseco were hired as domestic fixed-income managers to replace First Chicago NBD and Banc One Investment Advisors for performance reasons, Ms. Morris said. The two managers will each run $4 million previously managed by First Chicago and Banc One. Kristina Halovanic, spokeswoman for First Chicago and Banc One, declined to comment.