During 2011 efforts were made to contact the 52 fund or portfolio managers seen in 2007 and to arrange interviews. It turned out that this was a quite major exercise requiring considerable ingenuity - because only 30/52 were in the same job in the same firm. Among the "movers" 1 had changed jobs in the same firm, 19 had moved firms and 2 had retired from the industry. Tracking them down was time-consuming.
The result of the extensive efforts to trace and make arrangements to interview all 52 managers are shown in Table 1.
|Same Job, same firm||Changed job, same firm||Changed Firm||Retired||Total|
|Interviewed||27 (90%)||1 (100%)||14 (68%)||1 (33%)||42 (83%)|
|Total||30 (58%)||1 (2%)||18 (35%)||3 (6%)||52|
90% of those in the same job were interviewed and 68% of those whom had moved - together amounting to more than four-fifths of the original sample. Only one of three managers who had retired could be reached. However, among those interviewed four were actually colleague substitutes (one colleague substituting for two others) and four, who had moved many miles away, were interviewed by phone. One other respondent has agreed to take part but the interview is not complete.
Among those not interviewed, two had retired, three asked to be excused because they had only recently got new jobs in new firms, three were in the same job but did not want to take part and two, who had moved many miles away, have not been reached. One who had moved could be reached and agreed but the interview was then cancelled due to a non-research participation policy in his new firm.
The interviews, which had to be adapted according to some differences in what managers were now doing, focused on what had happened to the respondent since 2007, their performance and pay, investment decisions they had made in the previous 2 years and their personal experience and response to the crisis. Finally they were asked to comment on the main findings about narrative reached in the 2007 study.
On this site we make available close to fill transcripts from four respondents (using pseudonyms) including the two with lengthy excerpts in the Chong and Tuckett (2014) paper:
2. Donald Crumb
3. Novak Jones
4. Peter Ross