Our Firm

News & Updates

The latest from us at Parnassus Investments.

Performance data is not current for archived press releases.

April 2017

Parnassus Investments Votes to Replace Wells Fargo Risk Committee Members

Arguably the most important decisions planned for this week’s Wells Fargo shareholder meeting are whether to retain or replace members of the Board of Directors. Parnassus Investments has decided to vote against five candidates for the Wells Fargo board.

February 2017

Update on Wells Fargo

Parnassus continues to use its ownership stake to address the controversies faced by Wells Fargo.

January 2017

Parnassus Fund Team Nominated for Morningstar’s 2016 U.S. Domestic-Stock Fund Manager of the Year

Parnassus Investments is pleased to announce that the portfolio management team for the Parnassus Fund (PARNX), which includes Jerome L. Dodson, Ian Sexsmith, CFA and Robert J. Klaber, has been nominated for the Morningstar 2016 U.S. Domestic-Stock Fund Manager of the Year.

January 2017

Benjamin E. Allen Promoted to Parnassus Investments President

Parnassus Investments is pleased to announce the appointment of Benjamin E. Allen to President of the firm effective January 1, 2017.

October 2016

Parnassus Mid Cap Fund Surpasses $1 Billion

Parnassus Investments is pleased to announce that the Parnassus Mid Cap Fund has surpassed $1 billion in assets, a marker of investor interest in the fund’s high-quality responsible investment strategy. The Mid Cap Fund is the third Parnassus fund to reach this important asset level.

Performance data is not current for archived news and updates.

April 2017

Bloomberg - Stock-Picking Champ Is a Do-Gooder Who Doesn’t Overdo Idealism

Bloomberg describes Jerome Dodson’s successful investment formula as one part idealism, two parts Graham and Dodd.

March 2017

Citywire—Manager Profile: Jerome L. Dodson

In this article, Jerome Dodson discusses his investing style and how potential policy changes could impact investors.

March 2017

Barron’s—Today’s Top 5 Stock Picks: Large-Cap Bargains

In this Barron’s article, Jerome Dodson discusses five fund holdings that not only meet our ESG criteria but are also great bargains.

March 2017

The New York Times—Sticking with Stocks, Especially When Others Don’t

Jerome Dodson, Portfolio Manager of the Parnassus Endeavor Fund, discusses his philosophy of holding on to stocks, even in down markets.

March 2017

The Wall Street Journal--Quarterly Fund Analysis: Category King

The Parnassus Endeavor Fund was featured in the Wall Street Journal as a Category King for the fourth quarter of 2016.

Performance data is not current for archived Parnassus Fund Reports.

February 2017

Parnassus Funds Annual Report 12/31/16

The annual report for the Parnassus Funds reviews the performance for the fourth quarter of 2016.

November 2016

Parnassus Funds Quarterly Report 9/30/16

The quarterly report for the Parnassus Funds reviews the performance for the third quarter of 2016.

July 2016

Parnassus Funds Semiannual Report 6/30/16

The quarterly report for the Parnassus Funds reviews the performance for the second quarter of 2016.

April 2016

Parnassus Funds Quarterly Report 3/31/16

The quarterly report for the Parnassus Funds reviews the performance for the first quarter of 2016.

February 2016

Parnassus Funds Annual Report 12/31/15

The annual report for the Parnassus Funds reviews the performance for the fourth quarter of 2015.

November 2016

Innovative Water Management Products from Well-Managed Companies

Water management is a key area where cutting-edge products offered by skillfully managed businesses can help solve environmental problems. In this brief paper, Todd Ahlsten, CIO, discusses water shortages and quality issues, and explains why the Parnassus investment team has invested in Xylem and Pentair, two companies that sell products designed to more efficiently manage water.

Performance data is not current for archived white papers.

October 2016

Why Principles and Performance? An Interview with Parnassus Investments Founder and President Jerome Dodson

Thirty years after Parnassus Investments was established, Parnassus is both an industry leader and the largest ESG mutual fund company in America. In this interview, Jerome Dodson traces the roots of the firm and explains how Parnassus implements Principles and Performance®.

May 2016

The Links Between ESG Factors and Company Performance

ESG (environmental, social and governance) research is an integral component of the firm’s investment process, providing multiple lenses to help locate hidden business risks and opportunities that may not be apparent from traditional fundamental financial analysis alone. This issue discusses how ESG research can be grounded in responsible investing principles and, at the same time, enhance investment decisions.

Welcome to Principles and Performance©, a series of emails that will focus on the connections between ESG (environmental, social and governance) factors and company performance. Parnassus Investments has offered responsibly run investment products that aim to outperform their benchmarks for more than 30 years. Today we are the largest ESG manager in a growing industry, and our growth is being fueled by investors who increasingly seek strategies that combine principles and performance.

 

April 2017

Information Security: A Major Risk Factor for Companies

With cybercrime on the rise, data security is both a growing business and a financial risk for companies today. In this issue of Principles and Performance®, we discuss how effective corporate leadership can both minimize the threat and limit the damage for companies.

March 2017

Pharmaceutical Pricing and Innovation: Striking a Balance

Parnassus evaluates the pricing structure of any pharmaceutical company under consideration for our portfolios. In this issue of Principles and Performance®, we focus on manufacturers’ drug pricing models, while recognizing that this is only one of many issues affecting the affordability and quality of medicine.

February 2017

Shareholder Engagement: A Seat at the Table

One important aspect of Parnassus’s ongoing ESG research and monitoring is encouraging positive change in portfolio companies through shareholder engagement. Read more in this month’s Principles and Performance®.

January 2017

Responsible Investing in 2017: A New Year’s Letter from Parnassus Investments

In the face of potential rollbacks on ESG issues with the incoming administration, Parnassus Investments remains committed to delivering both Principles and Performance®.

December 2016

Environmental, Social and Governance Research Resources

In this month’s issue, Parnassus Investments has collected resources you can use to learn more about the environmental, social and governance topics we’ve touched on in Principles and Performance® during 2016.