Our Firm

News & Updates

The latest from us at Parnassus Investments.

Performance data is not current for archived press releases.

May 2018

Parnassus Lowers Fund Fees

Parnassus Investments, the largest ESG mutual fund company in the United States with five actively managed equity and fixed income funds, reduced the fees charged for most of its strategies on May 1, 2018.

April 2018

Parnassus Promotes Ian Sexsmith and Robert Klaber to Co-Leads of the Parnassus Fund

Effective May 1, 2018, the Parnassus Fund will be managed exclusively by Robert J. Klaber and Ian Sexsmith.

April 2018

Benjamin E. Allen Named Chief Executive Officer of Parnassus Investments

Benjamin E. Allen has been promoted to chief executive officer of Parnassus Investments, effective May 1, 2018.

March 2018

Billy Hwan to Join Jerome Dodson on the Parnassus Endeavor Fund

We are pleased to announce that Billy J. Hwan will join Parnassus Investments founder and CEO Jerome L. Dodson as a portfolio manager for the Parnassus Endeavor Fund, effective May 1, 2018.

March 2018

Parnassus Sells its Wells Fargo Holdings

Parnassus Investments has sold all its shares of Wells Fargo stock as of March 9, 2018.

Performance data is not current for archived news and updates.

December 2018

FA Magazine—A Long-Term Investor’s Viewpoint: Capitalizing On Tax Reform

Lori A. Keith, Parnassus Mid Cap Fund Portfolio Manager discusses how companies can invest over a long horizon to achieve sustainable growth.

November 2018

FA Magazine—Active, Passive Ways to Avoid Being Bitten by the FANGs

Todd Ahlsten, Parnassus Chief Investment Officer discusses how he invests for long-term growth, while avoiding the FANG stocks.

July 2018

Barron’s—ESG Roundtable: Great for Society, Good for Investors

Parnassus Chief Investment Officer Todd Ahlsten joined Barron’s first ever ESG Roundtable to discuss how ESG issues and investing intersect.

May 2018

Morningstar—Parnassus Investments: A Leader in Sustainable Investing

“The firm’s strong investment culture and disciplined approach distinguish it from peers, even those without sustainable investing mandates,” according to Morningstar.

November 2017

The Wall Street Transcript—Incorporating ESG Factors in a Fixed Income Fund

Samantha D. Palm, Portfolio manager of the Parnassus Fixed Income Fund, discusses her investment approach and the importance of incorporating ESG factors.

Performance data is not current for archived Parnassus Fund Reports.

November 2018

Parnassus Funds Quarterly Report 09/30/18

The quarterly report for the Parnassus Funds reviews the performance for the third quarter of 2018.

August 2018

Parnassus Funds Semiannual Report 06/30/18

The quarterly report for the Parnassus Funds reviews the performance for the second quarter of 2018.

May 2018

Parnassus Funds Quarterly Report 03/31/18

The quarterly report for the Parnassus Funds reviews the performance for the first quarter of 2018.

February 2018

Parnassus Funds Annual Report 12/31/17

The annual report for the Parnassus Funds reviews the performance for the fourth quarter of 2017.

November 2017

Parnassus Funds Quarterly Report 9/30/17

The quarterly report for the Parnassus Funds reviews the performance for the third quarter of 2017.

November 2018

Taking Action to Address Climate Change

Parnassus offers clients two distinct approaches to energy-related investments and encourages companies held in our portfolios to lower CO2 emissions, reduce fresh water use, increase energy efficiency and minimize their carbon footprint.

August 2018

A Focus on Quality Companies

Quality has no universally agreed-upon definition in finance, so it’s important to understand the unique contours of each quality-focused investment strategy. In this issue of The Parnassus View, CEO Benjamin Allen explains how the Parnassus investment team assesses company quality.

September 2017

Finding Value in Pharmaceuticals with Innovators and Cost-Reducers

A strong case can be made for investing in well-managed drug companies, particularly as a steadily growing elderly population drives demand. Portfolio Manager Robert Klaber explains Parnassus’s dual investment focus on the most innovative pharmaceutical companies and those that contribute to reducing drug costs.

June 2017

Semiconductors: Poised to Power the Internet to New Heights

The volume of connected data generated by society will continue to increase dramatically in the years ahead, and semiconductors will remain at the core of this growth. In this issue of The Parnassus View, Parnassus Chief Investment Officer Todd Ahlsten shares his thoughts on the direction of information technology.

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®.

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.

 

October 2018

Why Companies Are Embracing Diversity

In this issue of Principles and Performance®, we discuss why companies are working to improve the diversity and inclusiveness of their workforces and leadership teams.

September 2018

A Focus on Quality Companies

In this issue of Principles and Performance®, we discuss how Parnassus Investments evaluates quality and why you may choose a quality-focused strategy.

July 2018

Data Privacy: The Right to Be Forgotten

In this issue of Principles and Performance®, we discuss new legal requirements that are giving consumers more control over how their data is used and why companies’ adherence to these laws is an important consideration for investors.

June 2018

Executive Compensation and Company Performance

In this issue of Principles and Performance®, you can read about executive compensation and why we think it’s an important topic for investors to consider.

May 2018

Sustainability Resources for Investors

We at Parnassus often get questions from investors who want to stay current with ESG trends. In this issue of Principles and Performance®, we discuss three resources you can use to understand how companies and funds are contributing to environmental, social and governance progress.