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.

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.

April 2018

The New York Times—Qualcomm Confronts Next Battle: Apple

Jerome Dodson, founder and chief executive officer of Parnassus Investments, discusses his views on the hostile takeover bid for the chipmaker Qualcomm and Qualcomm’s conflict with Apple.

February 2018

The New York Times—Cutting Emissions While Earning Cash

Samantha D. Palm, Portfolio manager of the Parnassus Fixed Income Fund, discusses how investing in green bonds can help address environmental problems.

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.

September 2017

Value Investor Insight—The High Road

Value Investor Insight takes a deep dive into how Parnassus Investments chooses stocks in this interview with CEO Jerome Dodson and CIO Todd Ahlsten.

Performance data is not current for archived Parnassus Fund Reports.

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.

August 2017

Parnassus Funds Semiannual Report 06/30/17

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

May 2017

Parnassus Funds Quarterly Report 03/31/17

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

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.

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.

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.

 

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.

April 2018

Corporate Reporting that Fosters Innovation

Integrated reporting, which presents ESG metrics alongside traditional financial metrics in a company’s 10-K annual report, may help increase innovation, create cost savings and enhance stakeholder value.

March 2018

Using Investment Capital in the Fight Against Gun Violence

Investors can encourage businesses to address gun violence through engagement or avoiding investments in the weapons industry.

March 2018

The Electrifying Future of Transportation

Companies that lead the technological revolution to wean the transportation industry from fossil fuels are likely to be rewarded with outsized future earnings for their shareholders.

January 2018

Pressuring Drug Distributors to Step Up

How can investors encourage pivotal companies in the healthcare industry to help stem the opioid crisis? Parnassus uses two tools, engagement and divestment.