Our Firm

News & Updates

The latest from us at Parnassus Investments.

Performance data is not current for archived press releases.

September 2016

Due Diligence on Wells Fargo

In this communication, Parnassus Investments shares its views about recent news related to Wells Fargo.

July 2016

Parnassus Funds Board of Trustees Member Alecia A. DeCoudreaux Recognized as One of Savoy Magazine’s Most Influential Black Corporate Directors for 2016

Parnassus Investments is pleased to announce the recognition of Alecia A. DeCoudreaux, a member of the Parnassus Funds’ Board of Trustees, as one of Savoy Magazine’s 2016 Most Influential Black Corporate Directors

April 2016

Parnassus Fund adds Robert J. Klaber as Portfolio Manager

Parnassus Investments is pleased to announce the promotion of Robert J. Klaber to portfolio manager of the Parnassus Fund.

March 2015

Parnassus Fund (PARNX) Goes Fossil Free

As of February 18, 2015, the Parnassus Fund (PARNX) no longer invests in companies engaged in the extraction, exploration, production, manufacturing or refining of fossil fuels.

March 2015

Parnassus Investments Offering Institutional Share Class

On May 1, 2015, Parnassus Investments will offer an institutional share class for all of the Parnassus Funds. The Institutional class will carry a lower expense structure than the Funds’ Investor class.

Performance data is not current for archived news and updates.

July 2016

Investor’s Business Daily--Do-Gooder Stocks Do Well For These Mutual Funds

Jerome Dodson, Portfolio Manager of the Parnassus Endeavor Fund, discusses his investment approach and how he began using social screens.

July 2016

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

The Parnassus Mid Cap Fund was featured in the Wall Street Journal as one of the Category Kings for the month of May.

April 2016

The Wall Street Journal -- Sustainability’s New Frontier: Asia

Billy J. Hwan, Manager of the Parnassus Asia Fund, talks to The Wall Street Journal about the growing interest in sustainable business practices in Asia.

March 2016

Barron's -- Today’s Top 5 Stock Picks: Mid-Caps With Big Moats

Matthew Gershuny and Lori Keith, Managers of the Parnassus Mid Cap Fund, discuss how buying companies with wide moats can help the fund hold up in bear markets.

December 2015

Barron’s -- 5 Cheap Stocks Help Value Manager Beat the Market

Jerome Dodson, Portfolio Manager of the Parnassus Endeavor Fund, discusses how buying undervalued stocks with good workplaces can lead to good investments.

Performance data is not current for archived Parnassus Fund Reports.

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 2015

Parnassus Funds Quarterly Report 9/30/15

The quarterly report for the Parnassus Funds reviews the performance for the third quarter of 2015.

July 2015

Parnassus Funds Semiannual Report 6/30/15

The quarterly report for the Parnassus Funds reviews the performance for the second quarter of 2015.

Performance data is not current for archived Parnassus Digests.

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 of the Parnassus Digest discusses how ESG research can be grounded in responsible investing principles and, at the same time, enhance investment decisions.

March 2015

Green Bonds

The Green Bond market has grown exponentially since its inception in 2008, providing investors with vehicles that both offer a return on capital and support environmental causes. In this issue of the Parnassus Digest, Portfolio Manager Samantha D. Palm discusses the evolution of Green Bonds.

November 2014

Parnassus Endeavor Fund Insight

The Parnassus Endeavor Fund (PARWX) – one of the first thematic Environmental, Social, and Governance (ESG) funds in the U.S. – turns 10 in 2015. In this Parnassus Digest, Maria Kamin, ESG Research Manager, discusses the fossil-fuel free screen that was added to the strategy and the importance of good workplaces as part of the investment philosophy.

May 2014

The Water Industry - The Case for Pentair and Xylem

In this issue of the Parnassus Digest, Senior Research Analyst Minh T. Bui discusses two companies that provide equipment and services necessary to address the growth of the water industry.

January 2014

The Evolution of the Parnassus Fixed-Income Fund and Opportunities for 2014

In this Parnassus Digest, Samantha will discuss changes in the fixed-income market and in the Parnassus Fixed-Income Fund, as well as opportunities in this market for the future.

Performance data is not current for archived white papers.

July 2014

The Value of ESG Analysis in Fixed Income Investing

Portfolio Manager Samantha Palm discusses the importance of incorporating ESG analysis into fixed income investing.

January 2014

A Return to Traditional Asset Allocation

This paper explores the changes in the post-recession fixed-income market and what investors should consider as they reposition their portfolios for the upcoming year and beyond.

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.

 

September 2016

Part I: The Roots of Principles and Performance®-An Interview with Parnassus Investments Founder and President Jerome Dodson

When Jerome Dodson established Parnassus Investments in 1984, his mission was to create an investment company that would both express his values through responsible investing and provide good returns to shareholders. This issue of Principles and Performance® delves into the founder’s original vision of the integration of Principles and Performance.

August 2016

Responsibly Managing the Supply Chain

Responsible supply chain management is an important aspect of good company governance. This issue of Principles and Performance discusses how problems anywhere along the supply chain can pose significant operational risks, erode a firm’s reputation and threaten a company’s ability to do business.

July 2016

Independent Board of Directors: A Keystone to Long-Term Success

Strong corporate governance is a keystone for the long-term success of a company. This issue of Principles and Performance discusses how a board of directors that is independent from management is better able to generate sustainable, long-term shareholder value.

June 2016

Reducing the Carbon Footprint: Why Coal Is Losing Relevancy

Since April 2011, the coal industry has lost 92% of its market capitalization. This issue of the Principles and Performance discusses why coal is losing relevancy as an energy source and as an investment.

May 2016

Diversity: An Indicator of a Good Workplace

One indicator of a good workplace is a company that strives to have a diverse workforce. This issue of the Principles and Performance discusses how having a diverse workforce may give companies a competitive edge and position them for long-term success.