Tuesday, June 15, 2021

US Census: Pakistani-Americans Are Young, Well-educated and Prosperous

Over half a million Pakistani-Americans constitute the 7th largest Asian ethnic group in the United States. Pakistani-Americans are young, well-educated and prosperous. Median age for Pakistani-Americans is 31.7 years. 60% have at least a bachelor's degree. Their median household income is $87,510 a year.  The graph below shows that immigration into the United States significantly slowed down in Trump years.  Still, the remittances from Pakistani-Americans have jumped 58% to $2.75 billion in the current fiscal year.  

Pakistani-American Population Growth. Source: Pew Research


About 36% are US-born while the rest are foreign-born. Just under 80% are US citizens, both native and naturalized. Here are the key takeaways from US Census data recently published by USA Facts:

1. Median age of Pakistani-Americans is 31.7 years, below the 37.9 years for Asian-Americans and 38.5 for overall population. Median age is 34.8 for Indian-Americans and 32.7 for Bangladeshi-Americans. 

Median Age of Asian-Americans. Source: USA Facts

2. Median income of Pakistani-American households is $87.51K, below $97.3K for Asian-Americans but significantly higher than $65.71K for overall population. Median income for Indian-American households $126.7K, the highest in the nation. 

Median Income of Asian-Americans. Source: USA Facts


3. Sixty percent of Pakistani-Americans have at least a bachelor's degree, the second highest percentage among Asian ethnic groups. Indians are the best educated group with 76% having at least a bachelor's degree. The average for Asian-Americans with at least a bachelor's degree is 56%. 

Education Level of Asian-Americans. Source: USA Facts


4. About 36% of Pakistani-Americans are US-born while the rest are foreign-born. By comparison, 29.1% of Indian-Americans and 34.3% of Asian-Americans are native-born and the rest foreign-born. 


Citizenship Status of Asian-Americans. Source: USA Facts

There are 18.6 million Asian Americans living in the US, making up 6% of the US population, according to the latest available census data. The data shows that, on average, Asian Americans are younger, more likely to be born abroad, and live in households with higher income than the average American.

Here's a video clip of CNN analyst Van Jones talking about Pakistani-Americans:

https://www.youtube.com/watch?v=gr5cLv8Dj2I





Related Links:

Haq's Musings

South Asia Investor Review

Hindus and Muslim Well-educated in America But Least Educated Worldwide

What's Driving Islamophobia in America?

Pakistani-Americans Largest Foreign-Born Muslim Group in Silicon Valley

The Trump Phenomenon

Islamophobia in America

Silicon Valley Pakistani-Americans

Pakistani-American Leads Silicon Valley's Top Incubator

Silicon Valley Pakistanis Enabling 2nd Machine Revolution

Karachi-born Triple Oscar Winning Graphics Artist

Pakistani-American Ashar Aziz's Fire-eye Goes Public

Two Pakistani-American Silicon Valley Techs Among Top 5 VC Deals

Pakistani-American's Game-Changing Vision 

Minorities Are Majority in Silicon Valley 


24 comments:

Ram said...

Does not surprise me, but may to many who heard how smart the Chinese are, see in reality how poorly they do in countries outside of China. They can't fudge the IQ numbers in the real free world.

Riaz Haq said...

Ram: "Does not surprise me, but may to many who heard how smart the Chinese are, see in reality how poorly they do in countries outside of China. They can't fudge the IQ numbers in the real free world"


China's best and the brightest stay at home. There's a lot of opportunity for them in China.



https://foreignpolicy.com/2015/08/18/why-are-so-many-of-the-worlds-best-companies-run-by-indians-google-sundar-pichai/



...part of the reason why you’ll see far fewer Chinese than Indians, not only as chief executives but also in the upper management tiers of large Western multinationals, is far from a positive for India. Rather, it speaks to the relative strength of the Chinese economy and areas where India continues to lag behind.



For example, large Chinese firms pay salaries to upper management that are roughly the same as or only somewhat less generous than those for similar positions in the United States, whereas Indian salaries, converted at the actual exchange rate rather than at the purchasing power of the Indian rupee, still lag behind. According to a 2014 survey by consulting firm Towers Watson, pay for top executives in China was on average more than double that in India when converted into dollars.



Also, perhaps surprisingly, despite concerns about pollution in China (though India’s is comparable, if not worse), China wins hands down as a favored destination for expats. In a 2013 survey by HSBC, China ranked No. 1 overall out of a total of 37 countries as a preferred expat destination.



In fact, firms in India seem to have little desire to tap the global labor market for top managers. Large Indian firms remain heavily dominated by local chief executives, often family members of the firm’s original management. Indian business even at the highest level — and among companies that are heavily globalized — remains largely autarkic and inward-looking. And there is good reason for this, though it does not necessarily speak well of the Indian economy.



A few years back, when Ratan Tata, head of the Tata conglomerate, stepped down after a protracted search for a replacement, his successor ended up being not a foreigner, as some had speculated, but Cyrus Mistry, a consummate insider and member of the extended Tata clan. If even the most cosmopolitan of Indian multinationals thought it wise to stick with a member of the family, rather than pick a star chief executive from abroad, then specific local knowledge and networks — including connections to powerful bureaucrats and government ministers — must remain hugely important at the top levels of Indian management. In this respect, India is much more similar to Japan or China than to the United States or United Kingdom.



So before Indians pat themselves on the back for exporting star chief executives, they might want to consider how this reflects the country’s failures. How can India produce a business environment that nurtures and provides incentives and opportunities to high-performing individuals like Nadella or Pichai, leveling the playing field with Western multinationals? And second, how can India foster a more competitive and innovative environment, one that produces new companies like Microsoft and Google?



While Indians bask in the reflected glory, the real winners are Indian-Americans. They’ll see role models they can emulate without worrying about a glass ceiling — a very American success story after all. And Indian Prime Minister Narendra Modi would do well to reflect on this as he prepares for a visit to Silicon Valley next month.

Hyder said...

Just over half million population? Thats too low IMO. Should have crossed 1 million by now.

Riaz Haq said...

Hyder: "Just over half million population? Thats too low IMO. Should have crossed 1 million by now"

Immigration from all nations into US dramatically slowed in Trump years.

https://1.bp.blogspot.com/-fG5bk-qlVWs/YMkARvsz83I/AAAAAAAAn-4/UZTd4aJhYM0qtoBnaH5HPBy2ns1-3hQ1wCNcBGAsYHQ/s1345/Pakistani-American%2BPopulation.png

Mayraj F. said...

What are the other Asian ethnic groups besides Chinese and Indians that exceed Pakistanis?

Riaz Haq said...

Mayraj: "What are the other Asian ethnic groups besides Chinese and Indians that exceed Pakistanis?"

In terms of education, Pakistanis are second to Indians. The rest, including the Chinese and the Japanese, are behind Pakistanis.

In terms of median household income, Pakistanis are 4th after Indians, Filipinos and Indonesians. The rest, including the Chinese and the Japanese, are behind Pakistanis.

In terms of age, Pakistanis are among the youngest. Only Nepalese, Burmese and Hmongs are younger than Pakistanis.

Riaz Haq said...

Jewish outreach to the Indian diaspora in the United States | The Jewish People Policy Institute


http://jppi.org.il/en/article/india/toc/chapters/triangle/english-jewish-outreach-to-the-indian-diaspora-in-the-united-states/

The formation of strong political ties between the Jewish and Indian leaderships and communities in the United States
In the last two decades, American Jewish groups have been very active in cultivating strong political links between the Jewish and Indian leaderships in the U.S., and between the Indian, American, and Israeli leaderships. Senior representatives of AIPAC and of the American Jewish Committee (AJC), among others, visit New Delhi on a regular basis and bring frequent delegations of Indian policy makers, think tank members, and journalists to the United States and Israel to discuss issues of common concern. In addition, the AJC has been at the forefront of endeavors to build bridges between Indian Americans and Jewish Americans. It has carried out a series of initiatives on the national and regional levels to expand dialogue and mutual understanding with the Indian community, as it has done in the past with the Latino and African American communities. It has also endeavored to forge business links between Indian Americans and Jews. In addition, AJC sponsored and participated in the interfaith dialogue of Jewish and Hindu leaders, and it coordinated several delegations of Indian Muslim leaders to Israel (more about this later).

American Jewish lobbies as models and partners of Indian lobbies in the United States
As Indian Americans recognized the success of American Jewish organizations in the political and other arenas, they began to look to these organizations as models and partners, and Jewish organizations were happy to respond. American Jewish lobbies have actively supported and contributed to the formation and success of Indian lobbies and have often served as organizational and developmental models. The Congressional India Caucus, now the largest caucus in Congress, the U.S. India Political Action Committee (USINPAC), the first and leading Indian lobbying group in the United States, and the Hindu American Foundation were all founded with the close support and encouragement of AJC and/or AIPAC. USINPAC continues to rely on many of the same methods and tactics used by AIPAC when lobbying Congress – including, for instance, letter writing campaigns and donations to targeted Congressional candidates. The Hindu American Foundation is also looking to ADL and the Simon Wiesenthal Center for guidance in advocacy and lobbying. Emulating the Simon Wiesenthal Center’s work against anti-Semitic hate speech, the Hindu American Foundation released its own report in 2007 about online hatred and bigotry against Hindus.60 It also runs an internship program giving Hindu university students the opportunity to take their first steps as Congressional lobbyists in defense of Hinduism and global Hindu challenges. Other organizations, such as the American Association of Physicians of Indian Origin (AAPI) have benefited from AJC and AIPAC support. In addition, the Indian community has emulated Jewish organizations at the grassroots level. India Community Centers, like Jewish Community Centers, offer a large number of educational, cultural, identity-building, and recreational programs to Indian communities.

Mayraj F. said...

Okay. What are the 6 largest ethnic groups? I am surprised Pakistanis behind Filipinos and Indonesians in median household income.

Riaz Haq said...

Mayraj: "Okay. What are the 6 largest ethnic groups? I am surprised Pakistanis behind Filipinos and Indonesians in median household income"

Chinese (4.4 million), Indians (4.2 million), Filipinos (3 million), Vietnamese (1.9 million), Koreans (1.5 million), Japanese (775K) and Pakistanis (506K) make up the top 7 Asian ethnic groups in the United States as of 2019. 

Two possible reasons for Filipino and Indonesian Americans having higher median household incomes:

1. Median ages of Filipinos (43 years) and Indonesians (40 years) are older than Pakistanis (32 years)....so presumably more people work in each household with fewer dependents.
 
2. More Filipinos are in healthcare than Pakistanis. Filipino doctors are 2nd and Pakistanis 3rd after Indians at number 1 in terms of foreign doctors in the United States. 

https://www.riazhaq.com/2016/12/pakistan-is-3rd-largest-source-of.html

Ahmed said...


Dear Sir Riaz

I am writing this with reference to your post about how Jews of America are reaching out to Indian disapora .

Ref:
http://jppi.org.il/en/article/india/toc/chapters/triangle/english-jewish-outreach-to-the-indian-diaspora-in-the-united-states/


----------------------------------------------------------------------------------

Sir it is indeed true that Jewish American community has always been interacting with Indian community in America and the lobbies of Jewish American community and those of Indian American community have been working together since some decades.

Now my question is that what is Pakistani community doing in America? As far as I know, Indian lobbies in America not only work to promote and protect their national interest but they also work against Pakistan and try to create misunderstanding about Pakistan in America.

Now the question arises that isn't PTI government aware of this? If they are have they ever tried to form a Pakistani lobby in America which could counter the growing influence of Indian lobbies? Has Pakistani government of PTI ever made any policies which could allow them to persuade the Pakistani community in America to promote and protect national interest of Pakistan?

Sir isn't it true that these same Indian lobbies in America might definitely have played a role in inviting investment into India especially in the sector of IT? Are these Indian lobbies working in America independently or they have support of their Indian government as well?

Kindly throw some light on this and I would appreciate if you answer my questions

Regards,


Ahmed said...


Dear Sir Riaz

I want to share something very important, I remember once I read a post in your blog about a Pakistani American who was head of the Research department of University of California ,where he was heading and leading the team of Quantum Computing.

Sir, Quantum Computing is a future of computing and the most advance form of computing which ever existed and their is a possibility that it might take over the world in the future.

Sir don't you think that Pakistanis should take advantage of this Pakistani American who is heading the team of Quantum Computing in University of California?

Don't you think that you and other high-profile Pakistanis in America must contact the government of Pakistan and should allow them to setup research centers in different universities of Pakistan where students can get chance to do research on Quantum Computing?

This Pakistani American who is the head of the team of Quantum Computing in University of California can play a vital role in promoting the research work on Quantum Computing in Universities of Pakistan.


Riaz Haq said...

Hindus and Muslims Well Educated in US But Least Educated Worldwide

Are immigrants in the United States or United Kingdom or any other host country truly representative samples of the populations in their places of origin? Are American Hindu or Muslim demographics comparable to those of the countries they left? A recent report done by Pew Research answers these questions with substantial amount of data on educational attainment.

Global Hindus and Muslims:

Hindus are the best educated religious group in the United States. They are followed by Jews in the second place and Muslims at number 3, according to Pew Research. However, both Hindus and Muslims are at the bottom in terms of educational attainment measured across the globe. 41% of Hindus and 36% of Muslims have had no formal schooling. Hindus have the widest gender gap in education among all religions in the world with Hindu women trailing Hindu men by 2.7 years.

US Educational Attainment By Religion:

American Hindus are the most highly educated with 96% of them having college degrees, according to Pew Research.  75% of Jews and 54% of American Muslims have college degrees versus the US national average of 39% for all Americans.  American Christians trail all other groups with just 36% of them having college degrees.  96% of Hindus and 80% of Muslims in the U.S. are either immigrants or the children of immigrants.


http://www.riazhaq.com/2016/12/hindus-and-muslims-well-educated-in-us.html

Riaz Haq said...

Amna Nawaz, Pakistani-American journalist bags big achievement in USA
As a win for the Pakistani community in America, Ms. Amna Nawaz has been named the chief correspondent for one of USA’s widely watched and respected news shows, PBS NewsHour.

https://www.globalvillagespace.com/amna-nawaz-pakistani-american-journalist-bags-big-achievement-in-usa/


Pakistani-American journalist Amna Nawaz has been named the chief correspondent for one of USA’s widely watched and respected news shows, PBS NewsHour.

Earlier she served as the national correspondent, now in her new role she will also serve as the White House Correspondent. Amna Nawaz joined the channel as a correspondent and has since co-moderated PBS NewsHour’s Democratic Primary Debate with Politico in December 2019. She is also the first Asian American and Muslim American to moderate a presidential debate.

In addition to her new roles, Nawaz will co-anchor and anchor some prime time and other special coverage. Before joining NewsHour, Amna Nawaz had worked for ABC News, anchoring breaking news coverage and leading the network’s digital coverage of the 2016 elections.

Amna is the daughter of Shuja Nawaz, a former Pakistan Television (PTV) journalist and currently a Distinguished Fellow, South Asia Center, at Atlantic Council, a Washington-based think-tank. Before that, she served as a foreign correspondent at NBC News, reporting from Pakistan, Afghanistan, Syria, Turkey, and the broader region.

Asked about the effect of her being an Asian American woman on her career, Ms. Nawaz told Jade magazine.com, “Sure, in the parts of the world I’ve covered, there have been a lot of times when I’m the only woman at the protest, or in the briefing room, or on the military embed.”

“I’m certainly not the first woman to be in any of those places and was lucky to have the support and encouragement of female journalists before me who’d been there and done that.”

But she acknowledged, “I’ve had people make assumptions about me – because I’m a woman because I’m Asian because my family’s from Pakistan because I’m Muslim – but I can’t control what others think. All I can do is bring my whole self to this job, to report the stories as I see them, and try to treat others’ stories with the same care and respect I’d want someone to treat mine.”

Amna’s successful career
Nawaz began her career as a Nightline Fellow at ABC News. When the Sept. 11 attacks happened just weeks into her first job, Nawaz was allowed to work on one of the most important news events in recent times, which set the precedent for the rest of her career.

Riaz Haq said...

Lina Khan, the Pakistani-American who will police Amazon, Google, Apple as new US FTC chief
Lina Khan will need 5-member majority for enforcement decisions, but will have significant control over those who conduct the FTC's competition, consumer-protection investigations.
DAVID MCLAUGHLIN and JOSH WINGROVE 16 June, 2021 9:01 am IST

https://theprint.in/world/lina-khan-the-pakistani-american-who-will-police-amazon-google-apple-as-new-us-ftc-chief/678680/


President Joe Biden named Lina Khan chairwoman of the Federal Trade Commission, an unexpected move that puts one of the most prominent advocates of aggressive antitrust enforcement against U.S. technology giants in charge of the agency.

News of Khan’s appointment came hours after the Senate confirmed her for a seat on the FTC by a vote of 69-28. She will take over the agency from Acting Chairwoman Rebecca Kelly Slaughter, who has been a commissioner for three years and had been expected by some to be tapped by Biden to lead the agency permanently.

Khan’s elevation to chairwoman marks her rapid rise to the top of U.S. antitrust enforcement. Currently a professor at Columbia Law School, just a few years ago she was a law student at Yale University. Now the 32-year-old is in charge of one of two agencies responsible for policing competition in the U.S. The other is the Justice Department’s antitrust division.

“It is a tremendous honor to have been selected by President Biden to lead the Federal Trade Commission,” Khan said in a statement after she was sworn in. “I look forward to working with my colleagues to protect the public from corporate abuse.”

Riaz Haq said...

Biden Names Pakistani American Attorney Nomaan Husain to President’s Commission on White House Fellowships


https://www.indiawest.com/news/global_indian/biden-names-pakistani-american-attorney-nomaan-husain-to-president-s-commission-on-white-house-fellowships/article_4752a0a0-ca36-11eb-ae76-d7285b8214e0.html

President Joe Biden June 4 announced the appointment of 22 individuals, including Pakistani American Nomaan Husain, as members to the President’s Commission on White House Fellowships, the White House said in a news release.

The Commission is composed of outstanding citizens who reflect the diversity and strength of America while representing a broad range of backgrounds, experiences, and professions, it said.

Commissioners are responsible for recommending a group of candidates to the president for selection as White House Fellows, a prestigious program for leadership and public service that provides young Americans experience working at the highest levels of the federal government.

Husain is the founder of Husain Law + Associates, PC, a boutique law firm based in Houston, Texas, that focuses on litigation, immigration, and aviation, according to the release. He currently serves as a commissioner on the Harris County Houston Sports Authority, is an advisor to Harris County Sheriff Ed Gonzalez, Ft. Bend County District Attorney, and is a member of the Dean’s Advisory Committee for University of Texas at Austin’s College of Liberal Arts and University of Texas School of Dentistry.

Husain has also served as the chairman of City of Houston’s Ethics Commission, chairman and president of the South Asian Chamber of Commerce, member of the Mayor’s Advisory Committee for South Asia, and as the legal counsel to the Pakistan Chamber of Commerce.

“These leaders represent the best of America – our collective character, creativity, and diversity. I am grateful these dedicated and accomplished Americans will help select and mentor the next class of White House Fellows who demonstrate exceptional leadership, unwavering passion, and a strong commitment to public service,” Biden said in a statement.


Riaz Haq said...

Pakistani doctors recognize the heroes of pandemic among them | ksdk.com

https://www.ksdk.com/article/news/health/pakistani-physicians-of-st-louis-acknowledge-their-heroes-appna-who-forge-ahead-against-pandemic/63-4f5df9a5-15cb-4058-900f-3cf58ff1645e

T. LOUIS COUNTY, Mo. — The Association of Physicians of Pakistani Descent of North America recognized healthcare workers for being on the front lines during the ongoing pandemic.

"I think there's strength in numbers," said Dr. Tariq Alam, St. Louis Chapter President of APPNA. "One physician alone can't win this fight. We all have to pour in our ideas. Get the best from everyone and get the best solution for our region."


For the 250-plus members, collaborating across healthcare networks in our region was easy, Dr. Alam said. He also says it brought doctors closer to the community.

"We have many who have language barriers, or economic barriers," Dr. Alam said. "Basically being able to reach out to them, I think that is one of our highlights."

Member and St. Louis County Health Director Dr. Faisal Khan said there's not enough praise to go around.


"The only reason we aren't looking at a 3 million or 4 million death count is because of the selfless work and sacrifice of healthcare providers across the country," Dr. Khan said. "We owe them everything."

Khan said the work isn't done yet.

"I am very happy that nearly 35% in the St. Louis region is vaccinated," Dr. Khan said. "I am equally worried that 65% of us are not. We are not out of this yet."

Khan is happy that county leaders support strong health guidelines until we cross the finish line. He said it's going to take more community action before things return to normal.

"It depends entirely on how the virus behaves, on the number of people getting vaccinated and the spread of disease in smaller communities in high-risk groups," Khan said.

Until then, doctors say mask up and get the vaccine or encourage others to do so.

Riaz Haq said...

#California Defies Doom With No. 1 #US #Economy Amid #COVID19. The Golden State has no peers when it comes to expanding #GDP, raising household #income, investing in #innovation and a host of other key metrics. #SiliconValley #Hollywood #aerospace #BigTech https://www.bloomberg.com/opinion/articles/2021-06-14/california-defies-doom-with-no-1-u-s-economy?sref=X9N3NABa

If anything, Covid-19 accelerated California’s record productivity. Quarterly revenue per employee of the publicly traded companies based in the state climbed to an all-time high of $1.5 million in May, 63% greater than its similar milestone a decade ago, according to data compiled by Bloomberg. The rest of the U.S. was nothing special, with productivity among those members of the Russell 3000 Index, which is made up of both large and small companies, little changed during the past 10 years.

While pundits have long insisted California policies are bad for business, reality belies them. In a sign of investor demand, the weight of California companies in the benchmark S&P 500 Index increased 3 percentage points since a year ago, the most among all states, according to data compiled by Bloomberg. Faith in California credit was similarly superlative, with the weight of corporate bonds sold by companies based in the state rising the most among all states, to 12.5 percentage points from 11.7 percentage points, according to the Bloomberg Barclays U.S. Corporate Bond Index. Translation: Investors had the greatest confidence in California companies during the pandemic.

The most trusted measure of economic strength says California is the world-beater among democracies. The state’s gross domestic product increased 21% during the past five years, dwarfing No. 2 New York (14%) and No. 3 Texas (12%), according to data compiled by Bloomberg. The gains added $530 billion to the Golden State, 30% more than the increase for New York and Texas combined and equivalent to the entire economy of Sweden. Among the five largest economies, California outperforms the U.S., Japan and Germany with a growth rate exceeded only by China.

Enlarging its No. 1 footprint with factory jobs, California GDP from manufacturing gained 13% over the past five years to $316 billion in 2020, an increase unmatched by any of the 10 largest manufacturing states: Texas was No. 2 with 9% growth, followed by Indiana at 8%, according to data compiled by Bloomberg. For all its bluster as being “best for business,” Texas can’t match California’s innovation. California prosperity is rooted in its appeal as a worldwide destination for technology and health-care development. Of the 6,924 corporate locations in the state, 18% are research and development facilities, a ratio that easily beats the U.S. overall (11%), China (15%), U.K. (14%) and Japan (10%). Only Germany, at 19%, has a higher rate, according to data compiled by Bloomberg. The percentage of Texas facilities for R&D is less than half California’s at 8.2%.

Corporate California also is the undisputed leader in renewable energy, with 26 companies worth $897 billion, or 36% of the U.S. industry, having reported 10% or more of their revenues derived from clean technology. No state comes close to matching the 21% of electricity derived from solar energy. Shares of these firms appreciated 282% during the past 12 months and 1,003%, 1,140% and 9,330% over two, five and 10 years, respectively, with no comparable rivals anywhere in the world, according to BloombergNEF. The same companies also increased their workforce 35% since 2019, almost tripling the rate for the rest U.S. overall and four times the global rate.

Riaz Haq said...

Saira Malik is the Chief Investment Officer and Global Portfolio Manager at Nuveen (A TIAA Company).

Currently, She lives in San Francisco, California. She often talks about the struggle her parents made to raise her up being migrated from Pakistan.

https://www.wiki.ng/en/wiki/saira-malik-wiki-and-husband-who-is-she-married-to-630214

-----

Saira was also featured among 100 most influential woman in US finance by the Barrons on April 16, 2021, for her role in managing Nuveen (A TIAA Company) $417 billion equivalent assets.

https://www.barrons.com/articles/barrons-100-most-influential-women-in-u-s-finance-saira-malik-51618563616
-----------

The resilience and determination that helped Saira Malik rise in the asset-management industry has served her company and clients well in the pandemic. A lead player in transforming Nuveen’s equity business, she continues to find new areas of growth.

As chief investment officer of global equities at Nuveen, Malik, 50, oversees equity portfolio management, equity research, equity trading, and target-date, quantitative, and index strategies. As of Dec. 31, she was responsible for $417 billion of Nuveen’s $1.2 trillion in assets under management.

She and her team improved performance last year and continued “to drive more deeply” into environmental, social, and governance investing, she says. As of February, according to the company, Morningstar ranked at least 77% of Nuveen’s U.S. equity assets above their peer-group median over the trailing three- and five-year periods.

Malik, who joined Nuveen in 2003, was “an instrumental leader” in unifying Nuveen’s and TIAA’s equity teams after TIAA acquired Nuveen in 2014, says William Huffman, head of equities and fixed income at Nuveen.

A mother of two young daughters, Malik co-heads two industry affinity organizations—LEAD (Leadership, Education, Advocacy, and Development), which seeks to promote gender diversity in the asset-management industry, and Achieve, a resources group for female professionals.

Riaz Haq said...

Nuveen names chief investment officer
Saira Malik to lead strategy, insights for US$1.2 trillion asset manager

https://www.theasset.com/article/45932/nuveen-names-chief-investment-officer

Nuveen, the asset manager of TIAA, has named Saira Malik as its chief investment officer, with responsibility for driving market and investment insights and delivering client asset allocation views from across the firm’s independent investment teams. Nuveen manages US$1.2 trillion in equities, fixed income, real estate, private markets, natural resources, other alternatives and responsible investments.

She will also lead the firm’s global investment committee, which brings together the most senior leaders from Nuveen’s investment teams to deliver the best thinking and actionable portfolio allocation ideas.

Malik will maintain her portfolio management and leadership responsibilities for Nuveen’s US$450 billion global equity business, in addition to developing consensus views alongside colleagues from across the firm’s investment platform.

She will remain lead portfolio manager for the US$132.95 billion CREF Stock strategy and a listed portfolio manager for the US$37.84 billion CREF Growth and US$27.21 billion CREF Global Equities strategies.

Malik, who has 26 years of investment experience in portfolio management, global research and analyst roles, will continue to report to William Huffman, head of the firm’s fixed-income and equity platform.

Huffman says: “Malik is dedicated to delivering strong returns to help secure the financial futures of clients and has been an essential part of the firm for nearly two decades.”

Riaz Haq said...

Pakistan-born Khizr Khan among 17 Americans to receive highest US civil award

https://www.thenews.com.pk/latest/970872-pakistan-born-khizr-khan-among-17-americans-to-receive-highest-us-civil-award


Khizr Khan is a Gold Star father and founder of the Constitution Literacy and National Unity Center

Pakistani-American Khizr Khan, who got worldwide fame when he challenged former US president Donald Trump’s knowledge of the Constitution, has been nominated to receive the country's highest civil award — The Presidential Medal of Freedom.

President Joe Biden on Friday announced the recipients of the prestigious award including Khizr Khan among 17 noted Americans. Olympic gymnast Simone Biles and former Congresswoman Gabrielle Giffords, Apple co-founder Steve Jobs (posthumously) and former Senator John McCain (posthumously) will also receive the award.

The Presidential Medal of Freedom, established under former President John F Kennedy, is the highest civilian honour, presented to individuals who have made exemplary contributions to the prosperity, values, or security of the US, world peace, or other significant societal, public or private endeavours, the White House said in a statement.

"President Biden has long said that America can be defined by one word: possibilities,” it added

"These seventeen Americans demonstrate the power of possibilities and embody the soul of the nation – hard work, perseverance, and faith," the White House said further.

"They have overcome significant obstacles to achieve impressive accomplishments in the arts and sciences, dedicated their lives to advocating for the most vulnerable among us, and acted with bravery to drive change in their communities — and across the world — while blazing trails for generations to come.

The awards will be presented at the White House Thursday, July 7.

Who is Khizr Khan?
Khizr Khan is a Gold Star father and founder of the Constitution Literacy and National Unity Center.

He is a prominent advocate for the rule of law and religious freedom and served on the United States Commission on International Religious Freedom under President Biden.

He came to fame when in 2016 he openly challenged the then US president for his knowledge of the US Constitution. His son, US Army Captain Humayun Khan, was killed in Iraq in 2004.

Khizr Khan originally hail from Lahore, where Khizr studied law at the Punjab University.

He then went to the US along with his young family to continue further studies at Harvard Law School, before permanently settling down in the country.

Riaz Haq said...

Rabia Chaudry on her memoir 'Fatty Fatty Boom Boom'

https://www.npr.org/2022/11/06/1134608160/rabia-chaudry-on-her-memoir-fatty-fatty-boom-boom

Rabia Chaudry loved food — especially fast food — and struggled with her weight growing up as a Pakistani-American. She talks with NPR's Ayesha Rascoe about her memoir, "Fatty Fatty Boom Boom."

AYESHA RASCOE, HOST:

One of the ways we honor and cherish our families is through food. And that couldn't be more true for lawyer, podcaster and author Rabia Chaudry. Growing up in a Pakistani household, she's familiar with the sights and smells of spicy biryani and sticky treats like jalebis. But as Chaudry chronicles in her new memoir, "Fatty Fatty Boom Boom," sometimes, that love for culture and family can become fraught. Rabia Chaudry, who is best known for her work on the Adnan Syed case and host of the "Undisclosed" podcast, joins us now. Welcome.

RABIA CHAUDRY: Hi, Ayesha. How are you?

RASCOE: I'm fine. Thank you so much for joining us. So before we just dive into your story of family and food and everything in between, I want to acknowledge the end of a different chapter in your life, the freedom of Adnan Syed. Syed was imprisoned in 1999 for the murder of his girlfriend at the time. Through your help, his conviction has been overturned, and now he's free. How does it feel to be on the other side of that fight?

CHAUDRY: Oh, I mean, sometimes, I forget. Sometimes, I still - my eyes will fly open, at night and I'm like, wait. What's next? What appeal do we file next? And when you've been carrying that around, like, your entire adult life, it feels quite amazing to be able to finally put it down and check it off your list.

RASCOE: So tell me why with your memoir you wanted to tell the story of your life through the food that you grew up eating?

CHAUDRY: You know, anybody can write a memoir of their life in so many different ways, right? It can be about my career. It can be about advocacy work. It can be about so many things. And I decided that those were a lot of stories I told all the time. But there was a theme in my life that I never spoke about publicly but was - has been with me since childhood. And that is issues around body image and weight. And so "Fatty Fatty Boom Boom" was born, which was one of my childhood nicknames. But, you know, at the same time, I can't divorce it from, you know, this issue about body image and weight from - like, my love for food and especially Pakistani cuisine and my family stories around it that bring me so much joy.

RASCOE: So, I mean, the book really walks us through how you developed your relationship with food from a very young age. You know, talk to me about the food you were eating and how you felt about it.

CHAUDRY: Yeah. You know, so when I immigrated to the United States, I was 6 months old. And I was the firstborn. My parents were discovering this country in a lot of ways. And one of the ways was through its food. And in my parents' imagination, nothing could be stocked in an American grocery store that wouldn't actually be healthy and wholesome and better than the foods we had back home in Pakistan. So we just dove right in into all of the processed foods. And I grew up eating just so much Bologna and, like, you know, crackers and processed snacks a lot of us grew up with.

RASCOE: I mean, you talked about how, like, even as a baby, kind of to fatten you up...

CHAUDRY: Oh, yeah.

RASCOE: It was some miscommunication, but you were drinking, like, half and half. And then also...

CHAUDRY: Oh, yeah.

Riaz Haq said...

#US Congressman Jamaal Bowman, #Democrat, #NewYork, introduces resolution in House to designate March 23 as ‘Pakistan Day’. He initiated the “landmark resolution”. It is the first such resolution introduced in the US Congress. #PakistanDay2023 #Pakistan
https://economictimes.indiatimes.com/news/international/world-news/us-congressman-introduces-resolution-in-house-to-designate-march-23-as-pakistan-day/articleshow/98982639.cms


The resolution emphasised the importance of recognising and paying tribute to those who foster ethnic pride and enhance the profile of cultural diversity, which strengthens the fabric of the US communities.

Bowman in fact stated that it was an honour for him to introduce the resolution and stressed the importance of standing with the people of Pakistan during their time of crisis.

Bowman expressed his solidarity with Pakistan, which has been hit by a natural disaster and conveyed his message of peace and love to the people of Pakistan.

The resolution also highlighted that Pakistan Day provides an excellent opportunity for all US residents to learn more about Pakistan’s rich heritage and foster an appreciation for its ancient culture among future generations.

Pakistan’s ambassador to the US, Masood Khan, thanked Bowman for his initiative, which would bring the two countries and their people closer to each other.

Riaz Haq said...

Robert F. Kennedy’s Granddaughter Sarah and Her Husband Celebrate His Pakistani Heritage with Wedding Mehndi

https://people.com/jfk-granddaughter-sarah-kennedy-and-husband-host-traditional-wedding-mehndi-7734882

When planning their wedding weekend, it was important for the couple to combine Kennedy’s Catholic family traditions with Sulahry’s Muslim and Pakistani family traditions.

“We look forward to celebrating with close family and friends and sharing our relationships and cultures," Sarah said. "Our wedding is unique because we combine Sarah’s Irish catholic roots with Jam’s Muslim Pakistani roots to celebrate our love joyfully. We look forward to having so many of our friends and family experiencing our take on the traditional Mehndi event on Friday night."

That fusion of cultures even seeped into the ceremony’s color palette, with the bride and groom choosing pinks and oranges “inspired by the beautiful surroundings of the Cape Cod coast, Sulahry’s Pakistani culture, [our] love for the water, and the natural gardens and landscape of the Kennedy Compound.”

A true melding of tradition, the wedding was a “joyous celebration of love and unity.”
--------------

The Mehndi took place at JFK and Jackie's summer White House, where guests embraced traditional Pakistani culture

Congratulations are in order for Sarah Kennedy, granddaughter of Robert F. and Ethel Kennedy, and her husband, Jam Sulahry!

Ahead of their Aug. 19 wedding, the couple paid homage to Sulahry’s Pakistani heritage with a traditional Mehndi on Friday evening.

Held in Hyannis Port, Mass., at what was known as "the summer White House" of former President John F. Kennedy (Robert's brother) and First Lady Jackie, the ceremony featured “choreographed Bollywood-style dances, henna tattoos, Pakistani desserts, and traditional Pakistani and Indian music.”


“Guests are encouraged to wear vibrant colors and patterns in traditional Pakistani clothing to embrace the experience fully,” Sarah told PEOPLE exclusively.

On Saturday, the pair said "I do" on the historic Kennedy Compound with the ceremony and cocktail hour held at the RFK House, named after Sarah's grandfather.

Never miss a story — sign up for PEOPLE's free daily newsletter to stay up-to-date on the best of what PEOPLE has to offer, from celebrity news to compelling human interest stories.

The reception was then hosted at the JFK House, named after the bride's great uncle, John F. Kennedy. The wedding was planned and designed by Kate Murtaugh Events & Design, with florals overseen by Beach Plum Floral Design.

“We chose to host our wedding weekend events at the Kennedy Compound and surrounding family homes because of how special it is to us as a backdrop to our lives,” Sarah, the daughter of Chris Kennedy, told PEOPLE. “It is where we have celebrated the great times and come together in heartbreaking times. It truly feels like coming home.”

While their large celebration just happened this weekend, the pair was actually legally wed on June 17, 2022, in a small Pakistani ceremony called a Nikah. That date is the 72nd anniversary of Robert F. and Ethel Kennedy’s wedding date.

Riaz Haq said...

Latest US Census Data Released in 2023

https://data.census.gov/table/ACSSPP1Y2022.S0201?q=S0201:+Selected+Population+Profile+in+the+United+States&t=-02:-04:070:Ancestry:Income+and+Poverty

Pakistani-Americans Median Household Earning: $106,281, Mean Earnings: $149,178

---------------


White Americans: Median household Income $78,636 Mean Earnings $112,415

African Americans : $52,238 $76,888

American Indian Alaska Native $61,778 $85,838

Asian Indian $152,341 $197,732

Bangladeshi $80,288 $116,500

Chinese $101,738 $160,049

Taiwanese $122,952 $180,906

Filipino $109,090 $122,635

Pakistanis $106,286 $149,178

Nepal $92,262 $120,146

Asians $104,646 $149,363