Aapryl Integrates Nasdaq eVestment Data to Enhance Institutional Manager Analytics
By Lauren Towner · 1 October 2026

Quick Summary
Aapryl's new integration with Nasdaq eVestment enhances institutional manager analytics by allowing mutual subscribers to analyze manager products using proprietary skill attribution and factor scoring. This relationship helps investors move beyond simple performance reporting to identify repeatable manager skill and improve portfolio construction outcomes.
How Does the Aapryl and Nasdaq eVestment Integration Work?
The integration streamlines institutional manager analytics by allowing mutual subscribers to access Nasdaq eVestment-sourced manager data directly within the Aapryl platform. This eliminates the need for manual data entry and ensures that investment research processes remain uninterrupted. By bringing together trusted data and advanced proprietary analytics, the partnership addresses the growing challenge of interpreting vast volumes of manager information.
- Direct Data Access: Subscribers can view their covered manager products within the Aapryl interface.
- Consistent Methodology: Nasdaq eVestment funds are evaluated using Aapryl’s style-adjusted benchmarks.
- Seamless Workflow: Investment teams can interrogate data without changing their existing research habits.
What Analytics Are Available for Institutional Investors?
By leveraging this data relationship, investors can apply a consistent analytical framework to their manager universe. The platform focuses on skill attribution analytics, which effectively separates security selection from tactical timing. This level of granularity is essential for determining if a manager's performance is driven by genuine investment skill or simply market and style exposure.
- The Aapryl Score: A proprietary metric used to rank and evaluate manager potential.
- Factor Exposure Analysis: Identifying the underlying drivers of portfolio risk and return.
- Persistent Style Effects: Capturing how specific investment styles impact long-term performance.
"Institutional teams have more manager data than ever, and the harder question is what it tells them about how a manager is likely to perform going forward," said Daniel Brickhouse, VP, Head of Nasdaq eVestment. "Making Nasdaq eVestment data available within Aapryl gives mutual subscribers another way to interrogate that data, inside the research process they already run."
Why Is Skill Attribution Critical for Portfolio Construction?
In a market saturated with data, the ability to identify forward-looking insights is a competitive advantage. Aapryl’s methodology, which boasts a 30-year track record, isolates the impact of a manager's active decisions. This allows institutional teams to build portfolios based on quantifiable performance drivers rather than historical returns that may not be repeatable in different market cycles.
"Institutional investors have trusted Nasdaq eVestment's data for years. By making that data available through Aapryl, mutual subscribers can move from performance reporting to skill reporting and see, clearly and quantifiably, what is driving manager performance," said David Andrade, General Manager, Aapryl. "As the volume of investment data continues to grow, the ability to translate that information into meaningful, forward-looking insights is becoming increasingly important."
FF NEWS TAKE:
This partnership significantly moves the needle for institutional manager analytics by bridging the gap between raw data and actionable intelligence. For too long, investors have struggled with 'data fatigue'—having plenty of information but little clarity. By integrating Nasdaq eVestment’s gold-standard data with Aapryl’s sophisticated attribution tools, the industry takes a major step toward transparent, skill-based evaluation. It is a win for transparency in the capital markets.
Companies in this story: Nasdaq eVestment, Aapryl LLC
People in this story: David Andrade, Daniel Brickhouse