Pick: Compass Group
David Samra has run the $5.4 billion Artisan International Value Fund (ARTKX) since its 2002 birth, returning an annualized 13.0%, vs. the MSCI EAFE's 6.8%, according to Morningstar. He bets heavily when he believes in a company. The fund's largest position, at 5.7%, is U.K.-based Compass Group, which runs cafeterias for corporations, universities, hospitals, and sports arenas. Samra loves Compass' "market leading" position and formidable balance sheet. Not only does Compass have scale, he says, but it has superb management. Analysts expect 2013 earnings per share to be 21% higher than in 2011. Operating margins have improved from below 6%, when Samra started buying in 2009, to 7% today. He thinks they could rise to 8%, which would help boost the stock.
--A.F.
Retirement is different today. So are retirees. Here are 20 destinations to suit both.
