Britain and asset managers say investments in defence are 'sustainable'

LONDON, April 23 (Reuters) - Investing in defence companies is compatible with long-term sustainable considerations, a joint statement from Britain's finance ministry and UK asset management industry body said on Tuesday.

"Investing in good, high-quality, well-run defence companies is compatible with ESG considerations as long-term sustainable investments is about helping all sectors and all companies in the economy succeed," the statement from the ministry and Investment Association said. (Reporting by Huw Jones; Editing by Alison Williams )