What is the relationship between Man Group and hedge fund in the context of the input sentence. Choose an answer from: product/material produced; manufacturer; distributed by; industry; position held; original broadcaster; owned by; founded by; distribution format; headquarters location; stock exchange; currency; parent organization; chief executive officer; director/manager; owner of; operator; member of; employer; chairperson; platform; subsidiary; legal form; publisher; developer; brand; business division; location of formation; creator.

BEIJING/LONDON - The head of hedge fund manager Man Group (LSE: EMG.L - news ) Plc's China business is taken into custody to help authorities in a probe into recent market volatility, Bloomberg reports, while separately a local financial reporter confesses to having spread false information that caused "panic and disorder" on national TV.

Answer: industry