Utilize the input text as a context reference, choose the right relationship between Man Group and hedge fund from the options. Options: 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.

SHANGHAI, Aug 31 (Reuters) - Chinese authorities have taken Li Yifei, chairwoman of British hedge fund manager Man Group (LSE: EMG.L - news ) Plc's China unit, into custody to help with a police probe into market volatility, Bloomberg reported on Monday, citing a person familiar with the matter.

Answer: industry