Utilize the input text as a context reference, choose the right relationship between Glencore and Ivan Glasenberg 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.

Glencore [LON:GLEN] chief executive Ivan Glasenberg is backing himself in one of the greatest trades of his life, and Questor is concerned he is backing himself and his investors into a corner.

Answer: owned_by