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.
Refer to the input text as context and select the correct relationship between 'Man Group' and 'hedge fund' from the available options.
Options: location of formation, distribution format, brand, industry