2 Min Read LONDON, May 11 (Reuters) - Sovereign wealth funds’ direct investments almost doubled in 2020 to $65.9 billion, with a significant portion of that amount invested at home as funds sought to soften the hit to their economies from the COVID-19 crisis, according to a report published Tuesday. For the first time, savings funds invested less than sovereign development funds and hybrid funds, according to the report from the International Forum of Sovereign Wealth Funds (IFSWF), based on publicly-disclosed direct investments. Savings funds usually have a remit to deliver long-term financial returns by investing in markets, while development funds are focused more on helping develop their local economies, and hybrid funds have more than one mandate.