It works correctly in 5.0.3.
1. Open the attached project Test_Niagara_001.uasset.
2. Rename the timeline folder or change the folder hierarchy.
3. After saving, when Test_Niagara_001.uasset is opened again, the changes are not reflected.
There's no existing public thread on this issue, so head over to Questions & Answers just mention UE-176462 in the post.
|Component||UE - Rendering - Niagara|
|Affects Versions||5.2, 5.1|
|Created||Feb 8, 2023|
|Updated||Feb 13, 2023|