Unreal Engine 4.21 does not import foliage properly

Older version 4.19 imported it fine, but 4.21 + does not do it well. When I try to move a tree to viewport, it does not have any textures and colors (it had all in UE4.19, I am using Studio version for VR), and when I try to apply material to object, it turns gray.

I guess this is a problem with Epic’s latest update.

Asset I tried to import is Reddit - Dive into anything