diff --git a/com.unity.render-pipelines.high-definition/CHANGELOG.md b/com.unity.render-pipelines.high-definition/CHANGELOG.md
index 9b5cbc029a5..8372b190e2d 100644
--- a/com.unity.render-pipelines.high-definition/CHANGELOG.md
+++ b/com.unity.render-pipelines.high-definition/CHANGELOG.md
@@ -717,6 +717,7 @@ and this project adheres to [Semantic Versioning](http://semver.org/spec/v2.0.0.
 - Fixed issue with completely black AO on double sided materials when normal mode is set to None.
 - Fixed UI drawing of the quaternion (1251235)
 - Fix an issue with the quality mode and perf mode on RTR and RTGI and getting rid of unwanted nans (1256923).
+- Fixed unitialized ray tracing resources when using non-default HDRP asset (case 1259467).
 
 ### Changed
 - Improve MIP selection for decals on Transparents
diff --git a/com.unity.render-pipelines.high-definition/Runtime/RenderPipeline/HDRenderPipeline.cs b/com.unity.render-pipelines.high-definition/Runtime/RenderPipeline/HDRenderPipeline.cs
index ea364157343..750e0cb0ffd 100644
--- a/com.unity.render-pipelines.high-definition/Runtime/RenderPipeline/HDRenderPipeline.cs
+++ b/com.unity.render-pipelines.high-definition/Runtime/RenderPipeline/HDRenderPipeline.cs
@@ -572,57 +572,64 @@ public HDRenderPipeline(HDRenderPipelineAsset asset, HDRenderPipelineAsset defau
         }
 
 #if UNITY_EDITOR
-        void UpgradeResourcesIfNeeded()
+        void UpgradeResourcesInAssetIfNeeded(HDRenderPipelineAsset asset)
         {
-            // The first thing we need to do is to set the defines that depend on the render pipeline settings
-            m_Asset.EvaluateSettings();
-
             // Check that the serialized Resources are not broken
-            if (HDRenderPipeline.defaultAsset.renderPipelineResources == null)
-                HDRenderPipeline.defaultAsset.renderPipelineResources
+            if (asset.renderPipelineResources == null)
+                asset.renderPipelineResources
                     = UnityEditor.AssetDatabase.LoadAssetAtPath<RenderPipelineResources>(HDUtils.GetHDRenderPipelinePath() + "Runtime/RenderPipelineResources/HDRenderPipelineResources.asset");
 #if UNITY_EDITOR_LINUX // Temp hack to be able to make linux test run. To clarify
-            ResourceReloader.TryReloadAllNullIn(HDRenderPipeline.defaultAsset.renderPipelineResources, HDUtils.GetHDRenderPipelinePath());
+            ResourceReloader.TryReloadAllNullIn(asset.renderPipelineResources, HDUtils.GetHDRenderPipelinePath());
 #else
-            ResourceReloader.ReloadAllNullIn(HDRenderPipeline.defaultAsset.renderPipelineResources, HDUtils.GetHDRenderPipelinePath());
+            ResourceReloader.ReloadAllNullIn(asset.renderPipelineResources, HDUtils.GetHDRenderPipelinePath());
 #endif
 
             if (m_RayTracingSupported)
             {
-                if (HDRenderPipeline.defaultAsset.renderPipelineRayTracingResources == null)
-                    HDRenderPipeline.defaultAsset.renderPipelineRayTracingResources
+                if (asset.renderPipelineRayTracingResources == null)
+                    asset.renderPipelineRayTracingResources
                         = UnityEditor.AssetDatabase.LoadAssetAtPath<HDRenderPipelineRayTracingResources>(HDUtils.GetHDRenderPipelinePath() + "Runtime/RenderPipelineResources/HDRenderPipelineRayTracingResources.asset");
 #if UNITY_EDITOR_LINUX // Temp hack to be able to make linux test run. To clarify
-                ResourceReloader.TryReloadAllNullIn(HDRenderPipeline.defaultAsset.renderPipelineRayTracingResources, HDUtils.GetHDRenderPipelinePath());
+                ResourceReloader.TryReloadAllNullIn(asset.renderPipelineRayTracingResources, HDUtils.GetHDRenderPipelinePath());
 #else
-                ResourceReloader.ReloadAllNullIn(HDRenderPipeline.defaultAsset.renderPipelineRayTracingResources, HDUtils.GetHDRenderPipelinePath());
+                ResourceReloader.ReloadAllNullIn(asset.renderPipelineRayTracingResources, HDUtils.GetHDRenderPipelinePath());
 #endif
             }
             else
             {
                 // If ray tracing is not enabled we do not want to have ray tracing resources referenced
-                HDRenderPipeline.defaultAsset.renderPipelineRayTracingResources = null;
+                asset.renderPipelineRayTracingResources = null;
             }
 
             var editorResourcesPath = HDUtils.GetHDRenderPipelinePath() + "Editor/RenderPipelineResources/HDRenderPipelineEditorResources.asset";
-            if (HDRenderPipeline.defaultAsset.renderPipelineEditorResources == null)
+            if (asset.renderPipelineEditorResources == null)
             {
                 var objs = InternalEditorUtility.LoadSerializedFileAndForget(editorResourcesPath);
-                HDRenderPipeline.defaultAsset.renderPipelineEditorResources = objs != null && objs.Length > 0 ? objs.First() as HDRenderPipelineEditorResources : null;
+                asset.renderPipelineEditorResources = objs != null && objs.Length > 0 ? objs.First() as HDRenderPipelineEditorResources : null;
             }
 
-            if (ResourceReloader.ReloadAllNullIn(HDRenderPipeline.defaultAsset.renderPipelineEditorResources,
+            if (ResourceReloader.ReloadAllNullIn(asset.renderPipelineEditorResources,
                 HDUtils.GetHDRenderPipelinePath()))
             {
                 InternalEditorUtility.SaveToSerializedFileAndForget(
-                    new Object[]{HDRenderPipeline.defaultAsset.renderPipelineEditorResources },
+                    new Object[]{asset.renderPipelineEditorResources },
                     editorResourcesPath,
                     true);
             }
 
             // Upgrade the resources (re-import every references in RenderPipelineResources) if the resource version mismatches
             // It's done here because we know every HDRP assets have been imported before
-            HDRenderPipeline.defaultAsset.renderPipelineResources?.UpgradeIfNeeded();
+            asset.renderPipelineResources?.UpgradeIfNeeded();
+        }
+
+        void UpgradeResourcesIfNeeded()
+        {
+            // The first thing we need to do is to set the defines that depend on the render pipeline settings
+            m_Asset.EvaluateSettings();
+
+            // Check and fix both the default and current HDRP asset
+            UpgradeResourcesInAssetIfNeeded(HDRenderPipeline.defaultAsset);
+            UpgradeResourcesInAssetIfNeeded(HDRenderPipeline.currentAsset);
         }
 
         void ValidateResources()