Steps to reproduce:

1. Download and import attached project.
2. Open scene: main.
3. Select and simulate particle system.
4. Inspect particle system.

Expected result: Particles and their bounds are in the same place.
Actual result: Particles and their bounds separate.

Notes: Only reproduces when simulation space is local and scaling mode shape.

Reproduced on: 5.4.0b3, 5.3.2p1.