Dropcap in FM (FM2019)

With all the powerful formatting tools available in FM, a DropCap feature is still lacking. I know it can be created using Anchored Frames, but I'm not a fan of this option as it requires manual manipulation of the text and I find the spacing always looks a little off to me.

I was wondering if anyone in the community has found other workarounds for creating DropCaps effectively without having to use Anchored Frames.

(Would be nice if there was an option to have the text aligned to the top of the line and not the bottom :-)).

Thanks,

Quintin