Anchored Objects need be able to apply a text wrap when placed before their anchor point in text
For example, if the reference text for an image falls on the lower half of a right hand page, but the placement of the image works better at the top of that page—or even on the facing left hand page—the text wrap should be able to work before the object's anchor point in the text. Otherwise, when dealing with long documents, this feature is somewhat useless if you can only anchor some of your objects.
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Anonymous commented
Have anchor objects wrap around first line of text. This is particularly helpful when a graphic/photo is in a table or an text box.