Asian emerging-market bonds and currencies could gain further following the US Federal Reserve's decision to delay its withdrawal of stimulus, a senior executive at bond giant Pacific Investment Management Co. said on Tuesday.

In an interview, Ramin Toloui, Pimco's global co-head of emerging markets portfolio management, said the accommodative stance of many central banks globally, along with the recent sell-off in emerging-market currencies and increases in yields, provided an opportunity to investors to strategically build positions in high-quality fixed income.