Emulsion polymerization was examined as a novel route for the synthesis of core/shell superparamagnetic nanoparticles consisting of a highly crystalline gamma-Fe2O3 core and a very thin polymeric shell wall. These nanoparticles were used as soluble supports for immobilizing Pd catalysts to promote Suzuki cross-coupling reactions. Recovery of catalysts was facilely achieved by applying a permanent magnet externally. Isolated catalysts were reused for new rounds of reactions without significant loss of their catalytic activity.